Common use of Indemnity to Security Trustee Clause in Contracts

Indemnity to Security Trustee. Each Finance Party hereby severally agrees to indemnify the Security Trustee on demand against any action, charge, claim, cost, damage, demand, expense (including legal fees), liability, loss or proceeding which may be brought, made or preferred against or suffered, sustained or incurred by the Security Trustee in complying with any instructions from the Finance Parties or otherwise sustained or incurred by the Security Trustee in connection with this Agreement or any Finance Document or its rights, powers, authorities, discretions, duties, obligations and responsibilities under any such document except to the extent that the liability or loss arises directly from the Security Trustee’s gross negligence, breach of a Finance Document or wilful misconduct.