Indemnification by BRFBR Clause Samples
The "Indemnification by BRFBR" clause requires BRFBR to compensate or protect the other party from losses, damages, or liabilities arising from specific actions or omissions attributable to BRFBR. Typically, this means that if BRFBR's conduct, negligence, or breach of contract causes a third party to make a claim against the other party, BRFBR must cover the resulting costs, such as legal fees or settlement amounts. This clause serves to allocate risk by ensuring that the party responsible for certain actions bears the financial consequences, thereby protecting the other party from unforeseen liabilities.
Indemnification by BRFBR. BRFBR agrees to indemnify and hold harmless the Company and its directors and officers, and each person, if any, who (i) controls the Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act or (ii) is controlled by or is under common control with the Company against any and all loss, liability, claim, damage and expense described in the indemnity contained in Section 11(a), as incurred, but only with respect to untrue statements or omissions, or alleged untrue statements or omissions, made in the Registration Statement (or any amendments thereto) or in any related Issuer Free Writing Prospectus or the Prospectus (or any amendment or supplement thereto) in reliance upon and in conformity with information relating to BRFBR and furnished to the Company in writing by BRFBR expressly for use therein.
Indemnification by BRFBR. BRFBR agrees to indemnify and hold harmless each of Partnership Parties and each of the directors and officers of the Partnership who signed the Registration Statement, and each person, if any, who (i) controls the Partnership Parties within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act or (ii) is controlled by or is under common control with the Partnership Parties against any and all loss, liability, claim, damage and expense described in the indemnity contained in Section 11(a), as incurred, but only with respect to untrue statements or omissions, or alleged untrue statements or omissions, made in the Registration Statement (or any amendments thereto) or in any related Issuer Free Writing Prospectus or the Prospectus (or any amendment or supplement thereto) in reliance upon and in conformity with information relating to BRFBR and furnished to the Partnership in writing by BRFBR expressly for use therein.