BY THEM WITH REGARD TO ANY SUCH TITLE.
22
18.7
INDEMNITY
THE ADMINISTRATIVE AGENT AND EVERY OTHER ATTORNEY, AGENT OR OTHER PERSON
APPOINTED BY THE ADMINISTRATIVE AGENT UNDER THE PROVISIONS OF THIS DEED SHALL BE
ENTITLED TO BE INDEMNIFIED OUT OF THE CHARGED ASSETS IN RESPECT OF ALL
LIABILITIES, COSTS, CHARGES AND EXPENSES PROPERLY INCURRED BY IT OR HIM IN
RELATION TO THIS DEED OR TO THE PREPARATION AND EXECUTION OR PURPORTED EXECUTION
THEREOF OR TO THE CARRYING OUT OF THE TRUSTS OF THIS DEED OR THE EXERCISE OF ANY
TRUSTS, POWERS OR DISCRETIONS VESTED IN IT OR HIM PURSUANT TO THIS DEED AND
AGAINST ALL ACTIONS, PROCEEDINGS, COSTS, CLAIMS AND DEMANDS IN RESPECT OF ANY
MATTER OR THING DONE OR OMITTED IN ANY WAY RELATING TO THIS DEED IN PRIORITY TO
ANY PAYMENTS TO THE SECURED PARTIES AND THE ADMINISTRATIVE AGENT AND THE
ADMINISTRATIVE AGENT MAY RETAIN AND PAY OUT OF ANY MONEYS IN ITS OR HIS HANDS
ARISING FROM THIS DEED ALL SUMS NECESSARY TO EFFECT SUCH INDEMNITY AND ALSO THE
REMUNERATION OF THE ADMINISTRATIVE AGENT (IF ANY). ANY THIRD PARTY REFERRED TO
IN THIS CLAUSE 18.7 MAY ENJOY THE BENEFIT OF OR ENFORCE THE TERMS OF THIS CLAUSE
IN ACCORDANCE WITH THE PROVISIONS OF THE CONTRACTS (RIGHTS OF THIRD PARTIES)
ACT, CHAPTER 53B OF SINGAPORE.
18.8
PERFORMANCE OF COVENANTS
THE ADMINISTRATIVE AGENT IS HEREBY AUTHORISED AND IT IS DECLARED THAT IT IS
ENTITLED TO ASSUME WITHOUT ENQUIRY (IN THE ABSENCE OF KNOWLEDGE BY OR AN EXPRESS
NOTICE TO IT TO THE CONTRARY) THAT THE CHARGOR IS DULY PERFORMING AND OBSERVING
ALL THE COVENANTS AND PROVISIONS CONTAINED IN THIS DEED AND ON ITS PART TO BE
PERFORMED AND OBSERVED AND NOTWITHSTANDING KNOWLEDGE BY OR NOTICE TO THE
ADMINISTRATIVE AGENT OF ANY BREACH OF ANY SUCH COVENANT, CONDITION, PROVISION OR
OBLIGATION IT SHALL BE IN THE DISCRETION OF THE ADMINISTRATIVE AGENT WHETHER TO
TAKE ANY ACTION OR PROCEEDINGS OR TO ENFORCE THE PERFORMANCE THEREOF AND
NOTWITHSTANDING THAT THE SECURITY CONSTITUTED BY THIS DEED SHALL HAVE BECOME
ENFORCEABLE AND THAT IT MAY BE EXPEDIENT TO ENFORCE THE SAME THE ADMINISTRATIVE
AGENT SHALL NOT BE BOUND TO ENFORCE THE SAME OR ANY OF THE COVENANTS,
CONDITIONS, PROVISIONS OR OBLIGATIONS OF THIS DEED UNLESS AND UNTIL IN ANY OF
SUCH CASES THE ADMINISTRATIVE AGENT IS REQUESTED TO DO SO BY THE REQUIRED
LENDERS AND THEN ONLY IF IT SHALL BE INDEMNIFIED TO ITS SATISFACTION AGAINST ALL
ACTIONS, PROCEEDINGS, COSTS, CLAIMS AND DEMANDS TO WHICH IT MAY RENDER ITSELF
LIABLE AND ALL COSTS, CHARGES, DAMAGES AND EXPENSES WHICH IT MAY INCUR BY SO
DOING.
18.9
OTHER TRANSACTIONS
THE ADMINISTRATIVE AGENT AND ANY DIRECTOR OR OFFICER OF ANY CORPORATION BEING A
TRUSTEE PURSUANT TO THIS DEED OR ANY COMPANY OR PERSON IN ANY OTHER WAY
ASSOCIATED WITH THE ADMINISTRATIVE AGENT HEREOF SHALL BE ENTITLED TO ENTER INTO
OR TO BE OTHERWISE INTERESTED IN ANY BANKING, FINANCIAL OR BUSINESS CONTRACTS OR
ANY OTHER TRANSACTIONS OR ARRANGEMENTS WITH THE CHARGOR OR IN CONNECTION WITH
THE