Indemnity of the Manager. Each Joint Venture Party to the extent of its Percentage Interest undertakes to indemnify the Manager and its directors, officers, employees and agents against and to compensate them for any and all Loss incurred in the performance of any of the Manager's activities under this Agreement and not covered by insurance, provided that such activities are authorised by the provisions of this Agreement and the Manager's performance is in accordance with clause 12.1.
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Sources: Mark Creasy Nullagine Marble Bar Farm in and Joint Venture Agreement for Mining Tenements, Joint Venture Agreement