Indemnification of Attorneys Fees and out. −of−pocket costs. Should any Party materially breach this Agreement, the non−breaching Party shall be indemnified by the breaching Party for its reasonable attorneys fees and out−of−pocket costs which in any way relate to, or were precipitated by, the breach hereof. The term “out−of−pocket costs”, as used herein, shall not include lost profits. A default by BORROWER which is not cured within fifteen (15) days after receiving a written notice of default from LENDER constitutes a material breach of this Agreement by BORROWER.
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Samples: Fourth Loan Agreement and Promissory Note (We Save Homes, Inc.), Fifth Loan Agreement and Promissory Note (We Save Homes, Inc.), Fourth Loan Agreement and Promissory Note (We Save Homes, Inc.)
Indemnification of Attorneys Fees and out. −of−pocket costs. Should any Party party materially breach this Agreementagreement, the non−breaching Party party shall be indemnified by the breaching Party party for its reasonable attorneys fees and out−of−pocket costs which in any way relate to, or were precipitated by, the breach hereofof this agreement. The term “out−of−pocket costs”, as used herein, shall not include lost profits. A default by BORROWER Borrower which is not cured within fifteen (15) 5 days after receiving a written notice of default from LENDER Lender constitutes a material breach of this Agreement agreement by BORROWERBorrower.
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