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

Lenders’ indemnity to the Facility Agent and the Security Agent. 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 Facility Agent and the Security Agent, within three (3) Business Days of demand, against any cost, loss or liability incurred by the Facility Agent or the Security Agent (otherwise than by reason of the gross negligence or wilful misconduct of the Facility Agent or the Security Agent) in acting as Facility Agent or Security Agent under the Finance Documents (unless the Facility Agent or Security Agent has been reimbursed by the Borrower pursuant to a Finance Document).

Lenders’ indemnity to the Facility Agent and the Security Agent. 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 Facility Agent and the Security Agent, within three (3) Business Days of demand, against any cost, loss or liability incurred by the Facility Agent or the Security Agent (otherwise than by reason of the gross negligence or wilful willful misconduct of the Facility Agent or the Security Agent) in acting as Facility Agent or Security Agent under the Finance Documents (unless the Facility Agent or Security Agent has been reimbursed by the Borrower pursuant to a Finance Document).

Lenders’ indemnity to the Facility Agent and the Security Agent. 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 each of the Facility Agent and the Security Agent, within three (3) Business Days of demand, against any cost, loss or liability incurred by the Facility Agent or the Security Agent (otherwise than by reason of the Facility Agent’s or the Security Agent’s gross negligence or wilful misconduct of the Facility Agent or the Security Agentmisconduct) in acting as Facility Agent or as Security Agent under the Finance Documents (unless the Facility Agent or the Security Agent has been reimbursed by the Borrower an Obligor pursuant to a Finance Document).