Indemnity concerning security. (a) The Borrower shall (or shall procure that another Obligor will) promptly indemnify each Indemnified Person against any and all Losses (together with any applicable VAT) incurred by it (otherwise than by reason of that Indemnified Person's gross negligence or wilful default) as a result of:
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Samples: Agreement (Danaos Corp), reportify-1252068037.cos.ap-beijing.myqcloud.com
Indemnity concerning security. (a) The Borrower shall (or shall procure that another Obligor will) promptly indemnify each Indemnified Person against any and all Losses (together with any applicable VAT) incurred by it (otherwise than by reason of that Indemnified Person's ’s gross negligence or wilful default) as a result of:
Appears in 1 contract
Samples: Agreement (Danaos Corp)
Indemnity concerning security. (a) The Borrower shall (or shall procure that another Obligor will) shall promptly indemnify each Indemnified Person against any and all Losses (together with any applicable VAT) incurred by it (otherwise than by reason of that Indemnified Person's gross negligence or wilful default) as a result of:
Appears in 1 contract