Common use of Specific Indemnification Clause in Contracts

Specific Indemnification. Without limiting the foregoing Section 7.3, each Loan Party acknowledges and agrees that the Administrative Agent and each Consenting Lender is fully indemnified pursuant to Section 8.7 of the Credit Agreement in respect of the Administrative Agent’s and each Consenting Lender’s negotiation, execution, compliance with and implementation of this Agreement, including as against any claims that any third party (including any Lender not a Consenting Lender) might or could assert in respect of such negotiation, execution, compliance and implementation, and to the extent such Section 8.7 as currently drafted is not entirely clear as to such indemnification, such Section 8.7 shall automatically be deemed to be amended by this Agreement to ensure that such Section 8.7 encompasses the indemnification obligations described in this Section 7.4.

Specific Indemnification. Without limiting the foregoing Section 7.3, each Loan Party acknowledges and agrees that the Administrative Agent and each Consenting Lender Party is fully indemnified pursuant to Section 8.7 of the Credit Agreement in respect of the Administrative Agent’s and each Consenting LenderLender Party’s negotiation, execution, compliance with and implementation of this Agreement, including as against any claims that any third party (including any Lender not a Consenting LenderLender Party) might or could assert in respect of such negotiation, execution, compliance and implementation, and to the extent such Section 8.7 as currently drafted is not entirely clear as to such indemnification, such Section 8.7 shall automatically be deemed to be amended by this Agreement to ensure that such Section 8.7 encompasses the indemnification obligations described in this Section 7.4.