Common use of Indemnification Clause Clause in Contracts

Indemnification Clause. Each party shall indemnify, defend and hold harmless the other party from and against any liability, loss, cost, damage and expense because of injury or damage to persons or property resulting from, or arising out of the use of its own facilities or the production or flow of electric energy by and through its own facilities, except when such injury or damage is due to the sole negligence of the other party. In addition, each party shall hold the other party harmless for any taxes, licenses, permits, fees, penalties, or fines assessed against one party upon any of the property of such party located on the premises of the other party.

Appears in 5 contracts

Samples: Agreement (Ipalco Enterprises, Inc.), Agreement (Indianapolis Power & Light Co), Agreement (Ipalco Enterprises Inc)

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Indemnification Clause. Each party Party shall indemnify, defend and hold harmless the other party Party from and against any liability, loss, cost, damage and expense because of injury or damage to persons or property resulting from, or arising out of the use of its own facilities or the production or flow of electric energy by and through its own facilities, except when such injury or damage is due to the sole negligence of the other partyParty. In addition, each party Party shall hold the other party Party harmless for any taxes, licenses, permits, fees, penalties, or fines assessed against one party Party upon any of the property of such party Party located on the premises of the other partyParty.

Appears in 2 contracts

Samples: Interconnection Agreement (Indianapolis Power & Light Co), Interconnection Agreement (Indianapolis Power & Light Co)

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