Common use of Tenant to Indemnify Landlord and Landlord’s Lenders Clause in Contracts

Tenant to Indemnify Landlord and Landlord’s Lenders. Tenant shall indemnify and hold harmless Landlord, Landlord’s Lenders (as defined in Section 10.1), and their respective directors, officers, employees and agents (each an “Indemnified Party”) from and against any and all claims, actions, proceedings, investigations, suits, penalties, fines, costs, expenses, sums paid in settlement, judgments, losses and damages, directly or indirectly arising as a result of or caused by Tenant’s failure to comply fully with any applicable Laws or Environmental Laws or the terms of this Article 8, except as a result of the negligence or misconduct of an Indemnified Party. Landlord shall indemnify and hold harmless Tenant and its directors, officers, employees and agents from and against any and all claims, actions, proceedings, investigations, suits, penalties, fines, costs, expenses, sums paid in settlement, judgments, losses and damages, directly or indirectly arising as a result of or caused by Landlord’s failure to comply fully with any applicable Laws or Environmental Laws. The foregoing indemnification shall include without limitation all costs of environmental cleanup, all fees and expenses of environmental consultants and engineers hired by an indemnified party and reasonable attorney’s fees incurred by an indemnified party directly or indirectly as a result of any claim for which indemnification is provided herein. Tenant shall be responsible for the cost of any and all repairs to the Property, Building 5, the Leased Premises and any other real or personal property owned by Landlord or its subsidiaries from time to time, structural and nonstructural, required as a result of Tenant’s violation of any such Laws or Environmental Laws or terms of this Article 8. The terms of this Article 8 shall survive the termination or expiration of this Lease for any reason.

Appears in 3 contracts

Samples: Lease Agreement (Arvinas Holding Company, LLC), Lease Agreement (Arvinas Holding Company, LLC), Lease Agreement (Arvinas Holding Company, LLC)

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Tenant to Indemnify Landlord and Landlord’s Lenders. Tenant shall indemnify and hold harmless Landlord, Landlord’s Lenders (as defined in Section 10.1), and their respective directors, officers, employees and agents (each an “Indemnified Party”) from and against any and all claims, actions, proceedings, investigations, suits, penalties, fines, costs, expenses, sums paid in settlement, judgments, losses and damages, directly or indirectly arising as a result of or caused by Tenant’s failure to comply fully with any applicable Laws or Environmental Laws (excluding compliance requirements arising or resulting from (a) halogenated volatile organic compounds detected in soil gas monitoring at the Building 5 Leased Premises as of the date of the Second Amendment to Lease and (b) any asbestos that was in, at, or under the Building 5 Leased Premises as of the date of the Second Amendment to Lease, except to the extent that the Landlord shall have approved proposed modifications to the Building 5 Leased Premises conditioned upon the agreement of the Tenant to pay all costs of the removal or abatement of such asbestos in accordance with all applicable laws) or the terms of this Article 8, except as a result of the negligence or misconduct of an Indemnified Party. Landlord shall indemnify and hold harmless Tenant and its directors, officers, employees and agents from and against any and all claims, actions, proceedings, investigations, suits, penalties, fines, costs, expenses, sums paid in settlement, judgments, losses and damages, directly or indirectly arising as a result of or caused by Landlord’s failure to comply fully with any applicable Laws or Environmental Laws. The foregoing indemnification shall include without limitation all costs of environmental cleanup, all fees and expenses of environmental consultants and engineers hired by an indemnified party Indemnified Party and reasonable attorney’s fees incurred by an indemnified party Indemnified Party directly or indirectly as a result of any claim for which indemnification is provided herein. Tenant shall be responsible for the cost of any and all repairs to the Property, Building 5the Building, the Leased Premises and any other real or personal property owned by Landlord or its subsidiaries from time to time, structural and nonstructural, required as a result of Tenant’s violation of any such Laws or Environmental Laws (excluding any violations in connection with or related to (a) halogenated volatile organic compounds detected in soil gas monitoring at the Building 5 Leased Premises as of the date of the Second Amendment to Lease and (b) any asbestos that was in, at, or under the Building 5 Leased Premises as of the date of the Second Amendment to Lease, except to the extent that the Landlord shall have approved proposed modifications to the Building 5 Leased Premises conditioned upon the agreement of the Tenant to pay all costs of the removal or abatement of such asbestos in accordance with all applicable laws) or terms of this Article 8. The terms of this Article 8 shall survive the termination or expiration of this Lease for any reason.

Appears in 1 contract

Samples: Lease (Vion Pharmaceuticals Inc)

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