Common use of Indemnity for Liability Claims Clause in Contracts

Indemnity for Liability Claims. (a) The Residual Holder on behalf of the Trust shall be deemed to have agreed to indemnify, defend and hold harmless the Indenture Trustee (which shall include any of its directors, employees, officers and agents), the Owner Trustee (which shall include any of its directors, employees, officers and agents), the Noteholders and the Note Insurer against and from any and all costs, expenses, losses, damages, claims and liabilities arising out of or resulting from the use, repossession or operation of the Equipment to the extent not covered by the Servicer's indemnity provided by Section 5.01 of the Servicing Agreement; provided, however, that such amounts shall be payable solely from amounts payable to the Residual Holder pursuant to Section 3.04(b)(xviii) hereof.

Indemnity for Liability Claims. (a) The Residual Holder on behalf of the Trust shall be deemed to have agreed to indemnify, defend and hold harmless the Indenture Trustee (which shall include any of its directors, employees, officers and agents), the Owner Trustee (which shall include any of its directors, employees, officers and agents), the Noteholders and Noteholders, the Note Insurer and the Letter of Credit Bank against and from any and all costs, expenses, losses, damages, claims and liabilities arising out of or resulting from the use, repossession or operation of the Equipment to the extent not covered by the Servicer's indemnity provided by Section 5.01 of the Servicing Agreement; provided, however, that such amounts shall be payable solely from amounts payable to the Residual Holder pursuant to Section 3.04(b)(xviii3.04(b)(xxii) hereof.

Indemnity for Liability Claims. (a) The Residual Holder Holders, on behalf of the Trust Trust, shall be deemed to have agreed to indemnify, defend and hold harmless the Indenture Trustee (which shall include any of its directors, employees, officers and agents), the Owner Trustee (which shall include any of its directors, employees, officers and agents), the Noteholders and the Note Insurer against and from any and all costs, expenses, losses, damages, claims and liabilities arising out of or resulting from the use, repossession or operation of the Equipment to the extent not covered by the Servicer's indemnity provided by Section 5.01 of the Servicing Agreement; provided, however, that such amounts shall be payable solely from amounts payable to the Residual Holder Holders pursuant to Section 3.04(b)(xviii3.04(b)(xvi) hereof.

Indemnity for Liability Claims. (a) The Residual Trust Certificate Holder on behalf of the Trust shall be deemed to have agreed to indemnify, defend and hold harmless the Indenture Trustee (which shall include any of its directors, employees, officers and agents), the Owner Trustee (which shall include any of its directors, employees, officers and agents), the Noteholders and the Note Insurer against and from any and all costs, expenses, losses, damages, claims and liabilities arising out of or resulting from the use, repossession or operation of the Equipment to the extent not covered by the Servicer's indemnity provided by Section 5.01 of the Servicing Agreement; provided, however, that such amounts shall be payable solely from amounts payable to the Residual Trust Certificate Holder pursuant to Section 3.04(b)(xviii3.05(b)(xviii) hereof.

Indemnity for Liability Claims. (a) The Residual Holder Holders, on behalf of the Trust Trust, shall be deemed to have agreed to indemnify, defend and hold harmless the Indenture Trustee (which shall include any of its directors, employees, officers and agents), the Owner Trustee (which shall include any of its directors, employees, officers and agents), the Noteholders and the Note Insurer against and from any and all costs, expenses, losses, damages, claims and liabilities arising out ou of or resulting from the use, repossession or operation of the Equipment to the extent not covered by the Servicer's indemnity provided by Section 5.01 of the Servicing Agreement; provided, however, that such amounts shall be payable solely from amounts payable to the Residual Holder Holders pursuant to Section 3.04(b)(xviii3.04(b)(xvi) hereof.