Buyer’s Inspection Rights/Seller’s Indemnity Sample Clauses

Buyer’s Inspection Rights/Seller’s Indemnity. Notwithstanding anything in this Agreement to the contrary, neither (i) Buyer’s approval of or comment on any Permit Conditions, Preliminary Plans, Draft Final Plans, or Final Plans, nor (ii) Buyer’s inspection of the Property, including, without limitation, for purposes of identifying any Punch List Items shall constitute an inspection of compliance with Laws and all activities undertaken by Buyer are solely for Buyer’s benefit and Seller shall have no claim of any nature whatsoever against Buyer and hereby releases Buyer from any and all liability of any nature whatsoever arising out of any inspections undertaken by Buyer, any review of the Plans and Specifications, any review or approval of Seller’s Architect, the General Contractor, any agreement with Seller’s Architect or the General Contractor, any approval of any Major Subcontractor or any approval of any Construction Schedule Change Orders, or any other matter of any nature whatsoever in connection with the construction of the improvements. Seller shall be solely responsible for ensuring that the Property and the construction of all Improvements and Off-Site Improvements comply with all Laws. Without limiting the generality of the foregoing, Seller hereby agrees to indemnify Buyer against any liability of Buyer to Seller, any governmental entity or any other third party in connection with the approvals undertaken by Buyer pursuant to (g)(i) or (g)(ii) above, which indemnity obligation shall survive the Closing. Seller shall reasonably cooperate with, and schedule and attend weekly progress meetings, walk-throughs and any other meetings with, Seller’s Architect, the General Contractor, Buyer and Buyer’s architect and construction consultants to discuss the progress of the construction of the Improvements and Off-Site Improvements. Seller shall provide Buyer and Buyer’s consultants with such information relating to the construction of the Improvements and Off-Site Improvements as may be reasonably requested by Buyer from time to time. Seller shall give Buyer at least two (2) Business Days prior notice (written or telephonic) of any regularly scheduled meetings with, Seller’s Architect, the General Contractor or any in-person or telephonic meetings between Seller, Seller’s Architect or the General Contractor and any governmental authority concerning the Improvements, Off-Site Improvements, Permit, or any other element of the Plans. Buyer and Buyer’s representatives shall have the right to accompany Se...
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Related to Buyer’s Inspection Rights/Seller’s Indemnity

  • Buyer’s Indemnity Buyer shall indemnify, defend and hold Seller harmless from any claim, demand, loss, liability, damage, or expense (including reasonable attorneys' fees), due to Buyers operation of the Property from and after Closing. The indemnification obligations of Buyer shall be repeated at and shall survive the Closing.

  • Seller’s Indemnity Seller shall indemnify, defend and hold Buyer harmless from any claim, demand, loss, liability, damage, or expense (including reasonable attorneys' fees) in connection with third-party claims for injury or damage to personal property in connection with the ownership or operation of the Properties prior to Closing. These indemnification obligations of Seller shall be repeated at and shall survive the Closing.

  • Seller’s Indemnification of Buyer Seller assumes all risk, liability, obligation and Losses in connection with, and shall defend, indemnify, and save and hold harmless Buyer, its officers, directors, employees and agents, from and against all Losses which arise directly or indirectly from or in connection with (i) the Retained Liabilities, (ii) any matter for which Seller has agreed to indemnify Buyer under this Agreement and (iii) any breach by Seller of any of Seller’s representations, warranties or covenants hereunder.

  • Purchaser’s Indemnity Each of the Purchasers participating in registration hereunder will indemnify and hold harmless BVR, any underwriter of BVR and each person, if any, who controls BVR or such underwriter, from and against any and all losses, damages, claims, liabilities, costs or expenses (including any amounts paid in any settlement effected with the selling shareholder’s consent) to which BVR, any such underwriter or any such controlling person may become subject under applicable law or otherwise, insofar as such losses, damages, claims, liabilities (or actions or proceedings in respect thereof), costs or expenses arise out of or are based on (i) any untrue statement of any material fact contained in the Registration Statement or included in the prospectus, as amended or supplemented, or (ii) the omission to state therein a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances in which they were made, not misleading, and each such Purchaser will reimburse BVR, any such underwriter and each such controlling person of BVR or any such underwriter, promptly upon demand, for any reasonable legal or other expenses incurred by them in connection with investigating, preparing to defend or defending against or appearing as a third-party witness in connection with such loss, claim, damage, liability, action or proceeding; in each case to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Purchaser to BVR specifically for inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by BVR for use in the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information related to such Purchaser or such Purchaser’s proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Purchaser expressly for use in the Registration Statement, such Prospectus or such form of prospectus; provided, however, that the indemnity agreement contained in this Section 5.8.2 shall not apply to amounts paid in settlement of any losses if such settlement is effected without the prior written consent of such Purchaser. In no event shall the liability of any selling Purchaser hereunder be greater in amount than the dollar amount of the net proceeds received by such Purchaser upon the sale of the Registrable Securities giving rise to such indemnification obligation. .

  • Buyer’s Indemnification of Seller Buyer assumes all risk, liability, obligation and Losses in connection with, and shall defend, indemnify, and save and hold harmless Seller, its members, officers, directors, employees and agents, from and against all Losses which arise from or in connection with (i) the Assumed Liabilities, (ii) any matter for which Buyer has agreed to indemnify Seller under this Agreement, and (iii) any breach by Buyer of its representations, warranties or covenants under this Agreement.

  • Buyer’s Indemnification Buyer agrees to defend, indemnify and hold harmless Seller from and against:

  • Purchaser’s Indemnification Purchaser agrees to indemnify, hold harmless, reimburse and defend the Company and each of the Company's officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claim, cost, expense, liability, obligation, loss or damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which results, arises out of or is based upon: (i) any misrepresentation by Purchaser or breach of any warranty by Purchaser in this Agreement or in any exhibits or schedules attached hereto or any Related Agreement; or (ii) any breach or default in performance by Purchaser of any covenant or undertaking to be performed by Purchaser hereunder, or any other agreement entered into by the Company and Purchaser relating hereto.

  • Seller’s Indemnification Seller hereby agrees to indemnify, defend, and hold Purchaser and its assigns, directors, members, managers, partners, officers, and authorized representatives harmless from and against any and all claims, liabilities, obligations, costs, taxes, fees, wages, financial obligations, and expenses of every kind, including reasonable attorney fees, whether known or unknown, arising out of or related to:

  • Seller’s Indemnities The Seller will, except in the case of gross negligence or wilful misconduct of the Buyer, its directors, officers, agents and/or employees, be solely liable for and will indemnify and hold the Buyer, its Affiliates and each of their respective directors, officers, agents, employees and insurers harmless against all losses, liabilities, claims, damages, costs and expenses, including court costs and reasonable attorneys’ fees (“Losses”), arising from:

  • Buyer's Closing Obligations At the Closing, Buyer shall:

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