Indemnification of the Partnership. MCRLP shall indemnify and shall hold the Partnership and its general and limited partners, officers, directors, employees, agents, successors and permitted assigns (the “Partnership Indemnified Parties”) harmless against any Losses which the Partnership Indemnified Parties may sustain or incur by reason of any claim, demand, suit or recovery by any third party allegedly arising out of MCRLP’s bad faith, gross negligence or willful misconduct in performing the Services or the breach by MCRLP of their obligations under this Agreement.
Appears in 4 contracts
Samples: Shared Services Agreement (Mack Cali Realty L P), Shared Services Agreement (Mack Cali Realty L P), Preferred Equity Investment Agreement (Mack Cali Realty L P)
