Common use of Indemnification of Escrow Agent Clause in Contracts

Indemnification of Escrow Agent. The Company hereby indemnifies, defends and holds harmless the Escrow Agent from and against, any and all loss, liability, cost, damage and expense, including, without limitation, reasonable counsel fees and expenses, which the Escrow Agent may suffer or incur by reason of any action, claim or proceeding brought against the Escrow Agent arising out of or relating in any way to this Escrow Agreement or any transaction to which this Escrow Agreement relates unless such loss, liability, cost, damage or expense is finally determined by a court of competent jurisdiction to have been primarily caused by the gross negligence or willful misconduct of the Escrow Agent. The terms of this Section 10 shall survive the assignment or termination of this Escrow Agreement and the resignation or removal of the Escrow Agent.

Appears in 6 contracts

Samples: Subscription Escrow Agreement (Finest Acquisition, Inc.), Subscription Escrow Agreement (Precise Acquisition, Inc.), Subscription Escrow Agreement (Photozou Holdings, Inc.)

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Indemnification of Escrow Agent. The Company hereby indemnifiesagrees to indemnify, defends defend and holds hold harmless the Escrow Agent from and against, any and all losslosses, liabilityliabilities, costcosts, damage damages and expenseexpenses, including, without limitation, reasonable counsel fees and expenses, which the Escrow Agent may suffer or incur by reason of any action, claim or proceeding brought against the Escrow Agent arising out of or relating in any way to this Escrow Agreement or any transaction to which this Escrow Agreement relates unless such loss, liability, cost, damage or expense is finally determined by a court of competent jurisdiction to have been primarily caused by the gross negligence or willful misconduct of the Escrow Agent. The terms of this Section 10 shall survive the assignment or termination of this Escrow Agreement and the resignation or removal of the Escrow Agent.

Appears in 4 contracts

Samples: Subscription Escrow Agreement (Gladstone Companies, Inc.), Subscription Escrow Agreement (Gladstone Commercial Corp), Subscription Escrow Agreement (GLADSTONE LAND Corp)

Indemnification of Escrow Agent. The Company hereby indemnifies, defends and holds harmless the Escrow Agent from and against, any and all loss, liability, cost, damage and expense, including, without limitation, reasonable counsel fees and expenses, which the Escrow Agent may suffer or incur by reason of any action, claim or proceeding brought against the Escrow Agent arising out of or relating in any way to this Escrow Agreement or any transaction to which this Escrow Agreement relates unless such loss, liability, cost, damage or expense is finally determined by a court of competent jurisdiction to have been primarily caused by the gross negligence or willful misconduct of the Escrow Agent. The terms of this Section 10 11 shall survive the assignment or termination of this Escrow Agreement and the resignation or removal of the Escrow Agent.

Appears in 4 contracts

Samples: Escrow Agreement (Apollo Realty Income Solutions, Inc.), Escrow Agreement (Apollo Realty Income Solutions, Inc.), Escrow Agreement (Apollo Realty Income Solutions, Inc.)

Indemnification of Escrow Agent. The Company hereby indemnifies, defends and holds harmless the Escrow Agent from and against, any and all actual loss, liability, cost, damage and expense, including, without limitation, reasonable counsel fees and expenses, which the Escrow Agent may suffer or incur by reason of any third party action, claim or proceeding brought against the Escrow Agent arising out of or relating in any way to this Escrow Agreement or any transaction to which this Escrow Agreement relates unless such loss, liability, cost, damage or expense is finally determined by a court of competent jurisdiction to have been primarily caused by the gross negligence negligence, recklessness or willful misconduct of the Escrow Agent. The terms of this Section 10 11 shall survive the assignment or termination of this Escrow Agreement and the resignation or removal of the Escrow Agent.

Appears in 3 contracts

Samples: Escrow Agreement (IPC Alternative Real Estate Income Trust, Inc.), Escrow Agreement (EQT Exeter Real Estate Income Trust, Inc.), Escrow Agreement (EQT Exeter Real Estate Income Trust Inc.)

Indemnification of Escrow Agent. The Company Nodak Mutual hereby indemnifies, defends and holds harmless the Escrow Agent from and against, any and all loss, liability, cost, damage and expense, including, without limitation, reasonable counsel fees and expenses, which the Escrow Agent may suffer or incur by reason of any action, claim or proceeding brought against the Escrow Agent arising out of or relating in any way to this Escrow Agreement or any transaction to which this Escrow Agreement relates unless such loss, liability, cost, damage or expense is finally determined by a court of competent jurisdiction to have been primarily caused by the gross negligence or willful misconduct of the Escrow Agent. The terms of this Section 10 9 shall survive the assignment or termination of this Escrow Agreement and the resignation or removal of the Escrow Agent.

Appears in 2 contracts

Samples: Escrow Agreement (NI Holdings, Inc.), Escrow Agreement (NI Holdings, Inc.)

Indemnification of Escrow Agent. The Company hereby indemnifies, defends and holds harmless the Escrow Agent from and against, any and all loss, liability, cost, damage and expense, including, without limitation, reasonable counsel fees and expenses, which the Escrow Agent may suffer or incur by reason of any action, claim or proceeding brought against the Escrow Agent arising out of or relating in any way to this Escrow Agreement or any transaction to which this Escrow Agreement relates unless such loss, liability, cost, damage or expense is finally determined by a court of competent jurisdiction to have been primarily caused by the gross negligence or willful misconduct of the Escrow Agent. The terms of this Section 10 shall survive the assignment or termination of this Escrow Agreement and the resignation or removal of the Escrow Agent.

Appears in 2 contracts

Samples: Subscription Escrow Agreement (FundCore Institutional Income Trust Inc.), Subscription Escrow Agreement (FundCore Institutional Income Trust Inc.)

Indemnification of Escrow Agent. The Company hereby indemnifies, defends and holds harmless the Escrow Agent from and against, any and all loss, liability, cost, damage and expense, including, without limitation, reasonable counsel fees and expenses, which the Escrow Agent may suffer or incur by reason of any action, claim or proceeding brought against the Escrow Agent arising out of or relating in any way to this Escrow Agreement or any transaction to which this Escrow Agreement relates unless such loss, liability, cost, damage or expense is finally determined by a court of competent jurisdiction to have been primarily caused by the gross negligence negligence, recklessness or willful misconduct of the Escrow Agent. The terms of this Section 10 shall survive the assignment or termination of this Escrow Agreement and the resignation or removal of the Escrow Agent.

Appears in 1 contract

Samples: Escrow Agreement (Apollo Realty Income Solutions, Inc.)

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Indemnification of Escrow Agent. The Company hereby indemnifies, defends and holds harmless the Escrow Agent from and against, any and all loss, liability, cost, damage and expense, including, without limitation, reasonable counsel fees and expenses, which the Escrow Agent may suffer or incur by reason of any action, claim or proceeding brought against the Escrow Agent arising out of or relating in any way to this Escrow Agreement or any transaction to which this Escrow Agreement relates unless such loss, liability, cost, damage or expense is finally determined by a court of competent jurisdiction to have been primarily caused by the gross negligence or willful misconduct of the Escrow Agent. The terms of this Section 10 shall survive the assignment or termination of this Escrow Agreement and the resignation or removal of the Escrow Agent.

Appears in 1 contract

Samples: Escrow Agreement (Fidelity Private Credit Fund)

Indemnification of Escrow Agent. The Company hereby indemnifies, defends and holds harmless the Escrow Agent from and against, any and all loss, liability, cost, damage and expense, including, without limitation, reasonable counsel fees and expenses, which the Escrow Agent may suffer or incur by reason of any action, claim or proceeding brought against the Escrow Agent arising out of or relating in any way to this Escrow Agreement or any transaction to which this Escrow Agreement relates unless such loss, liability, cost, damage or expense is finally determined by a court of competent jurisdiction to have been primarily caused by the gross negligence or willful misconduct of the Escrow Agent. The terms of this Section 10 shall survive the assignment or termination of this Escrow Agreement and the resignation or removal of the Escrow Agent.

Appears in 1 contract

Samples: Escrow Agreement (Apollo Infrastructure Co LLC)

Indemnification of Escrow Agent. The Company hereby indemnifies, defends and holds harmless the Escrow Agent from and against, any and all loss, liability, cost, damage and expense, including, without limitation, reasonable counsel fees and expenses, which the Escrow Agent may suffer or incur by reason of any action, claim or proceeding brought against the Escrow Agent arising out of or relating in any way to this Escrow Agreement or any transaction to which this Escrow Agreement relates unless such loss, liability, cost, damage or expense is finally determined by a court of competent jurisdiction to have been primarily caused by the gross negligence negligence, recklessness or willful misconduct of the Escrow Agent. The terms of this Section 10 11 shall survive the assignment or termination of this Escrow Agreement and the resignation or removal of the Escrow Agent.

Appears in 1 contract

Samples: Escrow Agreement (Apollo Realty Income Solutions, Inc.)

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