Sections 2
(a) In addition to the payment of expenses pursuant to Point nine.2 and the indemnification given pursuant to 19(e) and 8.5, whether or not the transactions contemplated hereby shall be consummated, Company agrees to defend (subject to Indemnitees’ selection of counsel), indemnify, pay and hold harmless, each Affected Party and each Lender, their Affiliates and their respective officers, partners, directors, trustees, employees and agents and persons identified in the last sentence of Section dos.4(b) hereof (each, an “Indemnitee”), from and against any and all Indemnified Liabilities, in all cases, whether or not caused by or arising, in whole or in part, out of the comparative, contributory, or sole negligence of such INDEMNITEE excluding any amounts in respect of claims for taxes not otherwise payable by Company under Section dos.16(b)(iii); provided, Company shall not have any obligation to any Indemnitee hereunder with respect to any Indemnified Liabilities to the extent such Indemnified Liabilities arise from the gross negligence, bad faith or willful misconduct, as determined by a court of competent jurisdiction in a final non-appealable order of that Indemnitee. Part 9.step three may be unenforceable in whole or in part because they are violative of any law or public policy, Company shall contribute the maximum portion that it is permitted to pay and satisfy under applicable law to the payment and satisfaction of all Indemnified Liabilities incurred by Indemnitees or any of them. Indemnification of an Affected Party is subject to and not in addition to the indemnification provided pursuant to Part 2.19(e) and 8.5.
(b) For the extent let of the applicable legislation, Business shall perhaps not assert, and you will Company hereby waives, any allege against any Inspired People otherwise Bank as well as their respective Affiliates, administrators, employees, attorneys or agents, towards the any theory regarding responsibility, for unique, secondary, consequential otherwise punitive damages (in the place of direct otherwise genuine damage) (if the allege therefor is dependant on package, tort otherwise responsibility implemented because of the people appropriate courtroom requirement) occurring regarding, to the, down to, or in any way related to, that it Agreement or any Credit File otherwise one contract or software considered hereby or and thus otherwise regarded here otherwise therein, the newest purchases contemplated hereby or and thus, one Loan or perhaps the payday loans in Calhan use of the continues thereof or one act otherwise omission otherwise skills taking place within the commitment therewith, and Organization hereby waives, launches and you will believes to not ever adult abreast of these allege otherwise any such injuries, even if accrued and though understood otherwise thought to survive in choose.
Without any authored concur of any Financial (aside from a good Defaulting Lender) that might be affected thereby, zero amendment, modification, termination, or agree will likely be effective should your perception thereof create:
(a) Expected Lenders’ Agree. Subject to Sections nine.4(b) and 9.4(c), no amendment, modification, termination or waiver of any provision of the Credit Documents, or consent to any departure by Company or Seller therefrom, shall in any event be effective without the written concurrence of Company, Administrative Agent and the Requisite Lenders.
(iii) reduce the rate of interest on any Loan (other than any waiver of any increase in the interest rate applicable to any Loan pursuant to Section 2.8) or any fee payable hereunder;
(vi) (x) amend the definition of “Borrowing Base” or (y) amend, modify, terminate or waive Part dos.twelve, Area 2.13 or Part dos.14 or any provision of this Section 9.4(b) or Part nine.4(c);
(vii) amend the definition of “Requisite Lenders” “Exposure,” “Pro Rata Share,” “Advance Rate,” “Availability,” or any definition used therein; provided, with the consent of Administrative Agent, Company and the Requisite Lenders, additional extensions of credit pursuant hereto may be included in the determination of “Requisite Lenders” or “Pro Rata Share” on substantially the same basis as the Commitments and the Loans are included on the Closing Date;