IIM’s Representations Regarding the Lease Applications. IIM makes no representations or warranties regarding the likelihood that all or any of the Lease Applications will become Leases; however, during the Term of this Agreement, IIM shall indemnify and holds harmless ALY from any claims, demands and legal actions by ▇▇▇▇▇▇ and/or NWK, any individuals as past or present principals of NWK or as interested parties in association with NWK arising out of or related to the Lease Applications or Properties. Both during and subsequent to the Term of this Agreement, IIM shall cooperate with ALY in any action of ALY in defense of any claims, demands and legal actions by ▇▇▇▇▇▇ and NWK and certain individuals as principals of NWK or as interested parties in association with NWK arising out of or related to the Lease Applications or Properties.
Appears in 3 contracts
Sources: Global Settlement and Absolute Release Agreement (I-Minerals Inc), Global Settlement and Absolute Release Agreement (I-Minerals Inc), Assignment Agreement (I Minerals Inc)