Recourse Liability Events. Guarantor hereby irrevocably, unconditionally and absolutely agrees to indemnify and hold harmless Agent and Lenders from and against any and all actual loss, cost, damage (excluding consequential damages), liability or expense, including reasonable attorney’s fees and disbursements, suffered or incurred by Agent or Lenders by reason of the occurrence of any of the Recourse Liability Events.
Appears in 3 contracts
Samples: Recourse Liability Agreement (KBS Real Estate Investment Trust, Inc.), Collateral Transfer and Settlement Agreement (KBS Real Estate Investment Trust, Inc.), Collateral Transfer and Settlement Agreement (Gramercy Capital Corp)
Recourse Liability Events. Guarantor hereby irrevocably, unconditionally and absolutely agrees to indemnify and hold harmless Agent and Lenders from and against any and all actual loss, cost, damage (excluding consequential damages), liability or expense, including reasonable attorney’s fees and disbursements, suffered or incurred by Agent or Lenders by reason of the occurrence of any of the Recourse Liability Events; provided, however, that Guarantor shall only be liable for Recourse Liability Events arising and accruing on or after the date hereof.
Appears in 1 contract
Samples: Supplemental Recourse Liability Agreement (KBS Real Estate Investment Trust, Inc.)
