Common use of Responsibility for Violations Clause in Contracts

Responsibility for Violations. All notices of violations of laws, ordinances, or regulations ("Violations of Law"), which are received prior to the Closing from any governmental department, agency or bureau having jurisdiction as to conditions affecting the Property shall be remedied or complied with by Seller. If any such violations are subject to challenge or objection by Seller or are the obligation of any tenant under the terms of such tenant's lease, Buyer shall cooperate with Seller to defend such challenge and/or require tenant to cure the violation. Seller shall indemnify Buyer for the reasonable third party costs of such challenge incurred by Buyer, including reasonable attorney's fees. This obligation shall survive Closing on the part of both parties.

Appears in 1 contract

Sources: Real Estate Purchase and Sale Agreement (Ps Business Parks Inc/Ca)

Responsibility for Violations. All notices of violations of laws, ordinances, or regulations ("Violations of Law"), which are received prior to the Closing from any governmental department, agency or bureau having jurisdiction as to conditions affecting the Property shall be remedied or complied with by Seller. If any such violations are subject to challenge or objection by Seller or are the obligation of any tenant under the terms of such tenant's lease, Buyer shall cooperate with Seller to defend such challenge and/or require tenant to cure the such violation. Seller shall indemnify the Buyer for the reasonable third third-party costs cost of such challenge incurred by Buyer, including reasonable attorney's fees. This obligation These obligations shall survive Closing closing on the part of both parties.

Appears in 1 contract

Sources: Real Estate Purchase and Sale Agreement (Ps Business Parks Inc/Ca)

Responsibility for Violations. All notices of violations of laws, ordinances, or regulations ("Violations of Law"), which are received prior to the Closing from any governmental department, agency or bureau having jurisdiction as to conditions affecting the Property shall be remedied or complied with by Seller. If any such violations are subject to challenge or objection by Seller or are the obligation of any tenant under the terms of such tenant's lease, Buyer shall cooperate with Seller to defend such challenge and/or require tenant to cure the violation. Seller shall indemnify Buyer for the reasonable third third-party costs of such challenge incurred by Buyer, including reasonable attorney's fees. This obligation shall survive Closing on the part of both parties.

Appears in 1 contract

Sources: Real Estate Purchase and Sale Agreement (Ps Business Parks Inc/Ca)

Responsibility for Violations. All notices of violations of laws, ordinances, or regulations ("Violations of Law"), which are received prior to the Closing from any governmental department, agency or bureau having jurisdiction as to conditions affecting the Property shall be remedied or complied with by Seller. If any such violations are subject to challenge or objection by Seller or are the obligation of any tenant under the terms of such tenant's lease, Buyer shall cooperate with Seller to defend such challenge and/or require tenant to cure the violation. Seller shall indemnify Buyer for the reasonable third reasonable, actual third-party costs of such challenge incurred by Buyer, including reasonable attorney's attorney fees. This obligation shall survive Closing on the part of both parties.

Appears in 1 contract

Sources: Real Estate Purchase and Sale Agreement (Ps Business Parks Inc/Ca)