Common use of Mortgage and Intangible Tax Indemnification Clause in Contracts

Mortgage and Intangible Tax Indemnification. Borrower shall pay and, at its sole cost and expense, protect, defend, indemnify, release and hold harmless the Indemnified Parties from and against any and all Losses imposed upon or incurred by or asserted against any Indemnified Parties and directly or indirectly arising out of or in any way relating to, any tax on or with respect to the making and/or recording of the Pledge Agreements, the UCC Financing Statements, the Note or any of the other Loan Documents, but excluding any income, franchise or other similar taxes.

Appears in 10 contracts

Samples: Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Junior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)

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Mortgage and Intangible Tax Indemnification. Borrower shall pay and, at its sole cost and expense, protect, defend, indemnify, release and hold harmless the Indemnified Parties from and against any and all Losses imposed upon or incurred by or asserted against any Indemnified Parties and directly or indirectly arising out of or in any way relating to, any tax on or with respect to the making and/or recording of the Pledge AgreementsAgreement, the UCC Financing StatementsStatement, the Note or any of the other Loan Documents, but excluding any income, franchise or other similar taxes.

Appears in 3 contracts

Samples: Mezzanine a Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine B Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine D Loan Agreement (Ashford Hospitality Trust Inc)

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Mortgage and Intangible Tax Indemnification. Borrower shall pay and, at its sole cost and expense, protect, defend, indemnify, release and hold harmless the Indemnified Parties from and against any and all Losses imposed upon or incurred by or asserted against any Indemnified Parties and directly or indirectly arising out of or in any way relating to, any tax on or with respect to the making and/or recording of the Pledge AgreementsAgreement, the UCC Financing StatementsStatement, the Note or any of the other Loan Documents, but excluding any income, franchise or other similar taxes.. 00000000.0.XXXXXXXX 153

Appears in 1 contract

Samples: Mezzanine C Loan Agreement (Ashford Hospitality Trust Inc)

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