Common use of Borrower’s Indemnity to Lenders Clause in Contracts

Borrower’s Indemnity to Lenders. The relevant Borrower shall irrevocably and unconditionally as a primary obligation indemnify (within three Business Days of demand of the Agent) each Lender against: (a) any sum paid or due and payable by that Lender (whether under Clause 32.1 (Lenders' Indemnity) or otherwise) in connection with that Letter of Credit; and (b) all liabilities, costs (including, without limitation, any costs incurred in funding any amount which falls due from that Lender in connection with that Letter of Credit), claims, losses and expenses which that Lender may at any time incur or sustain in connection with any Letter of Credit.

Borrower’s Indemnity to Lenders. The relevant Borrower shall irrevocably and unconditionally as a primary obligation indemnify (within three Business Days of demand of the Agent) each Lender against: (ai) any sum paid or due and payable by that Lender (whether under Clause 32.1 ‎32.1 (Lenders' Indemnity) or otherwise) in connection with that Letter of Credit; and (bii) all liabilities, costs (including, without limitation, any costs incurred in funding any amount which falls due from that Lender in connection with that Letter of Credit), claims, losses and expenses which that Lender may at any time incur or sustain in connection with any Letter of Credit.

Borrower’s Indemnity to Lenders. The relevant Borrower shall irrevocably and unconditionally as a primary obligation indemnify (within three Business Days of demand of the Agent) each Lender against: (ai) any sum paid or due and payable by that Lender (whether under Clause 32.1 40.1 (Lenders' Indemnity) or otherwise) in connection with that Letter of Credit; and (bii) all liabilities, costs (including, without limitation, any costs incurred in funding any amount which falls due from that Lender in connection with that Letter of Credit), claims, losses and expenses which that Lender may at any time incur or sustain in connection with any Letter of Credit.

Borrower’s Indemnity to Lenders. The relevant Borrower shall irrevocably and unconditionally as a primary obligation indemnify (within three Business Days of demand of the Agent) each Lender against: (a) any sum paid or due and payable by that Lender Xxxxxx (whether under Clause 32.1 (Lenders' Indemnity) or otherwise) in connection with that Letter of Credit; and (b) all liabilities, costs (including, without limitation, any costs incurred in funding any amount which falls due from that Lender in connection with that Letter of Credit), claims, losses and expenses which that Lender may at any time incur or sustain in connection with any Letter of Credit.