Common use of Indemnity by Assignor Clause in Contracts

Indemnity by Assignor. Assignor shall indemnify, defend and hold Assignee harmless from any claim, liability, cost or expense (including without limitation reasonable attorneys’ fees and costs) arising out of any Operating Agreement for the period prior to the Transfer Time.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Ashford Hospitality Trust Inc), Agreement of Purchase and Sale (CNL Hotels & Resorts, Inc.)

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Indemnity by Assignor. Assignor shall indemnify, defend and hold Assignee harmless from any claim, liability, cost or expense (including without limitation reasonable attorneys’ fees and costs) arising out of any Operating Agreement for the period prior to the Transfer Time. 5.

Appears in 1 contract

Samples: Purchase and Sale   Agreement

Indemnity by Assignor. Assignor shall indemnify, defend and hold Assignee harmless from any claim, liability, cost or expense (including including, without limitation limitation, reasonable attorneys’ fees and costs) arising out of any Operating Agreement the Property for the period prior to the Transfer TimeClosing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (CNL Income Properties Inc)

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Indemnity by Assignor. Assignor shall indemnify, defend and hold Assignee harmless from any claim, liability, cost or expense (including without limitation reasonable attorneys’ fees and costs) arising out of any Operating the Management Agreement for the period prior to the Transfer Time.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Ashford Hospitality Trust Inc)

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