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Indemnification by Borrower
Indemnification by Borrower contract clause examples

Indemnification by Borrower. Borrower shall pay Lender, within ten (10) days after demand therefor, the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on, or attributable to, amounts payable under [clause (a) above]) payable or paid by Lender or required to be

Indemnification by1"> the Borrower. Borrower shall 3">pay3">indemnify Lender, within ten (10) 5">days5">Business Days after demand therefor,7"> for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted 9">on,9">on or attributable 11">to,11">to amounts payable under 13">[clause (a) above])13">this Section) payable or paid by Lender or required to be15"> withheld or deducted from a payment to Lender and any reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to the Borrower by Lender shall be conclusive absent manifest error.

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