Common use of Reimbursement and indemnity by Banks Clause in Contracts

Reimbursement and indemnity by Banks. Each Bank shall reimburse the Agent (rateably in accordance with such Bank’s Commitment or, if after the drawdown of the first Advance to be drawn down, in accordance with such Bank’s Contribution), to the extent that the Agent is not reimbursed by the Borrowers, for the costs, charges and expenses incurred by the Agent which are expressed to be payable by the Borrowers under clause 5.1 including (in each case) the fees and expenses of legal or other professional advisers. Each Bank shall on demand indemnify the Agent (rateably in accordance with such Bank’s Commitment or, if after the drawdown of the first Advance to be drawn down, in accordance with such Bank’s Contribution) against all liabilities, damages, costs and claims whatsoever incurred by the Agent in connection with any of the Security Documents or the performance of its duties under any of the Security Documents or any action taken or omitted by the Agent under any of the Security Documents, unless such liabilities, damages, costs or claims arise from the Agent’s own gross negligence or wilful misconduct.

Reimbursement and indemnity by Banks. Each Bank shall reimburse the Agent (rateably in accordance with such Bank’s Commitment or, if after the drawdown of the first Advance to be drawn downdrawdown, in accordance with such Bank’s Contribution), to the extent that the Agent is not reimbursed by the Borrowers, for the costs, charges and expenses incurred by the Agent which are expressed to be payable by the Borrowers under clause 5.1 5.2 including (in each case) the fees and expenses of legal or other professional advisers. Each Bank shall on demand indemnify the Agent (rateably in accordance with such Bank’s Commitment or, if after the drawdown of the first Advance to be drawn downdrawdown, in accordance with such Bank’s Contribution) against all liabilities, damages, costs and claims whatsoever incurred by the Agent in connection with any of the Security Documents or the performance of its duties under any of the Security Documents or any action taken or omitted by the Agent under any of the Security Documents, unless such liabilities, damages, costs or claims arise from the Agent’s own gross negligence or wilful misconduct.

Reimbursement and indemnity by Banks. Each Bank shall reimburse the Agent (rateably in accordance with such Bank’s Commitment or, if after the drawdown of following the first Advance to be drawn downdrawdown, in accordance with such Bank’s Contribution), to the extent that the Agent is not reimbursed by the Borrowers, for the costs, charges and expenses incurred by the Agent which are expressed to be payable by the Borrowers under clause 5.1 5.2 including (in each case) the fees and expenses of legal or other professional advisers. Each Bank shall on demand indemnify the Agent (rateably in accordance with such Bank’s Commitment or, if after the drawdown of following the first Advance to be drawn downdrawdown, in accordance with such Bank’s Contribution) against all liabilities, damages, costs and claims whatsoever incurred by the Agent in connection with any of the Security Documents or the performance of its duties under any of the Security Documents or any action taken or omitted by the Agent under any of the Security Documents, unless such liabilities, damages, costs or claims arise from the Agent’s own gross negligence or wilful misconduct.

Reimbursement and indemnity by Banks. Each Bank shall reimburse the Agent (rateably in accordance with such Bank’s 's Commitment or, if after the drawdown of the first Advance to be drawn down, in accordance with such Bank’s 's Contribution), to the extent that the Agent is not reimbursed by the Borrowers, for the costs, charges and expenses incurred by the Agent which are expressed to be payable by the Borrowers under clause 5.1 including (in each case) the fees and expenses of legal or other professional advisers. Each Bank shall on demand indemnify the Agent (rateably in accordance with such Bank’s 's Commitment or, if after the drawdown of the first Advance to be drawn down, in accordance with such Bank’s 's Contribution) against all liabilities, damages, costs and claims whatsoever incurred by the Agent in connection with any of the Security Documents or the performance of its duties under any of the Security Documents or any action taken or omitted by the Agent under any of the Security Documents, unless such liabilities, damages, costs or claims arise from the Agent’s 's own gross negligence or wilful misconduct.

Reimbursement and indemnity by Banks. Each Bank shall reimburse the Agent (rateably rateably, if prior to the first drawdown, in accordance with such Bank’s aggregate Commitment or, if after the drawdown of the first Advance to be drawn downdrawdown, in accordance with such Bank’s Contribution), to the extent that the Agent is not reimbursed by the Borrowers, for the costs, charges and expenses incurred by the Agent which are expressed to be payable by the Borrowers under clause 5.1 including (in each case) the fees and expenses of legal or other professional advisers. Each Bank shall on demand indemnify the Agent (rateably rateably, if prior to the first drawdown, in accordance with such Bank’s aggregate Commitment or, if after the drawdown of the first Advance to be drawn downdrawdown, in accordance with such Bank’s Contribution) against all liabilities, damages, costs and claims whatsoever incurred by the Agent in connection with any of the Security Documents or the performance of its duties under any of the Security Documents or any action taken or omitted by the Agent under any of the Security Documents, unless such liabilities, damages, costs or claims arise from the Agent’s own gross negligence or wilful misconduct.

Reimbursement and indemnity by Banks. Each Bank shall reimburse the Agent (rateably in accordance with such Bank’s 's Commitment or, if after the drawdown of the first Advance to be drawn downdrawdown, in accordance with such Bank’s Contribution), to the extent that the Agent is not reimbursed by the Borrowers, for the costs, charges and expenses incurred by the Agent which are expressed to be payable by the Borrowers under clause 5.1 including (in each case) the fees and expenses of legal or other professional advisers. Each Bank shall on demand indemnify the Agent (rateably in accordance with such Bank’s 's Commitment or, if after the drawdown of the first Advance to be drawn downdrawdown, in accordance with such Bank’s Contribution) against all liabilities, damages, costs and claims whatsoever incurred by the Agent in connection with any of the Security Documents or the performance of its duties under any of the Security Documents or any action taken or omitted by the Agent under any of the Security Documents, unless such liabilities, damages, costs or claims arise from the Agent’s 's own gross negligence or wilful misconduct.

Reimbursement and indemnity by Banks. Each Bank shall reimburse the Agent (rateably in accordance with such Bank’s Commitment or, if after the drawdown of the first Advance to be drawn downdrawdown, in accordance with such Bank’s Contribution), ) to the extent that the Agent is not reimbursed by the Borrowers, for the costs, charges and expenses incurred by the Agent which are expressed to be payable by the Borrowers under clause 5.1 including (in each case) the fees and expenses of legal or other professional advisers. Each Bank shall on demand indemnify the Agent (rateably in accordance with such Bank’s Commitment or, if after the drawdown of the first Advance to be drawn downdrawdown, in accordance with such Bank’s Contribution) against all liabilities, damages, costs and claims whatsoever incurred by the Agent in connection with any of the Security Documents or the performance of its duties under any of the Security Documents or any action taken or omitted by the Agent under any of the Security Documents, unless such liabilities, damages, costs or claims arise from the Agent’s own gross negligence or wilful misconduct.

Reimbursement and indemnity by Banks. Each Bank shall reimburse the Agent (rateably in accordance with such Bank’s Commitment or, if after the drawdown of the first Advance to be drawn downdrawdown, in accordance with such Bank’s its Contribution), to the extent that the Agent is not reimbursed by the Borrowers, for the costs, charges and expenses incurred by the Agent which are expressed to be payable by the Borrowers under clause 5.1 including (in each case) the fees and expenses of legal or other professional advisers. Each Bank shall on demand indemnify the Agent (rateably in accordance with such Bank’s Commitment or, if after the drawdown of the first Advance to be drawn downdrawdown, in accordance with such Bank’s its Contribution) against all liabilities, damages, costs and claims whatsoever incurred by the Agent in connection with any of the Security Documents or the performance of its duties under any of the Security Documents or any action taken or omitted by the Agent under any of the Security Documents, unless such liabilities, damages, costs or claims arise from the Agent’s own gross negligence or wilful misconduct.

Reimbursement and indemnity by Banks. Each Bank shall reimburse the Agent (rateably in accordance with such Bank’s 's Commitment or, if after the drawdown of following the first Advance to be drawn downdrawdown, in accordance with such Bank’s Contribution), to the extent that the Agent is not reimbursed by the Borrowers, for the costs, charges and expenses incurred by the Agent which are expressed to be payable by the Borrowers under clause 5.1 including (in each case) the fees and expenses of legal or other professional advisers. Each Bank shall on demand indemnify the Agent (rateably in accordance with such Bank’s 's Commitment or, if after the drawdown of following the first Advance to be drawn downdrawdown, in accordance with such Bank’s Contribution) against all liabilities, damages, costs and claims whatsoever incurred by the Agent in connection with any of the Security Documents or the performance of its duties under any of the Security Documents or any action taken or omitted by the Agent under any of the Security Documents, unless such liabilities, damages, costs or claims arise from the Agent’s 's own gross negligence or wilful misconduct.

Reimbursement and indemnity by Banks. Each Bank shall reimburse the Agent (rateably in accordance with such Bank’s 's Commitment or, if after the drawdown of following the first Advance to be drawn downdrawdown, in accordance with such Bank’s Contribution), to the extent that the Agent is not reimbursed by the Borrowers, for the costs, charges and expenses incurred by the Agent which are expressed to be payable by the Borrowers under clause 5.1 5.2 including (in each case) the fees and expenses of legal or other professional advisers. Each Bank shall on demand indemnify the Agent (rateably in accordance with such Bank’s 's Commitment or, if after the drawdown of following the first Advance to be drawn downdrawdown, in accordance with such Bank’s Contribution) against all liabilities, damages, costs and claims whatsoever incurred by the Agent in connection with any of the Security Documents or the performance of its duties under any of the Security Documents or any action taken or omitted by the Agent under any of the Security Documents, unless such liabilities, damages, costs or claims arise from the Agent’s 's own gross negligence or wilful misconduct.