Common use of Servicer’s Indemnification Clause in Contracts

Servicer’s Indemnification. Servicer shall indemnify and hold harmless Fundrise and its trustee, directors, officers, employees and agents from and against any third party claims, losses, reasonable attorneys’ fees, damages, liabilities, costs, expenses, or suits for injury to any person, damage to or loss of property, or any other claim directly arising out of any grossly negligent or willful act or omission of Servicer, its employees, agents, or subcontractors or arising from the breach or performance by it of this Agreement or any other agreement, instrument, or document executed in connection with this Agreement.

Appears in 4 contracts

Samples: Servicing Agreement (Fundrise East Coast Opportunistic REIT, LLC), Servicing Agreement (Fundrise Midland Opportunistic REIT, LLC), Servicing Agreement (Fundrise West Coast Opportunistic REIT, LLC)

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