Landlord Indemnified Party definition

Landlord Indemnified Party. As defined in Section 21.1.

Landlord Indemnified Party means Landlord, its partners, members, managers, officers, directors, invitees, employees and agents. “Lease” shall have the meaning set forth in the initial paragraph hereof. “Lease Commencement Date” shall mean the Effective Date. 5 4312031 v7-078791002

Landlord Indemnified Party. Landlord, any Affiliate of Landlord, any other Person against whom any claim for indemnification may be asserted hereunder as a result of a direct or indirect ownership interest (including a stockholder’s or partnership interest) in Landlord, the officers, directors, stockholders, employees, agents and representatives of the general partner of Landlord and any partner, agent, or representative of Landlord, and the respective heirs, personal representatives, successors and assigns of any such officer, director, partner, stockholder, employee, agent or representative.

Examples of Landlord Indemnified Party in a sentence

• If Tenant does not act promptly and completely to satisfy its indemnification obligations hereunder, Landlord may resist and defend any such claims or causes of action against Landlord or any Landlord Indemnified Party at Tenant’s sole cost.

• If Tenant does not act promptly and completely to satisfy its obligations hereunder, Landlord may resist and defend any such claims or causes of action against Landlord or any Landlord Indemnified Party at Tenant’s sole cost.

• Tenant, at its expense, shall contest, resist and defend any such claim, action or proceeding asserted or instituted against any Landlord Indemnified Party (“Landlord Claim”).

• In case any action or proceeding shall be brought against any Landlord Indemnified Party by reason of any such Claim, at such Landlord Indemnified Party’s option, upon Notice from Landlord, Tenant shall defend the same at Tenant’s expense by counsel selected by Landlord in its sole discretion.

• For so long as Tenant is defending any claim against any Landlord Indemnified Party hereunder, such Landlord Indemnified Party shall not settle any claim by a third party against such Landlord Indemnified Party without Tenant’s prior written consent, which consent shall not be unreasonably withheld, delayed or conditioned.

• Any Landlord Indemnified Party shall have the right to engage its own attorneys to represent it in connection with any matter for which such Landlord Indemnified Party is entitled to indemnity hereunder, but the fees and expenses of such attorneys shall be borne by such Landlord Indemnified Party unless Tenant shall fail to conduct such defense as required hereunder, in which case the attorneys’ fees and expenses of such Landlord Indemnified Party shall be borne and paid by Tenant immediately upon demand.

• Landlord hereby indemnifies, defends and holds Tenant harmless from and against any and all Losses actually suffered or incurred by Tenant as the sole and direct result of any negligent, willful or intentional acts or omissions of any Landlord Indemnified Party.

• If a third party files a lawsuit or brings any other legal action asserting a Claim against a Landlord Indemnified Party and that is covered by Tenant's indemnity, then Tenant, upon notice from the Landlord Indemnified Party, shall resist and defend such Claim through counsel reasonably satisfactory to the Landlord Indemnified Party.

• Section 20(A) of is hereby supplemented to include Tenant’s acknowledgement and agreement that the matters for which Tenant is obligated to indemnify Landlord pursuant to Section 20(A) may include the same incurred by a Landlord Indemnified Party regardless of whether caused in whole or in part by the simple or sole negligence (other than gross negligence) of any Landlord Indemnified Party.

• Tenant shall not settle any claim against any Landlord Indemnified Party without Landlord’s prior written consent, which consent shall not be unreasonably withheld or delayed; provided, however, that Landlord shall not under any circumstance be obligated to consent to any settlement involving any admission of criminal liability on the part of any Landlord Indemnified Party.

More Definitions of Landlord Indemnified Party

Landlord Indemnified Party shall have the meaning set forth in Section 14.01(ii).