Common use of By Assignor Clause in Contracts

By Assignor. Assignor does hereby agree to defend, indemnify, and hold Assignee harmless from and against any and all causes, claims, demands, losses, liabilities, costs, damages, expenses, and fees (including, but not limited to, reasonable attorneys’ fees) incurred or suffered by Assignee as a result of Assignor’s failure to perform, before the date of this Assignment, any or all of Assignor’s obligations (i) as landlord under the Operating Lease, (ii) as “Owner” under the Restaurant Sublease and (iii) as “Owner” under the Building Sublease, all in accordance with the terms and conditions of the Agreement.

Appears in 2 contracts

Sources: Purchase, Sale and Contribution Agreement, Purchase and Sale Agreement (MHI Hospitality CORP)