X hits on this document

PDF document

NEGOTIATING KEY LEASE PROVISIONS A Landlord's Point of View - page 42 / 60

139 views

0 shares

0 downloads

0 comments

42 / 60

FORM 16

INDEMNIFICATION BY TENANT

Tenant shall indemnify and hold harmless Landlord against and from any and all damages, liabilities, claims and expenses (including without limitation reasonable attorneys' fees and court costs) arising from Tenant's use of the Premises or the conduct of its business or from any activity, work, or thing done, permitted or suffered by the Tenant in or about the Premises, and shall further indemnify and hold harmless Landlord against and from any and all damages, liabilities, claims and expenses (including without limitation reasonable attorneys' fees and court costs) arising from any breach or default in the performance of any obligation on Tenant's part to be performed under the terms of this Lease. If any such action or proceeding is brought against Landlord, Tenant, upon notice from Landlord, shall defend Landlord against that claim at Tenant's expense by counsel reasonably satisfactory to Landlord. Tenant, as a material part of the consideration to Landlord, hereby assumes all risk of damage to property or injury to persons in or about the Premises from any cause whatsoever except Landlord's negligence or intentionally wrongful conduct and Tenant hereby waives all claims in respect thereof against Landlord. Tenant agrees that it will not assert its industrial insurance Immunity if such assertion would be inconsistent with Landlord's right to indemnification from Tenant pursuant to this Section ____ The parties agree that this provision was mutually negotiated. .

99999\11111\215691.V01 JDC

42

Document info
Document views139
Page views139
Page last viewedMon Dec 05 05:17:21 UTC 2016
Pages60
Paragraphs922
Words21785

Comments