Common use of Indemnification for Loss Clause in Contracts

Indemnification for Loss. Notwithstanding anything contained herein to the contrary, if the Borrower shall fail to borrow or convert an Advance after it shall have given notice to do so in which it shall have requested a Eurodollar Advance pursuant to Section 2.3 or 3.3, as the case may be, or if a Eurodollar Advance shall be terminated for any reason prior to the last day of the Interest Period applicable thereto, or if any repayment or prepayment of the principal amount of a Eurodollar Advance is made for any reason on a date which is prior to the last day of the Interest Period applicable thereto, the Borrower agrees to indemnify each Lender against, and to pay on demand directly to such Lender the amount (calculated by such Lender using any method chosen by such Lender which is reasonable and customarily used by such Lender for such purpose) equal to any loss or reasonable expense suffered by such Lender to the extent resulting from such failure to borrow or convert, or such termination, repayment or prepayment, including any loss, cost or expense suffered by such Lender in liquidating or employing deposits acquired to fund or maintain the funding of such Eurodollar Advance, or redeploying funds prepaid or repaid, in amounts which correspond to such Eurodollar Advance.

Indemnification for Loss. Notwithstanding anything contained herein to the contrary, if the Borrower shall fail for any reason to borrow or convert an Advance after it shall have given notice to do so in which it shall have requested a Eurodollar Advance pursuant to Section 2.3 or 3.3, as the case may be, or if a Eurodollar Advance shall be terminated for any reason prior to the last day of the Interest Period applicable thereto, or if any repayment or prepayment of the principal amount of a Eurodollar Advance is made by the Borrower for any reason on a date which is prior to the last day of the Interest Period applicable thereto, the Borrower agrees to indemnify each Lender against, and to pay on demand directly to such Lender the amount (calculated by such Lender using any method chosen by such Lender which is reasonable and customarily used by such Lender for such purpose) equal to any loss or reasonable out-of-pocket expense suffered by such Lender to the extent resulting from as a result of such failure to borrow or convert, or such termination, repayment or prepayment, including any loss, cost or expense suffered by such Lender in liquidating or employing deposits acquired to fund or maintain the funding of such Eurodollar Advance, or redeploying funds prepaid or repaid, in amounts which correspond to such Eurodollar Advance, and any internal processing charge customarily charged by such Lender in connection therewith.

Indemnification for Loss. Notwithstanding anything contained herein to the contrary, if the Borrower shall fail for any reason to borrow or convert an Advance after it shall have given notice to do so in which it shall have requested a Eurodollar Advance pursuant to Section 2.3 2.4 or 3.3, as the case may be, or if a Eurodollar Advance shall be terminated for any reason prior to the last day of the Interest Period applicable thereto, or if any repayment or prepayment of the principal amount of a Eurodollar Advance is made by the Borrower for any reason on a date which is prior to the last day of the Interest Period applicable thereto, the Borrower agrees to indemnify each Lender against, and to pay on demand directly to such Lender the amount (calculated by such Lender using any method chosen by such Lender which is reasonable and customarily used by such Lender for such purpose) equal to any loss or reasonable out-of-pocket expense suffered by such Lender to the extent resulting from as a result of such failure to borrow or convert, or such termination, repayment or prepayment, including any loss, cost or expense suffered by such Lender in liquidating or employing deposits acquired to fund or maintain the funding of such Eurodollar Advance, or redeploying funds prepaid or repaid, in amounts - 34 - Credit Agreement ---------------- which correspond to such Eurodollar Advance, and any internal processing charge customarily charged by such Lender in connection therewith.

Indemnification for Loss. Notwithstanding anything contained herein to the contrary, if the Borrower either Company shall fail to borrow or determine not to convert an Advance after it shall have given notice to do so in which it shall have requested a Eurodollar Advance pursuant to Section 2.3 or 3.3, as the case may be, or if a Eurodollar Advance shall be terminated for any reason prior to the last day of the Interest Period applicable thereto, or if any repayment or prepayment of all or any part of the principal amount of a Eurodollar Advance is made for any reason on a date which is prior to the last day of the Interest Period applicable thereto, the Borrower agrees Companies agree to indemnify each Lender against, and to pay on demand directly to such Lender the amount (calculated by such Lender using any method chosen by such Lender which is reasonable and customarily used by such Lender for such purpose) equal to any loss or reasonable expense suffered by such Lender to the extent resulting from as a result of such failure to borrow or convert, or such termination, repayment or prepayment, including any loss, cost or expense suffered by such Lender in liquidating or employing deposits acquired to fund or maintain the funding of such Eurodollar Advance, or redeploying funds prepaid or repaid, in amounts which correspond to such Eurodollar Advance, and any internal processing charge customarily charged by such Lender in connection therewith.

Indemnification for Loss. Notwithstanding anything contained herein to the contrary, if the Borrower shall fail for any reason to borrow or convert an Advance after it shall have given notice to do so a Revolving Credit Loan in respect of which it shall have requested a Eurodollar Advance pursuant or convert an Advance to Section 2.3 or 3.3, as a Eurodollar Advance after it shall have notified the case may beAdministrative Agent of its intent to do so, or if a Eurodollar Advance shall be terminated terminate for any reason prior to the last day of the Interest Period applicable thereto, or if the Borrower shall for any repayment reason prepay or prepayment repay all or any part of the principal amount of a Eurodollar Advance is made for any reason on a date which is prior to the last day of the Interest Period applicable thereto, the Borrower agrees to shall indemnify each A or B (as applicable) Lender against, and to pay on demand directly to such Lender the amount (calculated by such Lender using any method chosen by such Lender which is reasonable and customarily used by such Lender for such purpose) equal to any loss or reasonable out-of-pocket expense suffered by such Lender to the extent resulting from as a result of such failure to borrow or convert, or such termination, repayment or prepayment, including any loss, cost or expense suffered by such Lender in liquidating or employing deposits acquired to fund or maintain the funding of such Eurodollar Advance, or redeploying funds prepaid or repaid, in amounts which correspond to such Eurodollar AdvanceAdvance and any internal processing charge customarily charged by such Lender in connection therewith.

Indemnification for Loss. Notwithstanding anything contained herein to the contrary, if the Borrower shall fail for any reason to borrow or convert an Advance after it shall have given notice to do so a Revolving Credit Loan in respect of which it shall have requested a Eurodollar Advance pursuant or convert an Advance to Section 2.3 or 3.3, as a Eurodollar Advance after it shall have notified the case may beAdministrative Agent of its intent to do so, or if a Eurodollar Advance shall be terminated terminate for any reason prior to the last day of the Interest Period applicable thereto, or if the Borrower shall for any repayment reason prepay or prepayment repay all or any part of the principal amount of a Eurodollar Advance is made for any reason on a date which is prior to the last day of the Interest Period applicable thereto, the Borrower agrees to shall indemnify each Lender against, and to pay on demand directly to such Lender the amount (calculated by such Lender using any method chosen by such Lender which is reasonable and customarily used by such Lender for such purpose) equal to any loss or reasonable out-of-pocket expense suffered by such Lender to the extent resulting from as a result of such failure to borrow or convert, or such termination, repayment or prepayment, including any loss, cost or expense suffered by such Lender in liquidating or employing deposits acquired to fund or maintain the funding of such Eurodollar Advance, or redeploying funds prepaid or repaid, in amounts which correspond to such Eurodollar AdvanceAdvance and any internal processing charge customarily charged by such Lender in connection therewith.