Common use of Indemnification for Losses Clause in Contracts

Indemnification for Losses. Without limiting any of the other provisions of this Agreement, each Borrower will, on demand by any Lender, at any time and from time to time and as often as the occasion therefor may arise, indemnify each Lender against any losses, costs or expenses which such Lender may at any time or from time to time sustain or incur with respect to LIBOR Rate Advances as a consequence of: (A) the failure by such Borrower to borrow or continue any LIBOR Rate Advance on the date of borrowing, conversion or continuation designated by such Borrower, or (B) the failure by such Borrower to pay, punctually on the due date thereof, any amount payable by such Borrower under this Agreement, or (C) the accelerated payment of such Borrower's obligations under this Agreement as a result of a Default, or (D) any voluntary repayment or prepayment of any principal of any LIBOR Rate Advance on a date other than the last day of the Interest Period relating to the principal so repaid or prepaid or so converted. Such losses, costs or expenses will include, but will not be limited to, the reimbursement for any loss, expense or cost in liquidating or employing deposits acquired to fund any affected LIBOR Rate Advance.

Indemnification for Losses. Without limiting any of the other provisions of this Agreement, each Borrower willBorrowers jointly and severally agree to, on demand by any LenderBank, at any time and from time to time and as often as the occasion therefor may arise, indemnify each Lender Bank against any losses, costs or expenses which such Lender Bank may at any time or from time to time sustain or incur with respect to LIBOR Rate Advances as a consequence of: (Aa) the failure by such Borrower to borrow or continue any LIBOR Rate Advance on the date of borrowing, conversion or continuation borrowing designated by such BorrowerBorrowers’ Agent or any one or more of Borrowers, or (Bb) the failure by such Borrower Borrowers to pay, punctually on the due date thereof, any amount payable by such Borrower Borrowers under this Agreement, or (Cc) the accelerated payment of such Borrower's Borrowers’ obligations under this Agreement as a result of a Default, or (Dd) any voluntary repayment or prepayment of any principal of any LIBOR Rate Advance Advance, or the conversion of such LIBOR Rate Advance, on a date other than the last day of the Interest Period relating to the principal so repaid or prepaid or so converted. Such losses, costs or expenses will include, but will not be limited to, the reimbursement for any loss, expense or cost in liquidating or employing deposits acquired to fund any affected LIBOR Rate Advance.

Indemnification for Losses. Without limiting any of the other provisions of this Agreement, each Borrower will, on demand by any Lender, at any time and from time to time and as often as the occasion therefor may arise, indemnify each Lender against any losses, costs or expenses which such Lender may at any time or from time to time sustain sustains or incur incurs with respect to LIBOR Rate Advances as a consequence of: (A) the failure by such Borrower to borrow borrow, convert to or continue any LIBOR Rate Advance on the date of borrowing, conversion or continuation designated by such Borrower, or (B) the failure by such Borrower to pay, punctually on the due date thereof, any amount payable by such Borrower under this Agreement, or (C) the accelerated payment of such Borrower's ’s obligations under this Agreement as a result of a Default, or (D) any voluntary or mandatory repayment or voluntary or mandatory prepayment of any principal of any LIBOR Rate Advance on a date other than the last day of the Interest Period relating to the principal so repaid or prepaid or so converted. Such losses, costs or expenses will include, but will not be limited to, the reimbursement for any loss, expense or cost in liquidating or employing deposits acquired to fund any affected LIBOR Rate Advance.

Indemnification for Losses. Without limiting any of the other provisions of this Agreement, each Borrower will, on demand by any Lender, at any time and from time to time and as often as the occasion therefor may arisearise (so long as such demand is made on or before the later of (A) the termination of the Term Loan Commitment, (B) the termination of the Revolving Credit Commitment, or (C) the full and final payment of all Liabilities), indemnify each Lender against any losses, costs or expenses which such Lender may at any time or from time to time sustain sustains or incur incurs with respect to LIBOR Rate Advances as a consequence of: (Ai) the failure by such Borrower to borrow borrow, convert to or continue any LIBOR Rate Advance on the date of borrowing, conversion or continuation designated by such Borrower, or (Bii) the failure by such Borrower to pay, punctually on the due date thereof, any amount payable by such Borrower under this Agreement, or (Ciii) the accelerated payment of such Borrower's obligations under this Agreement as a result of a Default, or (Div) any voluntary or mandatory repayment or voluntary or mandatory prepayment of any principal of any LIBOR Rate Advance on a date other than the last day of the Interest Period relating to the principal so repaid or prepaid or so converted. Such losses, costs or expenses will include, but will not be limited to, the reimbursement for any loss, expense or cost in liquidating or employing deposits acquired to fund any affected LIBOR Rate Advance.

Indemnification for Losses. Without limiting any of the other provisions of this Agreement, each Borrower will, on demand by any Lender, at any time and from time to time and as often as the occasion therefor may arise, indemnify each Lender against any losses, costs or expenses which such Lender may at any time or from time to time sustain or incur with respect to LIBOR Rate Advances as a consequence of: (A) the failure by such Borrower to borrow or continue any LIBOR Rate Advance on the date of borrowing, conversion or continuation designated by such Borrower, or (B) the failure by such Borrower to pay, punctually on the due date thereof, any amount payable by such Borrower under this Agreement, or (C) the accelerated payment of such Borrower's obligations under this Agreement as a result of a Default, or (D) any voluntary repayment or prepayment of any principal of any LIBOR Rate Advance on a date other than the last day of the Interest Period relating to the principal so repaid or prepaid or so converted. Such losses, costs or expenses will include, but will not be limited to, the reimbursement for any loss, expense or cost in liquidating or employing deposits acquired to fund any affected LIBOR Rate Advance.

Indemnification for Losses. Without limiting any of the other provisions of this Agreement, each Borrower will, on demand by any Lender, at any time and from time to time and as often as the occasion therefor may arise, indemnify each Lender against any losses, costs or expenses which such Lender may at any time or from time to time sustain or incur with respect to LIBOR Rate Eurodollar Advances as a consequence of: (A) the failure by such Borrower to borrow or continue any LIBOR Rate Eurodollar Advance on the date of borrowing, conversion or continuation designated by such Borrower, or (B) the failure by such Borrower to pay, punctually on the due date thereof, any amount payable by such Borrower under this Agreement, or (C) the accelerated payment of such Borrower's obligations under this Agreement as a result of a Default, or (D) any voluntary repayment or prepayment of any principal of any LIBOR Rate Eurodollar Advance on a date other than the last day of the Interest Period relating to the principal so repaid or prepaid or so converted. Such losses, costs or expenses will include, but will not be limited to, the reimbursement for any loss or cost, including any loss, expense or cost in liquidating or employing deposits acquired to fund any affected LIBOR Rate Eurodollar Advance.