Common use of Acknowledgement of Indemnification Provisions Clause in Contracts

Acknowledgement of Indemnification Provisions. IT IS EXPRESSLY AGREED AND UNDERSTOOD BY MORTGAGOR THAT THIS MORTGAGE INCLUDES INDEMNIFICATION PROVISIONS WHICH, IN CERTAIN CIRCUMSTANCES, INCLUDE AN INDEMNIFICATION BY MORTGAGOR OF MORTGAGEE FROM CLAIMS OR LOSSES ARISING AS A RESULT OF MORTGAGEE’S OWN NEGLIGENCE.

Appears in 2 contracts

Samples: Security Agreement and Fixture Filing Statement (Green Plains Inc.), Security Agreement and Fixture Filing Statement (Green Plains Inc.)

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Acknowledgement of Indemnification Provisions. IT IS EXPRESSLY AGREED AND UNDERSTOOD BY MORTGAGOR THAT THIS MORTGAGE INCLUDES INDEMNIFICATION PROVISIONS WHICH, IN CERTAIN CIRCUMSTANCES, INCLUDE AN INDEMNIFICATION BY MORTGAGOR OF MORTGAGEE FROM CLAIMS OR LOSSES ARISING AS A RESULT OF MORTGAGEE’S OWN NEGLIGENCE.. 

Appears in 2 contracts

Samples: Security Agreement and Fixture Filing Statement (Green Plains Inc.), Security Agreement and Fixture Filing Statement (Green Plains Inc.)

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