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Common use of By Assignee Clause in Contracts

By Assignee. Assignee hereby agrees to defend, indemnify and hold harmless Assignor from and against all liability, loss, cost, damage or expense arising out of or resulting from any obligations of Assignee under the Contracts, or as landlord under the Leases, arising from and after the Effective Date.

Appears in 2 contracts

Samples: Agreement of Sale and Purchase (Glimcher Realty Trust), Agreement of Sale and Purchase (Glimcher Realty Trust)

By Assignee. Assignee does hereby agrees agree to defend, indemnify indemnify, and hold Assignor harmless Assignor from and against any and all liabilitycauses, lossclaims, costdemands, damage losses, liabilities, costs, damages, expenses, and fees (including, but not limited to, reasonable attorneys’ fees) incurred or expense arising out suffered by Assignor as a result of Assignee’s failure to perform any or resulting from any all of Assignee’s obligations of Assignee under the Contracts, or as landlord under Operating Agreements and the Leases, arising Construction Loan from and after the Effective Datedate hereof.

Appears in 2 contracts

Samples: Purchase, Sale and Contribution Agreement, Purchase and Sale Agreement (MHI Hospitality CORP)

By Assignee. Assignee hereby agrees to defendAssignee, indemnify shall indemnify, defend and hold harmless Assignor from and against all liabilitylosses, lossclaims, costexpenses, damage damages or expense liabilities of any kind, including, without limitation, reasonable attorneys’ fees, arising out of or resulting from any obligations of Assignee under in connection with the Contracts, or as landlord under the Leases, arising from Membership Interests on and after the Effective Date.

Appears in 2 contracts

Samples: Assignment and Assumption of Limited Liability Company Membership Interests (Summit Healthcare REIT, Inc), Assignment and Assumption of Limited Liability Company Membership Interests (Summit Healthcare REIT, Inc)

By Assignee. Assignee hereby agrees to defend, indemnify and hold harmless Assignor from and against all liability, loss, cost, damage or expense arising out of or resulting from any obligations of Assignee under the Contracts, or as landlord under the Leases, Leases arising from and after the Effective Date.

Appears in 1 contract

Samples: Assignment and Assumption of Leases (Cedar Income Fund LTD /Md/)