Common use of Expenses; Indemnification; Non-Liability of Banks Clause in Contracts

Expenses; Indemnification; Non-Liability of Banks. (a) The Company shall pay (i) all out-of-pocket expenses of the Administrative Agent, including reasonable fees and disbursements of special counsel for the Administrative Agent, in connection with the preparation of this Agreement, any waiver or consent hereunder or any amendment hereof or any Default or alleged Default hereunder and (ii) if an Event of Default occurs, all out-of-pocket expenses incurred by the Administrative Agent and each Bank, including fees and disbursements of counsel including costs allocated to in-house counsel, in connection with such Event of Default and collection, bankruptcy, insolvency and other enforcement proceedings resulting therefrom.

Appears in 14 contracts

Samples: Credit Agreement (Lincoln National Corp), Credit Agreement (Lincoln National Corp), Credit Agreement (Lincoln National Corp)

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Expenses; Indemnification; Non-Liability of Banks. (a) The Company shall pay (i) all reasonable out-of-pocket costs and expenses of the Administrative AgentAgent and the Active Joint Lead Arrangers and their Affiliates, including reasonable fees and disbursements of special one counsel for the Administrative Agent, in connection with the preparation preparation, due diligence, administration, syndication and closing of this Agreement, any waiver or consent hereunder or any amendment hereof or any Default or alleged Default hereunder and (ii) if an Event of Default occurs, all out-of-pocket expenses incurred by the Administrative Agent and each Bank, including fees and disbursements of counsel including costs allocated to in-house counsel, in connection with such Event of Default and collection, bankruptcy, insolvency and other enforcement proceedings resulting therefrom.

Appears in 2 contracts

Samples: Assignment and Assumption (Brighthouse Financial, Inc.), Assignment and Assumption (Brighthouse Financial, Inc.)

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