Common use of As-Is Certificate Clause in Contracts

As-Is Certificate. Reference is made to that certain As-Is Certificate and Agreement, bearing even date herewith, executed by Assignee [and others] for the benefit of Assignor (the “As-Is Certificate”), pursuant to which Assignee has (a) agreed to certain limitations on representations, warranties, and liabilities of Assignor; (b) waived and released certain rights and claims against Assignor and certain of its affiliates; and (c) agreed to assume the Assumed Liabilities (as defined in the As-Is Certificate). The As-Is Certificate is binding upon Assignee and its successors and assigns, including successor owners of any interest in the Leases.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Pacific Office Properties Trust, Inc.)

As-Is Certificate. Reference is made to that certain As-Is Certificate and Agreement, bearing even date herewith, executed by Assignee [and others] for the benefit of Assignor (the “As-Is Certificate”), pursuant to which Assignee has (a) agreed to certain limitations on representations, warranties, and liabilities of Assignor; (b) waived and released certain rights and claims against Assignor and certain of its affiliates; and (c) agreed to assume the Assumed Liabilities (as defined in the As-Is Certificate). The As-Is Certificate is binding upon Assignee and its successors and assigns, including successor owners of any interest in portion of the LeasesIntangible Property.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Pacific Office Properties Trust, Inc.)

As-Is Certificate. Reference is made to that certain As-Is Certificate and Agreement, bearing even date herewith, executed by Assignee [and others] for the benefit of Assignor (the “As-Is Certificate”), pursuant to which Assignee has (a) agreed to certain limitations on representations, warranties, and liabilities of Assignor; (b) waived and released certain rights and claims against Assignor and certain of its affiliates; and (c) agreed to assume the Assumed Liabilities (as defined in the As-Is Certificate). The As-Is Certificate is binding upon Assignee and its successors and assigns, including successor owners of any interest in the Leases.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Cogdell Spencer Inc.)

As-Is Certificate. Reference is made to that certain As-Is Certificate and Agreement, bearing even date herewith, executed by Assignee [and others] for the benefit of Assignor (the “As-Is Certificate”), pursuant to which Assignee has (a) agreed to certain limitations on representations, warranties, and liabilities of Assignor; (b) waived and released certain rights and claims against Assignor and certain of its affiliates; and (c) agreed to assume the Assumed Liabilities (as defined in the As-Is Certificate). The As-Is Certificate is binding upon Assignee and its successors and assigns, including successor owners of any interest in portion of the LeasesIntangible Property.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Cogdell Spencer Inc.)