Sale Commissions. Seller and Purchaser represent and warrant each to the other that they have not dealt with any real estate broker, sales person or finder in connection with this transaction. If any claim is made for broker’s or finder’s fees or commissions in connection with the negotiation, execution or consummation of this Agreement or the transactions contemplated hereby, each party shall defend, indemnify and hold harmless the other party from and against any such claim based upon any statement, representation or agreement of such party.
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Morgans Hotel Group Co.)
Sale Commissions. Seller and Purchaser represent and warrant each to the other that they have not dealt with any real estate broker, sales person salesperson or finder in connection with this transaction, other than Broker. If any claim is made for broker’s or finder’s fees or commissions in connection with Seller shall pay the negotiation, execution or consummation of this Agreement or the transactions contemplated hereby, each commission owing to Broker upon Closing. Each party shall defend, agrees to defend and indemnify and hold harmless the other party from and against any claim, liability, damage or expense asserted against or suffered by such claim based upon other party arising out of the breach or inaccuracy of any statementof its representations, representation or agreement of such partywarranties and/or obligations under this Section 6.5.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Resource Real Estate Opportunity REIT II, Inc.)
Sale Commissions. Property Owner, Equity Seller and Purchaser represent and warrant each to the other that they have not dealt with any real estate broker, sales person or finder in connection with this transaction. If any claim is made for broker’s or finder’s fees or commissions in connection with the negotiation, execution or consummation of this Agreement Contract or the transactions contemplated hereby, each party shall defend, indemnify and hold harmless the other party from and against any such claim based upon any statement, representation or agreement of such party.. Article 7: Representations 7.1
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Cottonwood Multifamily Reit Ii, Inc.)
