Common use of CBL/OP Acknowledgments Clause in Contracts

CBL/OP Acknowledgments. CBL/OP acknowledges and agrees that (a) to the extent required to be operative, the disclaimers of warranties contained in Section 9.1 and Section 9.2 above are "conspicuous" disclaimers for purposes of all applicable laws and other legal requirements, and (b) the disclaimers and other agreements set forth in Section 9.1 and Section 9.2 are an integral part of this Agreement, that the Purchase Price has been adjusted to reflect the same and that Property Owner would not have agreed to consummate the transactions contemplated hereby without the disclaimers and other agreements set forth in Section 9.1 and Section 9.2 above.

CBL/OP Acknowledgments. CBL/OP acknowledges and agrees that (a) to the extent required to be operative, the disclaimers of warranties contained in Section 9.1 and Section 9.2 above are "conspicuous" disclaimers for purposes of all applicable laws and other legal requirements, and (b) the disclaimers and other agreements set forth in Section 9.1 and Section 9.2 are an integral part of this Agreement, that the Purchase Price Total Consideration has been adjusted to reflect the same and that Contributors and Property Owner would not have agreed to consummate the transactions contemplated hereby without the disclaimers and other agreements set forth in Section 9.1 and Section 9.2 above.