Indemnification — Lessee assumes liability and shall indemnify, defend, and hold harmless the lessor, its agents, employees, officers, and assigns from and against, any and all liabilities, obligations, losses, demands, damages, injuries (including, but not limited to, bodily injury, illness, and death), claims, penalties, suits, actions, costs, and expenses, including attorney's fees, of whatsoever kind and nature, relating to or arising out of the use, condition (including, but not limited to latent and other defects and whether or not discoverable by lessee or lessor), operation, ownership, selection, delivery, leasing, or return of the equipment, regardless of where, how, and by whom operated, or any failure on the part of lessee to perform or comply with the conditions of this lease.
Without limiting the generality of the foregoing, lessee shall, at its own cost and expense, defend lessor against all claims, suits, or proceedings commenced by anyone in which lessor is named as a party for which lessor is alleged to be liable or responsible as a result of or arising out of the equipment or any alleged act or omission by lessor. And lessee shall be liable and responsible for all costs, expenses, and attorney's fees incurred in the defense, settlement, judgment, or other resolution thereof. In the event any suit is commenced naming lessor as a party, the lessor may, in its sole discretion, elect to defend the said action on its own behalf with counsel of its choice. And lessee shall be liable for and reimburse lessee for all such costs, expenses, and attorney's fees incurred by the lessor in such defense.
Purpose of This Clause — The indemnities and assumption of the liabilities and obligations herein provided for shall continue in full force and effect notwithstanding the expiration or other termination of the lease.