Condition of the Real Property. Seller has not received written notice from any governmental authority having jurisdiction over the Real Property of any violation of any applicable law, rule, regulation or code of any such governmental authority, which has not been cured or remedied and to the best of Seller's knowledge, no such violation exists.
Condition of the Real Property. Seller has not received written notice from any governmental authority having jurisdiction over the Real Property of any violation of any applicable law, rule, regulation or code of any such governmental authority, which has not been cured or remedied and to the best of Seller's knowledge, no such violation exists. To the best of Seller's knowledge, except as disclosed by any engineering report received by Purchaser with respect to the Real Property, the major structural, mechanical, roof, storm drainage, sanitary sewer, and electrical systems constituting the Improvements are in good working order and condition to perform the work or function for which intended.
Condition of the Real Property. The Real Property and the buildings and other fixtures thereon have been reasonably maintained since their acquisition by the Company, are in reasonable order and repair (normal wear and tear excepted), and are in a condition adequate to conduct the Business as currently conducted. The Real Property constitutes all real property upon which the Company conducts its operations. To the knowledge of the Vendor, there is no matter which would have a Material Adverse Impact on the value of the Real Property. No required material capital expenditures relating to environmental or health and safety matters regarding the Company’s Real Property and the buildings thereon have been deferred since January 1, 2013.
Condition of the Real Property. Seller shall deliver to Buyer exclusive possession of the Real Property, in the same condition as on the date of execution of this Agreement. The property is being sold, “as-is”, “where-is”. No Representations by Seller. The Seller makes no claims as to the condition or the status of the property to include the land, structure, contents, and/ or occupancy status. At the closing, Buyer shall accept the Property in “As Is" condition, notwithstanding the existence of any defects known or unknown, latent or otherwise. Buyer acknowledges and agrees that he/she has not and is not relying on any statements or representations, whether verbal or written, made by Seller or Seller’s agents as to the condition of the Property. Buyer hereby acknowledges that Seller shall not be providing Buyer with a Real Estate Transfer Disclosure Statement and/or a Certificate of Occupancy with respect to the Property. Buyer hereby waives any requirement that Seller furnish Buyer with any such disclosure statement and/or a Certificate of Occupancy and hereby releases Seller from any and all liability resulting from the non-delivery of such disclosure statement and/or a Certificate of Occupancy.
Condition of the Real Property. (a) The Real Property complies with current fire regulations affecting the Real Property.
(b) A fire risk assessment has been carried out in respect of each of the Real Property and there has been no change in the Real Property or occupants since such assessment was carried out.
(c) All asbestos certificates or reports required to be obtained and maintained by the Group Company in respect of the Real Property are in the possession of a Group Company and remain valid and current and all works required to be carried out by any such certificate or report have been duly carried out.
Condition of the Real Property. Upon completion of the Due Diligence Period, Buyer acknowledges that Seller has provided Buyer sufficient opportunity to make such independent factual, physical and legal examinations and inquiries as Buyer deems necessary and desirable with respect to the Real Property and the transaction contemplated by this Agreement and that Buyer has approved the Real Property in all respects. The following provisions shall thereupon be applicable and shall survive the Closing or termination of this Agreement:
(a) Buyer does hereby acknowledge, represent, warrant and agree to and with Seller that: (i) Buyer is expressly purchasing the Real Property in its existing condition "AS IS, WHERE IS, AND WITH ALL FAULTS" with respect to all facts, circumstances, conditions and defects; (ii) Seller has no obligation to inspect for, repair or correct any such facts, circumstances, conditions or defects or to compensate Buyer for same (except for matters due to casualty or condemnation which shall be subject to the provisions set forth below); (iii) Seller has specifically bargained for the assumption by Buyer of all responsibility to inspect and investigate the Real Property and of all risk of adverse conditions and has structured the Purchase Price and other terms of this Agreement in consideration thereof; (iv) Buyer has undertaken all such inspections and investigations of the Real Property as Buyer deems necessary or appropriate under the circumstances as to the condition of the Real Property and the suitability of the Real Property for Buyer's intended use, and based upon same, Buyer is and will be relying strictly and solely upon such inspections and examinations and the advice and counsel of its own consultants, agents, legal counsel and officers and Buyer is and will be fully satisfied that the Purchase Price is fair and adequate consideration for the Real Property; and (v) Seller is not making and has not made any warranty or representation with respect to any materials or other data provided by Seller to Buyer (whether prepared by or for the Seller or others) or the education, skills, competence or diligence of the preparers thereof or the physical condition or any other aspect of all or any part of the Real Property as an inducement to Buyer to enter into this Agreement and thereafter to purchase the Real Property or for any other purpose. Without limiting the generality of any of the foregoing, Buyer specifically acknowledges that Seller does not represent or in any ...
Condition of the Real Property. Seller has not received written notice from any governmental authority having jurisdiction over the Real Property of any violation of any applicable law, rule, regulation or code of any such governmental authority, which has not been cured or remedied. To the best of Seller's knowledge, except as disclosed by any engineering report received by Purchaser with respect to the Real Property, the major structural, mechanical and electrical systems constituting the Improvements are in good working order and condition to perform the work or function for which intended. To the best of Seller's knowledge, there are no material adverse physical conditions or defects in or on the Improvements, except as disclosed in writing to Purchaser. Seller has provided to Purchaser copies of all written engineering reports in Seller's possession or control regarding the condition of the Real Property.
Condition of the Real Property. The Premises are not now damaged or injured as a result of any fire, explosion, accident, flood or other casualty.
Condition of the Real Property. The buildings and other structures on the Real Property or of which any of the Real Property form part are in good and substantial repair and fit for the purposes for which they are presently used.
Condition of the Real Property. No Defects. Seller has not received written notice from any governmental authority having jurisdiction over the Real Property of any violation of any applicable law, rule, regulation or code of any such governmental authority, which has not been cured or remedied and to the best of Seller's knowledge, no such violation exists. Seller is not aware of any material physical or mechanical defects in the condition of any improvements or equipment in or on the Subject Property, including roof structure, walls or structural components, and heating airconditioning, plumbing, ventilation, utility, sprinkler and other mechanical and electrical systems.
