Common use of Indemnity in favour of the Agents Clause in Contracts

Indemnity in favour of the Agents. The Issuer (failing whom, the Guarantor) shall indemnify each Agent against any claim, demand, action, liability, damages, cost, loss or expense (including, without limitation, legal fees and any applicable value added tax) which it incurs, otherwise than by reason of its own gross negligence, wilful default or fraud or that of its officers, directors, employees or agents, as a result or arising out of or in relation to its acting as the agent of the Issuer and the Guarantor in relation to the Bonds.

Indemnity in favour of the Agents. The Issuer (failing whom, the Guarantor) shall indemnify each Agent against any claim, demand, action, liability, damages, cost, loss or expense (including, without limitation, legal fees and any applicable value added taxfees) which it incurs, otherwise than by reason of its the Agent’s own gross negligencewilful default, wilful default or fraud fraud, negligence or that of its directors, employers or officers, directors, employees or agentsmaterial breach of any agreement to which it is a party (each a Breach of Duty), as a result or arising out of or in relation to its acting as the agent of the Issuer and the Guarantor in relation to the BondsNotes.

Indemnity in favour of the Agents. (a) The Issuer (failing whom, the Guarantor) shall indemnify each Agent against any claim, demand, action, liability, damages, cost, loss or expense (including, without limitation, legal fees and any applicable value added tax) which it incurs, incurs otherwise than by reason of its own gross negligence, negligence or wilful default misconduct or fraud or that of its officers, directors, employees or agentswilful default, as a result of or arising out of or in relation to its acting as the agent of the Issuer and the Guarantor in relation to the Bonds.Notes or as a direct result of the breach by the Issuer of its undertaking under Clause

Indemnity in favour of the Agents. The Issuer (failing whom, the Guarantor) shall indemnify each Agent against any claim, demand, action, liability, damages, cost, loss or expense (including, without limitation, legal fees and any applicable value added tax) which it incurs, other than such costs and expenses as are separately agreed to be reimbursed out of the fees payable under Clause 11.1 (Fees) and otherwise than by reason of its own gross negligence, wilful default or fraud or that of its officers, directors, employees or agentsfraud, as a result or arising out of or in relation to its acting as the agent of the Issuer and the Guarantor in relation to the BondsNotes.

Indemnity in favour of the Agents. The relevant Issuer (failing whom, the Guarantor) shall indemnify each Agent against any claim, demand, action, liability, damages, cost, loss or expense (including, without limitation, legal fees and any applicable value added tax) which it incurs, other than such costs and expenses as are separately agreed to be reimbursed out of the fees payable under Clause 14.1 (Fees) and otherwise than by reason of its such Agent's own gross negligencenegligence or wilful misconduct, wilful default or fraud or that of its officers, directors, employees or agentsbad faith, as a result or arising out of or in relation to its acting as the agent of the relevant Issuer and the Guarantor in relation to the BondsNotes.