Common use of Risk Bearing; Exemption, Compensation, and Indemnification Clause in Contracts

Risk Bearing; Exemption, Compensation, and Indemnification. (a) If any documents furnished by the Borrower to the Lender have been lost, destroyed, or damaged for any unavoidable reasons such as incidents or natural disasters, the Borrower shall, upon consultation with the Lender, perform its obligations under this Agreement based on the records, such as books and vouchers, of the Lender. The Borrower shall, upon request of the Lender forthwith prepare substitute documents and furnish them to the Lender.

Appears in 6 contracts

Samples: Uncommitted Revolving Credit Facility Agreement, Uncommitted Revolving Credit Facility Agreement, Uncommitted Revolving Credit Facility Agreement (Spansion Inc.)

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Risk Bearing; Exemption, Compensation, and Indemnification. (ai) If any documents furnished by the Borrower to the Lender have been lost, destroyed, or damaged for any unavoidable reasons such as incidents or natural disasters, the Borrower shall, upon consultation with the Lender, perform its obligations under this Agreement based on the records, such as books and vouchers, of the Lender. The Borrower shall, upon request of the Lender Lender, forthwith prepare substitute documents and furnish them to the Lender.

Appears in 1 contract

Samples: Loan Agreement (Takeda Pharmaceutical Co LTD)

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