Common use of Indemnification of Lender Clause in Contracts

Indemnification of Lender. Vestin Mortgage, Vestin Fund I and Vestin Fund II indemnifies Owens Financial and Owens Mortgage Investment Fund for all liabilitxxx, obligations, loxxxx, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever which may be imposed on, incurred by or asserted against them in any way relating to or arising out of this Agreement or by their participation in any Loan or by any action brought by any Borrower including all claims relating to the origination of the Loans, except for the gross negligence or willful misconduct of Lenders or the breach by Lenders of any of the terms of this Agreement.

Indemnification of Lender. Vestin Mortgage, Vestin Fund I and Vestin Fund II indemnifies Owens Oxxxx Financial and Owens Oxxxx Mortgage Investment Fund for all liabilitxxxliabilities, obligations, loxxxxlosses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever which may be imposed on, incurred by or asserted against them in any way relating to or arising out of this Agreement or by their participation in any Loan or by any action brought by any Borrower including all claims relating to the origination of the Loans, except for the gross negligence or willful misconduct of Lenders or the breach by Lenders of any of the terms of this Agreement.

Indemnification of Lender. Vestin Mortgage, Vestin Fund I and Vestin Fund II indemnifies Owens Xxxxx Financial and Owens Xxxxx Mortgage Investment Fund for all liabilitxxxliabilities, obligations, loxxxxlosses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever which may be imposed on, incurred by or asserted against them in any way relating to or arising out of this Agreement or by their participation in any Loan or by any action brought by any Borrower including all claims relating to the origination of the Loans, except for the gross negligence or willful misconduct of Lenders or the breach by Lenders of any of the terms of this Agreement.