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, to the extent resulting from or attributable to that Finance Party’s entry into and/or performance of its obligations under this Agreement, unless it is caused by the gross negligence or wilful misconduct of that Finance Party.
Appears in 3 contracts
Samples: Facilities Agreement (Mittal Steel Co N.V.), Facilities 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 incurred in connection with any litigation, arbitration or administrative proceedings or regulatory enquiry concerning the Acquisition, to the extent resulting from or attributable to that Finance Party’s entry into and/or performance of its obligations under this Agreement), unless it such loss or liability is caused by the gross negligence or negligence, wilful misconduct or breach of contract of that Finance Party.
Appears in 3 contracts
Samples: Senior Credit Facility (Smurfit Kappa Funding PLC), Senior Credit Facility Agreement (JSG Funding PLC), Senior Credit Facility (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 or the funding of the Acquisition (including any incurred in connection with any litigation, arbitration or administrative proceedings or regulatory enquiry concerning the Acquisition, to the extent resulting from or attributable to that Finance Party’s entry into and/or performance of its obligations under this Agreement), unless it that loss or liability is caused by the gross negligence or wilful misconduct of that Finance Party.
Appears in 1 contract
Samples: Credit Agreement (Merix Corp)