a) The Introducer agrees to indemnify and keep indemnified, Lightspeed from any damages, losses, outgoings, costs, charges or expenses suffered or incurred by Lightspeed directly or indirectly in respect of:
i. Any breach of the Introducer's obligations, warranties, representations and covenants under this document or any error, omission or misrepresentation whether innocent or fraudulent by the Introducer or its representatives or agents;
ii. Any action, claim or demand made or brought in respect of or otherwise arising from or in connection with any breach of any of the warranties contained in this document or the fact that any of those warranties is untrue at any time;
iii. Any settled loan where an insurer fails to indemnify (or gives notice to any person of its intention to deny liability, either wholly or in part, to indemnify) any Borrower and/or Lightspeed under pursuant to a contract of insurance where a claim is or may be made under pursuant to such a contract and such refusal to indemnify results either in whole or in part from any fraud, negligence, misrepresentation, act, omission or default of the Introducer or its representatives or agents;
iv. The provision of any incomplete or inaccurate Borrower data;
v. Any act or omission of an Introducer's representatives or agents;
vi. The Introducer or its representatives or agents breaching any law of any state or territory of Australia.
b) Without limiting the provisions of clause 5.1, in the event of any breach of or default under this document by the Introducer or its representatives or agents, the Introducer agrees to indemnify Lightspeed against:
i. All fees (including legal fees and disbursements on a solicitor and own client basis), actions, claims, demands, losses, damages, proceedings, compensation, costs, charges and expenses whether during or after the term hereof incurred by Lightspeed in connection with or resulting from this document consequent upon any breach of or default under this document by the Introducer or in rectifying such breach or default or procuring the rectification of such breach or default;
ii. Any loss of damage suffered or incurred by Lightspeed as a result either directly or indirectly of any breach of or default by the Introducer under this document including, without limitation, any consequential loss or damage including any financial loss or damage suffered by Lightspeed; and
iii. Any liability either direct or indirect, tortuous, contractual or statutory which may be incurred or suffered by a Manger and/or the Trustee or any third person or persons where such loss or damage arises directly or indirectly from any breach of or default under this document by the Introducer or the Introducer's representatives including, without limitation, liability for consequential loss or damage including without limitation any financial loss or damage.
c) Such indemnity is in addition to any rights implied by law in favour of Lightspeed.
d) The indemnities in favour of Lightspeed contained in this document survive termination of this document or the termination of settled loans.