Common use of Indemnities and Expenses Clause in Contracts

Indemnities and Expenses. 11.01 The Obligors shall indemnify the Bank, without prejudice to any of the Bank's other rights hereunder, against any loss or expense which the Bank shall certify as sustained or incurred by it as a consequence of (i) any default in payment by the Obligors of any sum under this Agreement when due, (ii) any Event of Default, (iii) any prepayment of the Loan or part thereof being made under Clauses 4.02, 4.03, 12.01, 12.02 or 12.03 otherwise than on an Interest Payment Date or (iv) the Loan not being made for any reason (including failure to fulfill any of the conditions precedent set out in Schedule 2 but excluding any default by the Bank) after a Drawdown Notice has been given, including, in any such case, but not limited to, any loss or expenses sustained or incurred in maintaining or funding the Commitment or any part thereof or in liquidating or re-employing deposits from third parties acquired to effect or maintain the Loan or any part thereof.

Indemnities and Expenses. 11.01 The Obligors shall indemnify the Bank, without prejudice to any of the Bank's other rights hereunder, against any loss or expense which the Bank shall certify as sustained or incurred by it as a consequence of (i) any default in payment by the Obligors of any sum under this Agreement when due, (ii) any Event of Default, (iii) any prepayment of the Loan or part thereof being made under Clauses 4.02, 4.03, 12.01, 12.02 or 12.03 otherwise than on an Interest Payment Date or (iv) the Loan not being made for any reason (including failure to fulfill fulfil any of the conditions precedent set out in Schedule 2 but excluding any default by the Bank) after a Drawdown Notice has been given, including, in any such case, but not limited to, any loss or expenses sustained or incurred in maintaining or funding the Commitment or any part thereof or in liquidating or re-employing deposits from third parties acquired to effect or maintain the Loan or any part thereof.

Indemnities and Expenses. 11.01 The Obligors Borrower shall indemnify the Bank, without prejudice to any of the Bank's other rights hereunder, hereunder against any loss (including loss of Margin) or expense which the Bank shall certify as sustained or incurred by it as a consequence of (i) any default in payment by the Obligors Borrower of any sum under this Agreement when due, (ii) any Event of Default, (iii) any prepayment of the Loan or part thereof being made under Clauses 4.02, 4.03, 4.04, 12.01, 12.02 or 12.03 otherwise than on an Interest Payment Date or (iv) the Loan not being made for any reason (including failure to fulfill fulfil any of the conditions precedent set out in Schedule 2 but excluding any default by the Bank) after a Drawdown Notice has been given, including, in any such case, but not limited to, any loss or expenses sustained or incurred in maintaining or funding the Commitment or any part thereof or in liquidating or re-employing deposits from third parties acquired to effect or maintain the Loan or any part thereof.