Common use of Indemnity out of Security Property Clause in Contracts

Indemnity out of Security Property. The Security Agent and every receiver, delegate, attorney, agent or other similar person appointed under any Security Document may indemnify itself out of the Security Property against any cost, loss or liability incurred by it in that capacity (otherwise than by reason of its own gross negligence or wilful misconduct).

Appears in 19 contracts

Samples: Facilities Agreement (Marine Harvest ASA), Facilities Agreement (Marine Harvest ASA), Facilities Agreement (Marine Harvest ASA)

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Indemnity out of Security Property. The Security Agent and every receiver, delegate, attorney, agent or other similar person appointed under any Security Document may indemnify itself out of the Security Property against any cost, loss or liability incurred by it in that capacity (otherwise than by reason of its own gross negligence or wilful misconduct).

Appears in 4 contracts

Samples: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)

Indemnity out of Security Property. The Security Agent and every receiver, delegate, attorney, agent or other similar person appointed under any Security Document may indemnify itself out of the Security Property against any cost, loss or liability incurred by it in that capacity (otherwise than by reason of its own gross negligence or wilful misconduct).

Appears in 4 contracts

Samples: Facility Agreement (PT Indosat TBK), Facility Agreement (PT Indosat TBK), Facility Agreement (PT Indosat TBK)

Indemnity out of Security Property. The Security Agent Trustee and every receiver, delegate, attorney, agent or other similar person appointed under any Security Document may indemnify itself out of the Security Property against any cost, loss or liability incurred by it in that capacity (otherwise than by reason of its own gross negligence or wilful misconduct).

Appears in 2 contracts

Samples: Facility Agreement (WNS (Holdings) LTD), Vantage Drilling CO

Indemnity out of Security Property. The Security Agent and every receiver, delegate, attorney, agent or other similar person appointed under any Transaction Security Document may indemnify itself out of the Security Property against any cost, loss or liability incurred by it in that capacity (otherwise than by reason of its own gross negligence or wilful misconduct).

Appears in 1 contract

Samples: Facilities Agreement (ShangPharma Corp)

Indemnity out of Security Property. The Security Agent and every receiver, delegate, attorney, agent or other similar person appointed under any the Security Document Trust Agreement may indemnify itself out of the Security Property against any cost, loss or liability incurred by it in that capacity (otherwise than by reason of its own gross negligence or wilful misconduct).

Appears in 1 contract

Samples: Assignment Agreement (Synnex Corp)

Indemnity out of Security Property. The Security Agent and every receiver, delegate, attorney, agent or other similar person appointed under any Security Document may indemnify itself out of the Security Property against any cost, loss or liability incurred by it in that capacity (otherwise than by reason of its own gross negligence negligence, willful misconduct or wilful misconductfraud).

Appears in 1 contract

Samples: Intercreditor Agreement (Lyondell Chemical Co)

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Indemnity out of Security Property. The Security Agent and every receiver, delegate, attorney, agent or other similar person appointed under any Security Document may indemnify itself out of the Security Property against any cost, loss or liability incurred by it in that capacity (otherwise than by reason of its own gross negligence or wilful misconduct).. 100

Appears in 1 contract

Samples: Agreement (Allied Healthcare International Inc)

Indemnity out of Security Property. The Security Agent and every receiver, delegate, attorney, agent or other similar person appointed under any Security Document may indemnify itself out of the Security Property against any cost, loss or liability incurred by it in that capacity (otherwise than by reason of its own gross negligence or wilful misconduct).. A07131148/0.28/12 Dec 2006

Appears in 1 contract

Samples: Facility Agreement (Allied Healthcare International Inc)

Indemnity out of Security Property. The Security Agent and every receiver, delegate, attorney, agent or other similar person appointed under any Security Document may indemnify itself out of the Security Property against any cost, loss or liability incurred by it in that capacity (otherwise than by reason of its own gross negligence negligence, fraud or wilful misconduct).

Appears in 1 contract

Samples: Facility Agreement (Danaos Corp)

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