Common use of Company’s Indemnity Obligations Clause in Contracts

Company’s Indemnity Obligations. COMPANY SHALL DEFEND, INDEMNIFY, HOLD HARMLESS AND RELEASE CONTRACTOR GROUP FROM AND AGAINST ANY AND ALL CLAIMS, LOSSES, DAMAGES, DEMANDS, CAUSES OF ACTION, SUITS, AND LIABILITY OF EVERY KIND, INCLUDING ALL EXPENSES OF LITIGATION, COURT COSTS AND ATTORNEYS’ FEES WHICH MAY BE INCURRED BY CONTRACTOR GROUP AS A RESULT OF SUCH CLAIMS, DEMANDS, OR SUITS BROUGHT OR ASSERTED AGAINST CONTRACTOR GROUP BY ANY PARTY WHOMSOEVER, INCLUDING ANY THIRD PARTY TO WHOM CONTRACTOR GROUP IS OBLIGATED TO PROVIDE INDEMNITY BY CONTRACT OR OTHERWISE, ARISING FROM ANY CLAIM OF LOSS, DAMAGE, INJURY, ILLNESS OR DEATH DESCRIBED IN SUBPARAGRAPHS (a) THROUGH (j) BELOW, REGARDLESS (EXCEPT AS EXPRESSLY PROVIDED HEREIN) OF (I) WHO MAY BE AT FAULT OR OTHERWISE RESPONSIBLE UNDER ANY OTHER CONTRACT, OR (II) ANY STATUTE, RULE OR THEORY OF LAW, INCLUDING BUT NOT LIMITED TO THEORIES OF STRICT OR STATUTORY LIABILITY OR THE UNSEAWORTHINESS OR UNAIRWORTHINESS OF ANY VESSEL OR AIRCRAFT, AND EVEN THOUGH THE SUBJECT LOSS, DAMAGE, INJURY, ILLNESS OR DEATH MAY HAVE BEEN CAUSED IN WHOLE OR IN PART BY: (1) THE SOLE, CONCURRENT, ACTIVE, PASSIVE OR OTHER NEGLIGENCE OR FAULT OF CONTRACTOR GROUP OR A THIRD PARTY OR (2) A DEFECT IN ANY PROPERTY OR EQUIPMENT OF EITHER PARTY, INCLUDING BUT NOT LIMITED TO THOSE DEFECTS PRE-EXISTING THE EFFECTIVE DATE OF THIS AGREEMENT.