To Security Trustee. The Security Trustee shall at all times, after the enforcement of the security constituted by this Charge, be held harmless and be indemnified by the Borrower from and against all actions, losses, claims, proceedings, costs, demands and liabilities suffered by the Security Trustee as a result of the enforcement of the security constituted by this Charge (including but not limited to all those powers vested in the Security Trustee under or pursuant to Clause 7) unless such actions, losses, claims, proceedings, costs, demands and liabilities shall have arisen, whether directly or indirectly, out of the Security Trustee's wilful default or negligence.
Appears in 2 contracts
Samples: Chartered Semiconductor Manufacturing LTD, Chartered Semiconductor Manufacturing LTD
To Security Trustee. The Security Trustee shall at all times, times after the enforcement of the security constituted by this Charge, Charge be held harmless and be indemnified by the Borrower from and against all actions, losses, claims, proceedings, costs, demands and liabilities suffered by the Security Trustee as a result of the enforcement of the security constituted by this Charge (including but not limited to all those powers vested in the Security Trustee under or pursuant to Clause 7) 8) unless such actions, losses, claims, proceedings, costs, demands and liabilities shall have arisen, whether directly or indirectly, out of the Security Trustee's wilful default or negligence.
Appears in 2 contracts
Samples: Chartered Semiconductor Manufacturing LTD, Chartered Semiconductor Manufacturing LTD