Common use of Indemnification; Exoneration Clause in Contracts

Indemnification; Exoneration. (a) In addition to amounts payable as elsewhere provided in this ARTICLE III, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE or DE FACTO Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 8 contracts

Samples: Credit Agreement (Metals Usa Inc), Credit Agreement (Homeusa Inc), Credit Agreement (Transportation Components Inc)

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Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 6 contracts

Samples: Credit Agreement (Schawk Inc), Credit Agreement (Binks Sames Corp), Credit Agreement (Schawk Inc)

Indemnification; Exoneration. (a) In addition to amounts payable as elsewhere provided in this ARTICLE IIIArticle 3, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each Issuing Bank and each Revolving Lender from and against any and all liabilities and costs which the Administrative Agent, such Issuing Bank or such Revolving Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable such Issuing Bank, as a result of its Gross Negligence gross negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable such Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS"“Governmental Acts”).

Appears in 6 contracts

Samples: Credit Agreement (Energizer Holdings Inc), Credit Agreement (Energizer Holdings Inc), Credit Agreement (Inovalon Holdings, Inc.)

Indemnification; Exoneration. (a) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Borrower Company hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Administrative Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence gross negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTSGovernmental Acts").

Appears in 5 contracts

Samples: Credit Agreement (Trimble Navigation LTD /Ca/), Credit Agreement (Trimble Navigation LTD /Ca/), Credit Agreement (Trimble Navigation LTD /Ca/)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the each Borrower hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Administrative Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of to the extent resulting from its Gross Negligence gross negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS"“Governmental Acts”).

Appears in 5 contracts

Samples: Woodward Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward, Inc.)

Indemnification; Exoneration. (a) In addition to amounts payable as elsewhere provided in this ARTICLE IIISection 2.20, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each Issuing Bank Lender and each Lender from and against any and all liabilities and costs which the Administrative Agent, such Issuing Bank Lender or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing BankLender, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank Lender to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTSGovernmental Acts").

Appears in 3 contracts

Samples: Credit Agreement (TJX Companies Inc /De/), Assignment Agreement (TJX Companies Inc /De/), TJX Companies Inc /De/

Indemnification; Exoneration. (ai) In addition to amounts payable as elsewhere provided in this ARTICLE IIISection 2.17, the Borrower Company hereby agrees to protect, indemnify, pay and save harmless the Agent, each the Issuing Bank and each Lender Bank from and against any and all liabilities and costs (including, without limitation, reasonable attorneys' fees) which the Agent, such the Issuing Bank or such Lender Bank may incur or be subject to as a consequence, direct or indirect, of (ia) the issuance of any Letter of Credit Credit, other than, in the case of the applicable Issuing Bank, than as a result of its Gross Negligence such Person's gross negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (iib) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTSGovernmental Acts").

Appears in 2 contracts

Samples: Credit Agreement (Masco Corp /De/), Credit Agreement (Masco Corp /De/)

Indemnification; Exoneration. (a) In addition to amounts payable as elsewhere provided in this ARTICLE IIIAgreement, the Borrower hereby agrees to protect, indemnify, pay and save harmless the AgentL/C Issuer, each Issuing Bank Lender and each Lender the Agent from and against any and all liabilities and costs which the AgentL/C Issuer, such Issuing Bank any Lender or such Lender the Agent may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing BankL/C Issuer, as a result of its Gross Negligence gross negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank L/C Issuer to honor a drawing under a any Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO Governmental Authority de facto governmental authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 2 contracts

Samples: Credit Agreement (Loewen Group Inc), Credit Agreement (Loewen Group Inc)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each the Issuing Bank and each Lender from and against any and all liabilities and costs which the Administrative Agent, such the Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 2 contracts

Samples: Credit Agreement (Catalina Marketing Corp/De), Credit Agreement (Catalina Marketing Corp/De)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE III, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE or DE FACTO Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 2 contracts

Samples: Credit Agreement (Ifr Systems Inc), Credit Agreement (Binks Sames Corp)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE III, the each Borrower hereby agrees to protect, indemnify, pay and save harmless the Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE or DE FACTO Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 1 contract

Samples: Credit Agreement (American Architectural Products Corp)

Indemnification; Exoneration. (a) In addition to amounts payable as elsewhere provided in this ARTICLE III, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Agent, each the Issuing Bank and each Lender from and against any and all liabilities and costs which the Agent, such the Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence gross negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE or DE FACTO Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 1 contract

Samples: Credit Agreement (CTS Corp)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE III, the Borrower Company hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Administrative Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence gross negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 1 contract

Samples: Credit Agreement (Lanier Worldwide Inc)

Indemnification; Exoneration. (a) In addition to amounts payable as elsewhere provided in this ARTICLE IIIAgreement, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Agent, each Issuing Bank Lender and each Issuing Lender from and against any and all liabilities and costs which the Agent, such any Lender or any Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing BankLender thereof, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank Lender of such Letter of Credit to honor a drawing under a such Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 1 contract

Samples: Credit Agreement (American Medserve Corp)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Borrower hereby agrees Borrowers hereby, jointly and severally, agree to protect, indemnify, pay and save harmless the Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS"“Governmental Acts”).

Appears in 1 contract

Samples: Credit Agreement (Finish Line Inc /In/)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE III, the Borrower hereby agrees to protect, indemnify, pay and save harmless the AgentAgents, each Issuing Bank and each Lender from and against any and all liabilities and costs which the such Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE or DE FACTO Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 1 contract

Samples: Credit Agreement (Spartan Stores Inc)

Indemnification; Exoneration. (a) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Borrower hereby agrees to ----------- protect, indemnify, pay and save harmless the Administrative Agent, each Issuing Bank and each Lender harmless from and against any and all liabilities Liabilities and costs Costs which the Agent, Administrative Agent or such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any the Letter of Credit other than, in the case of the applicable such Issuing Bank, as a result of its Gross Negligence gross negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, jurisdiction or (ii) the failure of the applicable such Issuing Bank to honor a drawing under a such Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTSGovernmental Acts").. -----------------

Appears in 1 contract

Samples: Taylor Ann Stores Corp

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Borrower Company hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Administrative Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 1 contract

Samples: Credit Agreement (American National Can Group Inc)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Domestic Borrower hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each the Issuing Bank and each Lender from and against any and all liabilities and costs which the Administrative Agent, such the Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 1 contract

Samples: Credit Agreement (Catalina Marketing Corp/De)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Administrative Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS"“Governmental Acts”).

Appears in 1 contract

Samples: Credit Agreement (Kansas City Power & Light Co)

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Indemnification; Exoneration. (a) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Borrower hereby Anixter agrees to protect, indemnify, pay and save harmless the Administrative Agent, each the Issuing Bank Banks and each Lender from and against any and all liabilities Liabilities and costs Costs which the Administrative Agent, such any Issuing Bank or such any Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable any Issuing Bank, as a result of its Gross Negligence gross negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, jurisdiction or (ii) the failure of the applicable any Issuing Bank to honor a drawing under a such Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTSGovernmental Acts").

Appears in 1 contract

Samples: Credit Agreement (Anixter International Inc)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Administrative Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of to the extent resulting from its Gross Negligence gross negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 1 contract

Samples: Credit Agreement (Thomas Industries Inc)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Borrower Company hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Administrative Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence gross negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 1 contract

Samples: Credit Agreement (Lanier Worldwide Inc)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE III, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Agent, each the Issuing Bank and each Lender from and against any and all liabilities and costs which the Agent, such the Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE or DE FACTO Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 1 contract

Samples: Credit Agreement (Huttig Building Products Inc)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Borrower hereby agrees to protect, indemnify, pay and save harmless the AgentAgents, each Issuing Bank and each Lender from and against any and all liabilities and costs which the such Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a 53 court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTSGovernmental Acts").

Appears in 1 contract

Samples: Credit Agreement (Spartan Stores Inc)

Indemnification; Exoneration. (a) In a)In addition to amounts payable as elsewhere provided in this ARTICLE IIISECTION 2.20, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each Issuing Bank Lender and each Lender from and against any and all liabilities and costs which the Administrative Agent, such Issuing Bank Lender or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing BankLender, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank Lender to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE or DE FACTO Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 1 contract

Samples: Revolving Credit Agreement (TJX Companies Inc /De/)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Domestic Borrower hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each the Issuing Bank and each Lender from and against any and all liabilities and costs which the Administrative Agent, such the Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS"“Governmental Acts”).

Appears in 1 contract

Samples: Credit Agreement (Catalina Marketing Corp/De)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each the Issuing Bank and each Lender from and against any and all liabilities and costs which the Administrative Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of to the extent resulting from its Gross Negligence gross negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS"“Governmental Acts”).

Appears in 1 contract

Samples: Credit Agreement (Quixote Corp)

Indemnification; Exoneration. (a) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE or DE FACTO Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 1 contract

Samples: Credit Agreement (Transportation Components Inc)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Administrative Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of to the extent resulting from its Gross Negligence gross negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS"“Governmental Acts”).

Appears in 1 contract

Samples: Credit Agreement (Woodward Governor Co)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE III, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Administrative Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of to the extent resulting from its Gross Negligence gross negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 1 contract

Samples: Credit Agreement (Woodward Governor Co)

Indemnification; Exoneration. (a) In addition to amounts payable as elsewhere provided in this ARTICLE IIIAgreement, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each the Issuing Bank Lender and each Lender from and against any and all liabilities and costs which the Administrative Agent, such the Issuing Bank Lender or such any Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing BankLender, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank Lender of a Letter of Credit to honor a drawing under a such Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTS").

Appears in 1 contract

Samples: Credit Agreement (Wabash National Corp /De)

Indemnification; Exoneration. (aA) In addition to amounts payable as elsewhere provided in this ARTICLE Article III, the Borrower hereby agrees to protect, indemnify, pay and save harmless the Administrative Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Administrative Agent, such Issuing Bank or such Lender may incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future DE JURE de jure or DE FACTO de facto Governmental Authority (all such acts or omissions herein called "GOVERNMENTAL ACTSGovernmental Acts").

Appears in 1 contract

Samples: Credit Agreement (Kansas City Power & Light Co)

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