Lessee Indemnity. Lessee hereby assumes liability for, and does hereby agree to indemnify, protect, save, defend, and hold harmless Lessor on an After-Tax Basis from and against any and all Losses and each Tax Indemnitee against any and all amounts owed by Lessor under the Loan Agreement to the extent that there is a Lease Payment corresponding to the Loan payment for which the indemnity is claimed under Section 10.2 hereof.
Appears in 5 contracts
Samples: Participation Agreement (Universal Compression Holdings Inc), Participation Agreement (Universal Compression Inc), Participation Agreement (Universal Compression Holdings Inc)
Lessee Indemnity. Lessee hereby assumes liability for, and ----------------- does hereby agree to indemnify, protect, save, defend, and hold harmless Lessor on an After-Tax Basis from and against any and all Losses and each Tax Indemnitee against any and all amounts owed by Lessor under the Loan Agreement to the extent that there is a Lease Payment corresponding to the Loan payment for which the indemnity is claimed under Section 10.2 hereof.
Appears in 1 contract
Samples: Participation Agreement (BRL Universal Equipment Corp)