Common use of ERISA and FIRRMA Indemnification Clause in Contracts

ERISA and FIRRMA Indemnification. Borrower shall, at its sole cost and expense, protect, defend, indemnify, release and hold harmless the Indemnified Parties from and against any and all Losses (including, without limitation, reasonable attorneys’ fees and costs incurred in the investigation, defense, and settlement of Losses incurred in correcting any prohibited transaction or in the sale of a prohibited loan, and in obtaining any individual prohibited transaction exemption under ERISA that may be required, in Lxxxxx’s sole discretion) that Lender may incur, directly or indirectly, as a result of a breach of a representation, warranty or covenant under Sections 3.7 or 4.19 of this Agreement.

ERISA and FIRRMA Indemnification. Borrower shall, at its sole cost and expense, protect, defend, indemnify, release and hold harmless the Indemnified Parties from and against any and all Losses (including, without limitation, reasonable attorneys’ fees and costs incurred in the investigation, defense, and settlement of Losses incurred in correcting any prohibited transaction or in the sale of a prohibited loan, and in obtaining any individual prohibited transaction exemption under ERISA that may be required, in LxxxxxXxxxxx’s sole discretion) that Lender may incur, directly or indirectly, as a result of a breach of a representation, warranty or covenant under Sections 3.7 or 4.19 of this Agreement.

ERISA and FIRRMA Indemnification. Borrower shall, at its sole cost and expense, protect, defend, indemnify, release and hold harmless the Indemnified Parties from and against any and all Losses (including, without limitation, reasonable attorneys’ fees and costs incurred in the investigation, defense, and settlement of Losses incurred in correcting any prohibited transaction or in the sale of a prohibited loan, and in obtaining any individual prohibited transaction exemption under ERISA that may be required, in LxxxxxAdministrative Agent’s sole discretion) that Lender Administrative Agent may incur, directly or indirectly, as a result of a breach of a representation, warranty warrant or covenant under Sections 3.7 or 4.19 of this Agreement.