Common use of Mutual General Indemnity Clause in Contracts

Mutual General Indemnity. Following the applicable Closing Dates, the HFC Entities and the HEP Entities, respectively, agree to indemnify, protect, defend and hold harmless each other from and against any and all Liabilities and Claims based upon, in connection with, relating to or arising out of their respective actions or inactions in connection with the operation of the Indemnifying Party’s respective assets or any failure to comply with any Applicable Laws; in any case of or by any Indemnifying Party or its subcontractors, suppliers, materialmen, employees, agents, successors and assigns, or other persons directly or indirectly employed by them, including the following: (a) any injury to or death of any Person or the damage to or theft, destruction, loss or loss of use of, any property; or (b) the failure to perform any covenant or agreement made or undertaken by the applicable Party in agreements with any of the other Parties.

Appears in 14 contracts

Samples: Omnibus Agreement (HollyFrontier Corp), Omnibus Agreement (HollyFrontier Corp), Omnibus Agreement (HollyFrontier Corp)

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Mutual General Indemnity. Following the applicable Closing Dates, the HFC HFS Entities and the HEP Entities, respectively, agree to indemnify, protect, defend and hold harmless each other from and against any and all Liabilities and Claims based upon, in connection with, relating to or arising out of their respective actions or inactions in connection with the operation of the Indemnifying Party’s respective assets or any failure to comply with any Applicable Laws; in any case of or by any Indemnifying Party or its subcontractors, suppliers, materialmen, employees, agents, successors and assigns, or other persons directly or indirectly employed by them, including the following: (a) any injury to or death of any Person or the damage to or theft, destruction, loss or loss of use of, any property; or (b) the failure to perform any covenant or agreement made or undertaken by the applicable Party in agreements with any of the other Parties.

Appears in 2 contracts

Samples: Omnibus Agreement (Holly Energy Partners Lp), Omnibus Agreement (HF Sinclair Corp)

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