Common use of Indemnification of Indemnitees Clause in Contracts

Indemnification of Indemnitees. From and after Bank Closing and subject to the limitations set forth in this Section and Section 12.6 and, with respect to third party claims, compliance by the Indemnitees with Section 12.2, the Receiver agrees to indemnify and hold harmless the Indemnitees against any and all costs, losses, any diminution in value of any Asset or asset of an Acquired Subsidiary, claims, liabilities, expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement (“Losses”) suffered or incurred by any Indernnitee based upon, relating to, arising out of, or in connection with, any of the following set forth in (a) of this Section 12.1, subject to the exclusions as provided in (b) of this Section 12.1:

Indemnification of Indemnitees. From and after Bank Closing and subject to the limitations set forth in this Section and Section 12.6 and, with respect to third party claims, compliance by the Indemnitees with Section 12.2, the Receiver agrees to indemnify and hold harmless the Indemnitees against any and all costs, losses, any diminution in value of any Asset or asset of an Acquired Subsidiary, claims, liabilities, expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement (“Losses”) suffered or incurred by any Indernnitee Indemnitee based upon, relating to, arising out of, or in connection with, any of the following set forth in (a) of this Section 12.1, subject to the exclusions as provided in (b) of this Section 12.1: