Common use of Indemnity to the Facility Agent Clause in Contracts

Indemnity to the Facility Agent. The Borrower shall promptly indemnify the Facility Agent against any cost, loss or liability incurred by the Facility 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.

Appears in 11 contracts

Samples: Bridge Facility Agreement (Visteon Corp), Senior Facilities Agreement (Net 1 Ueps Technologies Inc), Multicurrency Revolving Credit Facility Agreement (Schneider Electric Sa)

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Indemnity to the Facility Agent. The Borrower Each Obligor shall promptly on demand, indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a direct result of: (aA) investigating any event which it reasonably believes is a Default; orand (bB) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorisedauthorised by an Obligor.

Appears in 8 contracts

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

Indemnity to the Facility Agent. The Borrower Each Obligor shall promptly indemnify the Facility Agent against any cost, loss or liability incurred by the Facility 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.

Appears in 4 contracts

Samples: Bond Bridge Facility Agreement (Coca-Cola HBC AG), Squeeze Out Facility Agreement (Coca-Cola HBC AG), Bond Bridge Facility Agreement (Coca-Cola HBC AG)

Indemnity to the Facility Agent. The Borrower shall promptly indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of: (a) investigating any event which it reasonably believes is a an Event of Default or Potential Event of Default; or (b) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised.

Appears in 3 contracts

Samples: Term Loan Facility Agreement (China Security & Surveillance Technology, Inc.), Term Loan Facility Agreement (China Security & Surveillance Technology, Inc.), Term Loan Facility Agreement (China Security & Surveillance Technology, Inc.)

Indemnity to the Facility Agent. The Borrower shall promptly indemnify the Facility Agent Agent, upon presentation of duly documented evidence thereof, against any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of: (a) investigating any event which it reasonably believes is a an Event of Default; or (b) acting entering into or relying on performing any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised.foreign exchange contract for the purposes of Clause 6 (Optional Currencies); or

Appears in 2 contracts

Samples: Syndicated Credit Agreement, Credit Agreement (France Telecom /)

Indemnity to the Facility Agent. The Borrower Each Obligor jointly and severally shall promptly indemnify the Facility Agent against any cost, loss or liability incurred by the Facility 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 authorisedauthorised by an Obligor.

Appears in 2 contracts

Samples: Permanent Facility Agreement (Groupe Eurotunnel SA), Permanent Facility Agreement (Groupe Eurotunnel SA)

Indemnity to the Facility Agent. The Borrower shall promptly indemnify the Facility Agent against any actual cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of: (a) investigating any event which it reasonably believes is an Event of Default and upon such investigation such event transpires to be a Default or an Event of Default; or (b) acting or relying on any notice, request or instruction by any party (other than any notice, request or instruction given by any Finance Party) to any Operative Document which it reasonably believes to be genuine, correct and appropriately authorised.

Appears in 2 contracts

Samples: Credit Agreement (Intrepid Aviation LTD), Credit Agreement (Intrepid Aviation LTD)

Indemnity to the Facility Agent. The Borrower Borrowers shall promptly indemnify the Facility Agent against any cost, loss or liability incurred by the Facility 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.

Appears in 2 contracts

Samples: Syndicated Facility Agreement (Equinix Inc), Facility Agreement (Equinix Inc)

Indemnity to the Facility Agent. The Borrower Company shall promptly indemnify the Facility Agent against any reasonable cost, loss or liability incurred by the Facility 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 36.9 (Change of currency); or (bc) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised.

Appears in 1 contract

Samples: Senior Facilities Agreement (NDS Group PLC)

Indemnity to the Facility Agent. The Borrower shall shall, on an After-Tax Basis, promptly indemnify the Facility Agent against any reasonable cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of: (a) 15.3.1 investigating any event which it reasonably believes is a an Event of Default; or (b) 15.3.2 acting or relying on any notice, request or instruction by the Borrower which it reasonably believes to be genuine, correct and appropriately authorisedauthorized.

Appears in 1 contract

Samples: Facility Agreement (Atlas Air Worldwide Holdings Inc)

Indemnity to the Facility Agent. The Borrower Borrowers shall promptly indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of: (a) investigating any event which it reasonably believes is a Default; or (b) entering into or performing any foreign exchange contract for the purposes of Clause 8 (Optional Currencies); or (c) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised.

Appears in 1 contract

Samples: Facilities Agreement (Coca-Cola Hellenic Bottling Co Sa)

Indemnity to the Facility Agent. The Borrower shall promptly must indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result ofof any of the following: (a) investigating Investigating a default. Investigating any event which it reasonably believes is a Default; or (b) acting or relying on any notice, request or instruction which it the Facility Agent reasonably believes to be genuine, correct and appropriately authorisedan Event of Default or a Potential Event of Default.

Appears in 1 contract

Samples: Loan Agreement (Tim Participacoes Sa)

Indemnity to the Facility Agent. The Borrower shall promptly indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of: (a) the Facility Agent investigating any event which it reasonably believes is a Default; or (b) the Facility Agent acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised.

Appears in 1 contract

Samples: Loan Agreement (Tiffany & Co)

Indemnity to the Facility Agent. The Borrower shall promptly indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of: (a) 16.4.1. investigating or taking any other action in connection with any event which it reasonably believes is a an Event of Default; or (b) 16.4.2. acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised.

Appears in 1 contract

Samples: Term and Revolving Credit Facilities Agreement (Harmony Gold Mining Co LTD)

Indemnity to the Facility Agent. The A Borrower shall promptly indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of: (a) investigating any event which it reasonably believes is a Default; or (b) acting entering into or relying on performing any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised.foreign exchange contract for the purposes of Clause 6 (Optional Currencies); or

Appears in 1 contract

Samples: Amendment Agreement (Coca-Cola HBC AG)

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Indemnity to the Facility Agent. The Borrower shall promptly indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of: (a) the Facility Agent investigating any event which it reasonably believes is a Default; or (b) the Facility Agent acting or relying on any notice, request or instruction in respect of the transactions contemplated or financed under this Agreement which it reasonably believes to be genuine, correct and appropriately authorised.

Appears in 1 contract

Samples: Facility Agreement (Tiffany & Co)

Indemnity to the Facility Agent. The Borrower Borrowers shall promptly indemnify the Facility Agent against any reasonable cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of: (a) investigating any event which it reasonably believes is a Default or an Event of Default; or (b) acting entering into or relying on performing any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised.foreign exchange contract for the purposes of Clause 7 (Optional Currencies); or

Appears in 1 contract

Samples: Credit Agreement (Reh Mergersub Inc)

Indemnity to the Facility Agent. The Each Borrower shall promptly indemnify the Facility Agent against any cost, loss or liability reasonably incurred by the Facility Agent (acting reasonably) as a result of: (a) 15.2.1 investigating any event which it reasonably believes is a Default; or (b) 15.2.2 acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised.

Appears in 1 contract

Samples: Facilities Agreement (UTi WORLDWIDE INC)

Indemnity to the Facility Agent. The Borrower shall promptly indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of: (a) 16.4.1 investigating or taking any other action in connection with any event which it reasonably believes is a an Event of Default; or (b) 16.4.2 acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised.

Appears in 1 contract

Samples: Common Terms Agreement (Harmony Gold Mining Co LTD)

Indemnity to the Facility Agent. The Borrower Company shall promptly indemnify the Facility Agent against any reasonable cost, loss or liability incurred by the Facility 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 31.9 (Change of currency); or (bc) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised.

Appears in 1 contract

Samples: Mezzanine Facility Agreement (NDS Group PLC)

Indemnity to the Facility Agent. The Borrower shall promptly indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of: (a) 14.3.1 investigating any event which it reasonably believes is a Default; or (b) 14.3.2 acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised.

Appears in 1 contract

Samples: Facility Agreement (Genesis Lease LTD)

Indemnity to the Facility Agent. The Borrower shall promptly indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of: (a1) investigating or taking any other action in connection with any event which it reasonably believes is a an Event of Default; or (b2) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Harmony Gold Mining Co LTD)

Indemnity to the Facility Agent. The Borrower shall promptly indemnify the Facility Agent against against: (i) any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of: (a) of investigating any event which it reasonably believes is a Default; or (bii) any loss or liability incurred by the Facility Agent (acting reasonably) as a result of acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorisedauthorized.

Appears in 1 contract

Samples: Facility Agreement (PT Indosat TBK)

Indemnity to the Facility Agent. The Borrower Company shall promptly upon written demand indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of: (a) investigating any event which it reasonably believes has reasonable grounds to believe 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) exercising any of the rights, powers, discretions or remedies vested in it under any Finance Document or by law.

Appears in 1 contract

Samples: Mgo Facility Agreement

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