Common use of Fees and Expenses; Indemnity Clause in Contracts

Fees and Expenses; Indemnity. Each Borrower will pay all reasonable fees, charges, costs and expenses required to satisfy the conditions of the Financing Documents. Each Borrower shall hold the Lenders harmless and indemnify the Lenders against all claims of brokers and "finders" arising by reason of the execution and delivery of the Financing Documents or the consummation of the transaction contemplated hereby. Neither party is aware of any broker having a claim for payment.

Appears in 2 contracts

Samples: Financing and Security Agreement (American Retirement Corp), Financing and Security Agreement (American Retirement Corp)

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Fees and Expenses; Indemnity. Each Borrower will pay Pay all reasonable fees, charges, costs and expenses required to satisfy the conditions of the Financing Documents. Each The Borrower shall hold the Lenders harmless and indemnify the Lenders and the Lenders shall hold the Borrower harmless and will indemnify the Borrower against all claims of brokers and "finders" arising by reason of the execution and delivery of the Financing Documents or the consummation of the transaction contemplated hereby. Neither party is aware of any broker having a claim for payment.

Appears in 1 contract

Samples: Financing and Security Agreement (Alternative Living Services Inc)

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Fees and Expenses; Indemnity. Each The Borrower will shall pay all reasonable fees, charges, costs and expenses required to satisfy the conditions of the Financing Documents. Each The Borrower shall hold the Lenders harmless and indemnify the Lenders against all claims of brokers and "finders" arising by reason of the execution and delivery of the Financing Documents or the consummation of the transaction contemplated hereby. Neither party is aware of any broker having a claim for payment.

Appears in 1 contract

Samples: Master Construction Loan Agreement (Sunrise Assisted Living Inc)

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