Owner Obligations. The liability of Owner hereunder shall be joint and several with Seller. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Owner jointly and severally undertakes to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Owner shall be jointly and severally liable with Seller for the indemnities set forth in Article 11 of the Master Agreement.
Owner Obligations. Owner agrees to indemnify and hold harmless each and all of Manager and its Affiliates, and their respective shareholders, officers, directors, agents, employees, representatives, successors and permitted assignees (collectively, “Manager Indemnified Parties”) from and against any and all third party claims, actions, suits, damages, judgments, expenses, losses or liabilities, including, without limitation, reasonable attorneys’ fees and other out-of-pocket expenses incurred in defending against the same (collectively, “Claims or Losses”) which may be incurred or suffered by or asserted against any Manager Indemnified Party and which arise from or relate to the Owner Containers or any services rendered or to be rendered by Manager to or on behalf of Owner pursuant to the terms of this Agreement; provided however that the foregoing indemnity shall not apply to any Claims or Losses to the extent caused by, or arising from, the gross negligence or willful misconduct of any Manager Indemnified Party.
Owner Obligations. From and after the Effective Date, Owner agrees to: (a) cooperate fully with Sponsoring Broker and the Designated Agent with regard to the leasing of the Property; (b) refer all leasing or purchasing inquiries to Sponsoring Broker and the Designated Agent; (c) allow inspection of the Property and entry by Sponsoring Broker, the Designated Agent and/or cooperating brokers (whether alone or accompanied by Sponsoring Broker or Designated Agent) for the purpose of showing the Property to prospective tenants; (d) conduct all negotiations regarding the Property through Sponsoring Broker or Designated Agent; (e) pay Sponsoring Broker the Rental Commission or Property Sale Commission, as applicable, pursuant to the terms of this Agreement; and (f) pay Sponsoring Broker on demand for broker’s out of pocket advertising and marketing costs in the amount of $ .
Owner Obligations. Notwithstanding its control of a defense of any Third Party claim, Owner shall not (i) make any admission or take any other action that is binding on, or otherwise attributable to any Indemnified Person; and/or (ii) consent to any settlement, entry of judgment or other disposition, in any or all instances without the prior written consent of the affected Indemnified Person(s).
Owner Obligations. Owner shall cause to be placed and kept in force all forms of insurance as Owner deems prudent and reasonable given the nature of the Property. All insurance coverage shall be placed with such companies, in such amounts, and with such beneficial interests appearing therein as Owner deems prudent and reasonable given the nature of the Property. Owner shall procure appropriate clauses in, or endorsements on, all of the policies whereby the insurer names Property Manager as an additional insured, and the insurer waives subrogation and agrees to not terminate any such policy or reduce coverage or amount without giving Owner at least thirty (30) days prior written notice.
Owner Obligations. Owner will complete paperwork reasonably necessary to convey custodial possession of the item of Property to PRC, including a written manifest or list that describes the item of Property in sufficient detail for identification. Owner agrees that it will not provide Property that is illegal or hazardous, including but not limited to explosives, firearms, counterfeit or unauthorized copyrighted material ("knock-offs"), poisons or pharmaceuticals. In addition, to help comply with public notification statutes as well as to support internet traffic flow to the PRC auction website,
Owner Obligations. The Owner hereby undertakes to cause the Vertex Parties to perform all of their obligations under this Agreement and the Ancillary Agreements, including, without limitation, sale and transfer of the Seller's right, title and interest in the Business Assets and performance of any indemnification obligations of the Seller to the Buyer. To the extent that any Vertex Party fails to perform or discharge any of such obligations, the Owner acknowledges and agrees that it shall do so and that its obligation to do so shall be joint and several with the original Vertex Party to such obligation.