Common use of Indenture Trustee Indemnification Clause in Contracts

Indenture Trustee Indemnification. The Indenture Trustee agrees to indemnify and hold harmless the Issuer and the Transferors from and against, any and all claims, losses, liabilities, actions, suits, judgments, demands, damages, costs or expenses (including reasonable fees and expenses of attorneys) of any nature resulting solely from or directly related to a breach of any of the delivery obligations of the Indenture Trustee contained in Sections 6.16 and 7.04(b)(i) hereof.

Appears in 2 contracts

Samples: Indenture (Ford Credit Floorplan LLC), Indenture (Ford Credit Floorplan Corp)

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Indenture Trustee Indemnification. The Indenture Trustee agrees to indemnify and hold harmless the Issuer and the Transferors Depositors from and against, any and all claims, losses, liabilities, actions, suits, judgments, demands, damages, costs or expenses (including reasonable fees and expenses of attorneys) of any nature resulting solely from or directly related to a breach of any of the delivery obligations of the Indenture Trustee contained in Sections 6.16 6.6(d)(i) and 7.04(b)(i) hereof6.15 of this Agreement.

Appears in 2 contracts

Samples: Indenture (Ford Credit Floorplan LLC), Indenture (Ford Credit Floorplan Corp)

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