Indemnity Agreement Sample Clauses

Indemnity Agreement. The Indemnity Agreement Regarding Hazardous Materials made by the Borrower and Guarantors, in favor of the Agent and the Lenders, as the same may be modified, amended or ratified, pursuant to which each of the Borrower and the Guarantors agrees to indemnify the Agent and the Lenders with respect to Hazardous Substances and Environmental Laws.
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Indemnity Agreement. Borrower and Guarantors, each jointly and severally, covenant and agree, at their sole cost and expense, to indemnify, defend (at trial and appellate levels and with attorneys, consultants and experts reasonably acceptable to Lenders) and hold each Indemnified Party harmless against and from any and all liens, damages, losses, liabilities, obligations, settlement payments, penalties, assessments, citations, directives, claims, litigation, demands, defenses, judgments, suits, proceedings, costs, disbursements or expenses of any kind or of any nature whatsoever (including, without limitation, reasonable attorneys’, consultants’ and experts’ fees and disbursements incurred in investigating, defending against, settling or prosecuting any claim, litigation or proceeding) which may at any time be imposed upon, incurred by or asserted or awarded against such Indemnified Party or the Property, and arising directly or indirectly from or out of: (A) the Release or Threat of Release of any Hazardous Substances on, in, under or affecting all or any portion of the Property or any Hazardous Substances migrating to any surrounding areas from the Property, regardless of whether or not caused by or within the control of Borrower or any Guarantor; (B) the existence of any Mold Condition on, in, under or affecting all or any portion of the Property, regardless of whether or not caused by or within the control of Borrower or any Guarantor; (C) the violation of any Environmental Laws relating to or affecting the Property, Borrower or any Guarantor, whether or not caused by or within the control of Borrower or any Guarantor; (D) the failure of Borrower or any Guarantor to comply fully with the terms and conditions of this Agreement or Sections 7.5 (b) and (c), 7.6(b), 7.10 and 8.6 of the Credit Agreement, as if such sections were specifically set forth herein; (E) the violation of any Environmental Laws in connection with other real property of Borrower or any Guarantor which gives or may give rise to any rights whatsoever in any party with respect to the Property by virtue of any Environmental Laws; or (F) the enforcement of this Agreement, including, without limitation, (i) the costs of assessment, containment and/or removal of any and all Hazardous Substances from all or any portion of the Property or any Hazardous Substances migrating to any surrounding areas from the Property, (ii) the costs of assessment, containment, abatement, remediation and/or removal of any Mold Cond...
Indemnity Agreement. In the event that any of the property insured be lost or damaged by the perils insured against the Insurer will indemnify the Insured against the direct loss so caused to an amount not exceeding whichever is the least of: (a) The actual cash value of the property at the time of loss or damage; (b) The interest of the Insured in the property; (c) The amount of insurance specified in the ”Declarations Pagein respect of the property lost or damaged. Provided, however, that where the insurance applies to the property of more than one person or interest, the Insurer's total liability for loss sustained by all such persons and interests shall be limited in the aggregate to the amount or amounts of insurance specified in the “Declarations Page”.
Indemnity Agreement. The Insurer will indemnify the Insured, subject to the deductible, for expenses incurred to “clean-up” “pollutants” from land or water at the “premises” provided the spill, discharge, emission, dispersal, seepage, leakage, release, migration or escape of “pollutants”: (i) is occasioned by loss or damage to property insured at the “premises” for which insurance is afforded under the Policy to which this Coverage Form is attached; (ii) is sudden, unexpected and unintentional from the standpoint of the Insured; and (iii) is required to be reported to a provincial authority; and (iv) first occurs during the Policy period.
Indemnity Agreement. THE CONSULTANT SHALL INDEMNIFY AND SAVE AND HOLD HARMLESS THE OWNER AND ITS OFFICERS, OFFICIALS, AGENTS, AND EMPLOYEES FROM AND AGAINST ANY AND ALL LIABILITY, CLAIMS, DEMANDS, DAMAGES, LOSSES, AND EXPENSES, INCLUDING, BUT NOT LIMITED TO COURT COSTS AND REASONABLE ATTORNEY FEES ASSERTED AGAINST OR INCURRED BY THE OWNER, AND INCLUDING, WITHOUT LIMITATION, DAMAGES FOR BODILY AND PERSONAL INJURY, DEATH AND PROPERTY DAMAGE, RESULTING FROM THE NEGLIGENT ACTS OR OMISSIONS OF THE CONSULTANT OR ITS OFFICERS, SHAREHOLDERS, AGENTS, OR EMPLOYEES INCIDENTAL TO, RELATED TO, AND IN THE EXECUTION, OPERATION, OR PERFORMANCE OF THIS AGREEMENT.
Indemnity Agreement. I agree, for myself and my heirs, to indemnify and hold harmless the Releasees from any loss, claims, action, causes of action, or proceedings of any kind which may be initiated by me or by any other person, entity or organization, including demands, judgments, costs, loss of services, expenses, or reimbursement of counsel fees incurred by participant or by the Releasees from activities contemplated by this agreement. I give permission to Releasees to obtain on my behalf any emergency medical treatment. In case of sickness, accident or injury, Releasees have my express permission to secure, at my expense, such medical treatment as is deemed necessary in the sole discretion of Releasees.
Indemnity Agreement. Indemnitor covenants and agrees, at its sole cost and expense, to protect, indemnify, save, defend (at trial and appellate levels and with attorneys, consultants and experts selected by Indemnitor and reasonably acceptable to Lender) and hold each Indemnified Party harmless against and from any and all Losses which may at any time be imposed upon, incurred by or asserted or awarded against such Indemnified Party or any Individual Property (except to the extent arising out of the gross negligence or willful misconduct of any Indemnified Party) and arising from or out of the following, but, in all cases, only to the extent caused by the activities of Mortgage Borrower or any other Person (other than Master Tenant or Master Lease Guarantor) on any Individual Property: (A) the Release or Threat of Release of any Hazardous Materials on, in, under or affecting all or any portion of any Individual Property or any surrounding areas; (B) the Release or Threat of Release of Hazardous Materials at any other location if the Hazardous Materials were generated, treated, stored, transported or disposed of by or on behalf of Mortgage Borrower; (C) the material violation of any Environmental Laws relating to or affecting any Individual Property or Mortgage Borrower, whether or not caused by or within the control of Indemnitor; (D) the failure of Indemnitor to comply fully with the terms and conditions of this Agreement; (E) the violation of any Environmental Laws in connection with other real property of Mortgage Borrower or Indemnitor which gives or may give rise to any rights whatsoever in any party with respect to any Individual Property by virtue of any Environmental Laws; or (F) the enforcement of this Agreement, including, without limitation, (i) the reasonable costs of assessment, containment and/or removal of any and all Hazardous Materials from all or any portion of any Individual Property or any adjacent areas, (ii) the costs of any actions taken in response to a Release or Threat of Release of any Hazardous Materials on, in, under or affecting all or any portion of any Individual Property, any adjacent areas, or any other areas to prevent or minimize such Release or Threat of Release so that it does not migrate or otherwise cause or threaten danger to present or future public health, safety, welfare or the environment, and (iii) costs incurred to comply with the Environmental Laws in connection with all or any portion of any Individual Property, any adjacent are...
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Indemnity Agreement. The Company agrees to indemnify and hold Executive harmless to the fullest extent permitted by applicable law for actions taken as a director or officer of the Company, as in effect at the time of the subject act or omission. In connection therewith, Executive shall be entitled to the protection of any insurance policies which the Company elects to maintain generally for the benefit of the Company’s directors and officers, against all costs, charges and expenses whatsoever incurred or sustained by Executive in connection with any action, suit or proceeding to which he may be made a party by reason of Executive’s being or having been a director, officer or employee of the Company. This provision shall survive any termination of the Employment Term.
Indemnity Agreement. A. CONTRACTOR AGREES TO AND SHALL DEFEND, INDEMNIFY, AND HOLD HARMLESS THE ASSOCIATION, AND THE ASSOCIATION’S DIRECTORS, OFFICERS, MEMBERS, EMPLOYEES, AGENTS, AFFILIATES, AND CONTRACTORS (OTHER THAN CONTRACTOR), DIRECT AND REMOTE (COLLECTIVELY, "ASSOCIATION GROUP") FROM AND AGAINST ALL CLAIMS, DEMANDS, CAUSES OF ACTION AND LIABILITY OF EVERY KIND AND CHARACTER (INCLUDING ALL EXPENSES OF LITIGATION, COURT COSTS, AND ATTORNEYS' FEES) (COLLECTIVELY, "CLAIMS") ARISING OUT OF, RESULTING FROM, OR IN ANY WAY INCIDENTAL TO, DIRECTLY OR INDIRECTLY, THE WORK OR THIS AGREEMENT INSOFAR AS THE SAME ARE NOT CAUSED BY THE NEGLIGENCE OR FAULT, THE BREACH OR VIOLATION OF A STATUTE, ORDINANCE, GOVERNMENTAL REGULATION, STANDARD, OR RULE, OR BREACH OF CONTRACT OF ANY MEMBER OF ASSOCIATION GROUP OR ANY THIRD PARTY UNDER THE CONTROL OR SUPERVISION OF THE ASSOCIATION, OTHER THAN CONTRACTOR OR CONTRACTOR'S AGENTS, EMPLOYEES, SUBCONTRACTORS, OR ASSIGNED INDIVIDUALS OF ANY TIER (COLLECTIVELY, "CONTRACTOR GROUP"). B. NOTWITHSTANDING SECTION 6(A) ABOVE, CONTRACTOR AGREES TO AND SHALL DEFEND, INDEMNIFY, AND HOLD HARMLESS EACH MEMBER OF ASSOCIATION GROUP FROM AND AGAINST ALL CLAIMS ON ACCOUNT OF BODILY INJURY OR DEATH THAT MAY BE MADE OR ASSERTED BY ANY MEMBER OF CONTRACTOR GROUP, ARISING OUT OF, RESULTING FROM, OR IN ANY WAY INCIDENTAL TO, DIRECTLY OR INDIRECTLY, THE WORK OR THIS AGREEMENT; THE FOREGOING INDEMNIFICATION, RELEASE, AND OTHER OBLIGATIONS SET FORTH IN THIS SECTION 6(B) SHALL APPLY WHETHER OR NOT SUCH CLAIMS ARISE OUT OF OR ARE BASED UPON: (I) THE NEGLIGENCE (INCLUDING SOLE NEGLIGENCE, SINGLE NEGLIGENCE, CONCURRENT NEGLIGENCE, ACTIVE OR PASSIVE NEGLIGENCE) OF ONE OR MORE OF THE MEMBERS OF ASSOCIATION GROUP; OR (II) STRICT LIABILITY. CONTRACTOR ACKNOWLEDGES THAT IT IS INDEMNIFYING ASSOCIATION GROUP FOR ITS OWN SOLE AND PARTIAL NEGLIGENCE. C. CONTRACTOR AGREES TO AND SHALL RELEASE, DEFEND, INDEMNIFY AND HOLD HARMLESS ASSOCIATION GROUP FROM AND AGAINST ANY AND ALL CLAIMS FOR ALLEGED UNPAID WAGES, OVERTIME, DAMAGES, ATTORNEYS' FEES, AND COSTS UNDER THE FAIR LABOR STANDARDS ACT AND/OR ANY APPLICABLE FEDERAL OR STATE WAGE LAW, AND/OR ANY DISCRIMINATION, HARASSMENT, OR BENEFITS CLAIMS UNDER FEDERAL OR STATE LAW, AGAINST ASSOCIATION GROUP INCLUDING, BUT NOT LIMITED TO, (I) FAILURE TO PAY FEES OR MONIES FOR SERVICES PROVIDED TO CONTRACTOR GROUP IN ACCORDANCE WITH THE REQUIREMENTS OF THE FAIR LABOR STANDARDS ACT AND APPLICABLE FEDERAL OR STATE LAW, AND/OR (II) CLAIMS RELATING TO DIS...
Indemnity Agreement. 16 (f) To secure repayment of the Funds, Indemnitee grants to the Company a security interest in the Funds and the Indemnity Account. Indemnitee will execute and deliver such documents, including notices to the institution with which the Indemnity Account is maintained, as the Company reasonably requests to perfect and continue the security interest granted under this Agreement. (g) Any use of the Funds for any purpose other than payment of Authorized Expenses will constitute a default under this Agreement. Upon such default, the entire principal amount of the Funds, less any amount paid for Authorized Expenses, will be due and payable to the Company. (h) Notwithstanding any other provision of this Agreement to the contrary, the Funds shall be repayable upon the establishment by the Company of an irrevocable Letter of Credit meeting the criteria of Section 9(a) in an amount required under Section 9(a) for officers and directors as of the date such Letter of Credit is established naming Indemnitee as sole beneficiary and requiring prior written notice by the financial institution to Indemnitee of any non-renewal, to secure obligations of the Company under the Agreement, and drawable as provided in Section 9(b) of this Agreement. (i) The Company agrees to treat the transfer of Funds pursuant to this Agreement as a loan to Indemnitee for federal and state income tax purposes and, with respect to the Funds and any earnings thereon, to adopt in its tax returns such positions as will alleviate or minimize, to the maximum extent possible, any liability of Indemnitee for Taxes. The Company further agrees to indemnify each Indemnitee, and to hold each Indemnitee harmless from and against any liability for Taxes (including for Taxes payable with respect to this indemnification, and whether arising upon the filing of a return or a subsequent adjustment by any taxing authority) arising with respect to the Funds or earnings thereon, and to pay or reimburse Indemnitee promptly in respect of such Taxes (including for Taxes paid by Indemnitee as Authorized Expenses hereunder).
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