COUNTER INDEMNITY. To the extent that a Secured Creditor is required to indemnify the Collateral Agent and/or the Delegate Collateral Agent pursuant to Clause 4.3 (Indemnity to Agents) as a result of any action which a Credit Party is required to take but does not, the relevant Credit Party agrees to indemnify each such Secured Creditor on demand against any amount it has paid to the Collateral Agent and/or the Delegate Collateral Agent pursuant to Clause 4.3 (Indemnity to Agents).
COUNTER INDEMNITY. (1) Venture will from time to time grant an indemnity (the "Indemnity") to its bankers in respect of facilities granted or to be granted to its Clients (including the Client).
COUNTER INDEMNITY. 12.1 The Buyer hereby covenants with the Sellers to pay to the Sellers (or to either one of them at the direction of the Sellers) by way of adjustment to the consideration paid by the Buyer to the Sellers under the Agreement, an amount equal to any Taxation for which any member of the Sellers’ Group is or becomes liable as a result of:
COUNTER INDEMNITY. 11.1 The Purchaser hereby covenants with the Vendor to pay to the Vendor, an amount equal to any of the following:
COUNTER INDEMNITY. In consideration of the Issuers agreeing to issue the Letters of Credit, the Indemnifier unconditionally and irrevocably agrees:
COUNTER INDEMNITY. Each Borrower hereby irrevocably and unconditionally:
COUNTER INDEMNITY. 5.6.1 Each Borrower irrevocably:
COUNTER INDEMNITY. 7.1 Indemnity from the Company
COUNTER INDEMNITY. 20 PART 3 INTEREST.................................................................................................... 22
COUNTER INDEMNITY. Pursuant to the terms of the First Acquisition Supplemental Agreement, the Company shall grant a counter indemnity in favour of Shui On Land and Vendor A Guarantor pursuant to which the Company shall indemnify and shall keep Shui On Land and Vendor A Guarantor indemnified against, among others, all loses and expenses incurred by Shui On Land and Vendor A Guarantor arising from the Relevant Guarantees and the Mitsui Guarantee, as well as undertaking to procure the Target Group to repay all loans and indebtedness subject to the Relevant Guarantees and Mitsui Guarantee on demand by the relevant lenders and Xxxxxx. As at the date of the First Acquisition Supplemental Announcement, the amount guaranteed under Relevant Guarantees and Mitsui Guarantee subject to the counter indemnity to be given by the Company in favour of Shui On Land and Vendor A Guarantor is in the aggregate amount of RMB784.8 million (equivalent to approximately HK$933.9 million). SECOND ACQUISITION SUPPLEMENTAL AGREEMENT The principal terms of the Second Acquisition Supplemental Agreement are set out below. Date 28 December 2017 Parties
