Acquisition indemnity. The Company agrees to indemnify each Finance Party against any loss or liability incurred by that Finance Party in connection with or arising out of the Acquisition or the funding of the Acquisition (including but not limited to all costs reasonably incurred in connection with any litigation, arbitration or administrative proceedings or regulatory enquiry concerning the Acquisition), unless such loss or liability is caused by the gross negligence, wilful misconduct or breach of contract of that Finance Party.
Appears in 3 contracts
Samples: Amendment and Restatement Agreement (Smurfit Kappa Funding PLC), Agreement (JSG Funding PLC), Agreement (Smurfit Kappa Acquisitions)
Acquisition indemnity. The Company agrees to indemnify each Finance Party against any loss or liability incurred by that Finance Party in connection with or arising out of the Acquisition Acquisition, to the extent resulting from or the funding attributable to that Finance Party’s entry into and/or performance of the Acquisition (including but not limited to all costs reasonably incurred in connection with any litigation, arbitration or administrative proceedings or regulatory enquiry concerning the Acquisition)its obligations under this Agreement, unless such loss or liability it is caused by the gross negligence, negligence or wilful misconduct or breach of contract of that Finance Party.
Appears in 3 contracts
Samples: Restatement Agreement (Mittal Steel Co N.V.), Restatement Agreement (Mittal Steel Co N.V.), Bridge Facility Agreement (Mittal Steel Co N.V.)
Acquisition indemnity. The Company agrees to indemnify each Finance Party against any loss or liability incurred by that Finance Party in connection with or arising out of the Acquisition or the funding of the Acquisition (including but not limited to all costs reasonably any incurred in connection with any litigation, arbitration or administrative proceedings or regulatory enquiry concerning the Acquisition), unless such that loss or liability is caused by the gross negligence, negligence or wilful misconduct or breach of contract of that Finance Party.
Appears in 1 contract
Samples: Credit Agreement (Merix Corp)