Common use of Costs, Expenses and Indemnification Clause in Contracts

Costs, Expenses and Indemnification. The provisions regarding costs and expenses and indemnification Obligations contained in Sections 11.04 and 11.07 of this Agreement shall apply in all respects to any transactions involving any Existing New York Note, any Existing New York Mortgage, any New York Term Note or any New York Mortgage and all actions taken or omitted to be taken by the Administrative Agent and the Banks in connection therewith. Neither the Administrative Agent nor any of the Banks shall be responsible for any losses, costs or expenses incurred by the Borrower or any of its Subsidiaries in connection with the loss of any recording tax credits or savings pertaining to any Existing New York Mortgage or any New York Mortgage. Further, without limitation of any other indemnification obligations of the Borrower pursuant to the Credit Documents, the Borrower will expressly indemnify the Administrative Agent and the Banks from any and all losses, costs and expenses (including reasonable legal fees) they may incur as a result of failure by the Borrower or any of its Subsidiaries to pay any recording or other documentary taxes associated with any Existing New York Mortgage or any New York Mortgage.

Costs, Expenses and Indemnification. The provisions regarding costs and expenses and indemnification Obligations contained in Sections 11.04 and 11.07 Section 10.04 of this Agreement shall apply in all respects to any transactions involving any Existing New York Note, any Existing New York Mortgage, any New York Term Note or any New York Mortgage and all actions taken or omitted to be taken by the Administrative Agent and the Banks Lender Parties in connection therewith. Neither the Administrative Agent nor any of the Banks Lender Parties shall be responsible for any losses, costs or expenses incurred by the Borrower or any of its Subsidiaries Affiliates in connection with the loss of any recording tax credits or savings pertaining to any Existing New York Mortgage or any New York Mortgage. Further, without limitation of any other indemnification obligations of the Borrower pursuant to the Credit Loan Documents, the Borrower will expressly indemnify the Administrative Agent and the Banks Lender Parties from any and all losses, costs and expenses (including reasonable legal fees) they may incur as a result of failure by the Borrower or any of its Subsidiaries Affiliates to pay any recording or other documentary taxes associated with any Existing New York Mortgage or any New York Mortgage.