Agent/Indemnitor hereby agrees to indemnify and save harmless Oxford and its successors and assigns from any claim, action, liability, loss, damage or suit arising from the disbursement of the above requested funds. Where any claim is asserted, the party aware of such claim shall notify the other with reasonably timely notice of same in writing.
Thereafter, agent/indemnitor shall at its own expense defend, protect and save harmless Oxford against said claim or any loss or liability resulting therefrom. Should Agent/Indemnitor fail to so defend and / or indemnify and save harmless, then, in such case, Oxford shall have full rights to defend, pay or settle said claim on their own behalf without notice to Agent/Indemnitor for all fees, costs, and payments made or agreed to be paid to discharge said claim. Agent/Indemnitor agrees to pay all reasonable attorneys' fees necessary to enforce said indemnification.
This agreement shall be unlimited as to amount or duration, and it shall be binding upon and inure to the benefit of the parties, their successors, assigns and personal agents and representatives.