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 Losses (including, without limitation, reasonable legal fees and any applicable value added tax paid or incurred in disputing or defending any Losses) that the Issuer may incur or that may be made against it as a result of such Agent’s negligence, wilful default or bad faith or that of its officers, directors or employees. No Agent shall be liable to the Issuer for consequential or indirect loss of any kind whatsoever or for loss of business, goodwill, opportunity or profit. The indemnity set out in this Clause 13.6 shall survive the termination or expiry of the Agreement and the resignation and/or removal of the Agent.

Indemnity in favour of the Issuer. ‌ Each Agent shall severally indemnify the Issuer, against any Losses (including, without limitation, reasonable legal fees and any applicable value added tax paid or incurred in disputing or defending any Losses) that the Issuer may incur or that may be made against it as a result of such Agent’s negligence, wilful default or bad faith or that of its officers, directors or employees. No Agent shall be liable to the Issuer for consequential or indirect loss of any kind whatsoever or for loss of business, goodwill, opportunity or profit. The indemnity set out in this Clause 13.6 13.5 shall survive the termination or expiry of the Agreement and the resignation and/or removal of the Agent.

Indemnity in favour of the Issuer. ‌ Each Agent shall severally indemnify the Issuer, against any Losses (including, without limitation, reasonable legal fees and any applicable value added tax paid or incurred in disputing or defending any Losses) that the Issuer may incur or that may be made against it as a result of such Agent’s negligence, wilful default or bad faith or that of its officers, directors or employees. No Agent shall be liable to the Issuer for consequential or indirect loss of any kind whatsoever or for loss of business, goodwill, opportunity or profit. The indemnity set out in this Clause 13.6 shall survive the termination or expiry of the Agreement and the resignation and/or removal of the Agent.