Common use of Indemnification For Inspection Activities Clause in Contracts

Indemnification For Inspection Activities. In the event of any damage to the Property caused by Buyer, its agents, engineers, employees, contractors, or surveyors (including without limitation pavement, landscaping, and surface damage), Buyer will pay the reasonable cost incurred by Seller to restore the Property to the condition existing prior to the performance of such tests, investigations, or studies. Buyer will defend, indemnify, and hold Seller harmless from any and all damage, liability, cost, and expense (including without limitation reasonable attorney fees, court costs, and costs of appeal) suffered or incurred by Seller for injury to persons or property caused by Buyer, its agents, engineers, employees, contractors or surveyors or by Buyer’s investigations, tests, studies, and/or inspections of the Property (provided that the foregoing indemnification shall not apply to the discovery of pre-existing conditions at the Property as a result of Buyer’s investigations). The obligations of Buyer under this subparagraph will survive termination of this Agreement.

Appears in 7 contracts

Samples: Buildingbits Purchase and Sale Agreement (Building Bits Properties I, LLC), Buildingbits Purchase and Sale Agreement (Building Bits Properties I, LLC), Buildingbits Purchase and Sale Agreement (Building Bits Properties I, LLC)

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