Common use of Lenders’ Indemnity Clause in Contracts

Lenders’ Indemnity. If any Obligor fails to perform any of its obligations under this Clause 38, each Lender shall indemnify and hold harmless each of the Agents, the Arrangers and/or the Security Trustee from and against its Proportion (as determined at all times for these purposes in accordance with paragraph (c) of the definition of “Proportion”) of any loss incurred by any of them as a result of such failure and the relevant Obligor shall forthwith reimburse each Lender for any payment made by it pursuant to this Clause.

Appears in 6 contracts

Samples: Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.), Lease Agreement (Virgin Media Inc.)

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Lenders’ Indemnity. If any Obligor fails to perform any of its obligations under this Clause 3840, each Lender shall indemnify and hold harmless each of the AgentsAgent, the Arrangers and/or the Security Trustee from and against its Proportion (as determined at all times for these purposes in accordance with paragraph (c) of the definition of “Proportion”) of any loss incurred by any of them as a result of such failure and the relevant Obligor shall forthwith reimburse each Lender for any payment made by it pursuant to this Clause.

Appears in 5 contracts

Samples: Senior Facilities Agreement (Corporate Express N.V.), Agreement (Buhrmann Nv), Senior Facilities Agreement (Buhrmann Nv)

Lenders’ Indemnity. If any Obligor fails to perform any of its obligations under this Clause 3839, each Lender shall indemnify and hold harmless each of the AgentsFacility Agent, the Arrangers and/or the Security Trustee from and against its Proportion (as determined at all times for these purposes in accordance with paragraph (c) of the definition of “Proportion”) of any loss incurred by any of them as a result of such failure and the relevant Obligor shall forthwith reimburse each Lender for any payment made by it pursuant to this ClauseClause 39.5.

Appears in 4 contracts

Samples: Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.)

Lenders’ Indemnity. If any Obligor fails to perform any of its obligations under this Clause 3823, each Lender shall (in its Proportion) indemnify and hold harmless each of the Agents, Agent and the Arrangers and/or the Security Trustee from and Mandated Lead Arranger against its Proportion (as determined at all times for these purposes in accordance with paragraph (c) of the definition of “Proportion”) of any loss incurred by any of them as a result of such failure failure, and the relevant Obligor shall forthwith reimburse each Lender for any payment made by it pursuant to under this ClauseClause 23.5.

Appears in 1 contract

Samples: Credit Facilities Agreement (Qiagen Nv)

Lenders’ Indemnity. If any Obligor fails to perform any of its obligations under this Clause 3837, each Lender shall indemnify and hold harmless each of the AgentsFacility Agent, the Mandated Lead Arrangers and/or the Security Trustee from and against its Proportion (as determined at all times for these purposes in accordance 152 with paragraph (c) of the definition of “Proportion”) of any loss incurred by any of them as a result of such failure and the relevant Obligor shall forthwith reimburse each Lender for any payment made by it pursuant to this ClauseClause 37.

Appears in 1 contract

Samples: Agreement (Telewest Global Inc)

Lenders’ Indemnity. If any Obligor fails to perform any of its obligations under this Clause 3832 (Costs and Expenses), each Lender shall indemnify and hold harmless each of the AgentsAdministrative Agent, the Lead Arrangers and/or the Security Trustee from and against its Proportion (as determined at all times for these purposes in accordance with paragraph (c) of the definition of “Proportion”) of any loss incurred by any of them as a result of such failure and the relevant Obligor shall forthwith reimburse each Lender for any payment made by it pursuant to this ClauseClause 32.5.

Appears in 1 contract

Samples: Credit Facility Agreement (Teekay Shipping Corp)

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Lenders’ Indemnity. If any Obligor fails to perform any of its obligations under this Clause 3832, each Lender shall indemnify and hold harmless each of the AgentsFacility Agent, the Mandated Lead Arrangers and/or the Security Trustee from and against its Proportion (as determined at all times for these purposes in accordance with paragraph (c) of the definition of “Proportion”) of any loss incurred by any of them as a result of such failure and the relevant Obligor shall forthwith reimburse each Lender for any payment made by it pursuant to this ClauseClause 32.

Appears in 1 contract

Samples: Agreement (Telewest Global Inc)

Lenders’ Indemnity. If any Obligor fails to perform any of its obligations under this Clause 38, each Lender shall indemnify and hold harmless each of the Agents, the Arrangers and/or the Security Trustee from and against its Proportion (as determined at all times for these purposes in accordance with paragraph (c) of the definition of Proportion) of any loss incurred by any of them as a result of such failure and the relevant Obligor shall forthwith reimburse each Lender for any payment made by it pursuant to this Clause.

Appears in 1 contract

Samples: Senior Facilities Agreement (Virgin Media Inc.)

Lenders’ Indemnity. If any Obligor fails to perform any of its obligations under this Clause 3839, each Lender shall indemnify and hold harmless each of the Agents, the Mandated Lead Arrangers and/or the Security Trustee from and against its Proportion (as determined at all times for these purposes in accordance with paragraph (c) of the definition of “Proportion”) of any loss incurred by any of them as a result of such failure and the relevant Obligor shall forthwith reimburse each Lender for any payment made by it pursuant to this Clause.

Appears in 1 contract

Samples: Agreement (NTL Inc)

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