Allocation of Liability. It is expressly understood and agreed that the Seller shall be liable to third parties for, and shall indemnify, defend and hold harmless the Purchaser from and against, any and all obligations, claims, losses, damages, liabilities and expenses arising out of events, contractual obligations, acts, or omissions of the Seller that occurred in connection with the ownership or operation of, or conduct of business on, the Property prior to the Closing.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Five Star Senior Living Inc.), Purchase and Sale Agreement (Senior Housing Properties Trust)
Allocation of Liability. It is expressly understood and agreed that the Seller shall be liable to third parties for, and shall indemnify, defend and hold harmless the Purchaser from and against, any and all obligations, claims, losses, damages, liabilities and expenses arising out of events, contractual obligations, acts, or omissions of the Seller that occurred in connection with the ownership or operation of, or conduct of business on, the Property prior to the Closing.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Senior Housing Properties Trust), Purchase and Sale Agreement (Five Star Senior Living Inc.)
Allocation of Liability. It is expressly understood and agreed that the Seller Sellers shall be liable to third parties for, and shall indemnify, defend and hold harmless the Purchaser from and against, any and all obligations, claims, losses, damages, liabilities and expenses arising out of events, contractual obligations, acts, or omissions of the Seller Sellers that occurred in connection with the ownership or operation of, or conduct of business on, the Property Properties prior to the Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Senior Housing Properties Trust)
