Common use of Indemnity to the Agent Clause in Contracts

Indemnity to the Agent. The Borrowers shall promptly indemnify the Agent against: 14.3.1 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; or (b) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or (c) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; 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 (otherwise than by reason of the Agent's gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to Clause 29.12 (

Appears in 2 contracts

Samples: Secured Loan Facility Agreement (Diana Containerships Inc.), Secured Loan Agreement (Diana Containerships Inc.)

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Indemnity to the Agent. The Borrowers Obligors shall promptly indemnify the Agent against: 14.3.1 (a) any cost, loss or liability incurred by the Agent (acting reasonably) as a result of: (ai) investigating any event which it reasonably believes is a Default; or; (bii) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorisedauthorized; or (ciii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; and 14.3.2 (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) (or, in the case of any cost, loss or liability pursuant to Clause 29.12 31.10 (

Appears in 1 contract

Samples: Revolving Facilities Agreement (Molson Coors Brewing Co)

Indemnity to the Agent. The Borrowers Borrower shall promptly indemnify the Agent against: 14.3.1 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; or (b) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or (c) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; 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 (otherwise than by reason of the Agent's gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to Clause 29.12 30.12 (

Appears in 1 contract

Samples: Secured Loan Agreement (Scorpio Bulkers Inc.)

Indemnity to the Agent. 11.13.1 The Borrowers Borrower shall promptly indemnify the Agent against: 14.3.1 (a) any cost, loss or liability incurred by the Agent (acting reasonably) as a result of: (ai) investigating any event which it reasonably believes is a an Event of Default; or; (bii) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or (ciii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Loan Agreement; and 14.3.2 (b) any reasonable 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 ’s gross negligence or wilful misconduct) (or, in acting as Agent under the case of any cost, loss or liability pursuant to Clause 29.12 (Loan Documents.

Appears in 1 contract

Samples: Loan Agreement (Mereo Biopharma Group PLC)

Indemnity to the Agent. The Borrowers Each Obligor jointly and severally shall promptly indemnify the Agent against: 14.3.1 (a) any cost, loss or liability incurred by the Agent (acting reasonably) as a result of: (ai) investigating any event which it reasonably believes is a Default; or; (bii) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or (ciii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; and 14.3.2 (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 ’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to Clause 29.12 33.9 (

Appears in 1 contract

Samples: Guarantee Facility Agreement (UTAC Holdings Ltd.)

Indemnity to the Agent. The Borrowers Borrower shall promptly indemnify the Agent against: 14.3.1 (a) any cost, loss or liability incurred by the Agent (acting reasonably) as a result of: (ai) investigating any event which it reasonably believes is a Default; or; (bii) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or (ciii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; and 14.3.2 (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 ’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to Clause 29.12 35.11 (

Appears in 1 contract

Samples: Loan Agreement (Melco Crown Entertainment LTD)

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Indemnity to the Agent. The Borrowers Obligors shall promptly indemnify the Agent against: 14.3.1 (a) any cost, loss or liability incurred by the Agent (acting reasonably) as a result of: (ai) investigating any event which it reasonably believes is a Default; or; (bii) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorisedauthorized; or (ciii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; and 14.3.2 (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 ’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to Clause 29.12 31.10 (

Appears in 1 contract

Samples: Unsecured Uncommitted Revolving Facilities Agreement (Molson Coors Brewing Co)

Indemnity to the Agent. The Borrowers shall promptly indemnify the Agent against:: 14. 14.3.1 3.1 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; or or (b) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or or (c) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; and 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 (otherwise than by reason of the Agent's gross negligence or wilful misconduct) (or, in acting as Agent under the case of any cost, loss or liability pursuant to Clause 29.12 (Finance Documents.

Appears in 1 contract

Samples: Secured Loan Agreement (TORM PLC)

Indemnity to the Agent. The Borrowers shall promptly indemnify the Agent against: 14.3.1 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; or (b) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or (c) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under this Agreement; 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 (otherwise than by reason of the Agent's ’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to Clause 29.12 28.12 (

Appears in 1 contract

Samples: Secured Loan Agreement (Genco Shipping & Trading LTD)

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