Common use of Purchaser’s Inspection of Property Clause in Contracts

Purchaser’s Inspection of Property. (a) Seller acknowledges and agrees that, prior to Closing, Purchaser may conduct further inspections, testing, investigation and surveying in the Building, subject to and in accordance with the further provisions of this Agreement. If Purchaser shall hereafter inspect, test, investigate or survey any of the Twentieth Floor Unit, the Limited Common Elements appurtenant thereto or the General Common Elements, Purchaser shall restore such portion of the Property to its condition existing immediately prior to Purchaser’s inspection, testing, investigation or survey thereof. Purchaser shall be liable for all damage or injury to any person or property (including other portions of the Property) resulting from, relating to or arising out of any such inspection, testing, investigation or survey, whether occasioned by the acts of Purchaser or any of its employees, agents, shareholders, directors, partners, members, consultants, engineers, inspectors, representatives or contractors (collectively “Purchaser’s Representatives”), and Purchaser shall promptly satisfy any lien that may arise or be filed against Seller or the Property in connection with any such inspection, testing, investigation or survey. Purchaser shall indemnify, defend and hold harmless Seller and its agents, employees, officers, directors, affiliates, advisors and asset managers from any liability resulting from any such inspection, testing, investigation or survey and any lien filed against Seller or the Property in connection therewith. This indemnification by Purchaser shall survive the Closing or the termination of this Agreement.

Appears in 1 contract

Samples: Contract of Sale

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Purchaser’s Inspection of Property. (a) Seller acknowledges and agrees that, Section 9.04. If prior to Closing, Purchaser may conduct further inspections, testing, investigation and surveying in the Building, subject to and in accordance with the further provisions of this Agreement. If Closing Purchaser shall hereafter inspect, test, investigate or survey any of the Twentieth Floor Unit, the Limited Common Elements appurtenant thereto or the General Common Elements, Purchaser shall restore such portion of the Property to its condition existing immediately prior to Purchaser’s 's inspection, testing, investigation or and survey thereof. Purchaser shall be liable for all damage or injury to any person or property (including other portions of the Property) resulting from, relating to from or arising out of any such inspection, testing, investigation or survey, whether occasioned by the acts of Purchaser or any of its employees, agents, shareholders, directors, partners, members, consultants, engineers, inspectors, representatives or contractors (collectively “collectively, "Purchaser’s 's Representatives"), and Purchaser shall promptly satisfy any lien that may arise or be filed against Seller or the Property in connection with any such inspection, testing, investigation or survey. Purchaser shall indemnify, defend and hold harmless Seller and its agents, employees, officers, directors, affiliates, advisors and asset managers from any liability resulting from any such inspection, testing, investigation or survey and any lien filed against Seller or the Property in connection therewithas a result thereof. This indemnification by Purchaser shall survive the Closing or the termination of this Agreement.

Appears in 1 contract

Samples: Contract of Sale

Purchaser’s Inspection of Property. (a) Seller acknowledges and agrees that, prior to Closing, Purchaser may conduct further inspections, testing, investigation and surveying in the Building, subject to and in accordance with the further provisions of this Agreement. If Purchaser shall hereafter inspect, test, investigate or survey any of the Twentieth Third Floor Unit, the Limited Common Elements appurtenant thereto or the General Common Elements, Purchaser shall restore such portion of the Property to its condition existing immediately prior to Purchaser’s inspection, testing, investigation or survey thereof. Purchaser shall be liable for all damage or injury to any person or property (including other portions of the Property) resulting from, relating to or arising out of any such inspection, testing, investigation or survey, whether occasioned by the acts of Purchaser or any of its employees, agents, shareholders, directors, partners, members, consultants, engineers, inspectors, representatives or contractors (collectively “Purchaser’s Representatives”), and Purchaser shall promptly satisfy any lien that may arise or be filed against Seller or the Property in connection with any such inspection, testing, investigation or survey. Purchaser shall indemnify, defend and hold harmless Seller and its agents, employees, officers, directors, affiliates, advisors and asset managers from any liability resulting from any such inspection, testing, investigation or survey and any lien filed against Seller or the Property in connection therewith. This indemnification by Purchaser shall survive the Closing or the termination of this Agreement.

Appears in 1 contract

Samples: Contract of Sale

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Purchaser’s Inspection of Property. (a) Seller acknowledges and agrees that, prior to Closing, Purchaser may conduct further inspections, testing, investigation and surveying in the Building, subject to and in accordance with the further provisions of this Agreement. If Purchaser shall hereafter inspect, test, investigate or survey any of the Twentieth Twenty First Floor Unit, the Limited Common Elements appurtenant thereto or the General Common Elements, Purchaser shall restore such portion of the Property to its condition existing immediately prior to Purchaser’s inspection, testing, investigation or survey thereof. Purchaser shall be liable for all damage or injury to any person or property (including other portions of the Property) resulting from, relating to or arising out of any such inspection, testing, investigation or survey, whether occasioned by the acts of Purchaser or any of its employees, agents, shareholders, directors, partners, members, consultants, engineers, inspectors, representatives or contractors (collectively “Purchaser’s Representatives”), and Purchaser shall promptly satisfy any lien that may arise or be filed against Seller or the Property in connection with any such inspection, testing, investigation or survey. Purchaser shall indemnify, defend and hold harmless Seller and its agents, employees, officers, directors, affiliates, advisors and asset managers from any liability resulting from any such inspection, testing, investigation or survey and any lien filed against Seller or the Property in connection therewith. This indemnification by Purchaser shall survive the Closing or the termination of this Agreement.

Appears in 1 contract

Samples: Contract of Sale

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