Indemnification of Securities Intermediary. The Grantor hereby agrees to indemnify, defend and hold harmless the Securities Intermediary, its directors, officers, agents and employees against any and all claims, causes of action, liabilities, lawsuits, demands and damages, including without limitation, any and all court costs and reasonable attorney’s fees, in any way related to or arising out of or in connection with this Agreement or any action taken or not taken pursuant hereto, except to the extent as a result of the Securities Intermediary’s gross negligence or willful misconduct.
Appears in 4 contracts
Samples: Pledge and Security Agreement (GLADSTONE LAND Corp), Pledge and Security Agreement (Farmland Partners Inc.), Pledge and Security Agreement (GLADSTONE LAND Corp)
