Common use of Indemnity; Expenses Clause in Contracts

Indemnity; Expenses. Borrower agrees to indemnify, defend (with counsel reasonably satisfactory to the indemnified party or parties) and hold harmless Lenders and Agent against any loss, liability, claim or expense, including reasonable attorneys' fees, that they may incur in connection with the Loan Documents or the Obligations, except those losses, etc. that may result from a Lender's or Agent's gross negligence or willful misconduct. Without limiting the foregoing, upon demand by Agent, Borrower will reimburse Lenders and/or Agent for the following reasonable expenses if not paid by Borrower promptly after written demand by Agent:

Appears in 3 contracts

Samples: Loan Agreement (Response Oncology Inc), Loan Agreement (Response Oncology Inc), Loan Agreement (Seafield Capital Corp)

AutoNDA by SimpleDocs

Indemnity; Expenses. Borrower agrees Borrowers agree to indemnify, defend (with counsel reasonably satisfactory to the indemnified party or parties) and hold harmless Lenders and Agent against any loss, liability, claim or expense, including reasonable attorneys' fees, that they may incur in connection with the Loan Credit Documents or the Obligations, except those losses, etc. that may result from a Lender's ’s or Agent's ’s gross negligence or willful misconduct. Without limiting the foregoing, upon demand by Agent, Borrower Borrowers will reimburse Lenders and/or Agent for the following reasonable expenses if not paid by Borrower Borrowers promptly after written demand by Agent:

Appears in 1 contract

Samples: Credit Agreement (Alfa Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!