Common use of Indemnification of Lender Clause in Contracts

Indemnification of Lender. Nothing herein contained shall be deemed to obligate Lender to perform or discharge any obligation, duty, or liability of lessor under any Lease of the Property, and Borrower shall and does hereby indemnify and hold Lender harmless from any and all liability, loss, or damage which Lender may or might incur under any Lease of the Property or by reason of this assignment; and any and all such liability, loss, or damage incurred by Lender, together with the costs and expenses, including reasonable attorneys’ fees, incurred by Lender in defense of any claims or demands therefor (whether successful or not), shall be additional Secured Obligations, and Borrower shall reimburse Lender therefor on demand.

Appears in 1 contract

Samples: SHARING SERVICES GLOBAL Corp

AutoNDA by SimpleDocs

Indemnification of Lender. Nothing herein contained shall be deemed to obligate Lender to perform or discharge any obligation, duty, duty or liability of any lessor under any Secondary Lease of the Property, and Borrower shall and does hereby indemnify and hold Lender harmless from any and all liability, loss, loss or damage which Lender may or might incur under any Secondary Lease of the Property or by reason of this the assignment; and any and all such liability, loss, loss or damage incurred by Lender, together with the costs and expenses, including reasonable attorneys’ fees, incurred by Lender in defense of any claims or demands therefor (whether successful or not), shall be additional Secured Obligations, and Borrower shall reimburse Lender therefor on demand.

Appears in 1 contract

Samples: Mortgage, Security Agreement (AmeriCann, Inc.)

Indemnification of Lender. Nothing herein contained shall be deemed to obligate Lender to perform or discharge any obligation, duty, duty or liability of any lessor under any Lease of the Property, and Borrower shall and does hereby indemnify and hold Lender harmless from any and all liability, loss, loss or damage which Lender may or might incur incurs under any Lease of the Property or by reason of this the assignment; and any and all such liability, loss, loss or damage incurred by Lender, together with the costs and expenses, including reasonable attorneys’ fees, incurred by Lender in defense of any claims or demands therefor (whether successful or not), shall be additional Secured Obligations, and Borrower shall reimburse Lender therefor on demand.

Appears in 1 contract

Samples: Postal Realty Trust, Inc.

Indemnification of Lender. Nothing herein contained shall be deemed to obligate Lender to perform or discharge any obligation, duty, or liability of lessor under any Lease of the Real Property, and Borrower Trustor shall and does hereby indemnify and hold Lender harmless from any and all liability, loss, or damage which Lender may or might incur under any Lease of the Real Property or by reason of this assignment; and any and all such liability, loss, or damage incurred by Lender, together with the costs and expenses, including reasonable attorneys' fees, incurred by Lender in defense of any claims or demands therefor therefore (whether successful or not), shall be additional Secured Obligations, and Borrower Trustor shall reimburse Lender therefor therefore on demand.

Appears in 1 contract

Samples: Mortgage, Security Agreement (Water Pik Technologies Inc)

AutoNDA by SimpleDocs

Indemnification of Lender. Nothing herein contained shall be deemed to obligate Lender to perform or discharge any obligation, duty, or liability of lessor under any Lease of the Real Property, and Borrower shall and does hereby indemnify and hold Lender harmless from any and all liability, loss, or damage which Lender may or might incur under any Lease of the Real Property or by reason of this assignment; and any and all such liability, loss, or damage incurred by Lender, together with the costs and expenses, including reasonable attorneys' fees, incurred by Lender in defense of any claims or demands therefor therefore (whether successful or not), shall be additional Secured Obligations, and Borrower shall reimburse Lender therefor therefore on demand.

Appears in 1 contract

Samples: Mortgage, Security Agreement (Water Pik Technologies Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.