Indemnity Relating to Credits Sample Clauses

Indemnity Relating to Credits. Upon notice from the Administrative Agent to the Borrower (which notice shall be accompanied by a detailed calculation of the amount to be paid by the Borrower), the Borrower shall pay to the Administrative Agent or the Lenders such amount or amounts as will compensate the Administrative Agent or the Lenders for any loss, cost or expense incurred by them in the liquidation or redeposit of any funds acquired by the Lenders to fund or maintain any portion of a LIBOR Loan as a result of:
AutoNDA by SimpleDocs
Indemnity Relating to Credits. Upon notice from the Agent to the Borrowers (which notice shall be accompanied by a detailed calculation of the amount to be paid by the Borrowers), the Borrowers shall pay to the Agent or the Lenders such amount or amounts as will compensate the Agent or the Lenders for any loss, cost or expense incurred by them:
Indemnity Relating to Credits. Upon notice from the Administrative Agent to the relevant Borrower (which notice shall be accompanied by a detailed calculation of the amount to be paid by such Borrower), such Borrower shall pay to the Administrative Agent or the relevant Lenders such amount or amounts as will compensate the Administrative Agent or the relevant Lenders (including, for certainty, the Issuing RT Lender) for any loss, cost or expense incurred by them:
Indemnity Relating to Credits. Upon notice from a Lender to the Borrower Representative (which notice shall be accompanied by a detailed calculation of the amount to be paid by Borrowers), Borrowers shall pay to such Lender such amount or amounts as will compensate such Lender for any loss, cost or expense incurred by them in the liquidation or redeposit of any funds acquired by the Lenders to fund or maintain any portion of a LIBORSOFR Loan as a result of: ​
Indemnity Relating to Credits. Upon notice from the Agent to the Borrowers (which notice shall be accompanied by a detailed calculation of the amount to be paid by the Borrowers), the Borrowers shall pay to the Agent or the Lenders such amount or amounts as will compensate the Agent or the Lenders for any loss, cost or expense incurred by them: Schedule O 51.
Indemnity Relating to Credits. Upon notice from the Administrative Agent to the Obligors (which notice shall be accompanied by a detailed calculation of the amount to be paid by the Obligors), the Obligors shall pay to the Administrative Agent or the Lenders such amount or amounts as will compensate the Administrative Agent or the Lenders (including, for certainty, the Issuing Lender) for any loss, cost or expense incurred by them arising from claims or legal proceedings, and including reasonable legal fees and disbursements, respecting the collection of amounts owed by the Obligors hereunder in respect of any Letter or the enforcement of the Administrative Agent, the Issuing Lender or the Lenders’ rights hereunder in respect of such Letter including, without limitation, legal proceedings attempting to restrain the Administrative Agent, the Issuing Lender or the Lenders from paying any amount under such Letter.
Indemnity Relating to Credits. Upon notice from a Lender to the Borrower Representative (which notice shall be accompanied by a detailed calculation of the amount to be paid by the Borrower), the BorrowerBorrowers), Borrowers shall pay to such Lender such amount or amounts as will compensate such Lender for any loss, cost or expense incurred by them in the liquidation or redeposit of any funds acquired by the Lenders to fund or maintain any portion of a LIBOR Loan as a result of: the failure of the BorrowerBorrowers to borrow or make repayments on the dates specified under this Agreement or in any notice from the Borrower Representative to the Administrative Agent (provided that if any notice specifies the repayment of a LIBOR Loan at any time other than its maturity date, then the BorrowerBorrowers shall be responsible for any loss, costs or expenses referred to above); or the repayment or prepayment of any amounts on a day other than the payment dates prescribed herein or in any notice from the Borrower Representative to the Administrative Agent (provided that if any notice specifies the repayment of a LIBOR Loan at any time other than its maturity date, then the BorrowerBorrowers shall be responsible for any loss, costs or expenses referred to above). Notwithstanding the foregoing, the BorrowerBorrowers shall not be required to indemnify a Lender for any such cost or expense if such cost or expense is incurred while such Lender is a Defaulting Lender.
AutoNDA by SimpleDocs
Indemnity Relating to Credits. Section 8.4 of the Credit Agreement is hereby amended as follows:
Indemnity Relating to Credits. The following sentence is hereby inserted directly after the existing paragraph (c) of Section 8.4 of the Credit Agreement: “Notwithstanding anything contained in this Section 8.4, the foregoing obligations of indemnification shall not apply in respect of any loss, cost or expense incurred by the Agent or any Lender arising in connection with any Erroneous Payment.”
Indemnity Relating to Credits. Within five Banking Days of receipt by the Borrower of written notice from the Administrative Agent (which notice shall be accompanied by a detailed calculation of the amount to be paid by the Borrower), the Borrower shall pay to the Administrative Agent such amount or amounts as will compensate the Administrative Agent or the Lenders for any loss, cost or expense incurred by them:
Time is Money Join Law Insider Premium to draft better contracts faster.