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 and the Security Agent, 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 the Agent or the Security Agent, as the case may be (otherwise than by reason of the fraud, gross negligence or wilful misconduct of the Agent or the Security Agent) (or, in the case of any cost, loss or liability pursuant to Clause 31.11 (

Appears in 2 contracts

Samples: Syndication and Amendment Agreement (Igate Corp), Facilities Agreement (Igate 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, the Security Agent and the Security Agentevery 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 the Agent or the Security Agent, as the case may be any of them (otherwise than by reason of the fraudAgent’s, Security Agent’s, Receiver’s or Delegate’s gross negligence or wilful misconduct of the Agent or the Security Agentmisconduct) (or, in the case of any cost, loss or liability pursuant to Clause 31.11 ‎33.11 (

Appears in 2 contracts

Samples: Facility Agreement (NorthStar Healthcare Income, Inc.), Facility Agreement (Northstar Realty Finance 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 the Security Agentevery 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 the Agent or the Security Agent, as the case may be any of them (otherwise than by reason of the fraudAgent’s, Security Agent’s Receiver’s or Delegate’s gross negligence or wilful misconduct of the Agent or the Security Agentmisconduct) (or, in the case of any cost, loss or liability pursuant to Clause 31.11 29.10 (

Appears in 1 contract

Samples: Mezzanine 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 and the Security Agent, 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 the Agent or the Security Agent, as the case may be Agent (otherwise than by reason of the fraud, Agent’s or the Security Agent’s gross negligence or wilful misconduct of the Agent or the Security Agentmisconduct) (or, in the case of any cost, loss or liability pursuant to Clause 31.11 26.10 (

Appears in 1 contract

Samples: Senior Secured Facility Agreement (Aluminum Corp of China)

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