Chase bank installment loans. LOAN AND SAFETY AGREEMENT
6. GENERAL INDEMNITY. Borrower assumes all danger and obligation for, and shall protect, indemnify and keep Lender safe on a basis that is after-tax, any and all sorts of liabilities, responsibilities, losses, damages, penalties, claims, actions, suits, expenses and costs, including reasonable lawyer costs and costs, of whatsoever sort and nature imposed on, incurred by or asserted against Lender, by any means associated with or arising out from the make, purchase, acceptance, rejection, ownership, control, usage, selection, distribution, operation, condition, purchase, return or any other disposition of this gear or any component thereof (including, without limitation, any claim for latent or any other defects, whether or otherwise not discoverable by Borrower or just about any other individual, any claim for negligence, tort or strict obligation, any claim under any ecological security or dangerous waste legislation and any claim for patent, trademark or copyright infringement). Borrower will maybe not indemnify Lender under this part for loss or obligation brought on by the gross negligence or willful misconduct of Lender. In this area, Lender also contains any manager, officer, employee, representative, assign or successor of Lender. Borrowers responsibilities under this area shall endure the expiration, termination or cancellation for this contract.
7. INDIVIDUAL PROPERTY.
Borrower represents and agrees that the apparatus is, and shall after all times stay, separately recognizable property that is personal. Lender may show notice of the curiosity about the gear by any reasonable identification and Borrower shall perhaps maybe maybe not change or deface such indicia of Lenders interest.
8. FINANCIAL & DIFFERENT REPORTS. Borrower agrees to furnish to Lender: (a) yearly audited monetary statements setting forth the condition that is financial outcomes of procedure of Borrower (economic statements shall consist of stability sheet, income statement and declaration of money flows and all sorts of records and auditors report thereto) within 3 months associated with the end of every financial 12 months of Borrower; (b) upon Lenders demand, quarterly economic statements setting forth the monetary condition and outcomes of procedure of Borrower within 45 times of the termination of each one of the very very very first three financial quarters of Borrower; and (c) such other monetary information as Lender may every so often fairly request including, without limitation, economic reports filed by Borrower with federal or state regulatory agencies. Read More