Common use of 8No Outside Reliance Clause in Contracts

8No Outside Reliance. Notwithstanding anything contained in this Agreement or the Closing Documents to the contrary, Operating Partnership acknowledges and agrees that the Contributor has not made, and is not making, any representation or warranty whatsoever, express or implied, beyond those expressly given in this Agreement, including any implied warranty or representation as to condition, merchantability, suitability or fitness for a particular purpose or trade as to any of the Contributed Assets. Except as otherwise expressly set forth in this Agreement, the Operating Partnership understands and agrees that any and all Contributed Assets are furnished “as is”, “where is” and, subject only to the representations and warranties contained in this Agreement or any Closing Document, with all faults and without any other representation or warranty of any nature whatsoever.

Appears in 3 contracts

Samples: Contribution Agreement (Lodging Fund REIT III, Inc.), Contribution Agreement (Lodging Fund REIT III, Inc.), Contribution Agreement (Lodging Fund REIT III, Inc.)

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8No Outside Reliance. Notwithstanding anything contained in this Agreement or the Closing Documents to the contrary, Operating Partnership acknowledges and agrees that the Contributor has not made, and is not making, any representation or warranty whatsoever, express or implied, beyond those expressly given in this Agreement, including any implied warranty or representation as to condition, merchantability, suitability or fitness for a particular purpose or trade as to any of the Contributed Assets. Except as otherwise expressly set forth in this Agreement, the Operating Partnership understands and agrees that any and all Contributed Assets are furnished “as is”, “where is” and, subject only to the representations and warranties contained in this Agreement or any Closing Document, with all faults and without any other representation or warranty of any nature whatsoever.. ​

Appears in 1 contract

Samples: Contribution Agreement (Lodging Fund REIT III, Inc.)

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