Indemnity to the Facility Agent. Each Obligor shall, within 5 Business Days of demand, indemnify each Indemnified Person against: (a) any cost, loss or liability incurred by the Facility Agent as a result of: (i) investigating (acting on the instructions of the Majority Lenders) any event which the Majority Lenders reasonably believe is a Default; or (ii) acting or relying on any notice, request or instruction which the Majority Lenders reasonably believe 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 or as may be required by the Majority Lenders; and (b) any cost, loss or liability incurred by any Indemnified Person (otherwise than by reason of that Indemnified Person's gross negligence or wilful misconduct) or, in the case of any cost, loss or liability pursuant to Clause 33.11 (
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Samples: Facility Agreement (United Maritime Corp), Term Loan Facility (Seanergy Maritime Holdings Corp.)
Indemnity to the Facility Agent. Each Obligor shall, within 5 Business Days of demand, indemnify each Indemnified Person against:
(a) any cost, loss or liability incurred by the Facility Agent as a result of:
(i) investigating (acting on the instructions of the Majority Lenders) any event which the Majority Lenders reasonably believe is a Default; or
(ii) acting or relying on any notice, request or instruction which the Majority Lenders reasonably believe 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 or as may be required by the Majority Lenders; and
(b) any cost, loss or liability incurred by any Indemnified Person (otherwise than by reason of that Indemnified Person's ’s gross negligence or wilful misconduct) or, in the case of any cost, loss or liability pursuant to Clause 33.11 35.11 (
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Indemnity to the Facility Agent. Each Obligor shall, within 5 Business Days of on demand, indemnify each Indemnified Person against:
(a) any cost, loss or liability incurred by the Facility Agent as a result of:
(i) investigating (acting on the instructions of the Majority Lenders) any event which the Majority Lenders reasonably believe is a Default; or
(ii) acting or relying on any notice, request or instruction which the Majority Lenders reasonably believe 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 or as may be required by the Majority Lenders; and
(b) any cost, loss or liability incurred by any the Indemnified Person (otherwise than by reason of that the Indemnified Person's ’s gross negligence or wilful misconduct) or, in the case of any cost, loss or liability pursuant to Clause 33.11 33.11 (
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Indemnity to the Facility Agent. Each Obligor shall, within 5 Business Days of on demand, indemnify each Indemnified Person against:
(a) any cost, loss or liability incurred by the Facility Agent as a result of:
(i) investigating (acting on the instructions of the Majority Lenders) any event which the Majority Lenders reasonably believe is a Default; or
(ii) acting or relying on any notice, request or instruction which the Majority Lenders reasonably believe 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 or as may be reasonably required by the Majority Lenders; and
(b) any cost, loss or liability incurred by any Indemnified Person (otherwise than by reason of that Indemnified Person's ’s gross negligence or wilful misconduct) or, in the case of any cost, loss or liability pursuant to Clause 33.11 32.11 (
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Indemnity to the Facility Agent. Each Obligor shall, within 5 Business Days of demand, indemnify each Indemnified Person against:
(a) any cost, loss or liability incurred by the Facility Agent as a result of:
(i) investigating (acting on the instructions of the Majority Lenders) any event which the Majority Lenders reasonably believe is a Default; or
(ii) acting or relying on any notice, request or instruction which the Majority Lenders reasonably believe 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 or as may be required by the Majority Lenders; and
(b) any cost, loss or liability incurred by any Indemnified Person (otherwise than by reason of that Indemnified Person's gross negligence or wilful misconduct) or, in the case of any cost, loss or liability pursuant to Clause 33.11 35.11 (
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