INDEMNIFICATION Each Partner Clause Samples

INDEMNIFICATION Each Partner for itself, its predecessors, assigns and successors, hereby agrees to indemnify and hold harmless the other Partner, and its respective present or former officers, directors, shareholders, employees, agents, attorneys, parents, subsidiaries, affiliates, partners, joint venturers and successors and assigns (collectively, "Indemnities"), against any and all losses, liabilities, damages, demands, claims, suits, actions, judgments, causes of action, assessments, costs and expenses, including, without limitation, interest, penalties, attorneys' fees, any and all expenses incurred in investigating, preparing, and defending against any litigation, commenced or threatened, and any claim whatsoever, and any and all amounts paid in settlement of any claim or litigation, asserted against, resulting from, imposed upon, or incurred or suffered by any Indemnitee, directly or indirectly, as a result of or arising from any inaccuracy in or breach or nonfulfillment of any of the representations, warranties, covenants or agreements made by such indemnifying Partner in this Agreement or any facts or circumstances constituting such an inaccuracy, breach, or nonfulfillment.