Common use of Condition of Subleased Premises Clause in Contracts

Condition of Subleased Premises. (a) Sublandlord shall deliver the Subleased Premises to Subtenant in broom clean condition, free and clear of all tenants and occupants, and free of all of Sublandlord’s property, except the Existing Furniture (the “Delivery Condition”), and otherwise “AS IS” with all faults and without any obligation on the part of Sublandlord to modify, improve or otherwise prepare the Subleased Premises for Subtenant’s occupancy. Subtenant hereby warrants and represents that it is fully familiar with the physical condition of the Subleased Premises, that it has inspected them and found them to be satisfactory. Subtenant acknowledges that no representations have been made to Subtenant with respect to the condition of the Subleased Premises and that Subtenant relied upon its own examination of the Subleased Premises in entering into this Sublease and that Sublandlord shall not be liable for any latent or patent defects, if any, existing therein. Sublandlord has made no warranty or representation, express or implied, as to the present or future condition of the Subleased Premises or the fitness and availability of the Subleased Premises for any particular use. Sublandlord shall not be responsible for making any improvements, alterations or repairs therein or for spending any money to prepare the Subleased Premises for Subtenant’s occupancy.

Appears in 2 contracts

Samples: Sublease (Praxis Precision Medicines, Inc.), Sublease (Praxis Precision Medicines, Inc.)

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Condition of Subleased Premises. (a) Sublandlord shall deliver 10.1 Subtenant has examined the Subleased Premises to Subtenant in broom clean conditionPremises, free and clear is aware of all tenants and occupantsthe physical condition thereof, and free of all of Sublandlord’s property, except agrees to take the Existing Furniture (the “Delivery Condition”), and otherwise “same "AS IS," (unless otherwise provided in Section 7 herein) with all faults the [***] Confidential portions of this document have been redacted and without any filed separately with the Commission. understanding that there shall be no obligation on the part of Sublandlord to modify, improve or otherwise prepare incur any expense whatsoever in connection with the preparation of the Subleased Premises for Subtenant’s occupancy. Subtenant hereby warrants and represents that it is fully familiar with the physical condition of the Subleased Premises's occupancy thereof, that it has inspected them and found them other than to be satisfactory. Subtenant acknowledges that no representations have been made to Subtenant with respect to the condition of the Subleased Premises and that Subtenant relied upon its own examination of deliver the Subleased Premises in entering into this Sublease broom-clean condition. Any work performed by Subtenant shall be in accordance with the terms of the Xxxxxxxxx and Section 7 herein. Sublandlord agrees to sell to Subtenant, and Subtenant agrees to purchase certain furniture listed on Page 2 of Exhibit "B" (the "Furniture") for the price of [***]. The Furniture will be sold to Subtenant in its "AS IS" condition, without warranty from Sublandlord (provided, however, that Sublandlord shall not be liable for any latent or patent defectsassign to Subtenant all of Sublandlord's third-party warranties relating to the Furniture, if any, existing therein). Sublandlord has made no warranty or representation, express or implied, as to the present or future condition Payment of the Subleased Premises or purchase price will be due upon execution of this Sublease, and upon receipt of such payment, Sublandlord will deliver to Subtenant an executed Xxxx of Sale in the fitness and availability of the Subleased Premises for any particular use. Sublandlord shall not be responsible for making any improvements, alterations or repairs therein or for spending any money to prepare the Subleased Premises for Subtenant’s occupancy.form attached hereto as Exhibit B.

Appears in 2 contracts

Samples: Office Lease (Bridgepoint Education Inc), Office Lease (Bridgepoint Education Inc)

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Condition of Subleased Premises. (a) Sublandlord shall deliver 10.1 Subtenant has examined the Subleased Premises to Subtenant in broom clean conditionPremises, free and clear is aware of all tenants and occupantsthe physical condition thereof, and free of all of Sublandlord’s property, except agrees to take the Existing Furniture (the “Delivery Condition”), and otherwise “same "AS IS," (unless otherwise provided in Section 7 herein) with all faults and without any the understanding that there shall be no obligation on the part of Sublandlord to modify, improve or otherwise prepare incur any expense whatsoever in connection with the preparation of the Subleased Premises for Subtenant’s occupancy. Subtenant hereby warrants and represents that it is fully familiar with the physical condition of the Subleased Premises's occupancy thereof, that it has inspected them and found them other than to be satisfactory. Subtenant acknowledges that no representations have been made to Subtenant with respect to the condition of the Subleased Premises and that Subtenant relied upon its own examination of deliver the Subleased Premises in entering into this Sublease broom-clean condition. Any work performed by Subtenant shall be in accordance with the terms of the Xxxxxxxxx and Section 7 herein. Sublandlord agrees to sell to Subtenant, and Subtenant agrees to purchase certain furniture listed on Page 2 of Exhibit "B" (the "Furniture") for the price of [***]. The Furniture will be sold to Subtenant in its "AS IS" condition, without warranty from Sublandlord (provided, however, that Sublandlord shall not be liable for any latent or patent defectsassign to Subtenant all of Sublandlord's third-party warranties relating to the Furniture, if any, existing therein). Sublandlord has made no warranty or representation, express or implied, as to the present or future condition Payment of the Subleased Premises or purchase price will be due upon execution of this Sublease, and upon receipt of such payment, Sublandlord will deliver to Subtenant an executed Xxxx of Sale in the fitness and availability of the Subleased Premises for any particular use. Sublandlord shall not be responsible for making any improvements, alterations or repairs therein or for spending any money to prepare the Subleased Premises for Subtenant’s occupancy.form attached hereto as Exhibit B.

Appears in 1 contract

Samples: Office Lease (Bridgepoint Education Inc)

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