Parent’s indemnity to Primary Creditors. The Parent shall promptly and as principal obligor indemnify each Primary Creditor against any cost, loss or liability (together with any applicable Indirect Tax), whether or not reasonably foreseeable, incurred by any of them in relation to or arising out of the operation of Clause 17 (Distressed Disposals).
Appears in 5 contracts
Samples: Intercreditor Agreement (Melco Resorts & Entertainment LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)
Parent’s indemnity to Primary Creditors. The Parent shall promptly and as principal obligor indemnify each Primary Creditor against any cost, loss or liability (together with any applicable Indirect TaxVAT), whether or not reasonably foreseeable, incurred by any of them in relation to or arising out of the operation of Clause 17 11 (Distressed DisposalsDisposals and Appropriation).
Appears in 2 contracts
Samples: Intercreditor Agreement (LumiraDx LTD), Intercreditor Agreement (LumiraDx LTD)
Parent’s indemnity to Primary Creditors. The Parent shall promptly and as principal obligor indemnify each Primary Creditor against any cost, loss or liability (together with any applicable Indirect TaxVAT), whether or not reasonably foreseeable, incurred by any of them in relation to or arising out of the operation of Clause 17 13 (Distressed Disposals).
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Parent’s indemnity to Primary Creditors. The Parent shall promptly and as principal obligor indemnify each Primary Creditor against any cost, loss or liability (together with any applicable Indirect TaxVAT), whether or not reasonably foreseeable, incurred by any of them in relation to or arising out of the operation of Clause 17 15 (Distressed Disposals).
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Parent’s indemnity to Primary Creditors. The Parent shall promptly and as principal obligor indemnify each Primary Creditor against any cost, loss or liability (together with any applicable Indirect TaxVAT), whether or not reasonably foreseeable, incurred by any of them in relation to or arising out of the operation of Clause 17 12 (Distressed Disposals).
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