Common use of Expenses and Indemnity Clause in Contracts

Expenses and Indemnity. The Guarantor agrees to be liable for the payment of all reasonable fees and expenses, including Attorneys’ Costs, incurred by any Secured Party in connection with the enforcement of this Guaranty Agreement, whether or not suit be brought. Without limitation of any other obligations of the Guarantor or remedies of the Administrative Agent or any Secured Party under this Guaranty Agreement, the Guarantor shall, to the fullest extent permitted by Law, indemnify, defend and save and hold harmless the Administrative Agent and each Secured Party from and against, and shall pay on demand, any and all damages, losses, liabilities and expenses (including Attorneys’ Costs) that may be suffered or incurred by the Administrative Agent or such Secured Party in connection with or as a result of any failure of the Guaranteed Liabilities to be the legal, valid and binding obligations of any Designated Borrower enforceable against such Designated Borrower in accordance with their terms. The obligations of the Guarantor under this paragraph shall survive the payment in full of the Guaranteed Liabilities and termination of this Guaranty Agreement.

Appears in 4 contracts

Samples: Assignment and Assumption (Avnet Inc), Credit Agreement (Avnet Inc), Credit Agreement (Avnet Inc)

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Expenses and Indemnity. The Guarantor agrees to be liable for the payment of all reasonable fees and expenses, including Attorneys’ Costs, incurred by any Secured Party Lender in connection with the enforcement of this Guaranty Agreement, whether or not suit be brought. Without limitation of any other obligations of the Guarantor or remedies of the Administrative Agent or any Secured Party Lender under this Guaranty Agreement, the Guarantor shall, to the fullest extent permitted by Law, indemnify, defend and save and hold harmless the Administrative Agent and each Secured Party Lender from and against, and shall pay on demand, any and all damages, losses, liabilities and expenses (including Attorneys’ Costs) that may be suffered or incurred by the Administrative Agent or such Secured Party Lender in connection with or as a result of any failure of the any Guaranteed Liabilities or Guaranteed Obligations to be the legal, valid and binding obligations of the Borrower or any Designated Borrower applicable Loan Party enforceable against the Borrower or such Designated Borrower applicable Loan Party in accordance with their terms. The obligations of the Guarantor under this paragraph shall survive the payment in full of the Guaranteed Liabilities and termination of this Guaranty Agreement.

Appears in 4 contracts

Samples: Credit Agreement (Hunt J B Transport Services Inc), Credit Agreement (Hunt J B Transport Services Inc), Credit Agreement (Hunt J B Transport Services Inc)

Expenses and Indemnity. The Guarantor agrees to be liable for the payment of all reasonable fees and expenses, including Attorneys’ Costs, incurred by any Secured Party in connection with the enforcement of this Guaranty Agreement, whether or not suit be brought. Without limitation of any other obligations of the Guarantor or remedies of the Administrative Agent or any Secured Party under this Guaranty Agreement, the Guarantor shall, to the fullest extent permitted by Law, indemnify, defend and save and hold harmless the Administrative Agent and each Secured Party from and against, and shall pay on demand, any and all damages, losses, liabilities and expenses (including Attorneys’ Costs) that may be suffered or incurred by the Administrative Agent or such Secured Party in connection with or as a result of any failure of the Guaranteed Liabilities to be the legal, valid and binding obligations of any Designated either Borrower enforceable against such Designated Borrower in accordance with their terms. The obligations of the Guarantor under this paragraph shall survive the payment in full of the Guaranteed Liabilities and termination of this Guaranty Agreement.

Appears in 2 contracts

Samples: Senior Unsecured Term Loan Credit Agreement (Avnet Inc), Guaranty Agreement

Expenses and Indemnity. The Each Guarantor agrees to be jointly and severally liable for the payment of all reasonable fees and expenses, including Attorneys’ Costs, incurred by any Secured Party in connection with the enforcement of this Guaranty Agreement, whether or not suit be brought. Without limitation of any other obligations of the any Guarantor or remedies of the Administrative Agent or any Secured Party under this Guaranty Agreement, the each Guarantor shall, to the fullest extent permitted by Law, indemnify, defend and save and hold harmless the Administrative Agent and each Secured Party from and against, and shall pay on demand, any and all damages, losses, liabilities and expenses (including Attorneys’ Costs) that may be suffered or incurred by the Administrative Agent or such Secured Party in connection with or as a result of any failure of the any Guaranteed Liabilities Obligations to be the legal, valid and binding obligations of any Designated Borrower or any applicable Loan Party enforceable against such Designated Borrower or such applicable Loan Party in accordance with their terms. The obligations of the each Guarantor under this paragraph shall survive the payment in full of the Guaranteed Liabilities Obligations and termination of this Guaranty Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Tile Shop Holdings, Inc.), Guaranty Agreement (Tile Shop Holdings, Inc.)

Expenses and Indemnity. The Each Guarantor agrees to be jointly and severally liable for the payment of all reasonable fees and expenses, including Attorneys’ Attorney Costs, incurred by any Secured Guaranteed Party in connection with the enforcement of this Guaranty Agreement, whether or not suit be brought. Without limitation of any other obligations of the any Guarantor or remedies of the Administrative Agent or any Secured Guaranteed Party under this Guaranty Agreement, the each Guarantor shall, to the fullest extent permitted by Law, indemnify, defend and save and hold harmless the Administrative Agent and each Secured Guaranteed Party from and against, and shall pay on demand, any and all damages, losses, liabilities and expenses (including Attorneys’ Attorney Costs) that may be suffered or incurred by the Administrative Agent or such Secured Guaranteed Party in connection with or as a result of any failure of the any Guaranteed Liabilities to be the legal, valid and binding obligations of the Borrower or any Designated Borrower applicable Loan Party enforceable against the Borrower or such Designated Borrower applicable Loan Party in accordance with their terms. The obligations of the each Guarantor under this paragraph shall survive the payment in full of the Guaranteed Liabilities Guarantors’ Obligations and termination of this Guaranty Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Snyder's-Lance, Inc.), Credit Agreement (Snyder's-Lance, Inc.)

Expenses and Indemnity. The Each Guarantor agrees to be jointly and severally liable for the payment of all reasonable fees and expenses, including Attorneys’ Costs, incurred by any Secured Party in connection with the enforcement of this Guaranty Agreement, whether or not suit be brought. Without limitation of any other obligations of the any Guarantor or remedies of the Administrative Agent or any Secured Party under this Guaranty Agreement, the each Guarantor shall, to the fullest extent permitted by Law, indemnify, defend and save and hold harmless the Administrative Agent and each Secured Party from and against, and shall pay on demand, any and all damages, losses, liabilities and expenses (including Attorneys’ Costs) that may be suffered or incurred by the Administrative Agent or such Secured Party in connection with or as a result of any failure of the Guaranteed Liabilities any Guarantors’ Obligations to be the legal, valid and binding obligations of any Designated Borrower or any applicable Loan Party enforceable against such Designated Borrower or such applicable Loan Party in accordance with their terms. The obligations of the each Guarantor under this paragraph shall survive the payment in full of the Guaranteed Liabilities Guarantors’ Obligations and termination of this Guaranty Agreement.

Appears in 1 contract

Samples: Guaranty Agreement (Tile Shop Holdings, Inc.)

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Expenses and Indemnity. The Each Guarantor agrees to be jointly and severally liable for the payment of all reasonable fees and expenses, including Attorneys’ Costs, incurred by any Secured Benefited Party in connection with the enforcement of this Guaranty Agreement, whether or not suit be brought. Without limitation of any other obligations of the any Guarantor or remedies of the Administrative Agent or any Secured Benefited Party under this Guaranty Agreement, the each Guarantor shall, to the fullest extent permitted by Law, indemnify, defend and save and hold harmless the Administrative Agent and each Secured Benefited Party from and against, and shall pay on demand, any and all damages, losses, liabilities and expenses (including Attorneys’ Costs) that may be suffered or incurred by the Administrative Agent or such Secured Benefited Party in connection with or as a result of any failure of the any Guaranteed Liabilities Obligations to be the legal, valid and binding obligations of the Borrower or any Designated Borrower other applicable Loan Party enforceable against the Borrower or such Designated Borrower applicable Loan Party in accordance with their terms. The obligations of the each Guarantor under this paragraph shall survive the payment in full of the Guaranteed Liabilities Obligations and termination of this Guaranty Agreement.

Appears in 1 contract

Samples: Guaranty Agreement (Cogdell Spencer Inc.)

Expenses and Indemnity. The Each Guarantor agrees to be jointly and severally liable for the payment of all reasonable out-of-pocket fees and expenses, including Attorneys’ Costs, incurred by any Secured Party in connection with the enforcement of this Guaranty AgreementGuaranty, whether or not suit be brought. Without limitation of any other obligations of the any Guarantor or remedies of the Administrative Agent or any Secured Party under this Guaranty AgreementGuaranty, the each Guarantor shall, to the fullest extent permitted by Law, indemnify, defend and save and hold harmless the Administrative Agent and each Secured Party from and against, and shall pay on demand, any and all damages, losses, liabilities and expenses (including Attorneys’ Costs) that may be suffered or incurred by the Administrative Agent or such Secured Party in connection with or as a result of any failure of the any Guaranteed Liabilities to be the legal, valid and binding obligations of the Borrower or any Designated Borrower applicable Loan Party enforceable against the Borrower or such Designated Borrower applicable Loan Party in accordance with their terms. The obligations of the each Guarantor under this paragraph shall survive the payment in full of the Guaranteed Liabilities and termination of this Guaranty AgreementGuaranty.

Appears in 1 contract

Samples: Credit Agreement (Regis Corp)

Expenses and Indemnity. The Each Guarantor agrees to be jointly and severally liable for the payment of all reasonable fees and expenses, including Attorneys’ Costs, incurred by any Secured Party in connection with the enforcement of this Guaranty Agreement, whether or not suit be brought. Without limitation of any other obligations of the any Guarantor or remedies of the Administrative Agent or any Secured Party under this Guaranty Agreement, the each Guarantor shall, to the fullest extent permitted by Law, indemnify, defend and save and hold harmless the Administrative Agent and each Secured Party from and against, and shall pay on demand, any and all damages, losses, liabilities and expenses (including Attorneys’ Costs) that may be suffered or incurred by the Administrative Agent or such Secured Party in connection with or as a result of any failure of the any Guaranteed Liabilities to be the legal, valid and binding obligations of any Designated Borrower or any applicable Loan Party enforceable against such Designated Borrower or such applicable Loan Party in accordance with their terms. The obligations of the each Guarantor under this paragraph shall survive the payment in full of the Guaranteed Liabilities and termination of this Guaranty Agreement.

Appears in 1 contract

Samples: Credit Agreement (Power One Inc)

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