BANKS' LIABILITIES FOR COSTS Sample Clauses
BANKS' LIABILITIES FOR COSTS. If the Borrower fails to perform any of its obligations under this Clause 23, each Bank shall, in the proportion borne by its share of the Loan to the amount of the Loan for the time being indemnify the Agent against any loss incurred by it as a result of such failure and the Borrower shall forthwith reimburse each Bank for any payment made by it pursuant to this Clause 23.4.
BANKS' LIABILITIES FOR COSTS. If the Parent fails to perform any of its obligations under this Clause 27 (Costs and Expenses), each Bank shall, in its Proportion, indemnify each of the Agent, the Security Agent and the Arranger against any loss incurred by any of them (or their affiliates, in the case of costs and expenses referred to in Clause 27.1 (Transaction Expenses)) as a result of such failure.
BANKS' LIABILITIES FOR COSTS. If the Original Borrower fails to perform any of its obligations under this Clause 26, each Bank shall, in its Proportion, indemnify each of the Agent and the Mandated Lead Arrangers against any loss incurred by any of them as a result of such failure.
BANKS' LIABILITIES FOR COSTS. If the Principal Company fails to perform any of its obligations under this Clause 33, each Bank shall, in its Proportion, indemnify each of the Agents and the Arrangers against any loss incurred by either of them as a result of such failure and the Principal Company shall forthwith reimburse each Bank for any payment made by it pursuant to this Clause 33.5.
BANKS' LIABILITIES FOR COSTS. If the Account Party fails to perform any of its obligations under this Clause 18, each Bank shall, in its Proportion, indemnify each of the Agent and the Arranger against any loss incurred by any of them as a result of such failure.
BANKS' LIABILITIES FOR COSTS. If the Guarantor fails to perform any of its obligations under this Clause 21 each Bank shall, in its Proportion, indemnify each of the Agent and the Lead Arrangers against any loss incurred by any of them as a result of such failure.
BANKS' LIABILITIES FOR COSTS. If the Borrower fails to perform any of its obligations under this Clause 22 (Costs and Expenses), each Bank shall, in its Proportion, indemnify each of the Agent and the Arrangers against any loss incurred by any of them as a result of such failure and the Borrower shall forthwith reimburse each Bank for any payment made by it pursuant to this Clause 22.4. Part 10 AGENCY PROVISIONS
BANKS' LIABILITIES FOR COSTS. If USPE fails to perform any of its obligations under this Clause 24, each Bank shall, in its Proportion, indemnify each of the Agent and the Arranger against any loss incurred by any of them (or their affiliates, in the case of costs and expenses referred to in Clause 24.1 (TRANSACTION EXPENSES)) as a result of such failure.
BANKS' LIABILITIES FOR COSTS. If the Company fails to perform any of its obligations under this Article V, each Bank shall, in the proportion borne by its Commitment to the aggregate of all Commitments indemnify the Agent against any loss incurred by the Agent as a result of such failure and the Company shall forthwith reimburse each Bank for any payment made by it pursuant to this Section 5.03.
BANKS' LIABILITIES FOR COSTS. If the Borrower fail to perform any of its obligations under this Clause 22 (Costs and expenses), each Bank will indemnify the Agent and the Security Trustee, in the proportion to which its Commitment at that time bears to Total Commitments at that time (or if Total Commitments have been cancelled in full, the proportion will be determined by reference to its Commitment and Total Commitments immediately prior to such cancellation), against any loss incurred by the Agent and the Security Trustee as a result of such failure and the Borrower will promptly reimburse each Bank for any payment made by it pursuant to this Clause 22.4 (Bank’s liability for costs).