Common use of Indemnification and Expenses Clause in Contracts

Indemnification and Expenses. (a) The Borrower agrees to hold each Finance Party and their Affiliates and their officers, directors, employees, agents and advisors (each an "Indemnified Party") harmless from and indemnify any Indemnified Party against all liabilities, losses, damages, judgments, costs and expenses of any kind which may be imposed on, incurred by or asserted against such Indemnified Party (collectively, the "Costs") relating to or arising out of this Agreement, and any other Finance Document or any transaction contemplated hereby or thereby, or any amendment, supplement or modification of, or any waiver or consent under or in respect of, this Agreement, or any other Finance Document or any transaction contemplated hereby or thereby, that, in each case, results from anything other than any Indemnified Party's gross negligence or wilful misconduct.

Appears in 4 contracts

Samples: Agreement (Anthracite Capital Inc), Agreement (Anthracite Capital Inc), Agreement (Anthracite Capital Inc)

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Indemnification and Expenses. (a) The Each Borrower agrees to hold each Finance Party the Lender, and their its Affiliates and their officers, directors, employees, agents and advisors (each an "Indemnified Party") harmless from and indemnify any Indemnified Party against all liabilities, losses, damages, judgments, costs and expenses of any kind which may be imposed on, incurred by or asserted against such Indemnified Party (collectively, the "Costs") relating to or arising out of this Loan Agreement, and the Note, any other Finance Loan Document or any transaction contemplated hereby or thereby, or any amendment, supplement or modification of, or any waiver or consent under or in respect of, this Loan Agreement, or the Note, any other Finance Document or any transaction contemplated hereby or thereby, that, in each case, results from anything other than any Indemnified Party's gross negligence or wilful misconduct.Loan

Appears in 1 contract

Samples: Master Loan and Security Agreement (Allied Capital Corp)

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Indemnification and Expenses. (a) The Borrower agrees to hold each Finance Party and their Affiliates and their officers, directors, employees, agents and advisors (each an "Indemnified Party") harmless from and indemnify any Indemnified Party against all liabilities, losses, damages, judgments, costs and expenses of any kind which may be imposed on, incurred by or asserted against such Indemnified Party (collectively, the "Costs") relating to or arising out of this Agreement, and any other Finance Transaction Document or any transaction contemplated hereby or thereby, or any amendment, supplement or modification of, or any waiver or consent under or in respect of, this Agreement, or any other Finance Transaction Document or any transaction contemplated hereby or thereby, that, in each case, results from anything other than any Indemnified Party's ’s gross negligence or wilful misconduct.

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (Anthracite Capital Inc)

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