Common use of Indemnification and Compensation Clause in Contracts

Indemnification and Compensation. In addition to the other rights now or hereafter conferred by law and those described in subsection 6.6.2 and Section 8.12, and without limiting such rights, if a Default or Event of Default should occur, each Lender, the Finnvera Facility Agent and the Agent is hereby authorized by the Borrower, at any time and from time to time, subject to the obligation to give notice to the Borrower subsequently and within a reasonable delay, to indemnify, compensate, use and allocate any deposit (general or special, term or demand, including, without limitation, any debt evidenced by certificates of deposit, whether or not matured) and any other debt at any time held or due by the Lenders to the Borrower or to its credit or its account, with respect to and on account of any obligation and indebtedness of the Borrower to the Lenders in accordance with the provisions hereof or the Security Documents, including, without limitation, the accounts of any nature or kind which flow from or relate to this Agreement or the Security Documents, whether or not the Agent has made demand under the terms hereof or has declared the amounts referred to in Section 14.2 as payable in accordance with the provisions of that Section and even if such obligation and Debt or either of them is a future or unmatured Debt.

Indemnification and Compensation. In addition to the other rights now or hereafter conferred by law and those described in subsection 6.6.2 and Section 8.128.13, and without limiting such rights, if a Default or Event of Default should occur, each Lender, the Finnvera Facility Agent Lender and the Agent is hereby authorized by the Borrower, at any time and from time to time, subject to the obligation to give notice to the Borrower subsequently and within a reasonable delay, to indemnify, compensate, use and allocate any deposit (general or special, term or demand, including, without limitation, any debt evidenced by certificates of deposit, whether or not matured) and any other debt at any time held or due by the Lenders to the Borrower or to its credit or its account, with respect to and on account of any obligation and indebtedness of the Borrower to the Lenders in accordance with the provisions hereof or the Security Documents, including, without limitation, the accounts of any nature or kind which flow from or relate to this Agreement or the Security Documents, whether or not the Agent has made demand under the terms hereof or has declared the amounts referred to in Section 14.2 as payable exigible in accordance with the provisions of that Section and even if such obligation and Debt or either of them is a future or unmatured Debt.

Indemnification and Compensation. In addition to the other rights now or hereafter conferred by law and those described in subsection 6.6.2 and Section 8.12law, and without limiting such rights, if a Default or Event of Default should occur, each Tranche B Lender, the Finnvera Facility B Agent and the Security Agent is hereby authorized by the Borrower, at any time and from time to time, subject to the obligation to give notice to the Borrower subsequently and within a reasonable delay, to indemnify, compensate, use and allocate any deposit (general or special, term or demand, including, without limitation, any debt evidenced by certificates of deposit, whether or not matured) and any other debt at any time held or due by the Tranche B Lenders to the Borrower or to its credit or its account, with respect to and on account of any obligation and indebtedness of the Borrower to the Tranche B Lenders in accordance with the provisions hereof or the Security Documentshereof, including, without limitation, the accounts of any nature or kind which flow from or relate to this Agreement or the Security DocumentsAgreement, whether or not the Finnvera Facility B Agent has made demand under the terms hereof or has declared the amounts referred to in Section 14.2 12.2 as payable exigible in accordance with the provisions of that Section and even if such obligation and Debt debt or either of them is a future or unmatured Debtdebt.

Indemnification and Compensation. In addition to the other rights now or hereafter conferred by law and those described in subsection 6.6.2 and Section 8.128.13, and without limiting such rights, if a Default or Event of Default should occur, each Lender, the Finnvera Facility Agent and the Agent is hereby authorized by the Borrower, at any time and from time to time, subject to the obligation to give notice to the Borrower subsequently and within a reasonable delay, to indemnify, compensate, use and allocate any deposit (general or special, term or demand, including, without limitation, any debt evidenced by certificates of deposit, whether or not matured) and any other debt at any time held or due by the Lenders to the Borrower or to its credit or its account, with respect to and on account of any obligation and indebtedness of the Borrower to the Lenders in accordance with the provisions hereof or the Security Documents, including, without limitation, the accounts of any nature or kind which flow from or relate to this Agreement or the Security Documents, whether or not the Agent has made demand under the terms hereof or has declared the amounts referred to in Section 14.2 as payable exigible in accordance with the provisions of that Section and even if such obligation and Debt or either of them is a future or unmatured Debt.