Common use of Expenses and Indemnification Clause in Contracts

Expenses and Indemnification. (a) The Pledgors shall, jointly and severally, pay all reasonable out-of-pocket expenses (including, without limitation, attorney’s fees and expenses) incurred by the Administrative Agent and each Secured Party to the extent the Company would be required to do so pursuant to Section 13.4 of the Credit Agreement. (b) The Pledgors shall, jointly and severally, pay and indemnify each indemnified party (which for purposes of this Pledge Agreement shall include, without limitation, all Lenders) against Indemnified Taxes and Other Taxes to the extent the Company would be required to do so pursuant to Section 4.11 of the Credit Agreement. (c) The Pledgors shall, jointly and severally, indemnify each indemnified party to the extent the Company would be required to do so pursuant to Section 13.4 of the Credit Agreement. (d) All amounts due under this Section shall be payable promptly after demand therefor.

Appears in 4 contracts

Samples: Pledge Agreement (Blackbaud Inc), Pledge Agreement, Credit Agreement (Blackbaud Inc)

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Expenses and Indemnification. (a) The Pledgors shall, jointly and severally, pay all reasonable out-of-pocket expenses (including, without limitation, attorney’s fees and expenses) incurred by the Administrative Agent and each Secured Party Lender to the extent the Company Borrower would be required to do so pursuant to Section 13.4 13.3 of the Credit Agreement. (b) The Pledgors shall, jointly and severally, pay and indemnify each indemnified party (which for purposes of this Pledge Agreement shall include, without limitation, all Lenders) against Indemnified Taxes and Other Taxes to the extent the Company Borrower would be required to do so pursuant to Section 4.11 of the Credit Agreement. (c) The Pledgors shall, jointly and severally, indemnify each indemnified party to the extent the Company Borrower would be required to do so pursuant to Section 13.4 13.3 of the Credit Agreement. (d) All amounts due under this Section shall be payable promptly after demand therefor.

Appears in 2 contracts

Samples: Pledge Agreement (Blackbaud Inc), Pledge Agreement (Blackbaud Inc)

Expenses and Indemnification. (a) The Pledgors shall, jointly and severally, pay all reasonable out-of-pocket expenses (including, without limitation, attorney’s fees and expenses) incurred by the Administrative Agent and each Secured Party to the extent the Company Borrower would be required to do so pursuant to Section 13.4 13.3 of the Credit Agreement. (b) . The Pledgors shall, jointly and severally, pay and indemnify each indemnified party (which for purposes of this Pledge Agreement shall include, without limitation, all Lenders) against Indemnified Taxes and Other Taxes to the extent the Company Borrower would be required to do so pursuant to Section 4.11 of the Credit Agreement. (c) . The Pledgors shall, jointly and severally, indemnify each indemnified party to the extent the Company Borrower would be required to do so pursuant to Section 13.4 13.3 of the Credit Agreement. (d) . CHAR2\1570214v4 All amounts due under this Section shall be payable promptly after demand therefor.

Appears in 1 contract

Samples: Credit Agreement (Blackbaud Inc)

Expenses and Indemnification. (a) The Pledgors shall, jointly and severally, pay all reasonable out-of-pocket expenses (including, without limitation, attorney’s fees and expenses) incurred by the Administrative Agent and each Secured Party to the extent the Company Borrower would be required to do so pursuant to Section 13.4 13.3 of the Credit Agreement.. CHAR2\0000000x0 (b) The Pledgors shall, jointly and severally, pay and indemnify each indemnified party (which for purposes of this Pledge Agreement shall include, without limitation, all Lenders) against Indemnified Taxes and Other Taxes to the extent the Company Borrower would be required to do so pursuant to Section 4.11 of the Credit Agreement. (c) The Pledgors shall, jointly and severally, indemnify each indemnified party to the extent the Company Borrower would be required to do so pursuant to Section 13.4 13.3 of the Credit Agreement. (d) All amounts due under this Section shall be payable promptly after demand therefor.

Appears in 1 contract

Samples: Pledge Agreement (Blackbaud Inc)

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Expenses and Indemnification. (a) The Pledgors shall, jointly and severally, pay all reasonable out-of-pocket expenses (including, without limitation, attorney’s fees and expenses) incurred by the Administrative Agent and each Secured Party Lender to the extent the Company Borrower would be required to do so pursuant to Section 13.4 13.3 of the Credit Agreement. (b) The Pledgors shall, jointly and severally, pay and indemnify each indemnified party (which for purposes of this Pledge Agreement shall include, without limitation, all Lenders) against Indemnified Taxes and Other Taxes to the extent the Company Borrower would be required to do so pursuant to Section 4.11 of the Credit Agreement. (c) The Pledgors shall, jointly and severally, indemnify each indemnified party to the extent the Company Borrower would be required to do so pursuant to Section 13.4 13.3 of the Credit Agreement. (d) All amounts due under this Section shall be payable promptly after demand therefor.

Appears in 1 contract

Samples: Pledge Agreement (Blackbaud Inc)

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