Common use of Indemnity and Guaranty Clause in Contracts

Indemnity and Guaranty. Indemnitor hereby assumes liability for, guarantees payment to Lender of, agrees to pay, protect, defend and save Lender harmless and indemnifies Lender from and against, any and all liabilities, obligations, losses, damages, costs and expenses (including, without limitation, reasonable attorneys' fees, costs and disbursements), causes of action, suits, claims, demands and judgments paid, imposed upon Lender or to which Lender may be subject, or any reduction in amounts recovered by Lender directly or indirectly (including, without limitation, any future reduction in sales price of, or unmarketability and consequent inability of Lender to foreclose on or otherwise sell, the Property and the lost opportunity costs resulting from the inability of Lender to sell or dispose of its interest in the Property) (collectively, "Costs") as a result of Borrower, or any Affiliate, indemnitor, guarantor, agent or employee of Borrower:

Indemnity and Guaranty. Indemnitor hereby assumes liability for, guarantees payment to Lender of, agrees to pay, protect, defend and save Lender harmless and indemnifies Lender from and against, any and all liabilities, obligations, losses, damages, costs and expenses (including, without limitation, reasonable attorneys' fees, costs and disbursements), causes of action, suits, claims, demands and judgments paid, imposed upon Lender or to which Lender may be subject, or any reduction in amounts recovered by Lender directly or indirectly (including, without limitation, any future reduction in sales price of, or unmarketability and consequent inability of Lender to foreclose on or otherwise sell, the Property and the lost opportunity costs resulting from the inability of Lender to sell or dispose of its interest in the Property) (collectively, "Costs") as a result of Borrower, or any Affiliate, indemnitor, guarantor, agent or employee of Borrower:: AZ Indemnity and Guaranty Agreement