Economic Sanctions and AML Laws Indemnity. Xxxxxxxx agrees to indemnify, hold harmless and defend Indemnitees from and against all proceedings, claims, damages, penalties and costs (whether initiated or sought by Governmental Authorities or private parties), including Attorneys’ Fees and Costs and remediation costs, whether incurred in connection with any judicial or administrative process or otherwise, arising directly or indirectly from any failure of Borrower or any Borrower Principal to comply with the Economic Sanctions Laws or AML Laws (“Economic Sanctions and AML Laws Indemnity”).
Appears in 7 contracts
Samples: Continuing Covenant Agreement, Continuing Covenant Agreement, Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.)
Economic Sanctions and AML Laws Indemnity. Xxxxxxxx Borrower agrees to indemnify, hold harmless and defend Indemnitees from and against all proceedings, claims, damages, penalties and costs (whether initiated or sought by Governmental Authorities or private parties), including Attorneys’ Fees and Costs and remediation costs, whether incurred in connection with any judicial or administrative process or otherwise, arising directly or indirectly from any failure of Borrower or any Borrower Principal to comply with the Economic Sanctions Laws or AML Laws (“Economic Sanctions and AML Laws Indemnity”).
Appears in 5 contracts
Samples: Multifamily Loan and Security Agreement (New Senior Investment Group Inc.), Continuing Covenant Agreement, Continuing Covenant Agreement
Economic Sanctions and AML Laws Indemnity. Xxxxxxxx agrees to indemnify, hold harmless and defend Indemnitees from and against all proceedings, claims, damages, penalties and costs (whether initiated or sought by Governmental Authorities or private parties), including Attorneys’ Fees and Costs and remediation costs, whether incurred in connection with any judicial or administrative process or otherwise, arising directly or indirectly from any failure of Borrower or any Borrower Principal to comply with the Economic Sanctions Laws or AML Laws (“Economic Sanctions and AML Laws Indemnity”).. (f)
Appears in 1 contract
Samples: Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.)