Common use of Administrator Indemnification Clause in Contracts

Administrator Indemnification. The Company shall indemnify and save harmless the Administrator and its directors, officers, employees, subcontractors and Affiliates (the “Administrator Indemnified Persons”) from and against any and all Losses incurred or suffered by the Administrator Indemnified Persons by reason of or arising from or in connection with their performance of this Agreement or any third-party Legal Action brought or threatened against such Administrator Indemnified Persons in connection with their performance of this Agreement, other than for any Losses to the extent related to or that resulted from: (a) any liabilities or obligations that the Administrator has agreed to pay or for which the Administrator is otherwise expressly responsible under this Agreement; (b) Administrator Misconduct; or (c) any breach of this Agreement by the Administrator or any of its Affiliates (other than the Company or its Affiliates).

Appears in 3 contracts

Samples: Administrative Services Agreement, Administrative Services Agreement (Scorpio Bulkers Inc.), Administrative Services Agreement (Scorpio Tankers Inc.)

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Administrator Indemnification. The Company shall indemnify and save harmless the Administrator and its directors, officers, employees, subcontractors and Affiliates (the "Administrator Indemnified Persons") from and against any and all Losses incurred or suffered by the Administrator Indemnified Persons by reason of or arising from or in connection with their performance of this Agreement or any third-party Legal Action brought or threatened against such Administrator Indemnified Persons in connection with their performance of this Agreement, other than for any Losses to the extent related to or that resulted from: (a) any liabilities or obligations that the Administrator has agreed to pay or for which the Administrator is otherwise expressly responsible under this Agreement; (b) Administrator Misconduct; or (c) any breach of this Agreement by the Administrator or any of its Affiliates (other than the Company or its Affiliates).

Appears in 1 contract

Samples: Administrative Services Agreement (Scorpio Tankers Inc.)

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