No Other Representations or Warranties (a) Subject to Section 10.7, except for the representations and warranties contained in this Agreement or the Related Agreements, no Seller nor any agent, Affiliate, officer, director, employee or representative of any Seller, nor any other Person, makes, or shall be deemed to make, any representation or warranty to Purchaser, express or implied, at law or in equity, on behalf of Sellers, and Sellers hereby exclude and disclaim any such representation or warranty whether by any Seller or any Seller's agents, Affiliates, officers, directors, employees or representatives or any other Person, notwithstanding the delivery or disclosure to Purchaser or any of its officers, directors, employees or representatives or any other Person of any documentation or other information by Sellers or any of their respective agents, Affiliates, officers, directors, employees or representatives or any other Person with respect to any one or more of the foregoing. Purchaser hereby agrees that notwithstanding any other provision of this Agreement to the contrary, Sellers are not making any representation as to the adequacy or sufficiency of any reserves for payment of benefits, losses, claims and expenses under all insurance policies and contracts. (b) Subject to Section 10.7, except for the representations and warranties contained in this Agreement or the Related Agreements, neither Purchaser nor any agent, Affiliate, officer, director, employee or representative of Purchaser, nor any other Person, makes, or shall be deemed to make, any representation or warranty to Sellers, express or implied, at law or in equity, on behalf of Purchaser, and Purchaser hereby excludes and disclaims any such representation or warranty whether by Purchaser or any of Purchaser's agents, Affiliates, officers, directors, employees or representatives or any other Person, notwithstanding the delivery or disclosure to Sellers any or any of their respective officers, directors, employees or representatives or any other Person of any documentation or other information by Purchaser or any of its respective agents, Affiliates, officers, directors, employees or representatives or any other Person with respect to any one or more of the foregoing. Sellers hereby agree that notwithstanding any other provision of this Agreement to the contrary, Purchaser is not making any representation as to the adequacy or sufficiency of any reserves for payment of benefits, losses, claims and expenses under all insurance policies and contracts. (c) Nothing contained in this Section 11.14 shall affect the Parties' rights under Section 2.3.
Disclaimer of Other Representations and Warranties PURCHASER ACKNOWLEDGES THAT PURCHASER HAS BEEN GIVEN THE OPPORTUNITY TO EXAMINE ALL ASPECTS OF THE PROPERTIES AND TO REVIEW ALL FILES CONCERNING THE PROPERTIES AND ITS ENVIRONMENTAL CONSULTANTS AND ALL STATE AGENCIES HAVING JURISDICTION OVER THE PROPERTIES BEFORE PURCHASER’S EXECUTION AND DELIVERY OF THIS AGREEMENT. EXCEPT AS OTHERWISE SET FORTH IN THIS AGREEMENT AND THE DESIGNATED SELLER DOCUMENTS, PURCHASER AGREES THAT THE PROPERTIES SHALL BE SOLD AND THAT PURCHASER SHALL ACCEPT THE PROPERTIES AT CLOSING STRICTLY ON AN “AS IS, WHERE IS, WITH ALL FAULTS” BASIS, WITH NO RIGHT OF SET-OFF OR REDUCTION IN THE SHARE PURCHASE PRICE EXCEPT FOR ADJUSTMENTS EXPRESSLY CONTEMPLATED BY THIS AGREEMENT AND THE DESIGNATED SELLER DOCUMENTS AND THAT, EXCEPT FOR SELLER’S LIMITED REPRESENTATIONS SET FORTH IN ARTICLE V HEREOF, THE SALE OF THE PROPERTIES AND OTHER TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT AND THE DESIGNATED SELLER DOCUMENTS SHALL BE WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTY OF INCOME POTENTIAL, OPERATING EXPENSES, USES, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, AND SELLER DOES HEREBY DISCLAIM AND RENOUNCE ANY SUCH REPRESENTATION OR WARRANTY.