Common use of Other Indemnity Clause in Contracts

Other Indemnity. TWELFTH: The Operator and the Indemnitors shall continue to remain bound under the terms of this Agreement even though the Bond Pool may have from time to time heretofore or hereafter, with or without notice to or knowledge of the Operator and the Indemnitors, accepted or released other agreements of indemnity or collateral in connection with the execution or procurement of said Xxxx, from the Operator or Indemnitors or others, it being expressly understood and agreed by the Operator and the Indemnitors that any and all other rights which the Bond Pool may have or acquire against the Operator and the Indemnitors and/or others under any such other or additional agreements of indemnity or collateral shall be in addition to, and not in lieu of, the rights afforded the Bond Pool under this Agreement.

Other Indemnity. TWELFTH: The Operator and the Indemnitors shall continue to remain bound under the terms of this Agreement even though the Bond Pool may have from time to time heretofore or hereafter, with or without notice to or knowledge of the Operator and the Indemnitors, accepted or released other agreements of indemnity or collateral in connection with the execution or procurement of said XxxxBond, from the Operator or Indemnitors or others, it being expressly understood and agreed by the Operator and the Indemnitors that any and all other rights which the Bond Pool may have or acquire against the Operator and the Indemnitors and/or others under any such other or additional agreements of indemnity or collateral shall be in addition to, and not in lieu of, the rights afforded the Bond Pool under this Agreement.