Common use of Due Diligence Indemnification Clause in Contracts

Due Diligence Indemnification. PUEBLO HOLDINGS SHALL PROTECT, DEFEND, INDEMNIFY AND HOLD THE SELLER INDEMNITEES HARMLESS FROM AND AGAINST ANY AND ALL CLAIMS AND LOSSES CAUSED DIRECTLY OR INDIRECTLY BY THE ACTS OR OMISSIONS OF PUEBLO HOLDINGS, PUEBLO HOLDINGS’ AFFILIATES OR ANY PERSON ACTING ON PUEBLO HOLDINGS’ OR ITS AFFILIATE’S BEHALF IN CONNECTION WITH ANY DUE DILIGENCE CONDUCTED PURSUANT TO OR IN CONNECTION WITH THIS AGREEMENT, INCLUDING ANY SITE VISITS AND ENVIRONMENTAL SAMPLING; PROVIDED, HOWEVER, THAT THIS PROVISION SHALL NOT APPLY TO ANY ENVIRONMENTAL CLAIM OR LIABILITY OF ANY PUEBLO COMPANY DISCOVERED BY BUYERS THROUGH DUE DILIGENCE. Pueblo Holdings shall comply fully with all rules, regulations, policies and instructions issued by either Pueblo Company or any Third Person operator and provided to Pueblo Holdings regarding Pueblo Holdings’ actions while upon, entering or leaving any property, including any insurance requirements that any Pueblo Company reasonably may impose on contractors authorized to perform work on any property owned or operated by either Pueblo Company.