Subrogation and Indemnification. In the event that a Guarantor makes any payment to Lender (or its successors) pursuant to a Guaranty, such Guarantor shall be subrogated to any and all Lender rights and remedies under the Loan Documents. Borrower hereby indemnifies, agrees to defend (with counsel reasonably satisfactory to Guarantors), and holds harmless Guarantors and their directors, officers, managers, members, agents and representatives (collectively, the “Indemnified Parties”) from and against any claims, damages, liabilities, losses, obligations, costs and expenses (including attorneys’ fees and disbursements and court costs) resulting from, arising out of, or related to: (a) any Credit Enhancement Document, or any Loan Document, including, without limitation, any breach by Borrower thereunder; (b) the Guaranties, including without limitation, any payments made by a Guarantor under a Guaranty; and (c) any action, suit, proceeding or claim by Lender (or its successors) against an Indemnified Party under or with respect to any Credit Enhancement Document, any Guaranty, any Loan Document or any transaction contemplated thereby.
Subrogation and Indemnification. Each party hereby waives any claim in its favor against the other party by way of subrogation or indemnification which may arise during the term of this Agreement for any and all loss of or damage to any of its property or for bodily injury, which loss, damage, or bodily injury is covered by insurance to the extent that such loss or damage is recovered under such policies of insurance as required herein. The subrogation and indemnification concept set forth in this provision is intended to apply only to insurance matters, and nothing in this provision is intended to alter the indemnification rights set forth elsewhere in this Agreement.
Subrogation and Indemnification. Xxxxxxxxx agrees to waive subrogation and indemnifies Aurora against third party claims.
Subrogation and Indemnification. Both Xxxxxxx and the Project agree to waive any claims against the other party for any and all loss of or damage to any property or for bodily injury covered by insurance required as part of this agreement. This indemnification applies only to insurance manners and does not alter indemnification rights specified elsewhere in this agreement.
Subrogation and Indemnification. Presenter agrees to waive subrogation and indemnifies Aurora against third party claims.
Subrogation and Indemnification. Both Sultana and the Project agree to waive any claims against the other party for any and all loss of or damage to any property or for bodily injury covered by insurance required as part of this agreement. This indemnification applies only to insurance manners and does not alter indemnification rights specified elsewhere in this agreement.
