Common use of Indemnity and Hold Harmless of Bank by Customer Clause in Contracts

Indemnity and Hold Harmless of Bank by Customer. Customer hereby agrees to indemnify and hold harmless Bank, its affiliates and their respective directors, officers, agents and employees (each, an “Indemnified Person”) against any and all claims, causes of action, liabilities, lawsuits, demands and damages (each, a “Claim”), asserted by any person other than an Indemnified Person, including without limitation, any and all court costs and reasonable out of pocket attorneys’ fees, in any way related to or arising out of or in connection with this Agreement; provided that no Indemnified Person shall be entitled to be indemnified to the extent that such Claims result from the gross negligence or willful misconduct of such Indemnified Person.

Appears in 2 contracts

Samples: Security Agreement (MINDBODY, Inc.), Security Agreement (MINDBODY, Inc.)

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Indemnity and Hold Harmless of Bank by Customer. Customer hereby agrees to indemnify and hold harmless Bank, its affiliates and their respective directors, officers, agents and employees (each, an “Indemnified Person”) against any and all claims, causes of action, liabilities, lawsuits, demands and damages (each, a “Claim”), ) asserted by Creditor or any person other party (other than an Indemnified Person), including without limitation, any and all court costs and reasonable out of pocket attorneys’ fees, in any way related to or arising out of or in connection with this Agreement; , provided that no Indemnified Person shall be entitled to be indemnified to the extent that such Claims result from the gross negligence or willful misconduct of such Indemnified Person.

Appears in 1 contract

Samples: Revenue Interests Purchase Agreement (AxoGen, Inc.)

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Indemnity and Hold Harmless of Bank by Customer. Customer hereby agrees to indemnify and hold harmless Bank, its affiliates and their respective directors, officers, agents and employees (each, an “Indemnified Person”) against any and all claims, causes of action, liabilities, lawsuits, demands and damages (each, a “Claim”), ) asserted by Creditor or any person other party (other than an Indemnified Person), including without limitation, any and all court costs and reasonable out of pocket attorneys’ fees, in any way related to or arising out of or in connection with this Agreement; provided that no Indemnified Person shall be entitled to be indemnified to the extent that such Claims result from the gross negligence or willful misconduct of such Indemnified Person.

Appears in 1 contract

Samples: Secured Promissory Note (Kythera Biopharmaceuticals Inc)

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