WE HEREBY UNDERTAKE AND AGREE TO INDEMNITY YOU FULLY AGAINST ALL CONSEQUENCES AND/OR LIABILITIES/COMPOUND CHARGES OF ANY KIND WHATSOEVER DIRECTLY OF INDIRECTLY ARISING FROM OR RELATION TO THE SAID AGREEMENT ARRANGEMENT AND IMMEDIATELY ON DEMAND AGAINST ALL PAYMENT MADE BY YOU IN RESPECT OF SUCH CONSEQUENCES AND/OR LIABILITIES, INCLUDING COSTS AS BETWEEN SOLICITORS AND CLIENTS AND ALL OR ANY SUM DEMANDED BY YOU FOR THE DEFENSE OF ANY PROCEEDING BROUGHT AGAINST YOU BY REASON OF THE SAID ARRANGEMENT.