Common use of AS-IS Sale and Purchase Clause in Contracts

AS-IS Sale and Purchase. Buyer acknowledges, by its initials as set forth below, that the provisions of this Section 10 have been required by Seller as a material inducement to enter into the contemplated transactions, and the intent and effect of such provisions have been explained to Buyer by Buyer’s counsel and have been understood and agreed to by Buyer.

Appears in 5 contracts

Samples: Terms of Agreement (City Office REIT, Inc.), Terms of Agreement (City Office REIT, Inc.), Form of Agreement (City Office REIT, Inc.)

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AS-IS Sale and Purchase. Buyer acknowledges, by its initials as set forth below, that the provisions of this Section 10 have been required by Seller as a material inducement to enter into the contemplated transactions, and the intent and effect of such provisions have been explained to Buyer by Buyer’s 's counsel and have been understood and agreed to by Buyer.

Appears in 4 contracts

Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (NetApp, Inc.), Agreement of Purchase and Sale and Joint Escrow Instructions (Flexsteel Industries Inc), Agreement of Purchase and Sale and Joint Escrow Instructions (NetApp, Inc.)

AS-IS Sale and Purchase. Buyer acknowledges, by its initials as set forth below, that the provisions of this Section 10 8 have been required by Seller Sellers as a material inducement to enter into the contemplated transactions, and the intent and effect of such provisions have been explained to Buyer by Buyer’s counsel and have been understood and agreed to by Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (NorthStar Healthcare Income, Inc.)

AS-IS Sale and Purchase. Buyer acknowledges, by its initials as set forth below, that the provisions of this Section 10 have been required by Seller as a material inducement to enter into the contemplated transactions, and the intent and effect of such provisions have been explained to Buyer by Buyer’s Xxxxx's counsel and have been understood and agreed to by BuyerXxxxx.

Appears in 1 contract

Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (American Assets Trust, L.P.)

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AS-IS Sale and Purchase. Buyer acknowledges, by By its initials as set forth below, that the provisions of Buyer acknowledges this Section 10 have has been required by Seller as a material inducement to enter into the contemplated transactions, and the intent and effect of such provisions have this Section has been explained to Buyer by Buyer’s counsel and have been is understood and agreed to by Buyer.

Appears in 1 contract

Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (Invesco Real Estate Income Trust Inc.)

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