Common use of Assets Acquired On Clause in Contracts

Assets Acquired On. “As Is” Basis By Closing, and notwithstanding the foregoing provisions of this Article, the Purchaser acknowledges that it is acquiring the Assets on an “as is” basis. The Purchaser acknowledges that it is familiar with the condition of the Assets, including the past and present use of the Lands and the Tangibles, that the Vendor has provided the Purchaser with a reasonable opportunity to inspect the Assets and the Title and Operating Documents at the sole cost, risk and expense of the Purchaser (insofar as the Vendor could reasonably provide such access) and that the Purchaser is not relying upon any representation or warranty of the Vendor as to the condition, environmental or otherwise, of the Assets, except as is specifically made pursuant to Article IV. Provided that Closing has occurred, the Purchaser further agrees that it shall:

Assets Acquired On. “As Is” Basis By Closing, and notwithstanding Notwithstanding the foregoing provisions of this Article, the Purchaser acknowledges that it is acquiring the Assets on an “as is” basisbasis as of the Effective Date. The Purchaser acknowledges that it is familiar with the condition of the Assets, including the past and present use of the Lands and the Tangibles, that the Vendor has provided the Purchaser with a reasonable opportunity to inspect the Assets assets and the Title and Operating Documents Leases at the sole cost, risk and expense of the Purchaser (insofar as the Vendor could reasonably provide such access) and that the Purchaser is not relying upon any representation or warranty of the Vendor as to the condition, environmental or otherwise, of the Assets, except as is specifically made pursuant to Article IV5. Provided that Closing has occurred, the Purchaser further agrees that that, it shall:

Assets Acquired On. “As Is” " Basis By Closing, and notwithstanding Notwithstanding the foregoing provisions of this Article, the Purchaser acknowledges that it is acquiring the Assets on an “"as is” " basis, as of the Effective Date. The Purchaser acknowledges that it is familiar with the condition of the Assets, including the past and present use of the Lands and the Tangibles, that the Vendor has provided the Purchaser with a reasonable opportunity to inspect the Assets and the Title and Operating Documents at the sole cost, risk and expense of the Purchaser (insofar as the Vendor could reasonably provide such access) and that the Purchaser has performed its own due diligence and is not relying upon any representation or warranty of the Vendor as to the title, condition, environmental or otherwise, of the Assets, except as is specifically made pursuant to Article IVClause 6.1. Provided Subject to Clause 11.5 and provided that Closing has occurred, the Purchaser further agrees that that, as of the Effective Date, it shall:

Assets Acquired On. “As Is” Basis By Closing, and notwithstanding Notwithstanding the foregoing provisions of this Article, but subject to the other provisions of this Agreement, the Purchaser acknowledges that it is acquiring the Assets on an “as is” basis, as of the Effective Date. The Purchaser acknowledges that it is familiar with the condition of the Assets, including the past and present use of the Lands and the Tangibles, that the Vendor has provided the Purchaser with a reasonable opportunity to inspect the Assets and the Title and Operating Documents at the sole cost, risk and expense of the Purchaser (insofar as the Vendor could reasonably provide such access) and that the Purchaser is not relying upon any representation or warranty of the Vendor as to the condition, environmental or otherwise, of the Assets, except as is specifically made pursuant to Article IVClause 6.1. Provided that Closing has occurred, the Purchaser further agrees that that, as of the Effective Date, it shall: