Common use of CSU’s Investigation Clause in Contracts

CSU’s Investigation. As authorized by the CSU Entry Permit, CSU made an independent investigation and analysis, to the extent CSU deemed necessary or appropriate, concerning the physical condition, development potential, use, sale, and occupancy of the CSU Property and the value of the CSU Property. Such investigation and analysis included: the present and future economic value of the CSU Property and the feasibility of developing or marketing the CSU Property for CSU’s intended purposes; an environmental analysis as required by applicable Law; the soils condition of the CSU Property; the presence of Hazardous Substances on or af ecting the CSU Property and the actual or potential need for remediation of such Hazardous Substances; the future availability and adequacy of water, sewer, and other utilities serving the CSU Property; applicable Law, limitations, restrictions, conditions, or requirements af ecting the CSU Property; the existence and ef ect of covenants, conditions, restrictions, and requirements set forth in recorded documents af ecting the CSU Property; and possible costs associated with CSU’s development, grading, and construction of improvements on the CSU Property. CSU acknowledges that its approval of the condition of the CSU Property pursuant to this Agreement evidences all ofthe following: (i) to the extent that CSU’s own expertise with respect to any matter regarding the CSU Property is insuf icient to enable CSU to reach an informed conclusion regarding such matter, CSU has engaged the services of Persons qualified to advise CSU with respect to such matters; (ii) CSU has received assurances acceptable to CSU, by means independent ofthe City or the City’s representatives, ofthe truth of all facts material to CSU’s acquisition ofthe CSU Property, provided that nothing in this paragraph (a)(ii) releases the City from its representations, warranties, and obligations to perform covenants under this Agreement or in any other agreement entered into between the Parties at the Closing; and (iii) CSU is acquiring the CSU Property as a result of CSU’s own knowledge, inspection, and investigation of the CSU Property and not as a result of any statement or representation made by the City or the City’s representatives relating to the condition ofthe CSU Property, unless such statement or representation is expressly set forth in this Agreement or in any other agreement entered into between the Parties at the Closing.

CSU’s Investigation. As authorized by the CSU Entry Permit, CSU made an independent investigation and analysis, to the extent CSU deemed necessary or appropriate, concerning the physical condition, development potential, use, sale, and occupancy of the CSU Property and the value of the CSU Property. Such investigation and analysis included: the present and future economic value of the CSU Property and the feasibility of developing or marketing the CSU Property for CSU’s intended purposes; an environmental analysis as required by applicable Law; the soils condition of the CSU Property; the presence of Hazardous Substances on or af ecting a fecting the CSU Property and the actual or potential need for remediation of such Hazardous Substances; the future availability and adequacy of water, sewer, and other utilities serving the CSU Property; applicable Law, limitations, restrictions, conditions, or requirements af ecting a fecting the CSU Property; the existence and ef ect e fect of covenants, conditions, restrictions, and requirements set forth in recorded documents af ecting a fecting the CSU Property; and possible costs associated with CSU’s development, grading, and construction of improvements on the CSU Property. CSU acknowledges that its approval of the condition of the CSU Property pursuant to this Agreement evidences all ofthe following: (i) to the extent that CSU’s own expertise with respect to any matter regarding the CSU Property is insuf icient insu ficient to enable CSU to reach an informed conclusion regarding such matter, CSU has engaged the services of Persons qualified to advise CSU with respect to such matters; (ii) CSU has received assurances acceptable to CSU, by means independent ofthe City or the City’s representatives, ofthe truth of all facts material to CSU’s acquisition ofthe CSU Property, provided that nothing in this paragraph (a)(ii) releases the City from its representations, warranties, and obligations to perform covenants under this Agreement or in any other agreement entered into between the Parties at the Closing; and (iii) CSU is acquiring the CSU Property as a result of CSU’s own knowledge, inspection, and investigation of the CSU Property and not as a result of any statement or representation made by the City or the City’s representatives relating to the condition ofthe CSU Property, unless such statement or representation is expressly set forth in this Agreement or in any other agreement entered into between the Parties at the Closing.

CSU’s Investigation. As authorized by the CSU Entry Permit, CSU made an independent investigation and analysis, to the extent CSU deemed necessary or appropriate, concerning the physical condition, development potential, use, sale, and occupancy of the CSU Property and the value of the CSU Property. Such investigation and analysis included: the present and future economic value of the CSU Property and the feasibility of developing or marketing the CSU Property for CSU’s intended purposes; an environmental analysis as required by applicable Law; the soils condition of the CSU Property; the presence of Hazardous Substances on or af ecting affecting the CSU Property and the actual or potential need for remediation of such Hazardous Substances; the future availability and adequacy of water, sewer, and other utilities serving the CSU Property; applicable Law, limitations, restrictions, conditions, or requirements af ecting affecting the CSU Property; the existence and ef ect effect of covenants, conditions, restrictions, and requirements set forth in recorded documents af ecting affecting the CSU Property; and possible costs associated with CSU’s development, grading, and construction of improvements on the CSU Property. CSU acknowledges that its approval of the condition of the CSU Property pursuant to this Agreement evidences all ofthe of the following: (i) to the extent that CSU’s own expertise with respect to any matter regarding the CSU Property is insuf icient insufficient to enable CSU to reach an informed conclusion regarding such matter, CSU has engaged the services of Persons qualified to advise CSU with respect to such matters; (ii) CSU has received assurances acceptable to CSU, by means independent ofthe of the City or the City’s representatives, ofthe of the truth of all facts material to CSU’s acquisition ofthe of the CSU Property, provided that nothing in this paragraph (a)(ii) releases the City from its representations, warranties, and obligations to perform covenants under this Agreement or in any other agreement entered into between the Parties at the Closing; and (iii) CSU is acquiring the CSU Property as a result of CSU’s own knowledge, inspection, and investigation of the CSU Property and not as a result of any statement or representation made by the City or the City’s representatives relating to the condition ofthe of the CSU Property, unless such statement or representation is expressly set forth in this Agreement or in any other agreement entered into between the Parties at the Closing.