Common use of Assignee’s Indemnification Clause in Contracts

Assignee’s Indemnification. Assignee hereby agrees to indemnify, defend and hold each of Assignor and Lender harmless from all claims, liabilities, damages, losses, demands, judgments, costs or expenses (including actual attorneys’ fees and costs) made against or suffered by Assignor or Lender, as the case may be, which relate to any obligations of Assignee, arising out of events occurring on or after the date hereof in respect of the Loan Documents or the Mortgaged Property.

Appears in 2 contracts

Samples: Assumption and Modification and Spreader Agreement, Assumption and Modification and Spreader Agreement (Global Income Trust, Inc.)

AutoNDA by SimpleDocs

Assignee’s Indemnification. Assignee hereby agrees to indemnify, defend and hold each of Assignor and Lender harmless from all claims, liabilities, damages, losses, demands, judgments, costs or expenses (including actual attorneys' fees and costs) made against or suffered by Assignor or Lender, as the case may be, which relate to any obligations of Assignee, arising out of events occurring on or after the date hereof in respect of the Loan Documents or the Mortgaged Property.

Appears in 1 contract

Samples: Assumption Agreement (Glimcher Realty Trust)

AutoNDA by SimpleDocs

Assignee’s Indemnification. Assignee hereby agrees to indemnifyshall defend, defend protect, indemnify and hold each of harmless Assignor from and Lender harmless from against any and all liabilities, suits, actions, obligations, losses, claims, liabilities, damages, lossesreasonable costs and expenses, demandsincluding without limitation, judgments, costs or expenses (including actual attorneys’ reasonable counsel fees and costs) made against expenses, suffered or suffered incurred by Assignor resulting from any failure by Assignee to observe or Lender, as perform any of its agreements or obligations hereunder or under the case may be, which relate Lease or with respect to any obligations of Assignee, arising out of events occurring on or after the date hereof in respect of the Loan Documents or the Mortgaged PropertyLeased Premises.

Appears in 1 contract

Samples: Assignment and Assumption of Lease (Marlborough Software Development Holdings Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!