Common use of Reliance and Indemnification Clause in Contracts

Reliance and Indemnification. This Agreement may be relied upon by the purchaser in the purchase of the Property, Lender to make a loan secured by the Deed of Trust encumbering the Property and by Company in issuance of a title insurance policy or policies insuring title to the Property without exception to matters certified in this Agreement. The provisions of this Agreement shall survive the disbursement of funds and closing of this transaction and shall be binding upon Owner and Contractor (and anyone claiming by, through or under them). Owner and Contractor agree to indemnify and hold purchaser, Lender, and Company harmless of and from any and all loss, cost, damage and expense of every kind, and attorney’s fees, costs and expenses, which the purchaser, Lender or Company shall or may incur or become liable for, directly or indirectly, as a result of reliance on the respective certifications of Owner and Contractor made herein or in enforcement of the Company’s rights hereunder. NOTE: Notwithstanding the foregoing, no party to this Agreement assumes liability for certifications made by another party.

Reliance and Indemnification. This Agreement may be relied upon by the purchaser in the purchase of the Property, Lender to make a loan secured by the Deed of Trust encumbering the Property and by Company in issuance of a title insurance policy or policies insuring title to priority of the lien of the Deed of Trust on the Property without exception to matters certified in this Agreement. The provisions of this Agreement shall survive the disbursement of funds and closing of this transaction and shall be binding upon Owner and Contractor (and anyone claiming by, through or under them). Owner and Contractor agree to indemnify and hold purchaser, Lender, Lender and Company harmless of and from any and all loss, cost, damage and expense of every kind, and attorney’s fees, costs and expenses, which the purchaser, Lender or Company shall or may incur or become liable for, directly or indirectly, as a result of reliance on the respective certifications of the Owner and Contractor made herein or in enforcement of the Company’s rights hereunder. NOTE: Notwithstanding the foregoing, no party to this Agreement assumes liability for certifications made by another party.

Reliance and Indemnification. This Agreement may be relied upon by the purchaser in the purchase of the Property, Lender Xxxxxx to make a loan secured by the Deed of Trust encumbering the Property and by Company in issuance of a title insurance policy or policies insuring title to priority of the lien of the Deed of Trust on the Property without exception to matters certified in this Agreement. The provisions of this Agreement shall survive the disbursement of funds and closing of this transaction and shall be binding upon Owner and Contractor (and anyone claiming by, through or under them). Owner and Contractor agree to indemnify and hold purchaser, Lender, Lender and Company harmless of and from any and all loss, cost, damage and expense of every kind, and attorney’s fees, costs and expenses, which the purchaser, Lender or Company shall or may incur or become liable for, directly or indirectly, as a result of reliance on the respective certifications of the Owner and Contractor made herein or in enforcement of the Company’s rights hereunder. NOTE: Notwithstanding the foregoing, no party to this Agreement assumes liability for certifications made by another party.