Indemnification upon default Sample Clauses
Indemnification upon default. The Lessee shall indemnify and hold the Lessor harmless from losses caused by the following behavior that may be suffered or incurred by the Lessor, including lawsuits, claims, losses, damages and expenses: the Lessee fails to comply with or perform any of its responsibilities hereunder, or the use of the Object by the Lessee (including indoor installation and equipment of electricity and gas), the misconduct taken during the Tenancy Term against the Object, or the negligence or fault of the Lessee.
Indemnification upon default. Upon any default by Landlord or Tenant hereunder, the defaulting party shall be liable for and hereby agrees to apply any and all liabilities, losses, costs and expenses, including attorneys’ fees, incurred by the non-defaulting party as a result of such default and in exercising the non-defaulting party’s rights and remedies in connection with such default. Notwithstanding the foregoing, Landlord shall not be considered in default until it has received from Tenant written notice of such default and has not cured such default (i) within thirty (30) days with respect to any default which is curable within said time period, or (ii) for any default which is not capable of being cured until after thirty (30) days, Landlord has commenced such cure within thirty (30) days and thereafter diligently prosecutes such cure. In addition, prior to Landlord being in default, Tenant shall provide Prime Landlord and Landlord’s mortgage lender with the same foregoing cure period, provided that ▇▇▇▇▇▇ has received written notice from Landlord as to the identity and address of such mortgage lender.
Indemnification upon default. If the closing does not occur and if Buyer, Adelphia, Century or Highland defaults in the performance of any of its obligations under this agreement, Adelphia, Century and Highland jointly and severally shall indemnify and hold harmless Seller against all loss, liability, damage or expense incurred by Seller as a result of that default, including, but not limited to, legal fees and expenses and other out-of-pocket costs incurred by Seller in connection with any dispute as to the default and in connection with the enforcement of (or the taking or contemplating of steps to enforce) its rights under this agreement, the Security and Pledge Agreement referred to in section 2.4, and under any other agreement executed in connection with the execution and delivery of this agreement.
Indemnification upon default. In the event of any breach hereunder by either Landlord or Tenant, the other party may, after sixty (60) days' written notice to the defaulting party, cure such breach for the account and at the expense of the defaulting party. Any money spent or cost or expense incurred by either party in curing such a breach or default for the account of the other party shall be reimbursed to either Tenant or Landlord, as the case may be, by the defaulting party on the first day of the month following the payment of such money or the incurring of such costs and expenses. In the event that Landlord fails to reimburse Tenant for any such expenditure as and when provided herein, Tenant may deduct such amounts from the rental payment or payments thereafter due. Upon any default by Landlord or Tenant hereunder, the defaulting party shall be liable for and hereby agrees to apply any and all liabilities, losses, costs and expenses including attorneys' fees incurred by the non defaulting party as a result of such default and in exercising the non defaulting party's rights and remedies in connection with such default.