Hold Harmless All parties hereby covenant and agree to: (1) indemnify and hold Holder harmless from and against all claims, injuries, suits and damages arising out of the performance by Holder of its duties; (2) not to xxx Xxxxxx for any decision of Holder to disburse xxxxxxx money in accordance with this Agreement. Seller warrants that Seller presently has title to said Property, and at the time the sale is consummated agrees to convey insurable title to said Property to Purchaser by Limited Warranty deed, subject only to (1) all zoning; general utility, sewer and drainage easements of record as of the Binding Agreement Date; (2) matters affecting title that would be disclosed by an accurate survey of the property, (3) Declaration of Covenants, conditions and restrictions of record on the Binding Agreement Date and (3) all taxes not yet due and payable. In the event there are leases on the property, Xxxxxxxxx agrees to assume Xxxxxx's responsibility thereunder to the tenant(s) and broker(s) who negotiated such leases. Purchaser shall have fifteen (15) days from the Binding Agreement Date to examine title and to furnish Seller a written statement of objections affecting the insurability of said title. Should Purchaser fail to furnish Seller with a written statement of objections within the time allotted, then Purchaser shall be deemed to have accepted title as is. Seller shall have forty-five
Related Indemnified Person of an Indemnitee means (a) any controlling person or controlled affiliate of such Indemnitee, (b) the respective directors, officers, or employees of such Indemnitee or any of its controlling persons or controlled affiliates and (c) the respective agents of such Indemnitee or any of its controlling persons or controlled affiliates, in the case of this clause (c), acting at the instructions of such Indemnitee, controlling person or such controlled affiliate; provided that each reference to a controlled affiliate or controlling person in this definition shall pertain to a controlled affiliate or controlling person involved in the negotiation or syndication of the Facility.
Related Indemnitee Group has the meaning specified in Section 4.02(b) of the Participation Agreement.
Indemnified Parties has the meaning set forth in Section 8.2.
Indemnify means an undertaking to pay any damages, claim or taxed costs awarded by a court or agreed to by the municipality in terms of a formal settlement process;
Exculpated Parties shall have the meaning set forth in Section 13.1 hereof.
Indemnified Persons has the meaning assigned to such term in Section 7.12(c).
Exculpation means the exculpation provision set forth in Article X.E hereof.
Company Indemnitees shall have the meaning set forth in Section 5.02.
Expenses and Liabilities has the meaning assigned to such term in Section 5.4(a).
Company Indemnified Persons has the meaning set forth in Section 5(a).
Seller Indemnitees has the meaning set forth in Section 8.03.
Indemnified Items shall have the meaning assigned to such terms in Section 2(b).
Lender Indemnitees shall have the meaning given to it in Section 14.19 hereof.
Seller Indemnified Persons has the meaning set forth in Section 8.3.
Company Indemnified Parties has the meaning specified in Section 7.8(a).
Agent Indemnitees means Agent and its officers, directors, employees, Affiliates, agents and attorneys.
Indemnified Costs has the meaning specified in Section 8.05(a).
Seller Indemnified Parties has the meaning set forth in Section 8.1.
Parent Indemnified Parties has the meaning set forth in Section 9.2(a).
Company Indemnified Person means (a) any Administrator; (b) any Affiliate of any Administrator; (c) any officers, directors, shareholders, members, partners, employees, representatives or agents of any Administrator; or (d) any officer, employee or agent of the Trust or its Affiliates.
Indemnified Person has the meaning set forth in Section 11.3.
Losses incurred means ceded losses and Loss Adjustment Expense paid as of the effective date of calculation, plus the ceded reserves for losses and Loss Adjustment Expense outstanding as of the same date.
Licensee Indemnitees has the meaning set forth in Section 11.2.
Purchaser Indemnitees has the meaning set forth in Section 7.02.
Licensor Indemnitees has the meaning set forth in Section 9.1.