Common use of Access Monitoring Clause in Contracts

Access Monitoring. The Association may maintain or support certain activities in the Condominium designed to make the area safer than it otherwise might be, but the Association is not obligated to do so. Neither Seller, the Association nor any other common interest association or any predecessor, successor or any of them, or any of their affiliates, consultants, employees, officers, directors, agents, contractors or subcontractors, or their respective affiliates (collectively, the “Companies”) (a) shall be held liable for any loss or damage because of a failure to provide adequate security or because of the ineffectiveness of security measures undertaken, (b) represents or warrants that any fire protection system, burglar alarm system or other security system designed by or installed according to guidelines established by any of them cannot be compromised or circumvented, or will prevent loss by fire, smoke, burglary, theft, hold-up, assault, or otherwise, or in all cases will provide the detection or protection for which the system is designed or intended or (c) makes any other representation or warranty, expressed or implied, including any warranty of merchantability or fitness for any particular purpose, relative to any fire, burglar or other security system. Purchaser, on behalf of Purchaser and all tenants, guests and other invitees of Purchaser, acknowledges and agrees that the Companies are not insurers and each purchaser, occupant and invitee of any unit in the Condominium assumes all risks for loss or damage to persons, the Unit, contents of Unit or other property owned by any of them which might or could have been prevented by any device or system referred to in this Section 21, or its proper functioning. The provisions of this Section 21 will survive the Closing.

Appears in 6 contracts

Samples: Wharf, a Condominium Purchase Agreement, Wharf, a Condominium Purchase Agreement, Wharf, a Condominium Purchase Agreement

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Access Monitoring. The Condominium Association may maintain or support certain activities in the Condominium designed to make the area safer than it otherwise might be, but the Condominium Association is not obligated to do so. Neither Seller, the Condominium Association nor any other common interest association community organization or any predecessor, successor or any of them, or any of their affiliates, consultants, employees, officers, directors, agents, contractors or subcontractors, or their respective affiliates (collectively, the “Companies”) (a) shall be held liable for any loss or damage because of a failure to provide adequate security or because of the ineffectiveness of security measures undertaken, (b) represents or warrants that any fire protection system, burglar alarm system or other security system designed by or installed according to guidelines established by any of them cannot be compromised or circumvented, or will prevent loss by fire, smoke, burglary, theft, hold-up, assault, or otherwise, or in all cases will provide the detection or protection for which the system is designed or intended or (c) makes any other representation or warranty, expressed or implied, including any warranty of merchantability or fitness for any particular purpose, relative to any fire, burglar or other security system. Purchaser, on behalf of Purchaser and all tenants, guests and other invitees of Purchaser, acknowledges and agrees that the Companies are not insurers and each purchaser, occupant and invitee of any unit in the Condominium assumes all risks for loss or damage to persons, the Unit, contents of Unit or other property owned by any of them which might or could have been prevented by any device or system referred to in this Section 21Section, or its proper functioning. The provisions of this Section 21 will survive the Closing.

Appears in 1 contract

Samples: Residence Purchase Contract

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