Common use of The Bank of New York Clause in Contracts

The Bank of New York. In the event The Bank of New York, as a mortgagee, makes any claim against the parties arising out of this Agreement or the Bank's claim to an interest in the real property subject of this stipulation, the Owner shall defend the claim at its cost and expense and shall fully indemnify the Village against any final judgment arising out of said claim, including but not limited to costs, expenses and reasonable attorney fees.