Common use of Indemnity to the Agents Clause in Contracts

Indemnity to the Agents. Each Obligor shall promptly on demand, indemnify each Agent against: (A) any cost, loss or liability incurred by that 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 by an Obligor; 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 for negligence or any other category of liability whatsoever) incurred by that Agent (otherwise than by reason of that Agent’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 28.9 (

Appears in 3 contracts

Samples: Revolving Credit Facility Agreement (Kosmos Energy Ltd.), Revolving Credit Facility Agreement (Kosmos Energy Ltd.), Revolving Credit Facility Agreement (Kosmos Energy Ltd.)

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Indemnity to the Agents. Each Obligor shall promptly on demand, indemnify each Agent against: (A) any cost, loss or liability incurred by that 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 by an Obligor; 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 for negligence or any other category of liability whatsoever) incurred by that Agent (otherwise than by reason of that Agent’s 's gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 28.9 34.9 (

Appears in 1 contract

Samples: Loan Agreement (Kosmos Energy Ltd.)

Indemnity to the Agents. Each Obligor shall promptly on demand, indemnify each Agent against: (A) any cost, loss or liability incurred by that 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 by an Obligor; 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 for negligence or any other category of liability whatsoever) incurred by that Agent (otherwise than by reason of that Agent’s 's gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 28.9 Clause 34.9 (

Appears in 1 contract

Samples: Loan Agreement (Kosmos Energy Ltd.)

Indemnity to the Agents. Each Obligor shall promptly on demand, indemnify each Agent against: (A) any cost, loss or liability incurred by that 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 by an Obligor; 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 for negligence or any other category of liability whatsoever) incurred by that Agent (otherwise than by reason of that Agent’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 28.9 (pursuant

Appears in 1 contract

Samples: Deed of Amendment and Restatement (Kosmos Energy Ltd.)

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Indemnity to the Agents. Each Obligor shall promptly on demand, indemnify each Agent against: (A) any cost, loss or liability incurred by that Agent (acting reasonably) as a result of: (i) in relation to the Facility Agent, 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 by an Obligor; 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 for negligence or any other category of liability whatsoever) incurred by that Agent (otherwise than by reason of that Agent’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 28.9 Clause 31.10 (

Appears in 1 contract

Samples: Facility Agreement (Vaalco Energy Inc /De/)

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