Common use of Condition of Building; No Asbestos Clause in Contracts

Condition of Building; No Asbestos. Except as may otherwise be specifically disclosed in any written engineering report furnished or caused to be furnished by the Borrower to the Agent prior to the date hereof, the Building is structurally sound, in good repair and free of material defects in materials and workmanship. All major building systems located within the Building, including without limitation heating, ventilating and air conditioning, electrical, sprinkler, plumbing or other mechanical systems, are in good working order and condition. No asbestos is located in or on the Building, except for nonfriable asbestos or contained friable asbestos which is being monitored and/or remediated in accordance with the recommendations of an Environmental Engineer.

Condition of Building; No Asbestos. Except as may otherwise be specifically disclosed The Building is, in any written engineering report furnished or caused to be furnished by the Borrower to the Agent prior to the date hereofall material respects, the Building is structurally sound, in good repair and free of material defects in materials and workmanship. All major building systems located within the Building, including without limitation heating, ventilating and air conditioning, electrical, sprinkler, plumbing or other mechanical systems, are in good working order and condition. No Except as set forth in the Phase I and/or Phase II, as the case may be, environmental site assessments delivered by the Borrower to the Agent, no asbestos is located in or on the Building, except for nonfriable asbestos or contained friable asbestos which is being monitored and/or remediated in accordance with the recommendations of an Environmental Engineer.