Common use of Indemnification Limitation on Liability Clause in Contracts

Indemnification Limitation on Liability. 24. The Developer, for itself and its successors and assigns, agrees to indemnify and hold harmless the Subsidizing Agency and any Monitoring Agent against all damages, costs and liabilities, including reasonable attorney’s fees, asserted against the Subsidizing Agency or the Monitoring Agent by reason of its relationship to the Development under this Agreement and not involving the Subsidizing Agency or the Monitoring Agent acting in bad faith or with gross negligence.

Appears in 3 contracts

Samples: Regulatory and Use Agreement, Regulatory and Use Agreement, Regulatory and Use Agreement

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Indemnification Limitation on Liability. 2423. The Developer, for itself and its successors and assigns, agrees to indemnify and hold harmless the Subsidizing Agency and any Monitoring Agent against all damages, costs and liabilities, including reasonable attorney’s fees, asserted against the Subsidizing Agency or the Monitoring Agent by reason of its relationship to the Development under this Agreement and not involving the Subsidizing Agency or the Monitoring Agent acting in bad faith or with gross negligence.

Appears in 2 contracts

Samples: Regulatory and Use Agreement, Regulatory and Use Agreement

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