Common use of Indemnities by the Investment Manager Clause in Contracts

Indemnities by the Investment Manager. (a) Without limiting any other rights that any such Person may have hereunder or under Applicable Law, the Investment Manager hereby agrees to indemnify the Lenders, forthwith on demand, from and against any and all Indemnified Amounts (except to the extent resulting from gross negligence or willful misconduct on the part of such Indemnified Party) awarded against or incurred by any such Indemnified Party by reason of the Investment Manager’s gross negligence or willful misconduct in the performance or failure to perform any of its obligations under this Agreement (as finally determined by a court of competent jurisdiction). The provisions of this indemnity shall run directly to and be enforceable by an injured party subject to the limitations hereof.

Indemnities by the Investment Manager. (a) Without limiting any other rights that any such Person may have hereunder or under Applicable Law, the Investment Manager hereby agrees to indemnify the Lenders, forthwith on demand, from and against any and all Indemnified Amounts (except to the extent resulting from gross negligence or willful misconduct on the part of such Indemnified Party) awarded against or incurred by any such Indemnified Party by reason of the Investment Manager’s gross negligence or willful misconduct in the performance or failure to perform any of its obligations under this Agreement (as finally determined by a court of competent jurisdiction). The provisions of this indemnity shall run directly to and be enforceable by an injured party subject to the limitations hereof.. [Investcorp] Loan and Security Agreement