Common use of Lender Liability Clause in Contracts

Lender Liability. NMHG hereby agrees to indemnify, save and keep harmless NFS, its respective agents, employees, successors and assigns from and against any and all losses, damages, penalties, injuries, claims, actions and suits, including legal expenses and outside attorneys’ fees, of whatsoever kind and nature, in contract or tort (collectively, “Losses”) arising out of or in connection with (i) any decision or recommendation by NMHG to limit, terminate or otherwise modify any Dealer’s Credit Line, (ii) any decision or recommendation by NMHG to the effect that NFS should not enter into any Wholesale Account with any Dealer, (iii) any refusal by NFS to enter into any Wholesale Account with any Dealer by reason of NMHG’s termination of the recourse set forth in Article II above with respect to such Dealer’s obligations, or (iv) any termination or other modification of any Dealer’s franchise by NMHG.

Lender Liability. NMHG hereby agrees to indemnify, save and keep harmless NFSthe Corporation, its respective agents, employees, successors and assigns from and against any and all losses, damages, penalties, injuries, claims, actions and suits, including legal expenses and outside attorneys’ fees, of whatsoever kind and nature, in contract or tort (collectively, “Losses”) arising out of or in connection with (i) any decision or recommendation by NMHG to limit, terminate or otherwise modify any Dealer’s Credit Line, (ii) any decision or recommendation by NMHG to the effect that NFS the Corporation should not enter into any Wholesale Account with any Dealer, (iii) any refusal by NFS the Corporation to enter into any Wholesale Account with any Dealer by reason of NMHG’s termination of the recourse set forth in Article II 2 above with respect to such Dealer’s obligations, or (iv) any termination or other modification of any Dealer’s franchise by NMHG.

Lender Liability. NMHG hereby agrees to indemnify, save and keep harmless NFSthe Corporation, its respective agents, employees, successors and assigns from and against any and all losses, damages, penalties, injuries, claims, actions and suits, including legal expenses and outside attorneys’ ' fees, of whatsoever kind and nature, in contract or tort (collectively, “"Losses”") arising out of or in connection with (i) any decision or recommendation by NMHG to limit, terminate or otherwise modify any Dealer’s 's Credit Line, (ii) any decision or recommendation by NMHG to the effect that NFS the Corporation should not enter into any Wholesale Account with any Dealer, (iii) any refusal by NFS the Corporation to enter into any Wholesale Account with any Dealer by reason of NMHG’s 's termination of the recourse set forth in Article II 2 above with respect to such Dealer’s 's obligations, or (iv) any termination or other modification of any Dealer’s 's franchise by NMHG.