Indemnification by Bank. Except to the extent of any Losses which arise from any act or omission of Sunlight or an Affiliate of Sunlight, Bank shall be liable to and shall indemnify and hold harmless Sunlight and its officers, directors, employees, agents and Affiliates and permitted assigns, from and against any Losses arising out of (i) Bank’s breach of any of the terms and conditions of this Agreement or any Program Document or (ii) Bank’s willful misconduct or intentional non-compliance with Applicable Laws in respect of its obligations in connection with the Program hereunder.
Appears in 2 contracts
Samples: Improvement Loan Program Agreement (Sunlight Financial Holdings Inc.), Loan Program Agreement (Sunlight Financial Holdings Inc.)
Indemnification by Bank. Except to the extent of any Losses which arise from any act or omission of Sunlight or an Affiliate of Sunlight, Bank shall be liable to and shall indemnify and hold harmless Sunlight and its officers, directors, employees, agents and Affiliates and permitted assigns, from and against any Losses arising out of (i) Bank’s breach of any of the terms and conditions of this Agreement or any Program Document [TEXT REDACTED] or (ii) Bank’s willful misconduct or intentional non-compliance with Applicable Laws in respect of its obligations [TEXT REDACTED] in connection with the Program hereunder.
Appears in 2 contracts
Samples: Loan Program Agreement (Sunlight Financial Holdings Inc.), Improvement Loan Program Agreement (Sunlight Financial Holdings Inc.)
Indemnification by Bank. Except to the extent of any Losses which arise from any act or omission of Sunlight or an Affiliate of Sunlight, Bank shall be liable to and shall indemnify and hold harmless Sunlight and its officers, directors, employees, agents and Affiliates and arid permitted assigns, from and against any Losses arising out of (i) Bank’s breach of any of the terms and conditions of this Agreement or any Program Document [***] or (ii) Bank’s willful misconduct [***] or intentional non-compliance with Applicable Laws in respect of its obligations [***] in connection with the Program hereunder.
Appears in 1 contract
Samples: Loan Program Agreement (Sunlight Financial Holdings Inc.)
Indemnification by Bank. Except to the extent of any Losses which arise from any act or omission of Sunlight or an Affiliate of Sunlight, Bank shall be liable to and shall indemnify and hold harmless Sunlight and its officers, directors, employees, agents and Affiliates and permitted assigns, from and against any Losses arising out of (i) Bank’s breach of any of the terms and conditions of this Agreement or any Program Document [***] or (ii) Bank’s willful misconduct or intentional non-compliance with Applicable Laws in respect of its obligations [***] in connection with the Program hereunder.
Appears in 1 contract
Samples: Program Agreement (Sunlight Financial Holdings Inc.)
Indemnification by Bank. Except to the extent of any Losses which arise from any act or omission of Sunlight or an Affiliate of Sunlight, Bank shall be liable to and shall indemnify and hold harmless Sunlight and its officers, directors, employees, agents and Affiliates and permitted assigns, from and against any Losses arising out of (i) Bank’s breach of any of the terms and conditions of this Agreement or any Program Document [***] or (ii) Bank’s willful misconduct [***] or intentional non-compliance with Applicable Laws in respect of its obligations [***] in connection with the Program hereunder.
Appears in 1 contract
Samples: Loan Program Agreement (Spartan Acquisition Corp. II)