Common use of Payments by Xxxxxxxx Clause in Contracts

Payments by Xxxxxxxx. Borrower will, at its own cost and expense, do all of the following: (i) Pay or satisfy any judgment or decree that may be entered against any Indemnitee or Indemnitees in any legal or administrative proceeding incident to any matters against which Indemnitees are entitled to be indemnified under this Article X. (ii) Reimburse Indemnitees for any expenses paid or incurred in connection with any matters against which Indemnitees are entitled to be indemnified under this Article X. (iii) Reimburse Indemnitees for any and all expenses, including Attorneys’ Fees and Costs, paid or incurred in connection with the enforcement by Indemnitees of their rights under this Article X, or in monitoring and participating in any legal or administrative proceeding.

Appears in 9 contracts

Samples: Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.), Continuing Covenant Agreement, Continuing Covenant Agreement

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