Common use of Indemnity by Venturer Clause in Contracts

Indemnity by Venturer. Each Venturer shall indemnify, defend, and hold harmless the Joint Venture and all other Venturers (including any person who is or was the Managing Venturer), their officers, directors, agents and attorneys, from and against any loss, claim, cause of action, item of damage, expense, and cost (including attorneys’ fees and court costs), but only to the extent of his or her total capital contributions to the Venture, arising directly or indirectly out of:

Indemnity by Venturer. Each Venturer shall indemnify, defend, and hold harmless the Joint Venture and all other Venturers (including any person who is or was the Managing Venturer), their officers, directors, agents and attorneys, from and against any loss, claim, cause of action, item of damage, expense, and cost (including attorneys’ ' fees and court costs), but only to the extent of his or her total capital contributions to the Venture, arising directly or indirectly out of: