Common use of Indemnification by the Depositary Clause in Contracts

Indemnification by the Depositary. The Depositary agrees to indemnify the Company against any loss, liability or expense (including reasonable fees and expenses of counsel) incurred by the Company in respect of this Agreement to the extent such loss, liability or expense is due to the negligence or bad faith of the Depositary or its agents.

Appears in 3 contracts

Samples: Deposit Agreement (Bank of New York / Adr Division), Deposit Agreement (Osterreichische Elektrizitatswirtschafts /Fi), Deposit Agreement (Osterreichische Elektrizitatswirtschafts /Fi)

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Indemnification by the Depositary. The Depositary agrees to indemnify the Company Company, its officers and directors against any loss, liability or expense (including reasonable fees and expenses of counsel) incurred by the Company in respect of this Agreement to the extent such loss, liability or expense is due to the negligence or bad faith of the Depositary or its agentsagents appointed hereunder. In no event shall the Depositary or any of its agents be liable for any indirect, special, consequential or punitive damages.

Appears in 1 contract

Samples: Deposit Agreement (Deutsche Telekom Ag)

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Indemnification by the Depositary. The Depositary agrees to shall indemnify the Company against any loss, liability or expense (including reasonable fees and expenses of counsel) incurred by the Company in respect of this the Deposit Agreement to the extent such loss, liability or expense is due to the negligence or bad faith of the Depositary or any of its agentsagents appointed hereunder; provided, however, the Depositary shall not indemnify the Company for any Special Damages.

Appears in 1 contract

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

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