Common use of Indemnity to the Facility Agent Clause in Contracts

Indemnity to the Facility Agent. The Company 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 20 contracts

Samples: Multipurpose Facilities Agreement (SunOpta Inc.), Term and Revolving Facilities Agreement (ShangPharma Corp), Multipurpose Facilities Agreement (SunOpta Inc.)

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Indemnity to the Facility Agent. The Company 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 (b) acting or relying on any notice, request or instruction made by an Obligor which it reasonably believes to be genuine, correct and appropriately authorised.

Appears in 1 contract

Samples: Loan Agreement (Intercontinental Hotels Group PLC /New/)

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Indemnity to the Facility Agent. The Company 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 1 contract

Samples: Multicurrency Revolving Facility Agreement (H Lundbeck a S)

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