INDEMNIFICATION

Debtor agrees to comply with the requirements of all local, state and federal laws, regulations and ordinances relating to its business and operations and to its extensions and obtaining of credit, and at all times to carry on its business in a lawful manner. Debtor hereby agrees to indemnify, defend and hold Bank harmless from and against all liabilities and claims asserted against Bank by any person, including Debtor, in connection with: (a) any breach of any Covenant, Warranty, Representation or other provision of this Agreement; (b) any sale, lease, encumbrance of any of the Collateral, as that term is defined in the Security Agreement (s); (c) any alleged violation of any law, regulation or ordinance by Debtor in connection with this Agreement or any other agreement or instrument between Debtor and Bank; (d) any personal injury or property damage alleged to have been suffered in connection with the ownership, possession, sale, lease or other disposition of any Collateral; and (e) any claim by any person arising out of Debtor's breach of warranty or failure to perform any of Debtor's obligations under any contract regarding the use, sale, lease or other disposition of any Collateral. Debtor further agrees to reimburse Bank for all counsel fees and costs expended or incurred by Bank in connection with the foregoing. This indemnification shall survive termination of this Agreement.

NOTICES AND INFORMATION TO BANK

All information, opinions, statements, reports and notices which are required to be furnished or which may otherwise be given in accordance with the terms and conditions of this Agreement shall be delivered to Bank at its Loan Servicing Department at the address specified above and shall be effective when actually received by the Bank in its Loan Servicing Department.

ADDITIONAL PROVISIONS

The following additional provisions apply to the agreement.

<== попередня сторінка	\|	наступна сторінка ==>
BANK'S RIGHT TO EQUITABLE RELIEF	\|	MISCELLANEOUS

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