Indemnity to the Agent and the Security Agent. The Company shall promptly indemnify the Agent and the Security Agent against any cost, loss or liability incurred by the Agent or the Security Agent (acting reasonably) as a result of:
(a) investigating any event which it reasonably believes is a Default; or
(b) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised.
Indemnity to the Agent and the Security Agent. The Borrower shall promptly indemnify the Agent and the Security Agent against any cost, loss or liability incurred by the Agent (acting reasonably) as a result of
(a) investigating any event which it reasonably believes is a Default;
(b) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or
(c) any action taken by the Agent or any of its representatives, agents or contractors in connection with any powers conferred by any Security Document to remedy any breach of any Obligor’s obligations under the Finance Documents.
Indemnity to the Agent and the Security Agent. The Borrower shall promptly indemnify each Indemnified Person against:
(a) any and all Losses (together with any applicable VAT) incurred by that Indemnified Person (acting reasonably) as a result of:
(i) investigating any event which it reasonably believes is a Default;
(ii) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised;
(iii) instructing lawyers, accountants, tax advisers, insurance consultants, ship managers, valuers, surveyors or other professional advisers or experts as permitted under the Finance Documents; or
(iv) any action taken by an Indemnified Person or any of its or their representatives, agents or contractors in connection with any powers conferred by any Security Document to remedy any breach of any Obligor's obligations under the Finance Documents; and
(b) any and all Losses (including, without limitation, in respect of liability, for negligence or any other category of liability whatsoever) (together with any applicable VAT) incurred by an Indemnified Person (otherwise than by reason of that Indemnified Person's gross negligence or wilful default) (or, in the case of any cost, loss or liability pursuant to clause 39.10 (Disruption to payment systems etc.) notwithstanding the Indemnified Person's negligence, gross negligence or any other category of liability whatsoever but not including any claim based on the fraud of an Indemnified Person under the Finance Documents).
Indemnity to the Agent and the Security Agent. The Borrowers shall promptly indemnify the Agent and the Security Agent and any other Finance Party against any cost, loss or liability incurred by the Agent (acting reasonably) as a result of
(a) investigating any event which it reasonably believes is a Default;
(b) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or
(c) in the case of the Agent and the Security Agent, any action taken by the Agent or any of its representatives, agents or contractors in connection with any powers conferred by any Security Document to remedy any breach of any Obligor’s obligations under the Finance Documents.
Indemnity to the Agent and the Security Agent. The Borrowers shall promptly indemnify the Agent and the Security Agent against:
14.3.1 any and all Losses incurred by the Agent or the Security Agent (acting reasonably) as a result of:
(a) without prejudice to clause 34.7.2(a) as extended to the Security Agent by clause 34.22 (Application of certain clauses to Security Agent) investigating any event which it reasonably believes is a Default;
(b) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised;
(c) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; or
(d) any action taken by the Agent or the Security Agent or any of their representatives, agents or contractors in connection with any powers conferred by any Security Document to enforce any Security Interest thereunder or to remedy any breach of any Obligor's obligations under the Finance Documents; and
14.3.2 any cost, loss or liability (including, without limitation, for negligence or any other category of liability whatsoever) incurred by the Agent or the Security Agent (otherwise than by reason of the Agent's or the Security Agent's gross negligence or wilful default) (or, in the case of any cost, loss or liability pursuant to clause 37.11 (
Indemnity to the Agent and the Security Agent. The Borrower shall promptly indemnify the Agent and the Security Agent against:
Indemnity to the Agent and the Security Agent. The Guarantor shall promptly indemnify the Agent and the Security Agent against any cost, loss or liability incurred by the Agent or the Security Agent (acting reasonably) as a result of:
(a) investigating any event which it reasonably believes is a Default;
(b) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised;
(c) taking, holding, protecting or enforcing any Security created pursuant to any Finance Document; or
(d) exercising any of the rights, powers, discretions or remedies vested in it under any Finance Document or by law.
Indemnity to the Agent and the Security Agent. The Borrower shall promptly indemnify the Agent and the Security Agent against any cost, loss or liability incurred by the Agent or the Security Agent (acting reasonably) as a result of:
(a) investigating any event which it reasonably believes is a Default; or
(b) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or
(c) taking, holding, protecting or enforcing any Security created pursuant to any Finance Document; or
(d) exercising any of the rights, powers, discretions or remedies vested in it under any Finance Document or by law.
Indemnity to the Agent and the Security Agent. The Borrowers shall promptly indemnify the Agent and the Security Agent against any cost, loss or liability incurred by the Agent (acting reasonably) as a result of:
(a) investigating any event which it reasonably believes is a Default;
(b) entering into or performing any foreign exchange contract for the purposes of paragraph (b) of Clause 6.3 (Change of currency); or A07131148/0.28/12 Dec 2006
(c) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised.
Indemnity to the Agent and the Security Agent. Each Obligor shall promptly indemnify the Agent and the Security Agent against any cost, loss or liability incurred by the Agent or the Security Agent (acting reasonably) as a result of:
(a) investigating any event which it reasonably believes is a Default;
(b) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised;
(c) the taking, holding, protection or enforcement of the Security created by the Security Documents;
(d) the exercise of any of the rights, powers, discretions and remedies vested in the Agent by the Finance Documents or by law; or
(e) any default by any Obligor in the performance of any of the obligations expressed to be assumed by it in the Finance Documents.
