Common use of Release and Indemnification Covenants Clause in Contracts

Release and Indemnification Covenants. Except for any breach of the representations and warranties of Lender or the negligence or other wrongful act or omission of the following named parties, Borrower agrees to protect and defend Lender and the governing body members, officers, agents, servants and employees thereof, now and forever, and further agrees to hold the aforesaid harmless from any claim, demand, suit, action or other proceeding whatsoever by any person or entity whatsoever arising or purportedly arising from the acquisition, construction, installation, ownership, maintenance, and operation of the Equipment.

Release and Indemnification Covenants. Except for any breach of the representations and warranties of the Lender or the negligence or other wrongful act or omission of the following named parties, the Borrower agrees to protect and defend the Lender and the governing body members, officers, agents, servants and employees thereof, now and forever, and further agrees to hold the aforesaid harmless from any claim, demand, suit, action or other proceeding whatsoever by any person or entity whatsoever arising or purportedly arising from the acquisition, construction, installation, ownership, maintenance, and operation of the Equipment.

Release and Indemnification Covenants. Except for any breach of the representations and warranties of Lender the Authority or the negligence or other wrongful act or omission of the following named parties, the Borrower agrees to protect and defend Lender the Authority and the governing body members, officers, agents, servants servants, and employees thereof, now and forever, and further agrees to hold the aforesaid harmless from any claim, demand, suit, action action, or other proceeding whatsoever by any person or entity whatsoever arising or purportedly arising from the acquisition, construction, installation, ownership, maintenance, acquisition and operation of the Equipment, the operation of the Facility and the Borrower’s activities on the Development Property.