Common use of Liability of Acquirer Clause in Contracts

Liability of Acquirer. Except for any obligation expressly assumed or agreed to be assumed by the Acquirer hereunder and in the Assignment and Assumption Agreement, the Acquirer does not assume any obligation of the Contributors or any liability for claims arising out of any occurrence prior to Closing.

Appears in 4 contracts

Samples: Contribution Agreement (Hersha Hospitality Trust), Contribution Agreement (Hersha Hospitality Trust), Contribution Agreement (Hersha Hospitality Trust)

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Liability of Acquirer. Except for any obligation expressly assumed or agreed to be assumed by the Acquirer hereunder and in the Assignment and Assumption Agreement, the Acquirer does not assume any obligation of the Contributors Contributor or any of Contributor’s liability for claims arising out of any occurrence prior to Closing.

Appears in 1 contract

Samples: Contribution Agreement (Hersha Hospitality Trust)

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