Common use of 3Indemnification Clause in Contracts

3Indemnification. Borrower shall defend, indemnify, and hold Lender, and its directors, officers, employees, agents, and affiliates, harmless from and against any and all claims, liabilities, losses, damages, and expenses, including, without limitation, reasonable attorneys’ fees and expenses, that may arise, directly or indirectly, from (i) any breach by Borrower of its obligations under this Agreement; or (ii) any other act or omission by Borrower. Borrower shall have no obligation to indemnify Lender to the extent the liability is solely caused by ▇▇▇▇▇▇’s gross negligence or willful misconduct.

Appears in 8 contracts

Sources: Loan Agreement (Cheetah Net Supply Chain Service Inc.), Loan Agreement (Cheetah Net Supply Chain Service Inc.), Loan Agreement (Cheetah Net Supply Chain Service Inc.)

3Indemnification. Borrower shall defend, indemnify, and hold Lender, and its directors, officers, employees, agents, and affiliates, harmless from and against any and all claims, liabilities, losses, damages, and expenses, including, without limitation, reasonable attorneys’ fees and expenses, that may arise, directly or indirectly, from (i) any breach by Borrower of its obligations under this Agreement; or (ii) any other act or omission by Borrower. Borrower shall have no obligation to indemnify Lender to the extent the liability is solely caused by ▇▇▇▇▇▇’s gross negligence or willful misconduct.. ​

Appears in 1 contract

Sources: Loan Agreement (Cheetah Net Supply Chain Service Inc.)