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

Costs and Expenses Indemnification Other Charges. (A) The 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. (B) The Guarantors agree to indemnify the Trustee against and hold it harmless from any and all present and future stamp, transfer, or documentary taxes or any other excise or property taxes, charges or similar levies which arise from any payment made hereunder or from the execution, delivery, or registration of, or otherwise with respect to, this Agreement. (C) Any amounts payable to the Trustee and each Holder under this SECTION 11.4 or otherwise under this Agreement if not paid upon demand shall bear interest from the date of such demand until paid in full, at the rate of interest set forth in the Indenture for the Securities.

Appears in 1 contract

Samples: Company Security Agreement (Mercury Finance Co)

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Costs and Expenses Indemnification Other Charges. (A) The Guarantors 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. (B) The Guarantors agree Company agrees to indemnify the Trustee against and hold it harmless from any and all present and future stamp, transfer, or documentary taxes or any other excise or property taxes, charges or similar levies which arise from any payment made hereunder or from the execution, delivery, or registration of, or otherwise with respect to, this Agreement. (C) Any amounts payable to the Trustee and each Holder under this SECTION Section 11.4 or otherwise under this Agreement if not paid upon demand shall bear interest from the date of such demand until paid in full, at the rate of interest set forth in the Indenture for the Securities.

Appears in 1 contract

Samples: Company Security Agreement (MFN Financial Corp)

Costs and Expenses Indemnification Other Charges. (A) The Guarantors 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. (B) The Guarantors agree Company agrees to indemnify the Trustee against and hold it harmless from any and all present and future stamp, transfer, or documentary taxes or any other excise or property taxes, charges or similar levies which arise from any payment made hereunder or from the execution, delivery, or registration of, or otherwise with respect to, this Agreement. (C) Any amounts payable to the Trustee and each Holder under this SECTION 11.4 or otherwise under this Agreement if not paid upon demand shall bear interest from the date of such demand until paid in full, at the rate of interest set forth in the Indenture for the Securities.

Appears in 1 contract

Samples: Company Security Agreement (Mercury Finance Co)

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Costs and Expenses Indemnification Other Charges. (A) The 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. (B) The Guarantors agree to indemnify the Trustee against and hold it harmless from any and all present and future stamp, transfer, or documentary taxes or any other excise or property taxes, charges or similar levies which arise from any payment made hereunder or from the execution, delivery, or registration of, or otherwise with respect to, this Agreement. (C) Any amounts payable to the Trustee and each Holder under this SECTION Section 11.4 or otherwise under this Agreement if not paid upon demand shall bear interest from the date of such demand until paid in full, at the rate of interest set forth in the Indenture for the Securities.

Appears in 1 contract

Samples: Subsidiaries Security Agreement (MFN Financial Corp)

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