Common use of Indemnification of the Escrow Agent Clause in Contracts

Indemnification of the Escrow Agent. 12.01 Addison York and Vendor, or their respective successors and assigns, jointly and severally agree to indemnify and save and hold harmless the Escrow Agent and its successors and assigns of, from and against all losses, costs and expenses that the Escrow Agent shall sustain or incur as a result of the Escrow Agent's involvement as a party thereto in any litigation commenced prior to the termination of this Agreement, arising from the performance by the Escrow Agent of its duties and responsibilities under and pursuant to this Agreement that is not attributable in any manner, or to any extent, to any action taken, or omitted, by the Escrow Agent in connection with this Agreement in respect of which the Escrow Agent shall have been adjudged to have been negligent.

Appears in 1 contract

Samples: Escrow Agreement (Anthony Clark International Insurance Brokers LTD)

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Indemnification of the Escrow Agent. 12.01 Addison York 9.01 Addison, AVL and Vendorthe Shareholders, or their respective successors and assigns, jointly and severally agree to indemnify and save and hold harmless the Escrow Agent and its successors and assigns of, from and against all losses, costs and expenses that the Escrow Agent shall sustain or incur as a result of the Escrow Agent's involvement as a party thereto hereto in any litigation commenced prior to or after the termination of this Agreement, arising from the performance by the Escrow Agent of its duties and responsibilities under and pursuant to this Agreement that is not attributable in any manner, or to any extent, to any action taken, or omitted, by the Escrow Agent in connection with this Agreement in respect of which the Escrow Agent shall have been adjudged to have been negligent.

Appears in 1 contract

Samples: Escrow Agreement (Anthony Clark International Insurance Brokers LTD)

Indemnification of the Escrow Agent. 12.01 Addison York 9.01 Addison, DKWS and Vendorthe Trust, or their respective successors and assigns, jointly and severally agree to indemnify and save and hold harmless the Escrow Agent and its successors and assigns of, from and against all losses, costs and expenses that the Escrow Agent shall sustain or incur as a result of the Escrow Agent's involvement as a party thereto in any litigation commenced prior to the termination of this Agreement, arising from the performance by the Escrow Agent of its duties and responsibilities under and pursuant to this Agreement that is not attributable in any manner, or to any extent, to any action taken, or omitted, by the Escrow Agent in connection with this Agreement in respect of which the Escrow Agent shall have been adjudged to have been negligent.

Appears in 1 contract

Samples: Escrow Agreement (Anthony Clark International Insurance Brokers LTD)

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Indemnification of the Escrow Agent. 12.01 8.01 Addison York and VendorAVL, or their respective successors and assigns, jointly and severally agree to indemnify and save and hold harmless the Escrow Agent and its successors and assigns of, from and against all losses, costs and expenses that the Escrow Agent shall sustain or incur as a result of the Escrow Agent's involvement as a party thereto hereto in any litigation commenced prior to or after the termination of this Agreement, arising from the performance by the Escrow Agent of its duties and responsibilities under and pursuant to this Agreement that is not attributable in any manner, or to any extent, to any action taken, or omitted, by the Escrow Agent in connection with this Agreement in respect of which the Escrow Agent shall have been adjudged to have been negligent.

Appears in 1 contract

Samples: Escrow Agreement (Anthony Clark International Insurance Brokers LTD)

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