nding indemnification ("Indemnitee") shall give prompt written notice thereof, and of the facts upon which based, to the other Party ("Indemnitor"). Indemnitor will have the right, at its own cost, to assume the defense or settlement of any such claim with counsel of its own choosing; provided, such counse

PREFERRED BANK, a California banking corporation ("Lender"). RECITALS WHEREAS, contemporaneously with the execution of this Hazardous Agreement, Indemnitor, as maker, has executed and delivered to Lender, as payee, its Promissory Note (the "Note") in the principal face amount of Eighteen Million and No

PREFERRED BANK, a California banking corporation ("Lender"). RECITALS WHEREAS, contemporaneously with the execution of this Hazardous Agreement, Indemnitor, as maker, has executed and delivered to Lender, as payee, its Promissory Note (the "Note") in the principal face amount of Eighteen Million and No

nt, demand or other communication (whether written or oral) by any Person or governmental authority alleging or asserting liability with respect to Indemnitor or the Property, whether for damages, contribution, indemnification, cost recovery, compensation, injunctive relief, investigatory, response, remedi