Common use of Condition of Property Clause in Contracts

Condition of Property. a. The Assignee makes no representation as to the ownership of furniture, fittings, fixtures, appliances, collectibles, assets of a business, trade inventories, supplies etc situated at the Property which items may be on hire purchase, lease, deferred sale or assignment from third party. In such cases the Assignee accepts no liability for any payments which may be outstanding in respect thereof and the Property is sold subject thereto.

Appears in 247 contracts

Samples: Loan Agreement, Proclamation of Sale, Facilities Agreement

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Condition of Property. a. (a) The Assignee makes no representation as to the ownership of furniture, fittings, fixtures, appliances, collectibles, assets of a business, trade inventories, supplies etc situated at the Property which items may be on hire purchase, lease, deferred sale or assignment from third party. In such cases the Assignee accepts no liability for any payments which may be outstanding in respect thereof and the Property is sold subject thereto.

Appears in 7 contracts

Samples: Facility Agreement, Facilities Agreement, Facilities Agreement

Condition of Property. a. The Assignee makes no representation as to the ownership of furniture, fittings, fixtures, appliances, collectibles, assets of a business, trade inventories, supplies etc situated at the Property which items may be on hire purchase, lease, deferred sale or assignment assignm ent from third party. In such cases the Assignee accepts no liability for any payments which may be outstanding in respect thereof and the Property is sold subject thereto.

Appears in 2 contracts

Samples: Matter of Loan Agreement, Proclamation of Sale

Condition of Property. a. (a) The Assignee makes no representation as to the ownership of furniture, fittings, fixtures, appliances, collectibles, assets of a business, trade inventories, supplies etc suppliesetc situated at the Property which items may be on hire purchase, lease, deferred sale or assignment from third party. In such cases the Assignee accepts no liability for any payments which may be outstanding in respect thereof and the Property is sold subject thereto.

Appears in 1 contract

Samples: auctionking.net

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Condition of Property. a. The Assignee makes no representation as to the ownership of furniture, fittings, fixtures, appliances, collectibles, assets of a business, trade inventories, supplies etc situated at the Property which items may be on hire purchase, lease, deferred sale or assignment from third party. In such cases ca ses the Assignee accepts no liability for any payments which may be outstanding in respect thereof and the Property is sold subject thereto.

Appears in 1 contract

Samples: Facilities Agreement

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