Common use of Contributed Assets Indemnity Clause in Contracts

Contributed Assets Indemnity. The Operating Partnership hereby agrees to indemnify, defend and hold each Contributor Indemnified Party harmless from and against any and all Losses asserted against, resulting to, imposed upon or incurred by any such Contributor Indemnified Party by reason of or resulting from any claim that may be made against the Contributed Assets or the Operating Partnership for anything arising after the Time of Transfer with respect to the Contributed Assets.