Common use of Indemnities of Buyer Clause in Contracts

Indemnities of Buyer. Buyer agrees that it will protect, defend, indemnify and hold Seller harmless from and against all actions, causes of action, suits, claims, costs, losses, penalties, damages, liabilities and expenses of any kind whatsoever, including reasonable attorneys' fees ("Claims"), based upon or arising out of: (i) any Claim for personal injury or property damage occurring on or about the Property after the Closing Date or in connection with Buyer's or its agents' or independent contractors' access to the Property prior to the Closing Date; (ii) any Claims related to construction defects, soil subsidence or other similar claims related to the Land, the Lots or the Improvements or any other improvements of any kind made thereto or constructed thereon; and (iii) any other Claim arising out of Buyer's ownership or operation of the Property after the Closing Date.

Appears in 4 contracts

Samples: Purchase Agreement (Homefed Corp), Purchase Agreement (Homefed Corp), Purchase Agreement (Homefed Corp)

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Indemnities of Buyer. Buyer agrees that it will protect, defend, indemnify and hold Seller harmless from and against all actions, causes of action, suits, claims, costs, losses, penalties, damages, liabilities and expenses of any kind whatsoever, including reasonable attorneys' fees ("Claims"), based upon or arising out of: (i) any Claim for personal injury or property damage occurring on or about the Property after the Closing Date or in connection with Buyer's or its agents' or independent contractors' access to the Property prior to the Closing Date; (ii) any Claims related to construction defects, soil subsidence or other similar claims related to the Land, the Lots or the Improvements or any other improvements of any kind made thereto or constructed thereon; and (iii) any other Claim arising out of Buyer's ownership or operation of the Property after the Closing Date.

Appears in 1 contract

Samples: Option to Purchase Agreement (Homefed Corp)

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