Common use of Immunity and Indemnification Clause in Contracts

Immunity and Indemnification. The Escrow Agent will not incur personal liability of any nature in connection with any act or omission, made in good faith, in the administration of this Escrow Account, or in carrying out any directions by the Beneficiary issued in accordance with this Agreement. Grantor shall indemnify and hold harmless Escrow Agent and Beneficiary from and against any and all liabilities, losses, damages, penalties, actions, judgments, suits, claims, costs, expenses and disbursements of any kind or nature whatsoever including, without limitation, the reasonable fees and disbursements of counsel for Escrow Agent or Beneficiary in connection with any investigative, administrative, or judicial proceeding which may be imposed on, incurred by or assessed against Escrow Agent or Beneficiary at any time in connection with their performance hereunder, or in any way relating to or arising out of this Agreement or any of the transactions contemplated herein. Neither the Escrow Agent nor the Beneficiary shall have the right to be indemnified hereunder for its sole negligence or willful misconduct.

Immunity and Indemnification. The Escrow Agent will not incur personal liability of any nature in connection with any act or omission, made in good faith, in the administration of this Escrow AccountPerpetual Care Fund, or in carrying out any directions by the Beneficiary issued in accordance with this Agreement. Grantor shall indemnify and hold harmless the Escrow Agent and Beneficiary from and against any and all liabilities, losses, damages, penalties, actions, judgments, suits, claims, costs, expenses and disbursements of any kind or nature whatsoever including, without limitation, the reasonable fees and disbursements of counsel for the Escrow Agent or Beneficiary in connection with any investigative, administrative, or judicial proceeding which may be imposed on, incurred by or assessed against the Escrow Agent or Beneficiary at any time in connection with their performance hereunder, or in any way relating to or arising out of this Agreement or any of the transactions contemplated herein. Neither the Escrow Agent nor the Beneficiary shall have the right to be indemnified hereunder for its sole negligence or willful misconduct.

Immunity and Indemnification. The Escrow Agent will not incur personal liability of any nature in connection with any act or omission, made in good faith, in the administration of this Escrow Account, or in carrying out any directions by the Beneficiary issued in accordance with this Agreement. Grantor shall indemnify and hold harmless the Escrow Agent and Beneficiary from and against any and all liabilities, losses, damages, penalties, actions, judgments, suits, claims, costs, expenses and disbursements of any kind or nature whatsoever including, without limitation, the reasonable fees and disbursements of counsel for the Escrow Agent or Beneficiary in connection with any investigative, administrative, or judicial proceeding which may be imposed on, incurred by or assessed against the Escrow Agent or Beneficiary at any time in connection with their performance hereunder, or in any way relating to or arising out of this Agreement or any of the transactions contemplated herein. Neither the Escrow Agent nor the Beneficiary shall have the right to be indemnified hereunder for its sole negligence or willful misconduct.