Common use of Indemnity to the Security Agent Clause in Contracts

Indemnity to the Security Agent. The Company shall on demand indemnify the Security Agent against any cost, loss or liability incurred by the Security Agent (acting reasonably) as a result of: (a) investigating any event which it reasonably believes is an event of default or potential event of default, however described; (b) acting or relying on any notice, request or instruction which it believes to be genuine, correct and appropriately authorised; (c) the protection or enforcement of the Transaction Security, (d) the exercise of any of the rights, powers, discretions and remedies vested in the Security Agent by the Secured Finance Documents or by law; or (e) any default by any Issuer Group Company in the performance of any of the obligations expressed to be assumed by it in the Secured Finance Documents.

Indemnity to the Security Agent. The Company Holdco shall on demand promptly indemnify the Security Agent against any cost, loss or liability incurred by the Security Agent (acting reasonably) as a result of: (a) investigating any event which it reasonably believes is an event of default or potential event of default, however described; (b) acting or relying on any notice, request or instruction which it believes to be genuine, correct and appropriately authorised; (c) the protection or enforcement of the Transaction Security, (d) the exercise of any of the rights, powers, discretions and remedies vested in the Security Agent by the Secured Finance Documents or by law; or (e) any default by any Issuer Group Company in the performance of any of the obligations expressed to be assumed by it in the Secured Finance Documents.

Indemnity to the Security Agent. The Company shall on demand promptly indemnify the Security Agent against any cost, loss or liability incurred by the Security Agent (acting reasonably) as a result of: (a) investigating any event which it reasonably believes is an event of default or potential event of default, however described; (b) acting or relying on any notice, request or instruction which it believes to be genuine, correct and appropriately authorised; (c) the protection or enforcement of the Transaction Security, (d) the exercise of any of the rights, powers, discretions and remedies vested in the Security Agent by the Secured Senior Finance Documents or by law; or (e) any default by any Issuer Group Company in the performance of any of the obligations expressed to be assumed by it in the Secured Senior Finance Documents.

Indemnity to the Security Agent. The Company Issuer shall on demand promptly indemnify the Security Agent against any cost, loss or liability incurred by the Security Agent (acting reasonably) as a result of: (a) investigating any event which it reasonably believes is an event of default or potential event of default, however described; (b) acting or relying on any notice, request or instruction which it believes to be genuine, correct and appropriately authorised; (c) the protection or enforcement of the Transaction Security, (d) the exercise of any of the rights, powers, discretions and remedies vested in the Security Agent by the Secured Finance Documents or by law; or (e) any default by any Issuer Group Company or the Parent in the performance of any of the obligations expressed to be assumed by it in the Secured Finance Documents.

Indemnity to the Security Agent. The Company Issuer shall on demand promptly indemnify the Security Agent against any cost, loss or liability incurred by the Security Agent (acting reasonably) as a result of: (a) investigating any event which it reasonably believes is an event of default or potential event of default, however described; (b) acting or relying on any notice, request or instruction which it believes to be genuine, correct and appropriately authorised; (c) the protection or enforcement of the Transaction Security, (d) the exercise of any of the rights, powers, discretions and remedies vested in the Security Agent by the Secured Senior Finance Documents or by law; or (e) any default by any Issuer Group Company in the performance of any of the obligations expressed to be assumed by it in the Secured Senior Finance Documents.