Common use of Indemnity Matters Clause in Contracts

Indemnity Matters. WITHOUT LIMITATION, THE FOREGOING INDEMNITIES CONTAINED IN SECTIONS 10 SHALL APPLY TO LENDER WITH RESPECT TO MATTERS WHICH IN WHOLE OR IN PART ARE CAUSED BY OR ARISE OUT OF, OR ARE CLAIMED TO BE CAUSED BY OR ARISE OUT OF, THE NEGLIGENCE (WHETHER SOLE, COMPARATIVE OR CONTRIBUTORY) OR STRICT LIABILITY OF LENDER. HOWEVER, SUCH INDEMNITIES SHALL NOT APPLY TO LENDER TO THE EXTENT THAT THE SUBJECT OF THE INDEMNIFICATION IS CAUSED BY OR ARISES OUT OF THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF LENDER.

Appears in 4 contracts

Samples: Construction Loan Agreement (United Development Funding IV), Construction Loan Agreement (United Development Funding IV), Construction Loan Agreement (United Development Funding IV)

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