Common use of Indemnification by Assignee Clause in Contracts

Indemnification by Assignee. Assignee for itself, its (past and present) officers, directors, members, shareholders, attorneys, legal representatives, and constituent parent, subsidiary and affiliate corporations and each of their past and present partners, officers, agents and employees, and each of their successors and assigns (collectively, the “Assignee Parties”) hereby indemnifies, defends and holds Assignor (and each of the Assignor Parties) wholly free and harmless from and against any and all Claims which Assignor may incur or which may be asserted against Assignor by reason of any alleged obligation or undertaking of Assignee as Tenant under the Lease, which Claims arise from events occurring on or after the Effective Date.

Appears in 1 contract

Samples: Assignment and Assumption of Lease (Palace Entertainment Holdings, Inc.)

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Indemnification by Assignee. Assignee for itself, its (past and present) officers, directors, members, shareholders, attorneys, legal representatives, and constituent parent, subsidiary and affiliate corporations and each of their past and present partners, officers, agents and employees, and each of their successors and assigns (collectively, the “Assignee Parties”) hereby indemnifies, defends and holds Assignor (and each of the Assignor Parties) wholly free and harmless from and against any and all Claims which Assignor may incur or which may be asserted against Assignor by reason of any alleged obligation or undertaking of Assignee as Tenant under the LeaseLease and/or the Sublease, which Claims arise from events occurring on or after the Effective Date.

Appears in 1 contract

Samples: Assignment and Assumption of Lease (Palace Entertainment Holdings, Inc.)

Indemnification by Assignee. Assignee for itself, its (past and present) officers, directors, members, shareholders, attorneys, legal representatives, and constituent parent, subsidiary and affiliate corporations and each of their past and present partners, officers, agents and employees, and each of their successors and assigns (collectively, the “Assignee Parties”) hereby indemnifies, defends and holds Assignor (and each of the Assignor Parties) wholly free and harmless from and against any and all Claims which Assignor may incur or which may be asserted against Assignor by reason of any alleged obligation or undertaking of Assignee as Tenant landlord under the Lease, which Claims arise from events occurring on or after the Effective Date.

Appears in 1 contract

Samples: Assignment and Assumption of Lease (Palace Entertainment Holdings, Inc.)

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Indemnification by Assignee. Assignee for itself, its (past and present) officers, directors, members, shareholders, attorneys, legal representatives, and constituent parent, subsidiary and affiliate corporations and each of their past and present partners, officers, agents and employees, and each of their successors and assigns (collectively, the “Assignee Parties”) hereby indemnifies, defends and holds Assignor (and each of the Assignor Parties) wholly free and harmless from and against any and all Claims which Assignor may incur or which may be asserted against Assignor by reason of any alleged obligation or undertaking of Assignee as Tenant landlord under the LeaseLeases, which Claims arise from events occurring on or after the Effective Date.

Appears in 1 contract

Samples: Assignment and Assumption of Lease (Palace Entertainment Holdings, Inc.)

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