Common use of Borrower’s Indemnity Clause in Contracts

Borrower’s Indemnity. The Borrower undertakes: (i) to indemnify each of the Agent, each Bank and the Security Trustee against any loss or expense, including legal fees on a full indemnity basis, which any of them may sustain or incur as a consequence of any default by the Borrower in the performance of any of the obligations expressed to be assumed by it in any of the Facility Documents to which it is a party; and (ii) to indemnify each Bank against any loss it may suffer as a result of its funding its share of the Advance requested by the Borrower hereunder but not made by reason of the operation of any one or more of the provisions hereof.

Borrower’s Indemnity. The Borrower undertakesBorrowers jointly and severally undertake: (i) to indemnify each of the Agent, each Bank and the Security Trustee against any loss or expense, including legal fees on a full indemnity basis, which any of them may sustain or incur as a consequence of any default by the either Borrower in the performance of any of the obligations expressed to be assumed by it in any of the Facility Documents to which it is a party; and (ii) to indemnify each Bank against any loss it may suffer as a result of its funding its share of the an Advance requested by the either Borrower hereunder but not made by reason of the operation of any one or more of the provisions hereof.

Borrower’s Indemnity. The Borrower undertakes: (i) to indemnify each of the Agent, each Bank and the Security Trustee against any loss or expense, including legal fees on a full indemnity basis, which any of them may sustain or incur as a consequence of any default by the Borrower in the performance of any of the obligations expressed to be assumed by it in any of the Facility Financing Documents to which it is a party; and (ii) to indemnify each Bank against any loss it may suffer as a result of its funding its share of the Advance requested by the Borrower hereunder but not made by reason of the operation of any one or more of the provisions hereof.