Common use of Joint and Several Liability and Indemnity Clause in Contracts

Joint and Several Liability and Indemnity. Each Shipper acknowledges and agrees that it shall be jointly and severally responsible for the payment, performance, and discharge of the obligations of all Shippers under this Agreement. If any Shipper chooses to contest the joint and several nature of the obligations of the Shippers hereunder, each other Shipper agrees to indemnify and hold LMM harmless from and against all reasonable costs and expense, including reasonable attorneys’ fees, expended or incurred by LMM in connection therewith, including without limitation, any litigation with respect thereto.