Common use of INDEMNITY FOR COSTS AND EXPENSES Clause in Contracts

INDEMNITY FOR COSTS AND EXPENSES. If Administrative Agent incurs any costs or expenses (including, without limitation, in indemnifying Administrative Agent pursuant to subsection 9.4) in connection with any effort to enforce or protect Administrative Agent's or any Indemnifying Lender's rights or interests with respect to this Agreement or the other Loan Documents, then, other than in the case of Administrative Agent's gross negligence or willful misconduct, each Indemnifying Lender will reimburse Administrative Agent on demand for each such Indemnifying Lender's proportionate share based on such Indemnifying Lender's Indemnity Amount of any portion of such costs or expenses which is not reimbursed by or on behalf of Xxxx UK, Xxxx France or Xxxx Japan, as the case may be. If Administrative Agent recovers any amounts for which Administrative Agent has previously been reimbursed by an Indemnifying Lender hereunder, Administrative Agent shall promptly distribute to such Indemnifying Lender such Indemnifying Lender's proportionate share thereof based on such Indemnifying Lender's Indemnity Amount.

Appears in 2 contracts

Samples: Multicurrency Credit Agreement (Goss Graphic Systems Inc), Multicurrency Credit Agreement (Goss Holdings Inc)

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INDEMNITY FOR COSTS AND EXPENSES. If Administrative Agent incurs any costs or expenses (including, without limitation, in indemnifying Administrative Agent pursuant to subsection 9.4) in connection with any effort to enforce or protect Administrative Agent's or any Indemnifying Lender's rights or interests with respect to this Agreement or the other Loan Documents, then, other than in the case of Administrative Agent's gross negligence or willful misconduct, each Indemnifying Lender will reimburse Administrative Agent on demand for each such Indemnifying Lender's proportionate share based on such Indemnifying Lender's Indemnity Amount of any portion of such costs or expenses which is not reimbursed by or on behalf of Xxxx UK, Xxxx France or Xxxx Japan, as the case may be. If Administrative Agent recovers any amounts for which Administrative Agent has previously been reimbursed by an Indemnifying Lender hereunder, Administrative Agent shall promptly distribute to such Indemnifying Lender such Indemnifying Lender's proportionate share thereof based on such Indemnifying Lender's Indemnity Amount.

Appears in 1 contract

Samples: Credit Agreement (Goss Graphic Systems Inc)

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INDEMNITY FOR COSTS AND EXPENSES. If Administrative Agent a Funding Lender incurs any costs or expenses (including, without limitation, in indemnifying Administrative an Agent pursuant to subsection 9.4) in connection with any effort to enforce or protect Administrative Agentsuch Funding Lender's or any Indemnifying Lender's rights or interests with respect to this Agreement or the other Loan Documents, then, other than in the case of Administrative Agentsuch Funding Lender's gross negligence or willful misconduct, each Indemnifying Lender will reimburse Administrative Agent such Funding Lender on demand for each such Indemnifying Lender's proportionate share based on such Indemnifying Lender's Indemnity Amount of any portion of such costs or expenses which is not reimbursed by or on behalf of Xxxx UK, Xxxx France Japan or Xxxx JapanUK, as the case may be. If Administrative Agent a Funding Lender recovers any amounts for which Administrative Agent such Funding Lender has previously been reimbursed by an Indemnifying Lender hereunder, Administrative Agent such Funding Lender shall promptly distribute to such Indemnifying Lender such Indemnifying Lender's proportionate share thereof based on such Indemnifying Lender's Indemnity Amount.

Appears in 1 contract

Samples: Credit Agreement (Goss Graphic Systems Inc)

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