Common use of Indemnity to the Agent Clause in Contracts

Indemnity to the Agent. The Borrower shall promptly indemnify the Agent against: (a) any cost, loss or liability incurred by the Agent (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; or (iii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; and (b) any cost, loss or liability incurred by the Agent (otherwise than by reason of the Agent’s gross negligence or wilful misconduct) in acting as Agent under the Finance Documents.

Appears in 3 contracts

Samples: Facility Agreement (Madeleine Charging B.V.), Secured Term Loan Facility (Mohegan Tribal Gaming Authority), Secured Term Loan Facility

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Indemnity to the Agent. The Borrower (a) Holdco shall promptly indemnify the Agent against: (ai) any cost, loss or liability incurred by the Agent (acting reasonably) as a result of: (iA) investigating any event which it reasonably believes is a Default; (iiB) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or (iiiC) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; and (bii) any cost, loss or liability incurred by the Agent (otherwise than by reason of the Agent’s gross negligence or wilful misconduct) (or, in acting as Agent under the Finance Documents.case of any cost, loss or liability pursuant to Clause 31.11 (

Appears in 2 contracts

Samples: Unsecured NGN Revolving Credit Facility Agreement (IHS Holding LTD), Unsecured NGN Term Facility Agreement (IHS Holding LTD)

Indemnity to the Agent. (a) The Borrower Company shall (or shall procure that an Obligor will) promptly indemnify the Agent against: (a) against any cost, loss or liability incurred by the Agent (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; or (iii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; and (b) any cost, loss or liability incurred by the Agent (otherwise than by reason of the Agent’s gross negligence or wilful misconduct) in acting as Agent under the Finance Documents.

Appears in 2 contracts

Samples: Facility Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.)

Indemnity to the Agent. The Borrower shall promptly indemnify the Agent against: (a) any cost, loss or liability incurred by the Agent (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; or (iii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; and (b) any cost, loss or liability (including, without limitation, for negligence or any other category of liability whatsoever) incurred by the Agent (otherwise than by reason of the Agent’s gross negligence or wilful misconduct) in acting as Agent under the Finance Documents.,

Appears in 2 contracts

Samples: Syndication and Amendment Agreement (Igate Corp), Facilities Agreement (Igate Corp)

Indemnity to the Agent. The Borrower shall promptly indemnify the Agent against: (a) any cost, loss or liability incurred by the Agent (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; or (iii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; and (b) any cost, loss or liability incurred by the Agent (otherwise than by reason of the Agent’s Agent¶s gross negligence or wilful misconduct) in acting as Agent under the Finance Documents.

Appears in 1 contract

Samples: Secured Term Loan Facility

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Indemnity to the Agent. The Borrower shall promptly indemnify the Agent against: (a) 14.3.1 any cost, loss or liability incurred by the Agent (acting reasonably) as a result of: (ia) investigating any event which it reasonably believes is a Default;; or (iib) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or (iiic) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; and (b) 14.3.2 any cost, loss or liability incurred by the Agent (otherwise than by reason of the Agent’s gross negligence or wilful misconduct) in acting as Agent under the Finance Documents.

Appears in 1 contract

Samples: Secured Loan Agreement (HC2 Holdings, Inc.)

Indemnity to the Agent. The Borrower shall promptly indemnify the Agent against: (a) any cost, fee, expense, loss or liability incurred by the Agent (acting reasonablytogether with any applicable VAT) 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 in good faith to be genuine, correct and appropriately authorisedauthorized; or (iii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; and (b) any cost, loss or liability incurred by the Agent (otherwise than by reason of the Agent’s gross fraud, gross-negligence or wilful willful misconduct) in acting as Agent under the Finance Documents.

Appears in 1 contract

Samples: Facility Agreement (OI S.A. - In Judicial Reorganization)

Indemnity to the Agent. The Borrower Borrowers shall promptly indemnify the Agent against: (a) 14.3.1 any cost, loss or liability incurred by the Agent (acting reasonably) as a result of: (ia) investigating any event which it reasonably believes is a Default;; or (iib) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or (iiic) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; and (b) 14.3.2 any cost, loss or liability incurred by the Agent (otherwise than by reason of the Agent’s gross negligence or wilful misconduct) in acting as Agent under the Finance Documents.

Appears in 1 contract

Samples: Secured Loan Agreement (DHT Holdings, Inc.)

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