Common use of Indemnity in favour of the Agents Clause in Contracts

Indemnity in favour of the Agents. The Issuer shall indemnify each Agent against any claim, demand, action, liability, damages, cost, loss or expense (including, without limitation, legal fees and any applicable value added tax) which it incurs, other than such costs and expenses as are separately agreed to be reimbursed out of the fees payable under Clause 12.1 (Fees) and otherwise than by reason of its own gross negligence or wilful default, default or fraud or that of its directors, officers or employees or any of them, as a result or arising out of or in relation to its acting as the agent of the Issuer in relation to the Covered Bonds. This indemnity shall survive the termination and expiry of this Agreement.

Indemnity in favour of the Agents. (a) The Issuer shall indemnify each Agent against any claim, demand, action, liability, damages, cost, loss or expense (including, without limitation, legal fees and any applicable value added taxfees) which it incurs, other than such costs and expenses as are separately agreed to be reimbursed out of the fees payable under Clause 12.1 clause 13.1 (Fees) and otherwise than by reason of its such Agent’s own gross negligence or wilful defaultmisconduct, wilful default or fraud bad faith or that of its directorsofficers, officers directors or employees or any the breach by it of themthe terms of this Agreement, as a result or arising out of or in relation to its acting as the agent of the Issuer in relation to the Covered Bonds. This indemnity shall survive the termination and expiry of this AgreementNotes.

Indemnity in favour of the Agents. The Issuer shall indemnify each Agent against any claim, demand, action, liability, damages, cost, loss or expense (including, without limitation, legal fees and any applicable value added tax) which it incurs, other than such costs and expenses as are separately agreed to be reimbursed out of the fees payable under Clause 12.1 11.1 (Fees) and otherwise than by reason of its own gross negligence or wilful default, default or fraud bad faith or that of its directors, officers or employees or any the material breach by it of themthe terms of this Agreement, as a result or arising out of or in relation to its acting as the agent of the Issuer in relation to the Covered BondsNotes. This indemnity Indemnity shall survive the termination and expiry of this AgreementAgreement and the resignation or removal of the Agent.

Indemnity in favour of the Agents. The Issuer shall indemnify each Agent against any claim, demand, action, liability, damages, cost, loss or expense (including, without limitation, legal fees and any applicable value added tax) which it properly incurs, other than such costs and expenses as are separately agreed to be reimbursed out of the fees payable under Clause 12.1 (Fees) and otherwise than by reason of its own wilful default, gross negligence or fraud, or the wilful default, default gross negligence or fraud or that of its directorsofficers, officers or employees or any of themagents, as a result or arising out of or in relation to its acting as the agent of the Issuer in relation to the Covered BondsNotes. This The indemnity in this Clause 13.3 shall survive the termination and or expiry of this Agreement.

Indemnity in favour of the Agents. The Issuer shall indemnify each Agent against any claim, demand, action, liability, damages, cost, loss or expense (including, without limitation, legal fees and any applicable value added tax) which it incurs, other than such costs and expenses as are separately agreed to be reimbursed out of the fees payable under Clause 12.1 (Fees) and otherwise than by reason of its own gross negligence or wilful default, default or fraud or that of its directors, officers or employees or any of them, as a result or arising out of or in relation to its acting as the agent of the Issuer in relation to the Covered BondsNotes. This indemnity shall survive the termination and expiry of this Agreement.