Common use of Indemnification by the Depositary Clause in Contracts

Indemnification by the Depositary. Subject to the limitations provided for in Section 15(c) below, the Depositary shall indemnify, defend and save harmless the Company against any direct loss, liability or expense (including reasonable fees and expenses of counsel) incurred by the Company in respect of this Deposit Agreement to the extent such loss, liability or expense is due to the negligence or willful misconduct of the Depositary.

Appears in 8 contracts

Samples: Deposit Agreement, Deposit Agreement (Missfresh LTD), Deposit Agreement

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Indemnification by the Depositary. Subject to the limitations provided for set forth in paragraph (c) of this Section 15(c) below12, the Depositary shall indemnify, defend and save harmless indemnify the Company against any direct loss, liability or expense (including reasonable fees and expenses of counsel) Losses incurred by the Company in respect of this the Deposit Agreement to the extent such loss, liability or expense is Losses are due to the gross negligence or willful misconduct of the Depositary or the Custodian (to the extent the Custodian is an affiliate of the Depositary) acting in their capacities as such hereunder.

Appears in 1 contract

Samples: Deposit Agreement (Deutsche Bank Trust Co Americas/ ADR Group)

Indemnification by the Depositary. Subject to the limitations provided for in Section Sections 9 and 15(c) below, the Depositary shall indemnify, defend and save harmless the Company against any direct loss, liability or expense (including reasonable fees and expenses of counsel) incurred by the Company in respect of this Deposit Agreement to the extent such loss, liability or expense is due to the negligence or willful misconduct of the Depositary.

Appears in 1 contract

Samples: Deposit Agreement

Indemnification by the Depositary. Subject to the limitations provided for in Section Sections 9 and 15(c) below, the Depositary shall indemnify, defend and save harmless the Company against any direct loss, liability or expense (including reasonable fees and expenses of counsel) incurred by the Company in respect of this Deposit Agreement to the extent such loss, liability or expense is due to the negligence or willful misconduct of the DepositaryDepositary acting in its capacity as such hereunder.

Appears in 1 contract

Samples: Deposit Agreement (JPMorgan Chase Bank, N.A. - ADR Depositary)

Indemnification by the Depositary. Subject to the limitations provided for in Section 15(c) below, the Depositary shall indemnify, defend and save hold harmless the Company against any direct loss, liability or expense (including reasonable fees and expenses of counsel) incurred by the Company in respect of this Deposit Agreement to the extent such loss, liability or expense is due to the negligence or willful misconduct of the Depositary.

Appears in 1 contract

Samples: Deposit Agreement (Oatly Group AB)

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Indemnification by the Depositary. Subject to the limitations provided for in Section 15(c) below, the Depositary shall indemnify, defend and save harmless the Company against any direct loss, liability or expense (including reasonable fees and expenses of counselcounsel resulting therefrom) incurred by the Company in respect of this Deposit Agreement to the extent such loss, liability or expense is due to the negligence or willful misconduct of the Depositary.

Appears in 1 contract

Samples: Deposit Agreement (JPMorgan Chase Bank, N.A. - ADR Depositary)

Indemnification by the Depositary. Subject to Except as provided in the limitations provided for in Section 15(c) belownext succeeding paragraph c), the Depositary shall indemnify, defend and save harmless indemnify the Company against any direct loss, liability or expense (including reasonable fees and expenses of counsel) incurred by the Company in respect of this Deposit Agreement to the extent such loss, liability or expense is arises due to the negligence or willful misconduct of the Depositary.

Appears in 1 contract

Samples: Deposit Agreement (JPMorgan Chase Bank, N.A. - ADR Depositary)

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