Common use of Lenders’ Indemnification Clause in Contracts

Lenders’ Indemnification. Each Lender shall, ratably in accordance with its Pro Rata Share, indemnify each LC Issuer, its Affiliates and their respective directors, officers, agents and employees (to the extent not reimbursed by the Borrower) against any cost, expense (including reasonable counsel fees and disbursements), claim, demand, action, loss or liability (except such as result from such indemnitees’ gross negligence or willful misconduct as determined in a final, non-appealable judgment by a court of competent jurisdiction or such LC Issuer’s failure to pay under any Facility LC after the presentation to it of a request strictly complying with the terms and conditions of the Facility LC) that such indemnitees may suffer or incur in connection with this Section 2.16 or any action taken or omitted by such indemnitees hereunder.

Lenders’ Indemnification. Each Lender shall, ratably in accordance with its Pro Rata Share, indemnify each the LC Issuer, its Affiliates affiliates and their respective directors, officers, agents and employees (to the extent not reimbursed by the BorrowerBorrowers) against any cost, expense (including reasonable counsel fees and disbursements), claim, demand, action, loss or liability (except such as result from such indemnitees’ gross negligence or willful misconduct as determined in a final, final non-appealable judgment by a court of competent jurisdiction or such the LC Issuer’s failure to pay under any Facility LC after the presentation to it of a request strictly complying with the terms and conditions of the Facility LC) that such indemnitees may suffer or incur in connection with this Section 2.16 2.19 or any action taken or omitted by such indemnitees hereunder.

Lenders’ Indemnification. Each Lender shall, ratably in accordance with its Pro Rata Share, indemnify each the LC Issuer, its Affiliates and their respective directors, officers, agents and employees (to the extent not reimbursed by the Borrower) against any cost, expense (including reasonable counsel fees and disbursements), claim, demand, action, loss or liability (except such as result from such indemnitees’ gross negligence or willful misconduct as determined in a final, non-appealable final judgment by a court of competent jurisdiction from the party seeking indemnification’s gross negligence or such LC Issuerwillful misconduct or the party seeking indemnification’s failure to pay under any Facility LC after the presentation to it of a request strictly complying with the terms and conditions of the Facility LC) that such indemnitees may suffer or incur in connection with this Section 2.16 2.20 or any action taken or omitted by such indemnitees hereunder.

Lenders’ Indemnification. Each Revolving Lender shall, ratably in accordance with its Pro Rata ShareShare (determined as of the date the indemnity payment is sought), indemnify each the LC Issuer, its Affiliates affiliates and their respective directors, officers, agents and employees (to the extent not reimbursed by the Borrower) against any cost, expense (including reasonable counsel fees and disbursements), claim, demand, action, loss or liability (except such as result from such indemnitees’ gross negligence or willful misconduct as determined in a final, non-appealable judgment by a court of competent jurisdiction or such the LC Issuer’s failure to pay under any Facility LC after the presentation to it of a request strictly complying with the terms and conditions of the Facility LC) that such indemnitees may suffer or incur in connection with this Section 2.16 2.20 or any action taken or omitted by such indemnitees hereunder.