Common use of Indemnity to the Facility Agent Clause in Contracts

Indemnity to the Facility Agent. Each Obligor shall, on demand, indemnify the Facility Agent against any reasonable cost, loss or liability incurred by the Facility Agent (otherwise than by reason of the Facility Agent's gross negligence or wilful misconduct) or, in the case of any cost, loss or liability pursuant to Clause 37.11 (

Appears in 3 contracts

Samples: Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)

AutoNDA by SimpleDocs

Indemnity to the Facility Agent. Each Obligor shall, on demand, indemnify the Facility Agent against any reasonable cost, loss or liability incurred by the Facility Agent (otherwise than by reason of the Facility Agent's gross negligence or wilful misconduct) or, in the case of any cost, loss or liability pursuant to Clause 37.11 38.11 (

Appears in 2 contracts

Samples: Term, Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)

Indemnity to the Facility Agent. Each Obligor shall, on demand, indemnify the Facility Agent against any reasonable cost, loss or liability incurred by the Facility Agent (otherwise than by reason of the Facility Agent's ’s gross negligence or wilful misconduct) or, in the case of any cost, loss or liability pursuant to Clause 37.11 36.11 (

Appears in 1 contract

Samples: Term Loan Facility (Ardmore Shipping Corp)

Indemnity to the Facility Agent. Each Obligor shall, on demand, indemnify the Facility Agent against any reasonable cost, loss or liability incurred by the Facility Agent (otherwise than by reason of the Facility Agent's gross negligence or wilful misconduct) or, in the case of any cost, loss or liability pursuant to Clause 37.11 34.11 (

Appears in 1 contract

Samples: Term Loan Facility (Star Bulk Carriers Corp.)

Indemnity to the Facility Agent. Each Obligor shall, on demand, indemnify the Facility Agent against any reasonable cost, loss or liability incurred by the Facility Agent (otherwise than by reason of the Facility Agent's gross negligence or wilful misconduct) or, in the case of any cost, loss or liability pursuant to Clause 37.11 36.11 (

Appears in 1 contract

Samples: Term Loan Facility (Ardmore Shipping Corp)

AutoNDA by SimpleDocs

Indemnity to the Facility Agent. Each Obligor shall, on demand, indemnify the Facility Agent against any reasonable cost, loss or liability incurred by the Facility Agent (otherwise than by reason of the Facility Agent's ’s gross negligence or wilful misconduct) or, in the case of any cost, loss or liability pursuant to Clause 37.11 38.11 (

Appears in 1 contract

Samples: Term and Accordion Facilities Agreement (Ardmore Shipping Corp)

Indemnity to the Facility Agent. Each Obligor shall, on demand, indemnify the Facility Agent against any reasonable cost, loss or liability incurred by the Facility Agent (otherwise than by reason of the Facility Agent's ’s gross negligence or wilful misconduct) or, in the case of any cost, loss or liability pursuant to Clause 37.11 39.11 (

Appears in 1 contract

Samples: Loan Agreement (Ardmore Shipping Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!