Common use of Further Consideration Clause in Contracts

Further Consideration. As an inducement for this Rescission, Settlement Agreement and Mutual Release, MMBF hereby covenants and agrees that it will indemnify and defend the MMBF parties and their shareholders against any and all suits, claims, costs, legal fees, fines or expenses whatsoever, upon written demand by any of the HGR parties or any of their shareholders, for any event or cause or claim arising from the HGR parties agreement or business with MMBF, whatsoever, except any action in which HGR parties engaged in business outside of MMBF from the date of the Agreement to the date hereof.