Common use of Indemnification For Claims Brought By Third Parties Clause in Contracts

Indemnification For Claims Brought By Third Parties. Customer and each Principal represent and warrant that the Amount Sold is freely assignable by Customer and that this Agreement does not violate the terms of any other agreement to which Customer or any Principal is subject (including but not limited to any other sale of future receipts agreement or any loans). It is expressly agreed that Customer and each Principal, jointly and severally, shall assume liability for and do hereby agree to indemnify and hold harmless Purchaser and its agents, affiliates and servants, from and against any and all losses, damages, claims, penalties, liabilities and expenses (including reasonable attorney’s fees and in-house attorney’s fees) of any nature whatsoever imposed on, incurred by or asserted against Purchaser or its agents, affiliates and representatives, in any way relating to or growing out of any claim by any third party that this Agreement violates the terms of any other agreement to which Customer or any Principal is subject.

Indemnification For Claims Brought By Third Parties. Customer Merchant and each Principal represent and warrant that the Amount Sold is freely assignable by Customer Merchant and that this Agreement does not violate the terms of any other agreement to which Customer Merchant or any Principal is subject (including but not limited to any other sale of future receipts agreement or any loans). It is expressly agreed that Customer Merchant and each Principal, jointly and severally, shall assume liability for and do hereby agree to indemnify and hold harmless Purchaser and its agents, affiliates and servants, from and against any and all losses, damages, claims, penalties, liabilities and expenses (including reasonable attorney’s fees and in-house attorney’s fees) of any nature whatsoever imposed on, incurred by or asserted against Purchaser or its agents, affiliates and representatives, in any way relating to or growing out of any claim by any third party that this Agreement violates the terms of any other agreement to which Customer Merchant or any Principal is subject.