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

Indemnity in favour of the Agents. The Issuers and the Guarantor shall jointly and severally indemnify each Agent against any direct, documented claim, demand, action, liability, damages, cost, loss or expense (including, without limitation, legal fees and any applicable value added tax) which it properly incurs, other than such costs and expenses as are separately agreed to be reimbursed out of the fees payable under Clause 12.1 (Fees) and otherwise than by reason of its own gross negligence or wilful misconduct, default or bad faith, as a result or arising out of or in relation to its acting as the agent of the Relevant Issuer and the Guarantor (where the Relevant Issuer is CBQ Finance Limited) in relation to the Notes. Notwithstanding any provision of this Agreement to the contrary, including, without limitation, any indemnity given by the Relevant Issuer and the Guarantor (where the Relevant Issuer is CBQ Finance Limited) herein, each of the Relevant Issuer and Guarantor (where the Relevant Issuer is CBQ Finance Limited) shall not in any event be liable for the following indirect and consequential losses: loss of profits, loss of contracts and loss of goodwill.

Indemnity in favour of the Agents. ‌ The Issuers and the Guarantor shall jointly and severally indemnify each Agent against any direct, documented claim, demand, action, liability, damages, cost, loss or expense (including, without limitation, legal fees and any applicable value added tax) which it properly incurs, other than such costs and expenses as are separately agreed to be reimbursed out of the fees payable under Clause 12.1 (Fees) and otherwise than by reason of its own gross negligence or wilful misconduct, default or bad faith, as a result or arising out of or in relation to its acting as the agent of the Relevant Issuer and the Guarantor (where the Relevant Issuer is CBQ Finance Limited) in relation to the Notes. Notwithstanding any provision of this Agreement to the contrary, including, without limitation, any indemnity given by the Relevant Issuer and the Guarantor (where the Relevant Issuer is CBQ Finance Limited) herein, each of the Relevant Issuer and Guarantor (where the Relevant Issuer is CBQ Finance Limited) shall not in any event be liable for the following indirect and consequential losses: loss of profits, loss of contracts and loss of goodwill.