Common use of Lender’s Right to Select Engineers, Consultants and Attorneys Clause in Contracts

Lender’s Right to Select Engineers, Consultants and Attorneys. Without limiting the other provisions hereof, in the event any claim (whether or not a judicial or administrative action is involved) is asserted against Lender with respect to Hazardous Materials, any Release or Environmental Law, Lender shall have the right to select the engineers, other consultants and attorneys for Lender’s defense or guidance, determine the appropriate legal strategy for such defense, and compromise or settle such claim, all in Lender’s sole discretion, and Indemnitor shall be liable to Lender in accordance with the terms hereof for liabilities, costs and expenses incurred by Lender in this regard.

Appears in 2 contracts

Samples: Indemnity Agreement, Environmental Indemnity Agreement (Inland Real Estate Income Trust, Inc.)

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Lender’s Right to Select Engineers, Consultants and Attorneys. Without limiting the other provisions hereof, in the event any claim (whether or not a judicial or administrative action is involved) is asserted against Lender with respect to Hazardous Materials, any Release or Environmental Law, Lender shall have the right to select the engineers, other consultants and attorneys for Lender’s 's defense or guidance, determine the appropriate legal strategy for such defense, and compromise or settle such claim, all in Lender’s 's sole discretion, and Indemnitor shall be liable to Lender in accordance with the terms hereof for liabilities, costs and expenses incurred by Lender in this regard.

Appears in 1 contract

Samples: Environmental Indemnity Agreement (Inland Real Estate Income Trust, Inc.)

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Lender’s Right to Select Engineers, Consultants and Attorneys. Without limiting the other provisions hereof, in the event any claim (whether or not a judicial or administrative action is involved) is asserted against Lender with respect to Hazardous MaterialsRegulated Substances, any Release Environmental Laws or Environmental LawContamination, Lender shall have the right to select the engineers, other consultants and attorneys for Lender’s defense or guidance, determine the appropriate legal strategy for such defense, and compromise or settle such claim, all in Lender’s sole discretion, and Indemnitor Indemnitors shall be liable to Lender in accordance with the terms hereof for liabilities, costs and expenses incurred by Lender in this regard.

Appears in 1 contract

Samples: Indemnity Agreement (American Superconductor Corp /De/)

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