Common use of Indemnification by Assignee Clause in Contracts

Indemnification by Assignee. Assignee shall indemnify, defend and hold Assignor harmless from and against any claim, demand, cause of action, charge, judgment, damage, liability, cost or expense (including, without limitation, reasonable attorneys' fees and legal costs) (a) arising out of the Tenant Leases in connection with events occurring on or after the date of this Assignment (exclusive, however, of events described in clause (c) of Paragraph 4) or (b) arising out of any claim by any tenant arising on or after the date of this Assignment with respect to its escrow or security or other tenant deposit but only to the extent of the amount of such deposit and interest thereon transferred by Assignor to Assignee and not returned to such tenant by Assignee.

Indemnification by Assignee. Assignee shall indemnify, defend and hold Assignor harmless from and against any claim, demand, cause of action, charge, judgment, damage, liability, cost or expense (including, without limitation, reasonable attorneys' fees and legal costs) (a) arising out of the Tenant Leases Lease in connection with events occurring on or after the date of this Assignment (exclusive, however, of events described in clause (c) of Paragraph 4) or (b) arising out of any claim by any tenant the Tenant arising on or after the date of this Assignment with respect to its escrow or security or other tenant deposit but only to the extent of the amount of such deposit and interest thereon transferred by Assignor to Assignee and not returned to such tenant by Assignee.