Guest Baggage. Any baggage or other property of departed guests held by Seller at the Property shall be inventoried, sealed and tagged jointly by Seller and Buyer promptly after the Closing and may be left at the Property for a period not to exceed ninety (90) days following the Closing Date. After such period, all such baggage or property will be deemed abandoned by Seller and Buyer shall dispose of such baggage in any manner deemed appropriate by Buyer. Seller hereby indemnifies Manager and Buyer against all claims, losses and liabilities in connection with the holding of such baggage or other property for the period prior to and ending on the Closing Date. Buyer hereby indemnifies Seller against all claims, losses and liabilities in connection with the holding of such baggage or other property for the period following the Closing Date and Buyer's disposal of baggage abandoned by Seller. All baggage of guests who are still guests of the Property on the Closing Date which has been checked with or left in the care of Seller shall be inventoried, sealed and tagged jointly by Seller and Buyer promptly after the Closing. Buyer hereby agrees to indemnify Seller against all claims, losses or liabilities with respect to such baggage arising out of the acts or omissions of Buyer after the Closing. The provisions of this section shall survive the Closing (and not be merged therein).
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Strategic Hotels & Resorts, Inc)
Guest Baggage. Any baggage or other property of departed guests held by Seller at the Property shall be inventoried, sealed and tagged jointly by Seller and Buyer promptly after the Closing and may be left at the Property Hotel for a period not to exceed ninety (90) days following the Closing Date. After At any time during such period, all such baggage or property will will, at the option of Seller, be deemed abandoned removed by Seller and Buyer disposed of by Seller or abandoned by Seller, in which case Purchaser shall dispose of such baggage in any manner deemed appropriate by BuyerPurchaser. Seller hereby indemnifies Manager shall indemnify, defend and Buyer hold Purchaser harmless from and against all claims, losses and liabilities in connection with the holding of such baggage or other property for such period and the period prior to disposal of same by Seller. Purchaser shall indemnify, defend and ending on the Closing Date. Buyer hereby indemnifies hold Seller harmless from and against all claims, losses and liabilities in connection with the holding Purchaser’s disposal of such baggage or other property for the period following the Closing Date baggage. Purchaser shall indemnify, defend and Buyer's disposal of baggage abandoned by Seller. All baggage of guests who are still guests of the Property on the Closing Date which has been checked with or left in the care of hold Seller shall be inventoried, sealed harmless from and tagged jointly by Seller and Buyer promptly after the Closing. Buyer hereby agrees to indemnify Seller against all claims, losses or liabilities with respect to such baggage arising out of the acts or omissions of Buyer Purchaser after the Closing. The provisions Seller shall indemnify, defend and hold Purchaser harmless from and against all claims, losses or liabilities with respect to such baggage arising out of this section shall survive the Closing (and not be merged therein)acts or omissions of Seller prior to the Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Eagle Hospitality Properties Trust, Inc.)
Guest Baggage. Any baggage or other property of departed guests held by Seller at the Property shall be inventoried, sealed and tagged jointly by Seller and Buyer promptly after the Closing and may be left at the Property Hotel for a period not to exceed ninety (90) days following the Closing DateClosing. After At any time during such period, all such baggage or property will will, at the option of Seller, be deemed abandoned removed by Seller and Buyer disposed of by Seller or abandoned by Seller, in which case Purchaser shall dispose of such baggage in any manner deemed appropriate by BuyerPurchaser. Seller hereby indemnifies Manager shall indemnify, defend and Buyer hold Purchaser harmless from and against all claims, losses and liabilities in connection with the holding of such baggage or other property for such period and the period prior to disposal of same by Seller. Purchaser shall indemnify, defend and ending on the Closing Date. Buyer hereby indemnifies hold Seller harmless from and against all claims, losses and liabilities in connection with the holding LLG DOC 211439 April 3, 2007 Homewood Suites Memphis – Poplar 0000 Xxxxxx Xxxxxx, Xxxxxxx, XX Purchaser’s disposal of such baggage or other property for the period following the Closing Date baggage. Purchaser shall indemnify, defend and Buyer's disposal of baggage abandoned by Seller. All baggage of guests who are still guests of the Property on the Closing Date which has been checked with or left in the care of hold Seller shall be inventoried, sealed harmless from and tagged jointly by Seller and Buyer promptly after the Closing. Buyer hereby agrees to indemnify Seller against all claims, losses or liabilities with respect to such baggage arising out of the acts or omissions of Buyer Purchaser after the Closing. The provisions Seller shall indemnify, defend and hold Purchaser harmless from and against all claims, losses or liabilities with respect to such baggage arising out of this section shall survive the Closing (and not be merged therein)acts or omissions of Seller prior to the Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Apple REIT Seven, Inc.)
Guest Baggage. Any baggage or other property of departed guests held by Seller at the Property shall be inventoried, sealed and tagged jointly by Seller and Buyer promptly after the Closing and may be left at the Property Hotel for a period not to exceed ninety (90) days following the Closing Date. After such period, all such baggage or property will will, at the option of Seller, be deemed removed by Seller or abandoned by Seller and Buyer shall dispose of such baggage in any manner deemed appropriate by Buyer. Seller hereby indemnifies Manager and Buyer against all claims, losses and liabilities in connection with the holding of such baggage or other property for such period and the period prior to and ending on the Closing Datedisposal of same by Seller. Buyer hereby indemnifies Seller against all claims, losses and liabilities in connection with the holding of such baggage or other property for the period following the Closing Date and Buyer's disposal of baggage abandoned by Sellersuch baggage. All baggage of guests who are still guests of in the Property Hotel on the Closing Date which has been checked with or left in the care of Seller shall be inventoried, sealed and tagged jointly by Seller and Buyer promptly immediately after the Closing. Buyer hereby agrees to indemnify indemnifies Seller against all claims, losses or liabilities with respect to such baggage arising out of the acts or omissions of Buyer after the Closing. The provisions Seller hereby indemnifies Buyer against all claims, losses or liabilities with respect to such baggage arising out of this section shall survive the Closing (and not be merged therein)acts or omissions of Seller prior to the Closing.
Appears in 1 contract