Common use of Costs and Expenses Indemnification Other Charges Clause in Contracts

Costs and Expenses Indemnification Other Charges. (A) The Company shall pay, indemnify, and hold the Trustee, each Holder and each of their respective Affiliates, officers, directors, employees, counsel, agents and attorneys-in-fact harmless from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, charges, expenses or disbursements, of any kind or nature whatsoever in accordance with the terms and conditions of the Indenture except to the extent arising from the Trustee's or such Holder's gross negligence, bad faith, wilful misconduct or fraud.

Appears in 2 contracts

Samples: Company Security Agreement (Mercury Finance Co), Company Security Agreement (MFN Financial Corp)

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Costs and Expenses Indemnification Other Charges. (A) The Company Guarantors shall pay, indemnify, and hold the Trustee, each Holder and each of their respective Affiliates, officers, directors, employees, counsel, agents and attorneys-in-fact harmless from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, charges, expenses or disbursements, of any kind or nature whatsoever in accordance with the terms and conditions of the Indenture except to the extent arising from the Trustee's or such Holder's gross negligence, bad faith, wilful misconduct or fraud.

Appears in 2 contracts

Samples: Company Security Agreement (Mercury Finance Co), Subsidiaries Security Agreement (MFN Financial Corp)

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