This is your authorization to act as our agent to collect and/or repossess on sight, the above collateral which is covered by a defaulted contract.
Contractor shall fully protect, indemnify and affiliates, subsidiaries and parents, their respective directors, officers, employees, agents, insurers, attorneys, successors and assigns, for any and all loss demands, penalties, interest, actions or causes of action whatsoever, including costs, expenses and reasonable attorneys fees, in any manner arising out of, related to or in connection with, the performance of services by Contractor or any subcontractor, assignee or agent of Contractor resulting from: any breach of this Agreement; the violation of any federal, state or local law, rule, regulation, or ordinance; or any intentional or negligent act or omission or willful misconduct of Contractor or its subcontractors or their officers, agents or employees.
Client shall fully protect, indemnify, and hold harmless and defend Contractor and each of Contractor’s affiliates, subsidiaries and parents, their respective directors, officers, employees, agents, insurers, attorneys, successors, assigns and Copenalties, interest, actions or causes of action whatsoever, including costs, expenses and violation of any federal, state or local law, rule, regulation or ordinance; or any intentional or negligent act or omission or willful misconduct of Client or their officers, agents or employees.