Common use of As-Is Condition Clause in Contracts

As-Is Condition. Tenant acknowledges and agrees that Tenant accepts each Property Location in “AS-IS, WHERE-IS” condition and agrees that Landlord makes no representation or warranty as to the condition thereof. Tenant further acknowledges and agrees that, prior to the Commencement Date, Tenant or an affiliate of Tenant has been in sole and exclusive possession and control of each Property Location.

Appears in 3 contracts

Samples: Master Lease (Spirit Finance Corp), Lease Agreement (Spirit Finance Corp), Stock Purchase Agreement (Spirit Finance Corp)

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As-Is Condition. Tenant acknowledges and agrees that Tenant accepts each Property Location in “AS-IS, WHERE-IS” condition and agrees that Landlord makes no representation or warranty as to the condition thereof. thereof Tenant further acknowledges and agrees that, prior to the Commencement Date, Tenant or an affiliate of Tenant has been was in sole and exclusive possession and control of each Property Location.

Appears in 2 contracts

Samples: Master Lease (Spirit MTA REIT), Master Lease (Spirit Realty Capital, Inc.)

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As-Is Condition. Tenant Xxxxxx acknowledges and agrees that Tenant Xxxxxx accepts each Property Location in “AS-IS, WHERE-IS” condition and agrees that Landlord makes no representation or warranty as to the condition thereof. Tenant further acknowledges and agrees that, prior to the Commencement Date, Tenant or an affiliate of Tenant has been in sole and exclusive possession and control of each Property Location.

Appears in 1 contract

Samples: Master Lease (Spirit Finance Corp)

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