Common use of Indemnity to the Security Agent Clause in Contracts

Indemnity to the Security Agent. The Borrowers shall promptly indemnify the Security Agent against any cost, loss or liability incurred by the Security Agent (acting reasonably) as a result of:

Appears in 1 contract

Samples: Cascal Facility Agreement (Cascal N.V.)

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Indemnity to the Security Agent. a) The Borrowers shall promptly indemnify the Security Agent against any cost, loss or liability incurred by the Security Agent (acting reasonably) it as a result of:: (i) the taking, holding, protection or enforcement of the Security Documents or any other Finance Documents, (ii) the exercise of any of the rights, powers, discretions and remedies vested in the Security Agent by the Finance Documents or by law; or (iii) any default by an Obligor in the performance of any of the obligations expressed to be assumed by it in the Finance Documents.

Appears in 1 contract

Samples: Facility Agreement (Flex LNG Ltd.)

Indemnity to the Security Agent. (a) The Borrowers Borrower shall promptly indemnify the Security Agent against any cost, loss or liability incurred by the Security Agent (acting reasonably) it as a result of:

Appears in 1 contract

Samples: Madeleine Charging B.V.

Indemnity to the Security Agent. (a) The Borrowers Borrower shall promptly indemnify the Security Agent against any reasonable cost, loss or liability incurred by the Security Agent (acting reasonably) it as a result of:of the taking or holding of the Transaction Security.

Appears in 1 contract

Samples: Hanarotelecom Inc

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Indemnity to the Security Agent. (c) The Borrowers Borrower shall promptly indemnify the Security Agent against any cost, loss or liability incurred by the Security Agent (acting reasonably) as a result of:

Appears in 1 contract

Samples: Coface Facility Agreement (Globalstar, Inc.)

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