Common use of Indemnification of TMP Clause in Contracts

Indemnification of TMP. The Partnership shall indemnify the TMP against any and all judgments, fines, amounts paid in settlement and expenses (including reasonable attorneys’ fees, whether incurred before or at trial or during any appellate proceedings, and court costs) incurred by the TMP in any civil, criminal or investigative proceeding in which the TMP is involved or threatened to be involved by reason of being the TMP for the Partnership; provided, however, that the TMP shall not be indemnified under this provision against any liability incurred by the Partnership or any Partner which arises out of fraud, by intentional misconduct or gross negligence in the conduct of its position as TMP.

Appears in 122 contracts

Samples: Agreement (Carrabba's/Colorado-I, Limited Partnership), Agreement (Carrabba's/Colorado-I, Limited Partnership), Agreement of Limited Partnership (Carrabba's/Colorado-I, Limited Partnership)

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