Common use of Release and Indemnification of Bank Clause in Contracts

Release and Indemnification of Bank. You agree to release and indemnify and hold harmless Bank, its directors, officers, employees and agents (“Indemnitees”) from all claims, causes of action, damages, demands, judgments and expenses (including their attorneys’ fees), liabilities and other losses of any kind incurred by or asserted against such Indemnitee in any way resulting from, relating to or arising out of the services provided in the Agreement, the provision of invalid or inaccurate data by you, or any acts or omissions by you or any third party or otherwise, except to the extent that such claims, causes of action, damages, demand, judgments and expenses, liabilities or other losses are the result of Bank’s gross negligence or willful misconduct. You acknowledge this release and indemnification shall survive termination of the Agreement.

Appears in 11 contracts

Samples: cdn.getoxygen.com, Deposit Account Agreement, Deposit Account Agreement

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