Indemnity to the Facility Agent. The Company shall within 5 Business Days of 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 is a Default; or (b) entering into or performing any foreign exchange contract for the purposes of Clause 6 (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 6 contracts
Samples: Syndicated Revolving Credit Agreement (Koninklijke KPN N V), Syndicated Revolving Credit Agreement (Ibasis Inc), Syndicated Revolving Credit Agreement (Koninklijke KPN N V)
Indemnity to the Facility Agent. The Company shall within 5 Business Days five days of demand indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of:
(a) 21.3.1 investigating any event which it reasonably believes is a Default; or
(b) 21.3.2 entering into or performing any foreign exchange contract for the purposes of Clause 6 8.3 (Optional CurrenciesRevocation of Currency); or
(c) 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: Syndication and Amendment Agreement (Shire PLC), Facilities Agreement (Shuttle Corp)
Indemnity to the Facility Agent. The Company shall within 5 Business Days five days of demand indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of:
(a) 21.3.1 investigating any event which it reasonably believes is a Default; or
(b) 21.3.2 entering into or performing any foreign exchange contract for the purposes of Clause 6 8.3 (Optional CurrenciesRevocation of Currency); or
(c) 21.3.3 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 (Shire PLC)
Indemnity to the Facility Agent. The Company shall shall, within 5 five (5) Business Days of demand duly documented demand, indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of:
(a) 27.3.1 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 6 (Optional Currencies); or
(c) 27.3.2 acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised.
Appears in 1 contract
Indemnity to the Facility Agent. The Company shall Borrower shall, within 5 five Business Days of demand demand, indemnify the Facility Agent against any cost, loss or liability properly 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 6 (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: Facility Agreement (Atmel Corp)