Common use of LIABILITY OF PATRIOT Clause in Contracts

LIABILITY OF PATRIOT. Except for obligations expressly assumed or -------------------- agreed to be assumed by Patriot hereunder, Patriot is not assuming any obligations of Crow or any liability for claims arising out of any act, omission or occurrence which occurs, accrues or arises prior to the Closing Date, and Crow hereby indemnifies and holds Patriot harmless from and against any and all claims, costs, penalties, damages, losses, liabilities and expenses (including reasonable attorneys' fees) that may at any time be incurred by Patriot and its affiliates as a result of (1) obligations of Crow not expressly assumed or agreed to be assumed by Patriot hereunder, or (2) acts, omissions or occurrences which occur, accrue or arise prior to the Closing Date. Patriot hereby indemnifies and holds Crow harmless from and against any and all claims, costs, penalties, damages, losses, liabilities and expenses (including reasonable attorneys' fees) that may at any time be incurred by Crow as a result of acts, omissions or occurrences relating to the Property arising and accruing from and after the Closing Date. The provisions of this Section shall survive the Closing of the transaction contemplated hereby.

Appears in 11 contracts

Samples: Purchase and Sale Agreement (Patriot American Hospitality Operating Co\de), Purchase and Sale Agreement (Patriot American Hospitality Operating Co\de), Purchase and Sale Agreement (Patriot American Hospitality Operating Co\de)

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