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

Indemnity in favour of the Issuer. Each Agent shall severally indemnify the Issuer 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 as a result of the gross negligence, wilful default or fraud of such Agent or of its officers, directors or employees.

Appears in 3 contracts

Samples: Fiscal Agency Agreement, Fiscal Agency Agreement, Fiscal Agency Agreement

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Indemnity in favour of the Issuer. Each Paying Agent shall severally indemnify the Issuer 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 as a result of the gross negligence, fraud or wilful default or fraud of such Paying Agent or of its officers, directors or employees. The indemnity contained in this Clause 10.5 shall survive the termination or expiry of this Agreement.

Appears in 2 contracts

Samples: www.redeia.com, Red Eléctrica

Indemnity in favour of the Issuer. Each Agent shall severally indemnify the Issuer 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 as a result of the gross negligence, negligence or wilful default or fraud misconduct of such Agent or of its officers, directors or employees.

Appears in 2 contracts

Samples: Fiscal and Paying Agency Agreement, Fiscal and Paying Agency Agreement

Indemnity in favour of the Issuer. Each Agent shall severally indemnify the Issuer 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 as a result of the gross negligence, negligence or wilful default or fraud misconduct of such Agent or of its officers, directors or employees.

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement

Indemnity in favour of the Issuer. Each Agent shall severally indemnify the Issuer 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 as a direct result of the such Agent's gross negligencenegligence or wilful misconduct, wilful default or fraud of such Agent bad faith, or that of its officers, directors employees or employeesagents. The indemnity in this Clause 13.4 shall survive the termination or expiry of this Agreement.

Appears in 1 contract

Samples: Paying Agency Agreement

Indemnity in favour of the Issuer. Each Agent shall severally indemnify the Issuer 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 as a result of the gross negligence, wilful default or fraud of such Agent or of its their respective officers, directors or employees.

Appears in 1 contract

Samples: Agency Agreement

Indemnity in favour of the Issuer. Each Agent shall severally indemnify the Issuer against any claim, demand, action, liability, damages, cost, loss or expense (including, without limitation, legal fees and any applicable value added taxtax which is not recoverable) which it incurs as a result of the gross negligence, wilful default or negligence or fraud of such Agent or of its their respective officers, directors or employees.

Appears in 1 contract

Samples: Fiscal Agency Agreement

Indemnity in favour of the Issuer. Each Agent shall severally indemnify the Issuer 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 as a result of the gross negligence, or wilful default or fraud of such Agent or that of its officersdirectors, directors officers or employees.

Appears in 1 contract

Samples: www.cblgroup.com

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Indemnity in favour of the Issuer. Each Paying Agent shall severally indemnify the Issuer 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 as a result of the gross negligence, wilful misconduct, default or fraud bad faith of such Paying Agent or of its respective officers, directors or employees.

Appears in 1 contract

Samples: Agency Agreement (Northern Trust Corp)

Indemnity in favour of the Issuer. Each Agent shall severally indemnify the Issuer Issuer, on an after tax basis, against any claim, demand, action, liability, damages, cost, loss or expense Losses (including, without limitation, legal fees and but not limited to Expenses paid or incurred in disputing or defending any applicable value added taxLosses) which it incurs as a result of the gross negligence, wilful default or negligence or fraud of such Agent or of its their respective officers, directors or employees.

Appears in 1 contract

Samples: Fiscal Agency Agreement

Indemnity in favour of the Issuer. Each Agent shall severally indemnify the Issuer 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 as a result of the gross negligence, negligence or wilful default or fraud misconduct of such Agent or of its their respective officers, directors or employees.

Appears in 1 contract

Samples: Paying Agency Agreement

Indemnity in favour of the Issuer. Each Agent shall severally indemnify the Issuer against any claim, demand, action, liability, damages, cost, loss or expense (including, without limitation, properly incurred legal fees and any applicable value added tax) which it incurs as a direct result of the gross negligence, wilful default or fraud of such Agent or of its officers, directors or employeesAgent.

Appears in 1 contract

Samples: Agency Agreement

Indemnity in favour of the Issuer. Each Agent shall severally indemnify the Issuer 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 as a result of the gross negligence, negligence or wilful default or fraud of such Agent or of its their respective officers, directors or employees.

Appears in 1 contract

Samples: www.storaenso.com

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