|
<br />I
<br />
<br />I
<br />
<br />I
<br />
<br />I
<br />
<br />I
<br />
<br />required to verify any of the project Costs enumerated in
<br />this paragraph.
<br />
<br />9. The User agrees that it will at all times indem-
<br />nify and hold harmless the Corporation against all losses,
<br />costs, damages, expenses and liabilities (collectively
<br />referred to hereinafter as "Losses") of whatsoever nature
<br />(including but not limited to attorneys' fees, litigation
<br />and court costs, amounts paid in settlement and amounts
<br />paid to discharge judgments) directly or indirectly re-
<br />sulting from, arising out of or related to one or more
<br />Claims, as hereinafter defined, even if such Losses or
<br />Claims, or both, directly or indirectly result from, arise
<br />out of or relate to, or are asserted to have resulted from,
<br />arisen out of or related to, in whole or in part, one or
<br />more negligent acts or omissions of the Corporation or its
<br />officers, employees, agents, servants or any other party
<br />acting for or on behalf of the Corporation. The term
<br />"Claims" as used herein shall mean all claims, lawsuits,
<br />causes of action and other legal actions and proceedings,
<br />inVOlving bodily or personal injury or death of any person
<br />or damage to any property (including but not limited to
<br />persons employed by the Corporation, the User or any other
<br />person and all property owned or claimed by the Corpora-
<br />tion, the User, any affiliate of the User or any other
<br />person) or involving damages relating to the issuance,
<br />offering, sale or delivery of the Bonds brought against the
<br />Corporation or to which the Corporation is a party, even if
<br />groundless, false or fraudulent, that directly or indi-
<br />rectlyresult from, arise out of or relate to the issuance,
<br />offering, sale or delivery of the Bonds or the design, con-
<br />struction, .installation, operation, use, occupancy, mainte-
<br />nance or ownership of the Project or any part thereof. The
<br />Obligations of the User shall apply to all Losses or
<br />Claims, or both, that result from, arise out of or are
<br />related:to any event., occurrence, condition or relationship
<br />prior to ~ermination of this Agreement, whether such Losses
<br />or Claims, or both, are asserted prior to termination of
<br />this Agreement or thereafter. The Corporation will not be
<br />liable to the User for, and the User hereby releases the
<br />Corporation from, all liability to the User for any
<br />injuries, damages or destruction fo all or any part or
<br />parts of any property owned or claimed by the User that
<br />directly or indirectly result from, arise out of or relate
<br />to the issuance, offering, sale or delivery of the Bonds or
<br />
<br />-7-
<br />
|