Payment; Indemnity Clause Samples

Payment; Indemnity. Lessee shall be responsible for all costs and charges for any work done by or for it on the Premises or in connection with the Lessee’s occupancy thereof, and Lessee shall keep the Premises free and clear of all mechanics’ liens and other liens and encumbrances resulting from work done for Lessee or persons claiming under it; provided, however, that Lessee may in good faith, and with reasonable diligence, contest or dispute any such lien claims in any appropriate forum so ling as this Lease or the Leased Parcel are not actually in danger of levy or sale. Lessee expressly agrees to and shall indemnify and save Lessor harmless against liability, loss, damages, costs, attorney’s fees and all other expenses on account of claims of lien or other encumbrances of laborers or material men or others for work performed or materials or supplies furnished to Lessee or Persons claiming under it. Further, any contracts between Lessee or sublessees and any contractors and subcontractors shall expressly hold Lessor harmless against any liability arising from such contracts, as described above.

Payment; Indemnity. (a) If Borrower or Guarantor shall be required by law to deduct or withhold any and all present or future taxes, levies, imposts, deductions, charges or withholdings, and all liabilities with respect thereto (excluding, in the case of Lender, such taxes as are imposed on or measured by Lender’s net income by any jurisdiction or any political subdivision thereof) from or in respect of any sum payable hereunder under or under any of the other Financing Agreements to Lender, then: (i) the sum payable shall be increased as necessary so that after making all required deductions and withholdings (including deductions and withholdings applicable to additional sums payable under this Section) Lender receives an amount equal to the sum it would have received had no such deductions or withholdings been made; (ii) Borrower or Guarantor shall make such deductions and withholdings; (iii) Borrower or Guarantor shall pay the full amount deducted or withheld to the relevant taxing authority or other authority in accordance with applicable law; and (iv) Borrower or Guarantor shall also pay to Lender, at the time interest is paid, all additional amounts which Lender specifies as necessary to preserve the after-tax yield Lender would have received if such taxes or other amounts had not been imposed. (b) Within thirty (30) days after the date of any payment by Borrower or Guarantor of and all present or future taxes, levies, imposts, deductions, charges or withholdings, and all liabilities with respect thereto. Upon Lender’s request, Borrower or Guarantor shall furnish to Lender the original or a certified copy of a receipt evidencing payment thereof, or other evidence of payment satisfactory to Lender.

Payment; Indemnity. Lessee shall be responsible for payment of all costs and charges for any work done by or for it on the Premises or in connection with ▇▇▇▇▇▇’s occupancy thereof, and, subject to the provisions of Section 10.2, Lessee shall keep the Premises free and clear of all mechanics’ liens and other liens and encumbrances on account of work done for or authorized by Lessee or Persons claiming under it or bond over such liens according to state law. ▇▇▇▇▇▇ expressly agrees to and shall indemnify and hold Lessor harmless against liability, damages, costs, attorneys’ fees and all other expenses or loss on account of claims of lien or other encumbrances of laborers or material men or others for work performed or materials or supplies furnished for or authorized by Lessee or Persons claiming under it.

Payment; Indemnity. The Driver Partner agrees to indemnify, and keep indemnified, The Company in relation to any and all Loss it incurs as a result of the Driver Partner’s breach of any of its obligations in clause 6.

Payment; Indemnity. Buyer will pay the Seller or an agent invoicing for Seller the price for the ▇▇▇▇▇ upon delivery of electronic warehouse receipts. Seller represents and acknowledges that if an agent is invoicing for the Seller such agent shall have been appointed by the Seller to act for the Seller’s sole benefit. Any payments made pursuant to the terms of this Agreement by the Buyer to the agent for Acceptable Cotton shall be deemed to be full and final payments to the Seller. Seller shall have no recourse against the Buyer in the event that the agent fails to remit to the Seller all or any portion of such payments made by the Buyer to the Agent on behalf of the Seller for the Acceptable Cotton. The Seller agrees to indemnify and hold the Buyer harmless from any and all loss, damage and expense, including reasonable attorneys’ fees, suffered by the Buyer as the result of (i) the failure of the agent and/or the Seller to account to any interested party; (ii) the failure of the agent and/or the Seller to pay and discharge any lien or security interest against the cotton; or (iii) by reason of Seller’s sale or contract to sell the cotton to any party other than the Buyer.