Common use of Assignment and Indemnity Clause in Contracts

Assignment and Indemnity. Borrower consents to Bank’s assignment of all or any part of Bank’s rights under this Agreement and the Loan Agreement. Borrower shall indemnify and defend and hold Bank and any assignee of Bank’s interests harmless from any actions, costs, losses or expenses (including attorneys’ fees) arising out of such assignment, this Agreement and the Loan Agreement. [end of agreement -- signatures appear on following page]

Appears in 3 contracts

Samples: Forbearance Agreement (Northern Power Systems Corp.), Forbearance Agreement (Northern Power Systems Corp.), Forbearance Agreement (Northern Power Systems Corp.)

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Assignment and Indemnity. Borrower consents to Bank’s assignment of all or any part of Bank’s rights under this Agreement and the Loan Agreement. Borrower shall indemnify and defend and hold Bank and any assignee of Bank’s interests harmless from any actions, costs, losses or expenses (including attorneys’ fees) arising out of such assignment, this Agreement and the Loan Agreement. [end of agreement -- signatures appear on following page].

Appears in 1 contract

Samples: Loan and Security Agreement (Lucid Inc)

Assignment and Indemnity. Borrower consents to Bank’s assignment of all or any part of Bank’s rights under this Agreement and the other Loan AgreementDocuments. Borrower shall indemnify and defend and hold Bank and any assignee of Bank’s interests harmless from any actions, costs, losses or expenses (including attorneys’ fees) arising out of such assignment, this Agreement and the Loan Agreement. [end of agreement -- signatures appear on following page].

Appears in 1 contract

Samples: Forbearance Agreement (Biolase, Inc)

Assignment and Indemnity. Borrower consents to Bank’s assignment of all or any part of Bank’s rights under this Amendment and the Loan Agreement and in accordance with the terms of the Loan Agreement. Borrower shall indemnify and defend and hold Bank and any assignee of Bank’s interests harmless from any actions, costs, losses or expenses (including attorneys’ fees) arising out of such assignment, this Agreement Amendment and the Loan Agreement in accordance with the terms of the Loan Agreement. [end of agreement -- signatures appear on following page].

Appears in 1 contract

Samples: Loan and Security Agreement (BioNano Genomics, Inc)

Assignment and Indemnity. Borrower consents Obligors consent to Bank’s 's assignment of all or any part of Bank’s 's rights under this Agreement and the Loan AgreementDocuments. Borrower Obligors shall indemnify and defend and hold Bank and any assignee of Bank’s 's interests harmless from any actions, costs, losses or expenses (including attorneys' fees) arising out of such assignment, this Agreement and the Loan Agreement. [end of agreement -- signatures appear on following page]Documents.

Appears in 1 contract

Samples: Assignment, Assumption and Forbearance Agreement (Imatec LTD)

Assignment and Indemnity. Borrower consents to Bank’s 's assignment of all or any part of Bank’s 's rights under this Agreement and the Loan AgreementDocuments. Borrower shall indemnify and defend and hold Bank and any assignee of Bank’s 's interests harmless from any actions, costs, losses or expenses (including reasonable attorneys' fees) arising out of such assignment, the Obligations including Borrower's obligations hereunder; provided that this Agreement and the Loan Agreement. [end of agreement -- signatures appear on following page]indemnity shall not extend to damages proximately caused by Bank's own willful misconduct.

Appears in 1 contract

Samples: Forbearance Agreement (Exabyte Corp /De/)

Assignment and Indemnity. Borrower consents to Bank’s 's assignment of all or any part of Bank’s 's rights under this Agreement Amendment and the Loan AgreementDocuments. Borrower shall indemnify and defend and hold Bank and any an assignee of Bank’s 's interests harmless from any actions, costs, losses or expenses (including attorneys' fees) arising out of such assignment, this Agreement Amendment and the Loan Agreement. [end of agreement -- signatures appear on following page]Documents.

Appears in 1 contract

Samples: Loan and Security Agreement and Forbearance Agreement (General Automation Inc)

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Assignment and Indemnity. Borrower consents to Bank’s assignment of all or any part of Bank’s rights under this Agreement Amendment and the Loan Agreement. Borrower shall indemnify and defend and hold Bank and any assignee of Bank’s interests harmless from any actions, costs, losses or expenses (including attorneys’ fees) arising out of such assignment, this Agreement Amendment and the Loan Agreement. [end of agreement -- signatures appear on following page].

Appears in 1 contract

Samples: Loan and Security Agreement (BioNano Genomics, Inc)

Assignment and Indemnity. Borrower consents to Bank’s 's assignment of all or any part of Bank’s 's rights under this Agreement Amendment and the Loan AgreementDocuments. Borrower shall indemnify and defend and hold Bank and any assignee of Bank’s 's interests harmless from any actions, costs, losses or expenses (including attorneys' fees) ( arising out of such assignmentassignment , this Agreement Amendment and the Loan Agreement. [end of agreement -- signatures appear on following page]Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (General Automation Inc)

Assignment and Indemnity. Borrower consents to Bank’s 's assignment of all or any part of Bank’s 's rights under this Agreement Amendment and the Loan AgreementDocuments. Borrower shall indemnify and defend and hold Bank and any assignee of Bank’s 's interests harmless from any actions, costs, losses or expenses (including attorneys' fees) arising out of such assignment, this Agreement Amendment and the Loan Agreement. [end of agreement -- signatures appear on following page]Documents.

Appears in 1 contract

Samples: Loan and Security Agreement and Forbearance Agreement (General Automation Inc)

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