Indemnity Clause Example with 8 Variations from Business Contracts

Indemnity. The Borrower Guarantor agrees to indemnify each of the Bank, each legal entity, if any, who controls, is controlled by or is under common control with the Bank, and each of their respective directors, officers and employees (the "Indemnified Parties"), and to defend and hold each Indemnified Party harmless from and against any and all claims, damages, losses, liabilities and expenses (including all fees and charges of internal or external counsel with whom any Indemnified Party may consult and a...ll expenses of litigation and preparation therefor) (each, a "Claim") which any Indemnified Party may incur or which may be asserted against any Indemnified Party by any person, entity or governmental authority (including any person or entity claiming derivatively on behalf of the Borrower), Guarantor), in connection with or arising out of or relating to the matters referred to in this Note or in the other Loan Documents or the use of any advance hereunder, Guaranty, whether (a) arising from or incurred in connection with any breach of a representation, warranty or covenant by the Borrower, Guarantor, or (b) arising out of or resulting from any suit, action, claim, proceeding or governmental investigation, pending or threatened, whether based on statute, regulation or order, or tort, or contract or otherwise, before any court or governmental authority; provided, however, that the foregoing indemnity agreement shall not apply to any claims, damages, losses, liabilities and expenses Claim that is determined by a court of competent jurisdiction in a final, non-appealable judgment to have been solely attributable to an Indemnified Party's gross negligence or willful misconduct. The indemnity agreement contained in this Section shall survive the termination of this Note, payment of any advance hereunder and the assignment of any rights hereunder. Guaranty. The Borrower Guarantor may participate at its expense in the defense of any such action or claim. Claim. View More

Indemnity. The Borrower Maker agrees to indemnify each of the Bank, each legal entity, if any, who controls, is controlled by or is under common control with the Bank, Holder and each of their respective directors, its managers, officers and employees members (the "Indemnified Parties"), and to defend and hold each Indemnified Party harmless from and against any and all claims, damages, losses, liabilities and expenses (including all reasonable attorney's costs and fees and charges of internal or external ...counsel with whom any Indemnified Party may consult and all expenses of litigation and preparation therefor) which any Indemnified Party may incur or which may be asserted against any Indemnified Party by any person, entity or governmental authority (including any person or entity claiming derivatively on behalf of the Borrower), Maker), in connection with or arising out of or relating to the matters referred to in this Note or in the other Loan Documents or the use of any advance funds advanced hereunder, whether (a) arising from or incurred in connection with any breach of a representation, warranty or covenant by the Borrower, Maker, or (b) arising out of or resulting from any suit, action, claim, proceeding or governmental investigation, pending or threatened, whether based on statute, regulation or order, or tort, or contract or otherwise, before any court or governmental authority; provided, however, that the foregoing indemnity agreement obligation shall not apply to any claims, damages, losses, liabilities and expenses solely attributable to an Indemnified Party's gross negligence or willful misconduct. The indemnity agreement obligation contained in this Section 6 shall survive the termination of this Note, payment of any advance the principal hereunder and the assignment of any rights hereunder. The Borrower may participate at its expense in the defense of any such action or claim. View More

Indemnity. The Borrower Broker/Dealer agrees to indemnify each of the Bank, Lender, each legal entity, if any, who controls, is controlled by or is under common control with the Bank, Lender, and each of their respective directors, officers and employees (the "Indemnified Parties"), and to defend and hold each Indemnified Party harmless from and against any and all claims, damages, losses, liabilities and expenses (including all fees and charges of internal or external counsel with whom any Indemnified Par...ty may consult and all expenses of litigation and preparation therefor) which any Indemnified Party may incur or which may be asserted against any Indemnified Party by any person, entity or governmental authority (including any person or entity claiming derivatively on behalf of the Borrower), Broker/Dealer), in connection with or arising out of or relating to the matters referred to in this Note herein or in the other Loan Documents or the use of any advance hereunder, Advance under this Agreement, whether (a) arising from or incurred in connection with any breach of a representation, warranty or covenant by the Borrower, Broker/Dealer, or (b) arising out of or resulting from any suit, action, claim, proceeding or governmental investigation, pending or threatened, whether based on statute, regulation or order, or tort, or contract or otherwise, before any court or governmental authority; provided, however, that the foregoing indemnity agreement shall not apply to any claims, damages, losses, liabilities and expenses solely attributable to an Indemnified Party's gross negligence or willful misconduct. misconduct as determined by a final judgment of a court of competent jurisdiction. The indemnity agreement contained in this Section shall survive the termination of this Note, Agreement, payment of any advance hereunder Advance under this Agreement and the assignment of any rights hereunder. The Borrower Broker/Dealer may participate at its expense in the defense of any such action or claim. View More

Indemnity. The Borrower Assignor agrees to indemnify each of the Bank, each legal entity, if any, who controls, is controlled by or is under common control with controls the Bank, Bank and each of their respective directors, officers and employees (the "Indemnified Parties"), and to defend and hold each Indemnified Party harmless from and against against, any and all claims, damages, losses, liabilities and expenses (including all fees and charges of internal or external counsel with whom any Indemnified P...arty may consult and all expenses of litigation and preparation therefor) which any Indemnified Party may incur incur, or which may be asserted against any Indemnified Party by any person, entity or governmental authority (including any person or entity claiming derivatively on behalf of the Borrower), Assignor), in connection with or arising out of or relating to the matters referred to in Escrow Agreement or arising out of or by reason of this Note or in the other Loan Documents or the use of any advance hereunder, Assignment, whether (a) arising from or incurred in connection with any breach of a representation, warranty or covenant by the Borrower, Assignor, or (b) arising out of or resulting from any suit, action, claim, proceeding or governmental investigation, pending or threatened, whether based on statute, regulation or order, or tort, or contract or otherwise, before any court or governmental authority; provided, however, that the foregoing indemnity agreement shall not apply to any claims, damages, losses, liabilities and expenses solely attributable to an Indemnified Party's gross negligence or willful misconduct. The indemnity agreement contained in this Section shall survive the termination of this Note, Assignment, payment of any advance hereunder Loan and the assignment of any rights hereunder. The Borrower Assignor may participate at its expense in the defense of any such action or claim. View More

Indemnity. The Borrower Grantor agrees to indemnify each of the Bank, each legal entity, if any, who controls, is controlled by or is under common control with the Bank, and each of their respective directors, officers and employees (the "Indemnified Parties"), and to defend and hold each Indemnified Party harmless from and against any and all claims, damages, losses, liabilities and expenses (including all fees and charges of internal or external counsel with whom any Indemnified Party may consult and all... expenses of litigation and preparation therefor) which any Indemnified Party may incur or which may be asserted against any Indemnified Party by any person, entity or governmental authority (including any person or entity claiming derivatively on behalf of the Borrower), Grantor), in connection with or arising out of or relating to the matters referred to in this Note or in the other Loan Documents Agreement or the use of any advance hereunder, Obligations, whether (a) arising from or incurred in connection with any breach of a representation, warranty or covenant by the Borrower, Grantor, or (b) arising out of or resulting from any suit, action, claim, proceeding or governmental investigation, pending or threatened, whether based on statute, regulation or order, or tort, or contract or otherwise, before any court or governmental authority; provided, however, that the foregoing indemnity agreement shall not apply to any claims, damages, losses, liabilities and expenses solely attributable to an Indemnified Party's gross negligence or willful misconduct. The indemnity agreement contained in this Section shall survive the termination of this Note, Agreement, payment of any advance hereunder the Obligations and the assignment of any rights hereunder. The Borrower Grantor may participate at its expense in the defense of any such action or claim. View More

Indemnity. The Borrower agrees to indemnify each of the Bank, each legal entity, if any, who controls, is controlled by or is under common control with the Bank, and each of their respective directors, officers and employees (the "Indemnified Parties"), and to defend and hold each Indemnified Party harmless from and against any and all claims, damages, losses, liabilities and expenses (including all fees and charges of internal or external counsel with whom any Indemnified Party may consult and all expense...s of litigation and preparation therefor) which any Indemnified Party may incur or which may be asserted against any Indemnified Party by any person, entity or governmental authority (including any person or entity claiming derivatively on behalf of the Borrower), in connection with or arising out of or relating to the matters referred to in this Note or in the other Loan Documents or the use of any advance hereunder, whether (a) arising from or incurred in connection with any breach of a representation, warranty or covenant by the Borrower, or (b) arising out of or resulting from any suit, action, claim, proceeding or governmental investigation, pending or threatened, whether based on statute, regulation or order, or tort, or contract or otherwise, before any court or governmental authority; provided, however, provided that the foregoing such indemnity agreement shall not apply not, as to any Indemnified Party, be available to the extent that such claims, damages, losses, liabilities or expenses (x) are determined by a court of competent jurisdiction by final and expenses solely attributable non-appealable judgment to an Indemnified Party's have resulted from the gross negligence or willful misconduct. misconduct of such Indemnified Party or (y) result from a claim brought by the Borrower against an Indemnified Party for breach in bad faith of such Indemnified Party's obligations hereunder or under any other Loan Document, if the Borrower has obtained a final and non-appealable judgment in its favor on such claim as determined by a court of competent jurisdiction. The indemnity agreement contained in this Section shall survive the termination of this Note, payment of any advance hereunder and the assignment of any rights hereunder. The Borrower may participate at its expense in the defense of any such action or claim. View More

Indemnity. The Each Borrower agrees to indemnify each of the Bank, each legal entity, if any, who controls, is controlled by or is under common control with the Bank, and each of their respective directors, officers and employees (the "Indemnified Parties"), and to defend and hold each Indemnified Party harmless from and against any and all claims, damages, losses, liabilities and expenses (including all fees and charges of internal or external counsel with whom any Indemnified Party may consult and all ex...penses of litigation and preparation therefor) which any Indemnified Party may incur or which may be asserted against any Indemnified Party by any person, entity or governmental authority Governmental Authority (including any person or entity claiming derivatively on behalf of the any Borrower), in connection with or arising out of or relating to the matters referred to in this Note or in the other Loan Documents or the use of any advance hereunder, 31 DOCVARIABLE ndGeneratedStamp 4875-9126-7595, v.3 whether (a) arising from or incurred in connection with any breach of a representation, warranty or covenant by the any Borrower, or (b) arising out of or resulting from any suit, action, claim, proceeding or governmental investigation, pending or threatened, whether based on statute, regulation or order, or tort, or contract or otherwise, before any court or governmental authority; Governmental Authority; provided, however, that the foregoing indemnity agreement shall not apply to any claims, damages, losses, liabilities and expenses solely attributable to an Indemnified Party's gross negligence or willful misconduct. The indemnity agreement contained in this Section shall survive the termination of this Note, payment of any advance hereunder and the assignment of any rights hereunder. The Any Borrower may participate at its expense in the defense of any such action or claim. View More

Indemnity. The Borrower agrees to indemnify each of the Bank, Lender, each legal entity, if any, who controls, is controlled by or is under common control with the Bank, Lender, and each of their respective directors, managers, officers and employees (the "Indemnified Parties"), Parties"). and to defend and hold each -6- Indemnified Party harmless from and against any and all claims, damages, losses, liabilities and expenses (including all fees and charges of internal or external counsel with whom any Inde...mnified Party may consult and all expenses of litigation and preparation therefor) which any Indemnified Party may incur or which may be asserted against any Indemnified Party by any person, entity or governmental authority (including any person or entity claiming derivatively on behalf of the Borrower), in connection with or arising out of or relating to the matters referred to in this Note or in the other Loan Documents Agreement or the use of any advance hereunder, Obligations, whether (a) arising from or incurred in connection with any breach of a representation, warranty or covenant by the Borrower, or (b) arising out of or resulting from any suit, action, claim, proceeding or governmental investigation, pending or threatened, whether based on statute, regulation or order, or tort, or contract or otherwise, before any court or governmental authority; provided, however, that the foregoing indemnity agreement shall not apply to any claims, damages, losses, liabilities and expenses solely attributable to an Indemnified Party's gross negligence or willful misconduct. The indemnity agreement contained in this Section shall survive the termination of this Note, Agreement, payment of any advance hereunder the Obligations and the assignment of any rights hereunder. The Borrower may participate at its expense in the defense of any such action or claim. View More