Marvell Technology Group (MRVL)

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.