{"component": "clause", "props": {"groups": [{"snippet": "The Company hereby agrees to indemnify and hold the Custodian harmless from and against all claims, liabilities, losses, actions, suits or proceedings at law or in equity, or any other expenses, fees or charges of any character or nature, which the Custodian may incur or with which the Custodian may be threatened by reason of its acting as custodian under this Agreement, including indemnification of the Custodian against any and all expenses, including attorney's fees if counsel for the Custodian has been approved by the Company, and the cost of defending any action, suit or proceedings or resisting any claim. Notwithstanding the foregoing, it is specifically understood and agreed that in the event any such claim, liability, loss, action, suit or proceeding or other expense, fee or charge shall have been caused by reason of any negligent act, negligent failure to act or willful misconduct on the part of the Custodian, or which shall constitute a willful breach of its duties hereunder, the indemnification provisions of this Agreement shall not apply.", "snippet_links": [{"key": "the-company-hereby", "type": "clause", "offset": [0, 18]}, {"key": "indemnify-and-hold", "type": "clause", "offset": [29, 47]}, {"key": "all-claims", "type": "definition", "offset": [88, 98]}, {"key": "proceedings-at-law-or-in-equity", "type": "clause", "offset": [139, 170]}, {"key": "other-expenses", "type": "definition", "offset": [179, 193]}, {"key": "fees-or-charges", "type": "clause", "offset": [195, 210]}, {"key": "the-custodian-may", "type": "clause", "offset": [245, 262]}, {"key": "indemnification-of-the-custodian", "type": "clause", "offset": [384, 416]}, {"key": "counsel-for-the", "type": "clause", "offset": [476, 491]}, {"key": "by-the-company", "type": "clause", "offset": [520, 534]}, {"key": "cost-of", "type": "definition", "offset": [544, 551]}, {"key": "any-action", "type": "definition", "offset": [562, 572]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [618, 647]}, {"key": "understood-and-agreed-that", "type": "clause", "offset": [668, 694]}, {"key": "in-the-event", "type": "clause", "offset": [695, 707]}, {"key": "suit-or-proceeding", "type": "clause", "offset": [749, 767]}, {"key": "caused-by", "type": "clause", "offset": [816, 825]}, {"key": "failure-to-act", "type": "clause", "offset": [865, 879]}, {"key": "willful-misconduct", "type": "clause", "offset": [883, 901]}, {"key": "breach-of", "type": "clause", "offset": [968, 977]}, {"key": "provisions-of-this-agreement", "type": "clause", "offset": [1020, 1048]}], "samples": [{"hash": "latGCSfMAO", "uri": "/contracts/latGCSfMAO#2indemnification", "label": "Pooling and Servicing Agreement (RASC Series 2007-Ks2 Trust)", "score": 21.0, "published": true}, {"hash": "hKbNsTZdi9A", "uri": "/contracts/hKbNsTZdi9A#2indemnification", "label": "Pooling and Servicing Agreement (RASC Series 2006-Ks5 Trust)", "score": 21.0, "published": true}, {"hash": "gPGOpLMwQ3N", "uri": "/contracts/gPGOpLMwQ3N#2indemnification", "label": "Pooling and Servicing Agreement (RASC Series 2006-Ks5 Trust)", "score": 21.0, "published": true}], "size": 9, "hash": "07761388b975e9f274abfa9f069bf1ca", "id": 2}, {"snippet": "Borrower will INDEMNIFY, PROTECT, HOLD HARMLESS, and defend Lender, its successors, assigns and shareholders (including corporate shareholders), and the directors, officers, employees, servants and agents of any of the foregoing, for, from and against: (a) any and all liability, damage, penalties, or fines, loss, costs or expenses (including court costs and attorneys' fees, whether incurred in a third party action or in an action to enforce this Agreement), claims, demands, suits, proceedings (whether civil or criminal), orders, judgments, penalties, fines and other sanctions whatsoever asserted against it as a result of actions, claims, counterclaims, fines, penalties or otherwise and arising from or brought in connection with the Timeshare Project, the Collateral, Lender's status by virtue of the Loan Documents, sales of Timeshare Inventory or the financing of such sales, in either case, in violation of or in noncompliance with any Legal Requirements, the breach by Borrower of any terms and provisions of the Loan Documents, the sale or financing of Timeshare Inventory, the creation of liens and security interests, the terms of the Loan Documents or the transactions related thereto, any assertion that Lender is a partner or joint venturer of Borrower or any other Person by virtue of the making of the Loan, or any act or omission of Borrower or an Agent, or their respective employees or agents, whether actual or alleged (\"Losses\"), except to the extent that any of the foregoing Losses described in this clause (a) are caused by Lender's gross negligence or willful misconduct or first accrue after foreclosure or deed in lieu of foreclosure; (b) any and all brokers' commissions or finders' fees or other costs of similar type by any party in connection with the Loan, other than those owed to \u2587\u2587\u2587\u2587 Financial arising from the acts of Lender; and (c) any mechanics liens filed against Phase III. On written request by a Person covered by the above agreement of indemnity, Borrower will undertake, at its own cost and expense, on behalf of such indemnitee, using counsel reasonably satisfactory to the indemnitee, the defense of any legal action or proceeding to which such Person shall be a party. At Lender's option, Lender may at Borrower's expense prosecute or defend any action within the scope of the indemnification contained in this Section 8.2 to the extent Borrower does not promptly prosecute or defend such action with counsel reasonably acceptable to Lender. No termination of this Agreement or the other Loan Documents shall affect or impair the indemnification provisions contained in this Section 8.2 and all such provisions shall survive such termination.", "snippet_links": [{"key": "borrower-will", "type": "clause", "offset": [0, 13]}, {"key": "hold-harmless", "type": "definition", "offset": [34, 47]}, {"key": "the-directors", "type": "clause", "offset": [149, 162]}, {"key": "the-foregoing", "type": "definition", "offset": [215, 228]}, {"key": "court-costs", "type": "clause", "offset": [344, 355]}, {"key": "third-party-action", "type": "definition", "offset": [399, 417]}, {"key": "other-sanctions", "type": "clause", "offset": [567, 582]}, {"key": "in-connection-with", "type": "clause", "offset": [719, 737]}, {"key": "timeshare-project", "type": "clause", "offset": [742, 759]}, {"key": "the-collateral", "type": "definition", "offset": [761, 775]}, {"key": "the-loan-documents", "type": "clause", "offset": [806, 824]}, {"key": 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"/contracts/dCWbwyt6CLF#2indemnification", "label": "Loan Agreement (BBX Capital Corp)", "score": 24.5112934113, "published": true}, {"hash": "4tpTvI36PSf", "uri": "/contracts/4tpTvI36PSf#2indemnification", "label": "Loan Agreement (BFC Financial Corp)", "score": 24.5112934113, "published": true}], "size": 20, "hash": "a15f364ee989ea1b10414ff2360303b5", "id": 1}, {"snippet": "Each party (an \u201cIndemnifying Party\u201d) agrees to indemnify and hold harmless the other party along with its officers, directors, employees, and authorized agents, and each Person or entity, if any, who controls such party within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (an \u201cIndemnified Party\u201d) from and against any Damages, joint or several, and any action in respect thereof to which the Indemnified Party becomes subject to, resulting from, arising out of or relating to (i) any misrepresentation, breach of warranty or nonfulfillment of or failure to perform any covenant or agreement on the part of the Indemnifying Party contained in this Agreement, (ii) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement or any post-effective amendment thereof or supplement thereto, or the omission or alleged omission therefrom of a material fact required to be stated therein or necessary to make the statements therein not misleading, (iii) any untrue statement or alleged untrue statement of a material fact contained in any preliminary prospectus or contained in the final prospectus (as amended or supplemented, if the Company files any amendment thereof or supplement thereto with the SEC) or the omission or alleged omission to state therein any material fact necessary to make the statements made therein, in the light of the circumstances under which the statements therein were made, not misleading, or (iv) any violation or alleged violation by the Company of the Securities Act, the Exchange Act, any state securities law or any rule or regulation under the Securities Act, the Exchange Act or any state securities law, as such Damages are incurred, except to the extent such Damages result primarily from the Indemnified Party\u2019s failure to perform any covenant or agreement contained in this Agreement or the Indemnified Party\u2019s negligence, recklessness or bad faith in performing its obligations under this Agreement; provided, however, that the foregoing indemnity agreement shall not apply to any Damages of an Indemnified Party to the extent, but only to the extent, arising out of or based upon any untrue statement or alleged untrue statement or omission or alleged omission made by an Indemnifying Party in reliance upon and in conformity with written information furnished to the Indemnifying Party by the Indemnified Party expressly for use in the Registration Statement, any post-effective amendment thereof or supplement thereto, or any preliminary prospectus or final prospectus (as amended or supplemented).", "snippet_links": [{"key": "each-party", "type": "definition", "offset": [0, 10]}, {"key": "indemnifying-party", "type": "clause", "offset": [16, 34]}, {"key": "indemnify-and-hold-harmless", "type": "clause", "offset": [47, 74]}, {"key": "other-party", "type": "definition", "offset": [79, 90]}, {"key": "authorized-agents", "type": "definition", "offset": [142, 159]}, {"key": "person-or-entity", "type": "clause", "offset": [170, 186]}, {"key": "such-party", "type": "clause", "offset": [209, 219]}, {"key": "meaning-of", "type": "clause", "offset": [231, 241]}, {"key": "section-15", "type": "clause", "offset": [242, 252]}, {"key": "the-securities-act", "type": "clause", "offset": [256, 274]}, {"key": "section-20", "type": "clause", "offset": [278, 288]}, {"key": "the-exchange-act", "type": "definition", "offset": [292, 308]}, {"key": "any-action", "type": "definition", "offset": [386, 396]}, {"key": "subject-to", "type": "definition", "offset": [455, 465]}, {"key": "resulting-from", "type": "definition", "offset": [467, 481]}, {"key": "arising-out-of", "type": "definition", "offset": [483, 497]}, {"key": "relating-to", "type": "definition", "offset": [501, 512]}, {"key": "breach-of-warranty", "type": "definition", "offset": [540, 558]}, {"key": "failure-to-perform", "type": "clause", "offset": [583, 601]}, {"key": "in-this-agreement", "type": "clause", "offset": [676, 693]}, {"key": "untrue-statement", "type": "clause", "offset": [704, 720]}, {"key": "statement-of", "type": "clause", "offset": [739, 751]}, {"key": "material-fact", "type": "clause", "offset": [754, 767]}, {"key": "the-registration-statement", "type": "clause", "offset": [781, 807]}, {"key": "effective-amendment", "type": "clause", "offset": [820, 839]}, {"key": "not-misleading", "type": "clause", "offset": [1010, 1024]}, {"key": "preliminary-prospectus", "type": "clause", "offset": [1117, 1139]}, {"key": "final-prospectus", "type": "definition", "offset": [1160, 1176]}, {"key": "as-amended", "type": "definition", "offset": [1178, 1188]}, {"key": "any-amendment", "type": "definition", "offset": [1227, 1240]}, {"key": "statements-made", "type": "clause", "offset": [1378, 1393]}, {"key": "circumstances-under", "type": "clause", "offset": [1423, 1442]}, {"key": "alleged-violation", "type": "definition", "offset": [1524, 1541]}, {"key": "by-the-company", "type": "clause", "offset": [1542, 1556]}, {"key": "state-securities-law", "type": "clause", "offset": [1602, 1622]}, {"key": "rule-or-regulation", "type": "definition", "offset": [1630, 1648]}, {"key": "except-to-the-extent", "type": "clause", "offset": [1751, 1771]}, {"key": "agreement-or", "type": "definition", "offset": [1894, 1906]}, {"key": "bad-faith", "type": "definition", "offset": [1959, 1968]}, {"key": "in-performing-its-obligations-under-this-agreement", "type": "clause", "offset": [1969, 2019]}, {"key": "the-foregoing", "type": "definition", "offset": [2045, 2058]}, {"key": "indemnity-agreement", "type": "definition", "offset": [2059, 2078]}, {"key": "an-indemnified-party", "type": "clause", "offset": [2113, 2133]}, {"key": "conformity-with", "type": "clause", "offset": [2337, 2352]}, {"key": "information-furnished", "type": "clause", "offset": [2361, 2382]}], "samples": [{"hash": "khJDn4s6vkd", "uri": "/contracts/khJDn4s6vkd#2indemnification", "label": "Equity Purchase Agreement (Hammer Fiber Optics Holdings Corp)", "score": 31.0807666779, "published": true}, {"hash": "kIBv65lpPxx", "uri": "/contracts/kIBv65lpPxx#2indemnification", "label": "Equity Purchase Agreement (Hammer Fiber Optics Holdings Corp)", "score": 30.7741279602, "published": true}, {"hash": "aGlU2QeFbPp", "uri": "/contracts/aGlU2QeFbPp#2indemnification", "label": "Equity Purchase Agreement (Oroplata Resources, Inc.)", "score": 29.5420951843, "published": true}], "size": 8, "hash": "5cb30c4aef9025b70e962ba155bb8a32", "id": 3}, {"snippet": "(a) To the fullest extent permitted by law, the Company shall indemnify each Manager Associate and each Liquidating Trustee Associate (each, an \u201cIndemnitee\u201d) against any and all losses, damages, liabilities, costs, expenses (including reasonable legal and expert witness fees and related costs and expenses), judgments, fines, amounts paid in settlement, and other amounts (including costs and expenses associated with investigation or preparation), actually and reasonably paid or incurred by such Indemnitee in connection with any and all Proceedings that arise from or relate, directly or indirectly, to any act or omission (or alleged act or omission) of such Indemnitee in connection with this Agreement or the business or affairs of the Company or any Series and in which such Indemnitee may be involved, or is threatened to be involved, as a defendant, witness, deponent or otherwise (but not as a plaintiff, unless the Manager agrees otherwise in its sole and absolute discretion), whether or not the same shall proceed to judgment or be settled or otherwise be brought to a conclusion (collectively, \u201cLosses\u201d), except to the extent that it is Judicially Determined that such Indemnitee is not entitled to be exculpated in respect of such act or omission pursuant to the provisions of Section 9.1.\n(b) To the extent it is Judicially Determined that the Company may not lawfully indemnify an Indemnitee for Losses pursuant to the provisions of Section 9.2(a) (other than because such Indemnitee is not entitled to be exculpated in respect of the related act or omission pursuant to the provisions of Section 9.1), the Company shall, to the fullest extent permitted by law, contribute to the amount paid or payable by such Indemnitee as a result of such Losses in such proportion as is appropriate to reflect not only the relative benefits received by the Company (or the relevant Series), on the one hand, and such Indemnitee, on the other hand, but also the relative fault of the Company (or the relevant Series) and such Indemnitee, as well as any other equitable considerations.\n(c) Reasonable legal fees and other costs and expenses (including costs and expenses associated with any investigation and preparation) incurred by an Indemnitee in connection with any Proceeding in which such Indemnitee is a party, witness or deponent shall be paid or reimbursed by the Company in advance of the final disposition of such Proceeding upon receipt by the Company of (i) a written affirmation by such Indemnitee of such Indemnitee\u2019s good faith belief that the standard of conduct necessary for indemnification by the Company, as stated in Section 9.2(a), has been met, and (ii) a written undertaking by or on behalf of such Indemnitee to promptly repay the amount paid or reimbursed if it shall ultimately be Judicially Determined that such Indemnitee is not entitled to be indemnified by the Company hereunder.\n(d) The Manager may cause the Company or any one or more Series to purchase and maintain insurance, at the cost and expense of the relevant Series or Series, on behalf of any one or more Persons against any liability that may be asserted against or costs or expenses that may be incurred by such Person(s) in connection with the activities of such Series, regardless of whether the Company would have the power to indemnify any such Person(s) against such liability under the provisions of this Agreement.\n(e) An Indemnitee shall not be denied indemnification in whole or in part under this Section 9.2 solely because the Indemnitee had an interest in the transaction with respect to which the indemnification applies.\n(f) Any Indemnitee entitled to indemnification hereunder shall use its reasonable best efforts to minimize the amount of any claim for indemnification hereunder.\n(g) The rights of an Indemnitee to indemnification, contribution and reimbursement provided by this Section 9.2 shall be in addition to any other rights to which such Indemnitee may be entitled under any agreement with the Company, as a matter of law or otherwise, and shall continue as to a Manager Associate or Liquidating Trustee Associate, as the case may be, who has ceased to serve in such capacity and shall also be for the benefit of such Indemnitee\u2019s Personal Representatives, but shall not be deemed to create any rights for the benefit of any other Persons. This Article IX, however, shall not be construed to entitle any Indemnitee to receive any amount in respect of any Losses of such Indemnitee to the extent that, after giving effect to the receipt of such amount and the receipt by such Indemnitee of any other payments in respect of such Losses, from whatever source or sources, such Indemnitee shall have recovered an aggregate amount in excess of such Losses.\n(h) Indemnification Obligations in respect of a Series shall remain in effect for a period of two (2) years after the date of the dissolution of such Series pursuant to Article XI, except that Indemnification Obligations shall continue as to any Loss of which any Indemnitee shall have given Notification to the Company on or prior to the date such Indemnification Obligation would otherwise terminate in accordance with this Section 9.2, until it is Judicially Determined that the Company is not liable for such Loss.\n(i) In any suit brought by an Indemnitee to enforce a right to indemnification or the advancement of expenses provided for in this Agreement, the burden of proving that such Indemnitee is not entitled to be indemnified or to an advancement of expenses is on the Company (or any Member or Assignee acting derivatively or otherwise on behalf of the Company or the relevant Series, as the case may be).\n(j) If the Manager, in its reasonable judgment, determines that an Indemnification Obligation is readily associated with a particular Series, such obligation shall be allocated and charged to the assets associated with such Series. Otherwise, each Indemnification Obligation shall, subject to the provisions of Section 5.4(b), be considered a General Liability.", "snippet_links": [{"key": "to-the-fullest-extent-permitted-by-law", "type": "clause", "offset": [4, 42]}, {"key": "the-company-shall", "type": "clause", "offset": [44, 61]}, {"key": "liquidating-trustee-associate", "type": "definition", "offset": [104, 133]}, {"key": "expert-witness-fees", "type": "definition", "offset": [256, 275]}, {"key": "related-costs", "type": "clause", "offset": [280, 293]}, {"key": "other-amounts", "type": "clause", "offset": [359, 372]}, {"key": "associated-with", "type": "definition", "offset": [403, 418]}, {"key": "in-connection-with", "type": "clause", "offset": [510, 528]}, {"key": "arise-from", "type": "definition", "offset": [558, 568]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [580, 602]}, {"key": "agreement-or", "type": "definition", "offset": [699, 711]}, {"key": "the-business", "type": "clause", 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by the Indemnified Parties directly or indirectly arising out of, relating to or resulting from any of the following:\n(i) any inaccuracy in or breach of any representation or warranty of the Company contained in this Agreement or in any certificate delivered by the Company in connection with this Agreement (in each case, other than with respect to any Fundamental Representations);\n(ii) any inaccuracy in or breach of any Fundamental Representations;\n(iii) any breach of any covenant of the Company contained in this Agreement;\n(iv) any breach of any covenant or agreement applicable to a Unitholder in or pursuant to this Agreement or any Ancillary Agreement or any breach of any representation or warranty of any Unitholder in any Ancillary Agreement;\n(v) indemnification, advancement of expenses and exculpation of former or present managers and officers of the Company for events, acts or omissions occurring on or prior to the Closing Date; 1754686676.2 \u200b\n(vi) except as already addressed in Section 9.2(a)(vi) above, any inaccuracies in the Closing Consideration Schedule;\n(vii) except to the extent taken into account in the calculation of the Closing Merger Consideration, (A) any Taxes of the Company with respect to any Pre-Closing Tax Period, including any Transaction Payroll Taxes, (B) any Taxes of the Company with respect to the pre-Closing portion of any Straddle Period, as allocated and determined pursuant to Section 6.15(b), (C) any Taxes for which the Company is liable relating to any member of an affiliated group to the extent attributable to the Company having filed a Tax Return on a consolidated, combined or unitary basis, and (D) any Taxes of any Person imposed on the Company or the Surviving Company arising under the principles of transferee or successor liability or by Contract, which Taxes relate to an event or transaction occurring before the Closing Date;\n(viii) any fraud on the part of the Company or the Unitholders;\n(ix) any Proceedings, demands or assessments incidental to any of the matters set forth in Section 9.2(a)(i) through Section 9.2(a)(viii) above; and\n(x) any legal Proceedings by any then-current or former holders or alleged then-current or former holders of any equity interests of the Company (including any predecessors), arising out of, resulting from or in connection with any alleged breach of fiduciary duty or the allocation of the Closing Merger Consideration.\n(b) Notwithstanding anything to the contrary in this Agreement or any of the Ancillary Agreements, all of the representations and warranties, covenants, and agreements set forth in this Agreement or any certificate or schedule that are so qualified as to \u201cmaterial\u201d, \u201cmateriality\u201d, \u201cmaterial respects\u201d, \u201cMaterial Adverse Effect\u201d or words of similar import or effect shall be deemed to have been made without such qualification for purposes of determining (i) whether a misrepresentation or breach of any such representation or warranty has occurred and (ii) the amount of Losses resulting from, arising out of or relating to any such misrepresentation or breach of such representation or warranty. The Indemnifying Parties (including any officer or manager of the Company prior to the Closing) shall not have any right of contribution, indemnification or right of advancement from the Buyer, the Surviving Company, or any Indemnified Party with respect to any Losses claimed by an Indemnified Party, whether by virtue of any contractual or statutory right of indemnity or otherwise, and all claims to the contrary are hereby waived and released. Notwithstanding anything to the contrary herein, the parties hereto agree and acknowledge that any Indemnified Party may bring a claim for indemnification for any Losses under this Article 9 notwithstanding the fact that such Indemnified Party had knowledge of the breach, event or circumstance giving rise to such Losses prior to the Closing or waived any condition to the Closing related thereto.\n(c) Subject to the other applicable provisions regarding indemnification contained in this Article 9, if it is finally determined pursuant to Section 9.3 that the Key Operators are obligated to reimburse or compensate the Indemnified Parties for any Losses in connection with a claim by any of the Indemnified Parties under Section 9.2(a), then indemnification for such Losses shall, subject to the applicable limitations, if any, set forth in this Article 9, be satisfied within 15 Business Days of such final determination by payment in Cash from the Key Operators, severally", "snippet_links": 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