Common use of Certain Losses Clause in Contracts

Certain Losses. Upon demand of any Lender setting forth in reasonable detail the amount thereof (with a copy to the Administrative Agent) from time to time, the Borrower shall promptly compensate such Lender for and hold such Lender harmless from any loss, cost or expense incurred by it as a result of any failure of the Borrower to make any payment or prepayment required to be made by it hereunder or following revocation of the notice to make the same.

Appears in 2 contracts

Sources: Bridge Loan Agreement (NTK Holdings, Inc.), Bridge Loan Agreement (NTK Holdings, Inc.)