Borrower shall indemnify and hold Administrative Agent and all Lenders harmless from and against any and all suits, actions, claims, proceedings (including third party proceedings), damages, losses, liabilities, and expenses (including, without limitation, reasonable attorneys’ fees at standard hourly rates without regard to any statutory attorneys’ fees provisions) in connection with this transaction; provided, however, that Borrower shall not be required to indemnify or hold harmless the Administrative Agent or any Lender from any such matters that arise out of the gross negligence or willful misconduct of the Administrative Agent or any Lender. The foregoing indemnity shall survive full payment of the Secured Indebtedness, the foreclosure of this Instrument, any transfer of the Secured Property, and any and all other events relating to the foregoing.