Common use of Hold Harmless/Indemnity Clause in Contracts

Hold Harmless/Indemnity. Borrower hereby assumes responsibility and liability for, and hereby holds harmless and indemnifies Crestmark from and against, any and all liabilities, demands, obligations, injuries, costs, damages (direct, indirect or consequential), awards, loss of interest, principal, or any portion of the Indebtedness, charges, expenses, payments of monies and reasonable attorney fees, incurred or suffered, directly or indirectly, by Crestmark and/or asserted against Crestmark by any Person whatsoever, including Borrower, which arise in whole or in part out of this Agreement, or the Collateral Documents, or the relationship herein set forth or the exercise of any right or remedy including the realization, disposition or sale of the Collateral, or any portion thereof, or the exercise of any right in connection therewith even if the above are caused by the sole action, inaction, omission or negligence of Crestmark, but Borrower shall not be liable if the damages result solely from the fraud or gross negligence of Crestmark.

Hold Harmless/Indemnity. Borrower hereby assumes responsibility and liability for, and hereby holds harmless and indemnifies Crestmark HCA from and against, any and all liabilities, demands, obligations, injuries, costs, damages (direct, indirect or consequential), awards, loss of interest, principal, or any portion of the Indebtedness, charges, expenses, payments of monies and reasonable attorney fees, incurred or suffered, directly or indirectly, by Crestmark HCA and/or asserted against Crestmark HCA by any Person whatsoever, including BorrowerBorrower or Guarantor, which arise in whole or in part out of this Agreement, or the Collateral Documents, or the relationship herein set forth or the exercise of any right or remedy including the realization, disposition or sale of the Collateral, or any portion thereof, or the exercise of any right in connection therewith even if the above are caused by the sole action, inaction, omission or negligence of CrestmarkHCA, but Borrower or Guarantor shall not be liable if the damages result solely from the fraud or gross negligence of CrestmarkHCA.

Hold Harmless/Indemnity. Borrower hereby assumes responsibility and liability for, and hereby holds harmless and indemnifies Crestmark from and against, any and all liabilities, demands, obligations, injuries, costs, damages (direct, indirect or consequential), awards, loss of interest, principal, or any portion of the Indebtedness, charges, expenses, payments of monies and reasonable attorney fees, incurred or suffered, directly or indirectly, by Crestmark and/or asserted against Crestmark by any Person whatsoever, including BorrowerBorrower or Guarantor, which arise in whole or in part out of this Agreement, or the Collateral Documents, or the relationship herein set forth or the exercise of any right or remedy including the realization, disposition or sale of the Collateral, or any portion thereof, or the exercise of any right in connection therewith even if the above are caused by the sole action, inaction, omission or negligence of Crestmark, but Borrower or Guarantor shall not be liable if the damages result solely from the fraud or gross negligence of Crestmark.

Hold Harmless/Indemnity. Borrower hereby assumes responsibility and liability for, and hereby holds harmless and indemnifies Crestmark Lender from and against, any and all liabilities, demands, obligations, injuries, costs, damages (direct, indirect or consequential), awards, loss of interest, principal, or any portion of the Indebtedness, charges, expenses, payments of monies and reasonable attorney fees, incurred or suffered, directly or indirectly, by Crestmark Lender and/or asserted against Crestmark Lender by any Person whatsoever, including BorrowerBorrower or Validity Guarantor, which arise in whole or in part out of this Agreement, or the Collateral Documents, or the relationship herein set forth or the exercise of any right or remedy including the realization, disposition or sale of the Collateral, or any portion thereof, or the exercise of any right in connection therewith even if the above are caused by the sole action, inaction, omission or negligence of CrestmarkLender, but Borrower shall or Validity Guarantor will not be liable if the damages result solely from the fraud or gross negligence of CrestmarkLender.

Hold Harmless/Indemnity. Borrower hereby assumes responsibility and liability for, and hereby holds harmless and indemnifies Crestmark from and against, any and all liabilities, demands, obligations, injuries, costs, damages (direct, indirect or consequential), awards, loss of interest, principal, or any portion of the Indebtedness, charges, expenses, payments of monies and reasonable attorney fees, incurred or suffered, directly or indirectly, by Crestmark and/or asserted against Crestmark by any Person whatsoever, including BorrowerBorrower or Guarantor, which arise in whole or in part out of this Agreement, or the Collateral Documents, or the relationship herein set forth or the exercise of any right or remedy including the realization, disposition or sale of the Collateral, or any portion thereof, or the exercise of any right in connection therewith even if the above are caused by the sole action, inaction, omission or negligence of Crestmark, but Borrower or Guarantor shall not be liable if the damages result solely from the fraud or gross negligence of Crestmark.