Common use of Restoration; Indemnification Clause in Contracts

Restoration; Indemnification. Buyer covenants and agrees not to damage or destroy any portion of the Property in conducting its examinations and studies of the Property during the Due Diligence Examination and, if closing does not occur, shall repair any portion of the Property damaged by the conduct of Buyer, its agents or employees, to substantially the condition such portion(s) of the Property were in immediately prior to such examinations or studies. Buyer shall indemnify and hold Seller harmless for and from all costs, claims, damages, or liability of any kind resulting from all acts or omissions of Buyer, its contractors, employees, or agents arising out of or relating to the exercise of the right of entry set forth in Section 3.2. The provisions of this Section 3.3 shall survive the expiration or termination of this Contract or the Closing.

Appears in 10 contracts

Samples: Purchase Contract (Apple REIT Ten, Inc.), Escrow Agreement (Apple REIT Ten, Inc.), Purchase Contract (Apple REIT Ten, Inc.)

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