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

Lenders’ indemnity to the Facility 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 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 it (otherwise than by reason of the Facility Agent’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 27.9 (

Appears in 3 contracts

Samples: And Restatement Agreement (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.)

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Lenders’ indemnity to the Facility 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 within three Business Days of demand, against any cost, loss or liability (including, without limitation, in relation to any FATCA-related liability, for negligence or any other category of liability whatsoever) incurred by it (otherwise than by reason of the Facility Agent’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 27.9 28.9 (

Appears in 3 contracts

Samples: Agreement (Kosmos Energy Ltd.), Kosmos Energy Ltd., Credit Facility Agreement (Kosmos Energy Ltd.)

Lenders’ indemnity to the Facility 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 Facility Agent 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 it the Facility Agent (otherwise than by reason of the Facility Agent’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 27.9 Clause 32.11 (

Appears in 3 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

Lenders’ indemnity to the Facility 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 Facility Agent 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 it the Facility Agent (otherwise than by reason of the Facility Agent’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 27.9 Clause 33.11 (

Appears in 2 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

Lenders’ indemnity to the Facility 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 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 it the Facility Agent (otherwise than by reason of the Facility Agent’s its gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 27.9 Clause 33.10 (

Appears in 2 contracts

Samples: Assignment Agreement (Ardmore Shipping Corp), Facility Agreement (Ardmore Shipping Corp)

Lenders’ indemnity to the Facility 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 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 it (otherwise than by reason of the Facility Agent’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 27.9 28.9 (

Appears in 2 contracts

Samples: Charge Over (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.)

Lenders’ indemnity to the Facility 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 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 it the Facility Agent (otherwise than by reason of the Facility Agent’s its gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 27.9 Clause 36.11 (

Appears in 2 contracts

Samples: Assignment Agreement (Dorian LPG Ltd.), Assignment Agreement (Dorian LPG Ltd.)

Lenders’ indemnity to the Facility 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 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 it the Facility Agent (otherwise than by reason of the Facility Agent’s 's gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 27.9 Clause 29.10 (

Appears in 1 contract

Samples: Facility Agreement (Sigma Aldrich Corp)

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Lenders’ indemnity to the Facility Agent. Each Lender shall (in proportion to its share of the Total Commitments Facilities or, if the Total Commitments are amount of the Facilities is then zero, to its share of the Total Commitments Facilities immediately prior to their reduction to zero) indemnify the Facility Agent 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 it the Facility Agent (otherwise than by reason of the Facility Agent’s 's gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 27.9 32.11 (

Appears in 1 contract

Samples: Agreement (SunOpta Inc.)

Lenders’ indemnity to the Facility 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 Facility Agent 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 it the Facility Agent (otherwise than by reason of the Facility Agent’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 27.9 Clause 34.11 (

Appears in 1 contract

Samples: Agreement (Navios Maritime Partners L.P.)

Lenders’ indemnity to the Facility 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 Facility Agent 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 it the Facility Agent (otherwise than by reason of the Facility Agent’s gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 27.9 Clause 27.11 (

Appears in 1 contract

Samples: Facility Agreement (Randgold Resources LTD)

Lenders’ indemnity to the Facility Agent. Each Lender shall (in proportion to its share of the Total Commitments Facilities or, if the Total Commitments are amount of the Facilities is then zero, to its share of the Total Commitments Facilities immediately prior to their reduction to zero) indemnify the Facility Agent 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 it the Facility Agent (otherwise than by reason of the Facility Agent’s 's gross negligence or wilful misconduct) (or, in the case of any cost, loss or liability pursuant to clause 27.9 Clause 31.10 (

Appears in 1 contract

Samples: Multipurpose Facilities Agreement (SunOpta Inc.)

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