Common use of Events of Default Each Clause in Contracts

Events of Default Each. of the Borrower and the Guarantor shall indemnify the Finance Parties from time to time on demand against all losses and costs incurred or sustained by any Finance Party as a consequence of any Event of Default, including (without limitation) any Break Costs.

Appears in 3 contracts

Samples: Stolt Comex (Stolt Offshore S A), Loan Facility Agreement (Stolt Offshore S A), Loan Facility Agreement (Stolt Offshore S A)

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Events of Default Each. of the Borrower and the Guarantor Guarantors shall indemnify the Finance Parties from time to time on demand against all losses and costs incurred or sustained by any Finance Party as a consequence of any Event of Default, including (without limitation) any Break Costs.

Appears in 1 contract

Samples: Facility Agreement (Stolt Nielsen S A)

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