Common use of Purchaser’s Indemnity Clause in Contracts

Purchaser’s Indemnity. Purchaser agrees to indemnify and hold Seller --------------------- harmless of and from all liabilities, losses, damages, costs, expenses (including reasonable attorneys' fees) which the Seller may suffer or incur by reason of any liability, debt, act or cause of action occurring and accruing on or subsequent to the Closing Date and arising from the ownership or operation of the Hotel by Purchaser subsequent to the Closing Date, including but not limited to any claims by employees of Purchaser or third parties covered by insurance carried by Purchaser.

Appears in 3 contracts

Samples: Hotel Purchase Agreement (American General Hospitality Corp), Hotel Purchase Agreement (American General Hospitality Corp), Hotel Purchase Agreement (American General Hospitality Corp)

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Purchaser’s Indemnity. The Purchaser agrees to indemnify and hold the Seller --------------------- harmless of and from any and all liabilities, lossesclaims, damagesdemands and expenses, costs, expenses (including reasonable attorneys' fees) which the Seller may suffer or incur by reason of any liability, debt, act kind or cause nature (except those items which by this Contract specifically remain the obligation of action occurring and the Seller) arising or accruing on or subsequent to the date of Closing Date and arising from the ownership which are in any way related to Purchaser's ownership, maintenance or operation of the Hotel by Purchaser subsequent to the Closing DateProperty, including but not limited to any claims by employees of Purchaser or third parties covered by insurance carried by Purchaserand all expenses related thereto, including, without limitation, court costs and attorneys' fees.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Education Realty Trust, Inc.)

Purchaser’s Indemnity. Purchaser agrees to indemnify and hold Seller --------------------- harmless of and from all liabilities, losses, damages, costs, expenses (including reasonable attorneys' fees) which the Seller may suffer or incur by reason of any liability, debt, act or cause of action occurring and accruing on or subsequent to the Closing Date and arising from the ownership or operation of the Hotel by Purchaser subsequent to the Closing Date, including but not limited to any claims by employees of Purchaser or third parties covered by insurance carried by Purchaser.

Appears in 1 contract

Samples: Hotel Purchase Agreement (American General Hospitality Corp)

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Purchaser’s Indemnity. Purchaser hereby indemnifies and agrees to indemnify and --------------------- hold Seller --------------------- harmless of and from all liabilities, losses, damages, costs, expenses (including reasonable reasonably attorneys' fees) which the Seller may suffer or incur by reason of any liability, debt, act or cause of action occurring and accruing on or subsequent to the Closing Date and arising from the ownership or operation of the Hotel by Purchaser subsequent to the Closing Date, including but not limited to any claims by employees of Purchaser or third parties covered by insurance carried by Purchaser.

Appears in 1 contract

Samples: Hotel Purchase Agreement (American General Hospitality Corp)

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