Inspections in General. During the Due Diligence Period, HSRE, its agents, and employees shall have the right to enter upon the Property for the purpose of making non-invasive inspections at HSRE’s sole risk, cost and expense. Before any such entry, HSRE shall provide Extra Space with a certificate of insurance naming Extra Space as an additional insured and with an insurer and insurance limits and coverage reasonably satisfactory to Extra Space. All such entries upon the Property shall be at reasonable times during normal business hours and after at least 24 hours prior notice to Extra Space or Extra Space’s agent, and Extra Space or Extra Space’s agent shall have the right to accompany HSRE during any inspection activities performed by HSRE on the Property. HSRE shall not disturb the tenants on the Property, and HSRE’s inspection shall be subject to the rights of tenants under the Leases. During the Due Diligence Period, Extra Space shall provide to HSRE, from time to time at the request of HSRE, copies of current reports and information with respect to the Facilities which are available from the Center Shift property management system (“Center Shift”). If any inspection or test disturbs the Property, HSRE will restore the Property to the same condition as existed before the inspection or test. HSRE shall indemnify, defend and hold harmless Extra Space and Extra Space’s partners and their respective shareholders, directors, officers, affiliates, tenants, agents, contractors, employees, successors and assigns (“Extra Space Related Parties”) and the Property from and against any and all losses, costs, damages, claims, or liabilities, including reasonable attorneys’ fees, arising out of or in connection with any entry or inspections performed by HSRE, its agents or representatives. The provisions of this Section 8.2.1 shall survive the Closing or any termination of this Agreement.
Appears in 2 contracts
Sources: Contribution Agreement (Extra Space Storage Inc.), Contribution Agreement (Extra Space Storage Inc.)