Acknowledgments of Xxxxx at Closing Sample Clauses

Acknowledgments of Xxxxx at Closing. By closing on the transaction provided for in the Agreement, Xxxxx shall be deemed to have acknowledged and does acknowledge and admit that: (i) Xxxxx has been given the opportunity to adequately inspect the Property for all purposes prior to Closing; (ii) Xxxxx is aware that the Property has been used for the exploration, development, production, treating and transporting of oil and gas and that physical changes may have occurred as a result of such use and that Aera has disclosed, and Xxxxx is further aware, that there exists the possibility that there could have occurred from such use one or more releases of hazardous substances or releases of Chemical Substances [as defined in subsection 20(c)(3) below] into, or other pollution or contamination of or into, the ambient air, surface water, ground water, or land surface and subsurface strata of any real property included in the Property and of contiguous, or a series of contiguous, real properties not associated with the Property; (iii) Xxxxx has entered into this Agreement on the basis of its own investigation of the physical condition of the Property and the land related thereto (including the environmental condition of the Property); (iv) Xxxxx with full knowledge of the foregoing and after conducting the above described investigation and evaluation IS ACQUIRING THE PROPERTY ON A "WHERE IS" AND "AS IS" BASIS, and Xxxxx, by acquiring the Property on a "where is" and "as is" basis waives any other rights of indemnification, contribution or recourse it may have against or from Aera with respect to the condition of the Property, including, without limitation, the environmental condition of the Property and damage to natural resources associated with the Property; (v) Xxxxx shall further acknowledge that it has received from Aera prior to Closing a written notice pursuant to section 25359.7(a) of the California Health and Safety Code and that a copy of such written notice is attached hereto as Schedule "9(b)"; and (vi) Xxxxx shall further acknowledge that it has had the full opportunity to review and is aware of the matters with respect to the Property which are identified in Schedule "9(c)" attached hereto.
Sample 1
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Related to Acknowledgments of Xxxxx at Closing

  • Acknowledgments/Time to Consider Employee acknowledges and agrees that (a) Employee has read and understands the terms of this Separation Agreement; (b) Employee has been advised in writing to consult with an attorney before executing this Separation Agreement; (c) Employee has obtained and considered such legal counsel as Employee deems necessary; (d) Employee has been given twenty-one (21) days to consider whether or not to enter into this Separation Agreement (although Employee may elect not to use the full 21-day period at Employee’s option); and (e) by signing this Separation Agreement, Employee acknowledges that Employee does so freely, knowingly, and voluntarily.

  • Acknowledgments and Agreements (a) The Borrower acknowledges that on the date hereof all Obligations are payable without defense, offset, counterclaim or recoupment.

  • Acknowledgments and Stipulations Each Borrower acknowledges and stipulates that the Credit Agreement and the other Loan Documents executed by Borrowers are legal, valid and binding obligations of Borrowers that are enforceable against Borrowers in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby waived by each Borrower); and the security interests and liens granted by Borrowers in favor of Administrative Agent, for the benefit of itself and Lenders, are duly perfected, first priority security interests and liens to the extent provided therein.

  • Acknowledgements of Subscriber 5.1 The Subscriber acknowledges and agrees that:

  • Acknowledgements of Parties The parties to this Agreement hereby acknowledge that they are sophisticated business persons who were represented by counsel during the negotiations regarding the provisions hereof including, without limitation, the provisions of this Section 7, and are fully informed regarding said provisions. They further acknowledge that the provisions of this Section 7 fairly allocate the risks in light of the ability of the parties to investigate the Company and its business in order to assure that adequate disclosure is made in the Registration Statement and Prospectus as required by the Securities Act and the Exchange Act.

  • Actions at the Closing At the Closing:

  • Deliveries at the Closing At the Closing:

  • Documentation at Closing The Purchaser shall have received prior to or at the Closing all of the following documents or instruments, or evidence of completion thereof, each in form and substance satisfactory to the Purchaser:

  • Actions at Closing At the Closing, the following actions will take place:

  • Acknowledgments The Borrower hereby acknowledges that:

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