Indemnity to the Facility Agent. Each Obligor shall, on demand, indemnify the Facility Agent against: (a) any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of: (i) investigating any event which it reasonably believes is a Default; or (ii) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or (iii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under the Finance Documents; and (b) any 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 35.11 (
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Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.)
Indemnity to the Facility Agent. Each Obligor Borrower shall, on demand, indemnify the Facility Agent against:
(a) any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of:
(i) investigating any event which it reasonably believes is a Default; or
(ii) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or
(iii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under the Finance Documents; and
(b) any cost, loss or liability (including, without limitation, for negligence or any other category of liability whatsoever) 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 35.11 32.11 (
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Indemnity to the Facility Agent. Each Obligor shall, on demand, indemnify the Facility Agent against:
(a) any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of:
(i) investigating any event which it reasonably believes is a Default; or
(ii) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorisedauthorized; or
(iii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under the Finance Documents; and
(b) any 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 35.11 33.11 (
Appears in 1 contract
Indemnity to the Facility Agent. Each Obligor shall, on demand, indemnify the Facility Agent against:
(a) any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of:
(i) investigating any event which it reasonably believes is a Default; or
(ii) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or
(iii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under the Finance Documents; and
(b) any 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 35.11 (
Appears in 1 contract
Indemnity to the Facility Agent. Each Obligor shall, on demand, indemnify the Facility Agent against:
(a) any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of:
(i) investigating any event which it reasonably believes is a Default; or
(ii) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or
(iii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under the Finance Documents; and
(b) any 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 35.11 34.11 (
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Samples: Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Indemnity to the Facility Agent. Each Obligor shall, on demand, indemnify the Facility Agent against:
(a) any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of:
(i) investigating any event which it reasonably believes is a Default; or
(ii) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or
(iii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under the Finance Documents; and
(b) any 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 35.11 34.11 (
Appears in 1 contract
Samples: Term Loan Facility (Grindrod Shipping Holdings Ltd.)
Indemnity to the Facility Agent. Each Obligor Borrower shall, on demand, indemnify the Facility Agent against:
(a) any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of:
(i) investigating any event which it reasonably believes is a Default; or
(ii) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or
(iii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under the Finance Documents; and
(b) any cost, loss or liability (other than by gross negligence or wilful misconduct) 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 35.11 33.11 (
Appears in 1 contract
Indemnity to the Facility Agent. Each Obligor Borrower shall, on demand, indemnify the Facility Agent against:
(a) any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of:
(i) investigating any event which it reasonably believes is a Default; or
(ii) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or
(iii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers or experts as permitted under the Finance Documents; and
(b) any cost, loss or liability (including, without limitation, for negligence or any other category of liability whatsoever) 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 35.11 33.11 (
Appears in 1 contract
Indemnity to the Facility Agent. Each Obligor shall, on demand, indemnify the Facility Agent against:
(a) any cost, loss or liability incurred by the Facility Agent (acting reasonably) as a result of:
(i) investigating any event which it reasonably believes is a Default; or
(ii) acting or relying on any notice, request or instruction which it reasonably believes to be genuine, correct and appropriately authorised; or
(iii) instructing lawyers, accountants, tax advisers, surveyors or other professional advisers (including, without limitation, insurance consultants) or experts as permitted under the Finance Documents; and
(b) any 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 35.11 36.11 (
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