Common use of SPECIFIC NOTICE Clause in Contracts

SPECIFIC NOTICE. IT IS EXPRESSLY AGREED AND UNDERSTOOD THAT THIS ASSIGNMENT INCLUDES INDEMNIFICATION PROVISIONS (INCLUDING, WITHOUT LIMITATION, THE INDEMNIFICATION PROVISIONS CONTAINED IN SECTION 1 HEREOF) WHICH, IN CERTAIN CIRCUMSTANCES, COULD INCLUDE AN INDEMNIFICATION BY ASSIGNOR OF ASSIGNEE FROM CLAIMS OR LOSSES RESULTING FROM ASSIGNEE’S NEGLIGENCE.

Appears in 1 contract

Sources: Loan Agreement (Catellus Development Corp)

SPECIFIC NOTICE. IT IS EXPRESSLY AGREED AND UNDERSTOOD THAT THIS ASSIGNMENT INCLUDES INDEMNIFICATION PROVISIONS (INCLUDING, WITHOUT LIMITATION, THE INDEMNIFICATION PROVISIONS CONTAINED IN SECTION 1 SECTIONS 1.8(D) AND 1.25 HEREOF) WHICH, IN CERTAIN CIRCUMSTANCES, COULD INCLUDE AN INDEMNIFICATION BY ASSIGNOR TRUSTOR OF ASSIGNEE BENEFICIARY FROM CLAIMS OR LOSSES RESULTING FROM ASSIGNEEBENEFICIARY’S NEGLIGENCE.

Appears in 1 contract

Sources: Loan Agreement (Catellus Development Corp)