Indemnity to the Facility Agent. (a) The Borrowers shall within three (3) Business Days of demand, indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent as a result of investigating any event which it reasonably believes is a Default.
Appears in 3 contracts
Samples: Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD)
Indemnity to the Facility Agent. (a) The Borrowers Borrower shall within three (3) Business Days of demand, indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent as a result of investigating any event which it reasonably believes is a Default.
Appears in 2 contracts
Samples: Agreement (GDS Holdings LTD), Agreement (GDS Holdings LTD)
Indemnity to the Facility Agent. (a) The Borrowers shall Borrower shall, within three (3) 3 Business Days of demand, indemnify the Facility Agent against any cost, loss or liability incurred by the Facility Agent as a result (otherwise than by reason of investigating the Facility Agent's gross negligence or wilful misconduct) or, in the case of any event which it reasonably believes is a Default.cost, loss or liability pursuant to Clause 28.11 (
Appears in 1 contract
Samples: Assignment Agreement (DryShips Inc.)
