Purchaser’s Agreement to Indemnify. Purchaser indemnifies and holds Seller and Asset Manager harmless from and against any and all liens, claims, causes of action, damages, liabilities and expenses (including reasonable attorneys' fees) caused by Purchaser's inspections or tests permitted under this Agreement or any violation of the provisions of Sections 4.3, 4.7 and 4.9; provided, however, the indemnity shall not extend to protect Seller from any pre-existing liabilities for matters merely discovered by Purchaser (i.e., latent environmental contamination) so long as Purchaser's actions do not aggravate any pre-existing liability of Seller. Purchaser's obligations under this Section 4.10 shall survive the termination of this Agreement and shall survive the Closing.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Berkshire Income Realty Inc), Purchase and Sale Agreement (Berkshire Income Realty Inc)
Purchaser’s Agreement to Indemnify. Purchaser indemnifies hereby agrees to indemnify, defend and holds hold Seller and Asset Manager harmless from and against any and all liens, claims, causes of action, damages, liabilities and expenses (including reasonable attorneys' ’ fees) caused by arising out of Purchaser's ’s inspections or tests permitted under this Agreement or any violation of the provisions of Sections 4.34.2, 4.7 and 4.9; provided, however, the indemnity shall not extend to protect Seller from any pre-existing liabilities for matters merely discovered by Purchaser (i.e., latent environmental contamination) so long as Purchaser's ’s actions do not aggravate any pre-existing liability of Seller. Purchaser's ’s obligations under this Section 4.10 shall survive the termination of this Agreement and shall survive the Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Purchaser’s Agreement to Indemnify. Purchaser indemnifies hereby agrees to indemnify, defend and holds hold Seller and Asset Manager harmless from and against any and all liens, claims, causes of action, damages, liabilities and expenses (including reasonable attorneys' ’ fees) caused by arising out of Purchaser's ’s inspections or tests permitted under this Agreement or any violation of the provisions of Sections 4.3, 4.7 4.7, and 4.9; provided, however, the indemnity shall not extend to protect Seller from any pre-existing liabilities for matters merely discovered by Purchaser (i.e., latent environmental contamination) so long as Purchaser's ’s actions do not aggravate any pre-existing liability of Seller. Purchaser's ’s obligations under this Section 4.10 shall survive the termination of this Agreement and shall survive the Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Lighting Science Group Corp)
Purchaser’s Agreement to Indemnify. Purchaser indemnifies hereby agrees to indemnify, defend and holds hold Seller and Asset Manager harmless from and against any and all liens, claims, causes of action, damages, liabilities and expenses (including reasonable attorneys' ’ fees) caused by arising out of Purchaser's ’s inspections or tests permitted under this Agreement or any violation of the provisions of Sections Section 4.3, Section 4.7 and Section 4.9; provided, however, the indemnity shall not extend to protect Seller from (a) any pre-existing liabilities for matters merely discovered by Purchaser (i.e., latent environmental contamination) so long as Purchaser's ’s actions do not aggravate any pre-existing liability of SellerSeller or (b) the consequences of any act or omission on the part of Seller or any of its agents, contractors, representatives or employees. Purchaser's ’s obligations under this Section 4.10 shall survive the termination of this Agreement and shall survive the Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Strategic Storage Growth Trust, Inc.)
Purchaser’s Agreement to Indemnify. Purchaser indemnifies hereby agrees to indemnify, defend and holds hold Seller and Asset Manager harmless from and against any and all liens, claims, causes of action, damages, liabilities and expenses (including reasonable attorneys' fees) caused by arising out of Purchaser's inspections or tests permitted under this Agreement or any violation of the provisions of Sections 4.34.2, 4.7 4.6 and 4.94.8; provided, however, the indemnity shall not extend to protect Seller from any pre-existing liabilities for matters merely discovered by Purchaser (i.e., latent environmental contamination) so long as Purchaser's actions do not aggravate any pre-existing liability of Seller. Purchaser's obligations under this Section 4.10 4.9 shall survive the termination of this Agreement and shall survive the Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Carrington Laboratories Inc /Tx/)
Purchaser’s Agreement to Indemnify. Purchaser indemnifies hereby agrees to indemnify, defend and holds hold each Seller and Asset Manager each Company harmless from and against any and all liens, claims, causes of action, damages, liabilities and expenses (including reasonable attorneys' ’ fees) (collectively, “Losses”) caused by Purchaser's the inspections or tests permitted under this Agreement or any violation of the provisions of Sections 4.3, 4.7 and 4.9made by Purchaser; provided, however, the foregoing indemnity shall not extend to protect any Seller or any Company from any pre-existing pre‑existing liabilities for matters merely discovered by Purchaser (i.e.e.g., latent environmental contamination) so long as Purchaser's actions do Purchaser does not aggravate exacerbate any pre-existing liability of Sellersuch discovered conditions, and in no event shall Purchaser be liable for any consequential, punitive or special damages. Purchaser's ’s obligations under this Section 4.10 4.6 shall survive the termination of this Agreement and shall survive the Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Easterly Government Properties, Inc.)
Purchaser’s Agreement to Indemnify. Purchaser indemnifies hereby agrees to indemnify, defend and holds Seller and Asset Manager hold Sellers harmless from and against any and all liens, claims, causes of action, damages, liabilities and expenses (including reasonable attorneys' fees) caused by arising out of Purchaser's inspections or tests permitted under this Agreement or any violation of the provisions of Sections Section 4.3, Section 4.7 and Section 4.9; provided, however, the indemnity shall not extend to protect Seller Sellers from (a) any pre-existing liabilities for matters merely discovered by Purchaser (i.e., latent environmental contamination) so long as Purchaser's actions do not aggravate any pre-existing liability of SellerSellers or (b) the consequences of any act or omission on the part of Sellers or any of their agents, contractors, representatives or employees. Purchaser's obligations under this Section 4.10 shall survive the termination of this Agreement and shall survive the Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Strategic Storage Trust IV, Inc.)
Purchaser’s Agreement to Indemnify. Purchaser indemnifies hereby agrees to indemnify, defend and holds hold Seller and Asset Manager harmless from and against any and all liens, claims, causes of action, damages, liabilities and expenses (including reasonable attorneys' ’ fees) caused by arising out of Purchaser's ’s inspections or tests permitted under this Agreement or any violation of the provisions of Sections 4.3, 4.7 and 4.9Agreement; provided, however, the indemnity shall not extend to protect Seller from any pre-existing liabilities for matters merely discovered by Purchaser (i.e., latent environmental contamination) so long as Purchaser's ’s intentional or negligent actions do not aggravate any pre-existing liability of Seller. Purchaser's ’s obligations under this Section 4.10 4.5 shall survive the termination of this Agreement and shall survive the Closing.
Appears in 1 contract
Purchaser’s Agreement to Indemnify. Purchaser indemnifies hereby agrees to indemnify, defend and holds hold Seller and Asset Manager harmless from and against any and all liens, claims, causes of action, damages, liabilities and expenses (including reasonable attorneys' ’ fees) caused by arising out of Purchaser's ’s inspections or tests permitted under this Agreement or any violation of the provisions of Sections 4.3, 4.7 and 4.9Agreement; provided, however, the indemnity shall not extend to protect Seller from any pre-pre- existing liabilities for matters merely discovered by Purchaser (i.e., latent environmental contamination) so long as Purchaser's ’s intentional or negligent actions do not aggravate any pre-existing liability of Seller. Purchaser's ’s obligations under this Section 4.10 4.5 shall survive the termination of this Agreement and shall survive the Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Star Equity Holdings, Inc.)