Examples of Occupancy Agreements in a sentence
Possession of the Property shall be delivered to Purchaser at the Closing, subject to Permitted Title Exceptions and the rights of tenants, licensees and concessionaires under the Occupancy Agreements and guests in possession.
Assignee hereby assumes and agrees to perform all of the obligations of Seller under the Occupancy Agreements to the extent any such obligations accrue and are applicable to periods from and after the date hereof or which accrue prior to the date hereof for which Assignee received a credit on the closing statement of even date herewith between the parties (or pursuant to any post-closing adjustment thereof).
Subject to the waivers, acknowledgments, agreements, and releases by Seller in this Agreement, Purchaser shall defend and hold Seller harmless for any and all claims of third parties which are attributable to the Property and its operation and relate to any period from and after Closing, including, without limitation, liabilities for Taxes, employee liabilities, contractual defaults under the Operating Agreements, Occupancy Agreements and Leased Property Agreements, and injury to persons or property.
If any litigation between Seller and Assignee arises out of the obligations of the parties under this Assignment of Occupancy Agreements or concerning the meaning or interpretation of any provision contained herein, the losing party shall pay the prevailing party’s costs and expenses of such litigation including, without limitation, reasonable attorneys’ fees.
Except as disclosed in Schedule 3.8, there are no Occupancy Agreements in effect with respect to the Real Property or to which the Real Property is subject.