Common use of Property Apartments Clause in Contracts

Property Apartments. In the event the Property contains one or more apartments (collectively, the "Property Apartments", whether one or more), whether for the use of the property manager or otherwise, Seller shall (i) cause all tenants and other occupants of the Property Apartments to vacate same not later than Closing, (ii) deliver possession of the Property Apartments to Purchaser at Closing, free and clear of the claims of any tenants or other existing tenancies, and not otherwise subject to the rights or claims of any third party, and (iii) indemnify and hold Purchaser harmless from and against any claims, causes of action, loss, cost or expense incurred by Purchaser with respect to the Property Apartments. Seller's obligations contained in this Section 5.8 expressly shall survive Closing.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Strategic Storage Trust, Inc.), Purchase and Sale Agreement (Strategic Storage Trust, Inc.), Purchase and Sale Agreement (Strategic Storage Trust, Inc.)

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Property Apartments. In the event the Property contains one or more apartments (collectively, the "Property Apartments", whether one or more), whether for the use of the property manager or otherwise, Seller shall (i) cause all tenants and other occupants of the Property Apartments to vacate same not later than Closing, (ii) deliver possession of the Property Apartments to Purchaser at Closing, free and clear of the claims of any tenants or other existing tenancies, and not otherwise subject to the rights or claims of any third party, and (iii) indemnify and hold Purchaser harmless from and against any claims, causes of action, loss, cost or expense incurred by Purchaser with respect to the Property Apartments. Seller's ’s obligations contained in this Section 5.8 expressly shall survive Closing.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Strategic Storage Trust, Inc.), Purchase and Sale Agreement (Strategic Storage Trust, Inc.)

Property Apartments. In the event the Property contains one or more apartments (collectively, the "Property Apartments", whether one or more), whether for the use of the property manager or otherwise, Seller shall (i) cause all tenants and other occupants of the Property Apartments to vacate same not later than Closing, (ii) deliver possession of the Property Apartments to Purchaser at Closing, in good condition, free and clear of the claims of any tenants or other existing tenancies, and not otherwise subject to the rights or claims of any third party, and (iii) indemnify and hold Purchaser harmless from and against any claims, causes of action, loss, cost or expense incurred by Purchaser with respect to the Property Apartments. Seller's ’s obligations contained in this Section 5.8 expressly shall survive Closing.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Strategic Storage Trust VI, Inc.), Purchase and Sale Agreement (Strategic Storage Trust VI, Inc.)

Property Apartments. In the event the Property contains one or more apartments (collectively, the "Property Apartments", whether one or more), whether for the use of the property manager or otherwise, Seller Sellers shall (i) cause all tenants and other occupants of the Property Apartments to vacate same not later than Closing, (ii) deliver possession of the Property Apartments to Purchaser Buyer at Closing, in good condition, free and clear of the claims of any tenants or other existing tenancies, and not otherwise subject to the rights or claims of any third party, and (iii) indemnify and hold Purchaser Buyer harmless from and against any claims, causes of action, loss, cost or expense incurred by Purchaser Buyer with respect to the Property Apartments. Seller's Sellers’ obligations contained in this Section 5.8 47 expressly shall survive Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Strategic Storage Trust II, Inc.)

Property Apartments. In the event the Property contains one or more apartments (collectively, the "Property Apartments", whether one or more), whether for the use of the property manager or otherwise, Seller shall (i) cause all tenants and other occupants of the Property Apartments to vacate same not later than Closing, (ii) deliver possession of the Property Apartments to Purchaser at Closing, free and clear of the claims of any tenants or other existing tenancies, and not otherwise subject to the rights or claims of any third party, and (iii) indemnify indemnify, defend and hold Purchaser harmless from and against any claims, causes of action, loss, cost or expense incurred by Purchaser with respect to the Property Apartments. Seller's ’s obligations contained in this Section 5.8 expressly shall survive Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Strategic Storage Trust II, Inc.)

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Property Apartments. In the event the Property contains one or more apartments (collectively, the "Property Apartments", whether one or more), whether for the use of the property manager or otherwise, Seller shall (i) cause all tenants and other occupants of the Property Apartments to vacate same not later than Closing, (ii) deliver possession of the Property Apartments to Purchaser at Closing, in good condition, free and clear of the claims of any tenants or other existing tenancies, and not otherwise subject to the rights or claims of any third party, and (iii) indemnify and hold Purchaser harmless for, from and against any claims, causes of action, loss, cost or expense incurred by Purchaser with respect to the Property ApartmentsApartments for any period prior to the Closing Date. Seller's ’s obligations contained in this Section 5.8 expressly shall survive Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Strategic Storage Trust VI, Inc.)

Property Apartments. In the event the Property contains one or more apartments (collectively, the "Property Apartments", whether one or more), whether for the use of the property manager or otherwise, Seller shall (i) cause all tenants and other occupants of the Property Apartments to vacate same not later than Closing, (ii) deliver possession of the Property Apartments to Purchaser Buyer at Closing, in good condition, free and clear of the claims of any tenants or other existing tenancies, and not otherwise subject to the rights or claims of any third party, and (iii) indemnify and hold Purchaser Buyer harmless from and against any claims, causes of action, loss, cost or expense incurred by Purchaser Buyer with respect to the Property Apartments. Seller's ’s obligations contained in this Section 5.8 47 expressly shall survive Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Strategic Storage Trust II, Inc.)

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