Common use of Lenders’ indemnity to the Agent and the Security Agent Clause in Contracts

Lenders’ indemnity to the Agent and the Security Agent. (a) Each Lender shall (in proportion to its share of the Total Commitments or, if the Total Commitments are then zero, to its share of the Total Commitments immediately prior to their reduction to zero) indemnify the Agent, the Security Agent and every Receiver and every Delegate, within three Business Days of demand, against any cost, loss or liability (including, without limitation, for negligence or any other category of liability whatsoever) incurred by any of them (otherwise than by reason of the Agent’s, Security Agent’s, Receiver’s or Delegate’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to Clause ‎33.11 (

Appears in 2 contracts

Samples: Facility Agreement (NorthStar Healthcare Income, Inc.), Facility Agreement (Northstar Realty Finance Corp.)

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Lenders’ indemnity to the Agent and the Security Agent. (a) Each Lender shall (in proportion to its share of the Total Commitments or, if the Total Commitments are then zero, to its share of the Total Commitments immediately prior to their reduction to zero) indemnify the Agent, Agent and the Security Agent and every Receiver and every DelegateAgent, within three Business Days of demand, against any cost, loss or liability (including, without limitation, for negligence or any other category of liability whatsoever) incurred by any of them the Agent or the Security Agent, as the case may be (otherwise than by reason of the Agent’sfraud, Security Agent’s, Receiver’s or Delegate’s gross negligence or wilful misconductmisconduct of the Agent or the Security Agent) (or, in the case of any cost, loss or liability pursuant to Clause ‎33.11 31.11 (

Appears in 2 contracts

Samples: Facilities Agreement (Igate Corp), Facilities Agreement (Igate Corp)

Lenders’ indemnity to the Agent and the Security Agent. (a) Each Lender shall (in proportion to its share of the Total Commitments or, if the Total Commitments are then zero, to its share of the Total Commitments immediately prior to their reduction to zero) indemnify the Agent, the Security Agent and every Receiver and every Delegate, within three Business Days of demand, against any cost, loss or liability (including, without limitation, for negligence or any other category of liability whatsoever) incurred by any of them (otherwise than by reason of the Agent’s, Security Agent’s, ’s Receiver’s or Delegate’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to Clause ‎33.11 29.10 (

Appears in 1 contract

Samples: Facility Agreement (American Realty Capital Global Trust II, Inc.)

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Lenders’ indemnity to the Agent and the Security Agent. (a) Each Lender shall (in proportion to its share of the Total Commitments or, if the Total Commitments are then zero, to its share of the Total Commitments immediately prior to their reduction to zero) indemnify the Agent, Agent and the Security Agent and every Receiver and every DelegateAgent, within three Business Days of demand, against any cost, loss or liability (including, without limitation, for negligence or any other category of liability whatsoever) incurred by any of them the Agent or the Security Agent (otherwise than by reason of the Agent’s, ’s or the Security Agent’s, Receiver’s or Delegate’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to Clause ‎33.11 26.10 (

Appears in 1 contract

Samples: Agreement (Aluminum Corp of China)

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