Indemnity to Finance Parties. The Borrowers shall promptly indemnify the Agent or any other Finance Party against any documented cost, loss or liability incurred by the Agent or any other Finance Party (acting reasonably) as a result of; investigating any event which it reasonably believes is a possible Event of Default; or acting or verifying any notice, request or instruction by a Party which it reasonably believes to be genuine, correct or appropriately authorised.
Appears in 3 contracts
Samples: Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement (Seadrill Partners LLC), Senior Secured Credit Facility Agreement (Seadrill Partners LLC)
Indemnity to Finance Parties. The Borrowers Borrower shall promptly indemnify the Agent or any other Finance Party against any documented cost, loss or liability incurred by the Agent or any other Finance Party (acting reasonably) as a result of; ;
(a) investigating any event which it reasonably believes is a possible Event of Default; or or
(b) acting or verifying any notice, request or instruction by a Party which it reasonably believes to be genuine, correct or appropriately authorised.
Appears in 1 contract
Samples: Senior Secured Credit Facility Agreement (Seadrill Partners LLC)
