Lenders’ indemnity to the Agents. The Lenders shall (in proportion to their Commitments or, if the Total Commitments are then zero, to their Commitments immediately prior to their reduction to zero) severally indemnify each Agent, within three Business Days of demand, against any cost, loss or liability incurred by such Agent (otherwise than by reason of such Agent’s negligence or wilful misconduct) in acting as Agent under the Finance Documents (unless such Agent has been reimbursed by an Obligor pursuant to a Finance Document).
Appears in 4 contracts
Samples: Syndicated Revolving Credit Agreement (Ibasis Inc), Credit Agreement (Koninklijke KPN N V), Agreement (Koninklijke KPN N V)
Lenders’ indemnity to the Agents. The Lenders shall (in proportion to their Commitments or, if the Total Commitments are then zero, to their Commitments immediately prior to their reduction to zero) severally indemnify each Agent, within three Business Days of demand, against any cost, loss or liability incurred by such Agent (otherwise than by reason of such Agent’s negligence or wilful misconduct) in acting as Agent under the Finance Financing Documents (unless such Agent has been reimbursed by an Obligor the Borrower pursuant to a Finance Financing Document).
Appears in 3 contracts
Samples: Credit Agreement (France Telecom /), Credit Agreement (France Telecom /), Credit Agreement (France Telecom /)
Lenders’ indemnity to the Agents. The Lenders Each Lender shall (in proportion to their its share of the Total Commitments or, if the Total Commitments are then zero, to their its share of the Total Commitments immediately prior to their reduction to zero) severally indemnify each Agent, within three Business Days of demand, against any cost, loss or liability incurred by such Agent (otherwise than by reason of such that Agent’s gross negligence or wilful misconduct) in acting as Agent under the Finance Documents (unless such that Agent has been reimbursed by an Obligor pursuant to a Finance Document).
Appears in 2 contracts
Samples: Agreement (BHP Billiton PLC), Facility and Subscription Agreement (BHP Billiton PLC)
Lenders’ indemnity to the Agents. The Lenders Each Lender shall (in proportion to their its share of the Total Commitments or, if the Total Commitments are then zero, to their its share of the Total Commitments immediately prior to their reduction to zero) severally indemnify each an Agent, within three (3) Business Days of demand, against any cost, loss or liability incurred by such that Agent (otherwise than by reason of such that Agent’s gross negligence or wilful misconduct) in acting as Agent or (as the case may be) Security Agent under the Finance Documents (unless such that Agent has been reimbursed by an Obligor pursuant to a Finance Document).
Appears in 1 contract
Samples: Facilities Agreement (3SBio Inc.)
Lenders’ indemnity to the Agents. The Lenders Each Lender shall (in proportion to their its share of the Total Commitments or, if the Total Commitments are then zero, to their its share of the Total Commitments immediately prior to their reduction to zero) severally indemnify each Agentof the Agents, within three Business Days of demand, against any cost, loss or liability incurred by such Agent either of the Agents (otherwise than by reason of such the relevant Agent’s gross negligence or wilful misconduct) in acting as Agent under the Finance Documents (unless such the relevant Agent has been reimbursed by an Obligor pursuant to a Finance Document).
Appears in 1 contract
Samples: Agreement (Geologistics Corp)
Lenders’ indemnity to the Agents. The Lenders Each Lender shall (in proportion to their its share of the Total Commitments or, if the Total Commitments are then zero, to their its share of the Total Commitments immediately prior to their reduction to zero) severally indemnify each Agent, within three Business Days of demand, against any cost, loss or liability incurred by such the Agent (otherwise than by reason of such the Agent’s gross negligence or wilful misconduct) in acting as Agent under the Finance Documents (unless such the Agent has been reimbursed by an Obligor pursuant to a Finance Document).
Appears in 1 contract
Samples: Facilities Agreement (Shire Ltd.)
Lenders’ indemnity to the Agents. The Lenders (a) Subject to paragraph (b) below, each Lender shall (in proportion to their its Available Commitments or, if as at the Total Commitments are then zero, to their Commitments immediately prior to their reduction to zerodate of this Agreement in its capacity as an Original Lender) severally indemnify each Agent, within three 3 (three) Business Days of demand, against any cost, loss or liability incurred by such that Agent (otherwise than by reason of such that Agent’s gross negligence or wilful misconduct) in acting as Agent under the Finance Documents (unless such that Agent has been reimbursed by an Obligor the Borrower pursuant to a Finance Document).
Appears in 1 contract
Samples: Agreement (Mobile Telesystems Ojsc)
Lenders’ indemnity to the Agents. The Lenders Each Lender shall (in proportion to their its Commitments or, if the Total Commitments are then zero, to their its Commitments immediately prior to their reduction to zero) severally indemnify each Agent, within three Business Days of demand, against any cost, loss or liability incurred by such Agent (otherwise than by reason of such Agent’s 's gross negligence or wilful misconduct) in acting as Agent under the Finance Financing Documents (unless such Agent has been reimbursed by an Obligor the Borrower pursuant to a Finance Financing Document).
Appears in 1 contract
Samples: Reh Mergersub Inc
Lenders’ indemnity to the Agents. The Lenders shall (in proportion to their Commitments or, if the Total Commitments are then zero, to their Commitments immediately prior to their reduction to zero) severally indemnify each Agent, within three Business Days of demand, against any cost, loss or liability incurred by such Agent (otherwise than by reason of such Agent’s negligence or wilful misconduct) in acting as Agent under the Finance Documents (unless such Agent has been reimbursed by an Obligor ABB or the Borrowers pursuant to a Finance Document).
Appears in 1 contract
Samples: Credit Agreement (Abb LTD)
Lenders’ indemnity to the Agents. The Lenders Each Lender shall (in proportion to their its share of the Total Commitments or, if the Total Commitments are then zero, to their its share of the Total Commitments immediately prior to their reduction to zero) severally indemnify each Agentthe Agents, within three Business Days of demand, against any cost, loss or liability incurred by such Agent the Agents (otherwise than by reason of such Agent’s the Agents’ gross negligence or wilful misconduct) in acting as Agent Agents under the Finance Documents (unless such Agent has the Agents have been reimbursed by an Obligor the Company pursuant to a Finance Document).
Appears in 1 contract
Samples: Facility Agreement (TRM Corp)
Lenders’ indemnity to the Agents. The Lenders Each Lender shall (in proportion to their its share of the Total Commitments or, if the Total Commitments are then zero, to their its share of the Total Commitments immediately prior to their reduction to zero) severally indemnify each Agent, within three Business Days of demand, against any cost, loss or liability incurred by such that Agent (otherwise than by reason of such that Agent’s gross negligence or wilful misconduct) in acting as Agent under the Finance Documents (unless such that Agent has been reimbursed by an Obligor pursuant to a Finance Document).
Appears in 1 contract
Samples: Facilities Agreement (Coca-Cola Hellenic Bottling Co Sa)