Common use of Costs, Expenses and Indemnity Clause in Contracts

Costs, Expenses and Indemnity. 21.1 The Company shall pay to the Collateral Agent in relation to this Deed such costs and expenses as are of the type which are reimbursable by the Borrowers pursuant to Section 11.03 (Expenses, Etc) of the Loan Agreement. 21.2 The Company shall indemnify each Receiver and Delegate and their respective officers, employees and agents to the extent that and in the manner in which the Borrowers indemnify the Indemnitees under Section 11.04 (Indemnity) of the Loan Agreement. Each Relevant Person may rely on this Clause 21.2 (Costs, Expenses and Indemnity) in accordance with the Contracts (Rights of Third Parties) Axx 0000 but subject to Clause 25 (Third Parties).

Appears in 1 contract

Samples: Lc Credit Agreement (Weatherford International PLC)

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Costs, Expenses and Indemnity. 21.1 The Company shall pay to the Collateral Agent in relation to this Deed such costs and expenses as are of the type which are reimbursable by the Borrowers pursuant to Section 11.03 (Expenses, Etc) of the Loan Agreement. 21.2 The Company shall indemnify each Receiver and Delegate and their respective officers, employees and agents to the extent that and in the manner in which the Borrowers indemnify the Indemnitees under Section 11.04 (Indemnity) of the Loan Agreement. Each Relevant Person may rely on this Clause 21.2 0 (Costs21.Costs, Expenses and IndemnityINDEMNITY) in accordance with the Contracts (Rights of Third Parties) Axx Xxx 0000 but subject to Clause 25 0 (Third Parties25.Third PARTIES).

Appears in 1 contract

Samples: Lc Credit Agreement and u.s. Security Agreement (Weatherford International PLC)

Costs, Expenses and Indemnity. 21.1 The Company shall pay to the Collateral Agent in relation to this Deed such costs and expenses as are of the type which are reimbursable by the Borrowers pursuant to Section 11.03 (Expenses, Etc.) of the Loan Agreement. 21.2 The Company shall indemnify each Receiver and Delegate and their respective officers, employees and agents to the extent that and in the manner in which the Borrowers indemnify the Indemnitees under Section 11.04 (Indemnity) of the Loan Agreement. Each Relevant Person may rely on this Clause 21.2 (Costs, Expenses and Indemnity) in accordance with the Contracts (Rights of Third Parties) Axx 0000 but subject to Clause 25 (Third Parties).

Appears in 1 contract

Samples: Lc Credit Agreement (Weatherford International PLC)

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Costs, Expenses and Indemnity. 21.1 The Company shall pay to the Collateral Agent in relation to this Deed such costs and expenses as are of the type which are reimbursable by the Borrowers pursuant to Section 11.03 (Expenses, Etc.) of the Loan Agreement. 21.2 The Company shall indemnify each Receiver and Delegate and their respective officers, employees and agents to the extent that and in the manner in which the Borrowers indemnify the Indemnitees under Section 11.04 (Indemnity) of the Loan Agreement. Each Relevant Person may rely on this Clause 21.2 0 (Costs21.Costs, Expenses and IndemnityINDEMNITY) in accordance with the Contracts (Rights of Third Parties) Axx Xxx 0000 but subject to Clause 25 0 (Third Parties25.Third PARTIES).

Appears in 1 contract

Samples: Lc Credit Agreement and u.s. Security Agreement (Weatherford International PLC)

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