Common use of BANKS' LIABILITIES FOR COSTS Clause in Contracts

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.

Appears in 1 contract

Samples: Credit Agreement (Transworld Healthcare Inc)

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BANKS' LIABILITIES FOR COSTS. If the Parent fails to perform any of its obligations under this Clause 27 (Costs and Expenses)27, each Bank shall, in its Proportion, indemnify each of the Agent, the Security Facility Agent and the Arranger Arrangers 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.

Appears in 1 contract

Samples: Participation Agreement (Getronics N V)

BANKS' LIABILITIES FOR COSTS. If the Parent fails to perform any of its obligations under this Clause 27 (Costs and Expenses)27, each Bank shall, in its Proportion, indemnify each of the Facility 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 ExpensesTRANSACTION EXPENSES)) as a result of such failure.

Appears in 1 contract

Samples: Agreement (Sanitec International Sa)

BANKS' LIABILITIES FOR COSTS. If the Parent fails to perform any of its obligations under this Clause 27 24 (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 24.1 (Transaction Expenses)) as a result of such failure.

Appears in 1 contract

Samples: Credit Agreement (Transworld Healthcare Inc)

BANKS' LIABILITIES FOR COSTS. If the Parent fails to perform any of its obligations under this Clause 27 (Costs and Expenses)26, each Bank shall, in its Proportion, indemnify each of the Agent, the Security Facility Agent and the Arranger Arrangers 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.

Appears in 1 contract

Samples: Agreement (Koninklijke Numico Nv)

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BANKS' LIABILITIES FOR COSTS. If the Parent fails to perform any of its obligations under this Clause 27 (Costs and Expenses)21, each Bank shall, in its Proportion, indemnify each of the Agent, the Security Administrative Agent and the Arranger Arrangers 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.

Appears in 1 contract

Samples: Gulfmark Offshore Inc

BANKS' LIABILITIES FOR COSTS. If the Parent fails to perform any of its obligations under this Clause 27 (Costs and Expenses)21, each Bank shall, in its Proportion, indemnify each of the Agent, the Security Facility Agent and the Arranger Arrangers 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.

Appears in 1 contract

Samples: Agreement (Koninklijke Numico Nv)

BANKS' LIABILITIES FOR COSTS. If the Parent fails to perform any of its obligations under this Clause 27 (Costs and Expenses)27, each Bank shall, in its Proportion, indemnify each of the Agent, the Security Agent Agents and the Arranger Lead Arrangers 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.

Appears in 1 contract

Samples: Agreement (Comple Tel LLC)

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