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

Indemnity in favour of the Agents. In the case of Securities issued by Mediobanca International, the Issuer, failing whom the Guarantor, and in the case of Securities issued by Mediobanca, the Issuer, shall indemnify each Agent against any claim, demand, action, liability, damages, cost, direct 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, default or bad faith, as a result or arising out of or in relation to its acting as the agent of the relevant Issuer and, where applicable, the Guarantor in relation to the Securities.

Indemnity in favour of the Agents. ‌ In the case of Securities issued by Mediobanca InternationalInternational or MBFL, the IssuerIssuers, failing whom the Guarantor, and in the case of Securities issued by Mediobanca, the IssuerIssuers, shall indemnify each Agent against any claim, demand, action, liability, damages, cost, direct loss or expense (including, without limitation, legal fees and any applicable irrecoverable value added tax) which it incurs, otherwise than by reason of its own gross negligence or wilful misconduct, default or bad faith, as a result or arising out of or in relation to its acting as the agent of the relevant Issuer and, where applicable, the Guarantor in relation to the Securities.

Indemnity in favour of the Agents. In the case of Securities Notes issued by Mediobanca International, International the Issuer, failing whom the Guarantor, and in the case of Securities Notes issued by Mediobanca, Mediobanca the Issuer, shall indemnify each Agent against any claim, demand, action, liability, damages, cost, direct 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, default or bad faith, as a result or arising out of or in relation to its acting as the agent of the relevant Issuer and, where applicable, the Guarantor in relation to the SecuritiesNotes .

Indemnity in favour of the Agents. In the case of Securities issued by Mediobanca InternationalInternational or MBFL, the IssuerIssuers, failing whom the Guarantor, and in the case of Securities issued by Mediobanca, the IssuerIssuers, shall indemnify each Agent against any claim, demand, action, liability, damages, cost, direct loss or expense (including, without limitation, legal fees and any applicable irrecoverable value added tax) which it incurs, otherwise than by reason of its own gross negligence or wilful misconduct, default or bad faith, as a result or arising out of or in relation to its acting as the agent of the relevant Issuer and, where applicable, the Guarantor in relation to the Securities.