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

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 tax) which it incurs otherwise than by reason of its own gross negligence or wilful misconduct or wilful default, as a result of or arising out of or in relation to its acting as the agent of the Issuer in relation to the Notes or as a direct result of the breach by the Issuer of its undertaking under Clause 12.6.2.

Indemnity in favour of the Agents. (a) The Issuer (failing whom, the Guarantor) 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 incurs, otherwise than by reason of its own gross negligence negligence, wilful default or wilful misconduct fraud or wilful defaultthat of its officers, directors, employees or agents, as a result of or arising out of or in relation to its acting as the agent of the Issuer and the Guarantor in relation to the Notes or as a direct result of the breach by the Issuer of its undertaking under Clause 12.6.2Bonds.

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 tax) which it incurs otherwise than by reason of its own gross negligence or wilful misconduct or wilful default, as a result of or arising out of or in relation to its acting as the agent of the Issuer in relation to the Notes or as a direct result of the breach by the Issuer of its undertaking under Clause 12.6.2.Clause

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 incurs, otherwise than by reason of its the Agent’s own gross wilful default, fraud, negligence or wilful misconduct that of its directors, employers or wilful defaultofficers, or material breach of any agreement to which it is a party (each a Breach of Duty), as a result of or arising out of or in relation to its acting as the agent of the Issuer in relation to the Notes or as a direct result of the breach by the Issuer of its undertaking under Clause 12.6.2Notes.

Indemnity in favour of the Agents. (a) The relevant 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 incurs, other than such costs and expenses as are separately agreed to be reimbursed out of the fees payable under Clause 14.1 (Fees) and otherwise than by reason of its such Agent's own gross negligence or wilful misconduct misconduct, default or wilful defaultbad faith, as a result of or arising out of or in relation to its acting as the agent of the relevant Issuer in relation to the Notes or as a direct result of the breach by the Issuer of its undertaking under Clause 12.6.2Notes.

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 tax) which it incurs incurs, other than such costs and expenses as are separately agreed to be reimbursed out of the fees payable under Clause 11.1 (Fees) and otherwise than by reason of its own gross negligence negligence, wilful default or wilful misconduct or wilful defaultfraud, as a result of or arising out of or in relation to its acting as the agent of the Issuer in relation to the Notes or as a direct result of the breach by the Issuer of its undertaking under Clause 12.6.2Notes.