Common use of Indemnification and Expenses Clause in Contracts

Indemnification and Expenses. (a) Guarantor agrees to indemnify each Credit Party from and against any and all claims, losses, and liabilities in any way relating to, growing out of, or resulting from this Guaranty and the transactions contemplated hereby (including, without limitation, enforcement of this Guaranty), except to the extent such claims, losses, or liabilities result from such Credit Party’s gross negligence or willful misconduct as finally determined by a court of competent jurisdiction.

Appears in 3 contracts

Samples: Parent Guaranty Agreement (American Realty Capital Trust, Inc.), Parent Guaranty Agreement (American Realty Capital Properties, Inc.), Parent Guaranty Agreement (American Realty Capital Trust, Inc.)

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Indemnification and Expenses. (a) Each Guarantor agrees to indemnify each Credit Party from and against any and all claims, losses, and liabilities in any way relating to, growing out of, or resulting from this Guaranty and the transactions contemplated hereby (including, without limitation, enforcement of this Guaranty), except to the extent such claims, losses, or liabilities result from such Credit Party’s gross negligence or willful misconduct as finally determined by a court of competent jurisdiction.

Appears in 3 contracts

Samples: Subsidiary Guaranty Agreement (American Realty Capital Trust, Inc.), Subsidiary Guaranty Agreement (American Realty Capital Properties, Inc.), Subsidiary Guaranty Agreement (American Realty Capital Trust, Inc.)

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