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ITY OF LA PORUSTRIAL • Page 4 <br />' DE~LOP"SENT COR ATION <br />Application for Financing <br />occupations and employment and the name and principal <br />business of the corporation or other organization in <br />which such occupations and employment were carried on; <br />and, <br />On previous page <br />4. Audited financial statements (or if audited financial <br />statements are not available, unaudited financial <br />statements) for each of the three preceding fiscal years. <br />See Attached Schedules 1-7 <br />b. Detail changes or events subsequent to the date of the most <br />recent financial statements (including. but not limited to <br />pending or threatened litigation, claims, assessments, commit- <br />ments, subsequent information regarding uncollectibility of <br />receivables, valuation of assets, changes in corporate struc- <br />ture or statements of prior period financial statements) which <br />may have a material effect on the Applicant's financial <br />position: <br />NONE <br />B. Agreements of Aonlicant <br />a. Indemnity: By its execution of this Application, the <br />Applicant agrees that it will at all times indemnify and hold <br />harmless the Corporation, the Board of Directors of tae Corpo- <br />ration, City of La Porte, Texas (the "Unit"), the City Council <br />of the Unit and any of the officers, directors, emoloyees, <br />agents, servants and anv other party actir.~ for or on behalf <br />of the Corporation or the Unit (such parties being hereinafter <br />referred tc as the "Indemnified Parties") .against am and ail <br />losses, costs, damages, expenses and liabilities (collectively <br />herein called "Losses") of whatsoever nature (including, but <br />not limited to, attorneys' fees, li*_igation and court costs, <br />amounts paid in settlement and amounts paid to discharge <br />judgments) directly or indirectly resulting from, arising out <br />of or relating to one or more Claims, as hereinafter defined, <br />even if such Losses or Claims, or both, directly or indirectly <br />result from, arise out of or relate to, or are asserted to <br />have resulted from, arisen out of or related to, ir. ~.•aole or <br />in part, one or more negligent acts or omissions of the In- <br />demnified Parties in connection ::ith the issuance of the Bonds <br />or in connection with the Project. iae te_-m "Claims" as used <br />herein. shall mean all claims, la~.:suits, causes o; action and <br />