Common use of Lenders’ Indemnity Clause in Contracts

Lenders’ Indemnity. Each Lender shall (in its relevant Proportion (as determined at all times for these purposes in accordance with paragraph (c) of the definition of “Proportion”) indemnify the Agents from time to time on demand by the Agents against any cost, loss or liability incurred by such Agent (otherwise than by reason of its negligence or wilful misconduct) in acting as an Agent under the Finance Documents (unless it has been reimbursed therefor by an Obligor pursuant to the terms of the Finance Documents).

Appears in 6 contracts

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

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Lenders’ Indemnity. Each Lender shall (in its relevant Proportion (as determined at all times for these purposes in accordance with paragraph (c) of the definition of “Proportion”) ), indemnify the Agents Agent from time to time on demand by the Agents Agent against any cost, loss or liability incurred by such the Agent (otherwise than by reason of its gross negligence or wilful misconduct) in acting as an Agent under the Finance Documents (unless it has been reimbursed therefor by an Obligor pursuant to the terms of the Finance Documents).

Appears in 5 contracts

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

Lenders’ Indemnity. Each Lender shall (in its relevant Proportion (as determined at all times for these purposes in accordance with paragraph (c) of the definition of Proportion) indemnify the Agents from time to time on demand by the Agents against any cost, loss or liability incurred by such Agent (otherwise than by reason of its negligence or wilful misconduct) in acting as an Agent under the Finance Documents (unless it has been reimbursed therefor by an Obligor pursuant to the terms of the Finance Documents).

Appears in 1 contract

Samples: Senior Facilities Agreement (Virgin Media Inc.)

Lenders’ Indemnity. Each Lender shall (in its relevant Proportion (as determined at all times for these purposes in accordance with paragraph (c) of the definition of “Proportion”) indemnify the Agents each Agent from time to time on demand by the Agents relevant Agent against any cost, loss or liability incurred by such the relevant Agent (otherwise than by reason of its gross negligence or wilful misconduct) in acting as an Agent under the Finance Documents (unless it has been reimbursed therefor by an Obligor pursuant to the terms of the Finance Documents).

Appears in 1 contract

Samples: Agreement (Telewest Global Inc)

Lenders’ Indemnity. Each Lender shall (in its relevant Proportion (as determined at all times for these purposes in accordance with paragraph (c) of the definition of “Proportion”)) indemnify the Agents Administrative Agent from time to time on demand by the Agents Administrative Agent against any cost, loss or liability incurred by such the Administrative Agent (otherwise than by reason of its gross negligence or wilful misconduct) in acting as an Administrative Agent under the Finance Documents (unless it has been reimbursed therefor by an Obligor pursuant to the terms of the Finance Documents).

Appears in 1 contract

Samples: Credit Facility Agreement (Teekay Shipping Corp)

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Lenders’ Indemnity. Each Lender shall (in its relevant Proportion (as determined at all times for these purposes in accordance with paragraph (c) of the definition of “Proportion”) indemnify the Agents from time to time on demand by any of the Agents against any cost, loss or liability incurred by such Agent (otherwise than by reason of its gross negligence or wilful misconduct) in acting as an Agent under the Finance Documents (unless it has been reimbursed therefor by an Obligor pursuant to the terms of the Finance Documents).

Appears in 1 contract

Samples: Agreement (NTL Inc)

Lenders’ Indemnity. Each Lender shall (in its relevant Proportion (as determined at all times for these purposes in accordance with paragraph (c) of the definition of “Proportion”) indemnify the Agents Administrative Agent from time to time on demand by the Agents Administrative Agent against any cost, loss or liability incurred by such the Administrative Agent (otherwise than by reason of its gross negligence or wilful misconduct) in acting as an Administrative Agent under the Finance Documents (unless it has been reimbursed therefor by an Obligor pursuant to the terms of the Finance Documents).

Appears in 1 contract

Samples: Agreement (Ship Finance International LTD)

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