Common use of Wilful Default Clause in Contracts

Wilful Default. (a) The Non-Owner Participants indemnify and must keep indemnified the Owner Participant and the directors, officers, employees and agents of the Owner Participant against losses, damages or claims suffered by the Owner Participant and the directors, officers, employees and agents of the Owner Participant as a consequence of or arising from any Wilful Default by a Non-Owner Participant. (b) The Owner Participant indemnifies and must keep indemnified the Non-Owner Participants and the directors, officers, employees and agents of the Non-Owner Participants against losses, damages or claims suffered by the Non-Owner Participants and the directors, officers, employees and agents of the Non-Owner Participants as a consequence of or arising from any Wilful Default by the Owner Participant.

Wilful Default. (a) The Non-Owner Participants indemnify Participant indemnifies and must keep indemnified the Owner Participant and the directors, officers, employees and agents of the Owner Participant against losses, damages or claims suffered by the Owner Participant and the directors, officers, employees and agents of the Owner Participant as a consequence of or arising from any Wilful Default by a Non-Owner Participant. (b) The Owner Participant indemnifies and must keep indemnified the Non-Owner Participants Participant and the directors, officers, employees and agents of the Non-Owner Participants Participant against losses, damages or claims suffered by the Non-Owner Participants Participant and the directors, officers, employees and agents of the Non-Owner Participants Participant as a consequence of or arising from any Wilful Default by the Owner Participant.