Common use of Disclaimer of Warranties; Subrogation Clause in Contracts

Disclaimer of Warranties; Subrogation. Except as expressly provided herein or in the Contribution Agreement, this Conveyance is made, and is accepted by Grantee, without warranty of title, express, implied or statutory, and without recourse, but with full substitution and subrogation of Grantee, and all persons claiming by, through, and under Grantee, to the extent assignable, in and to all covenants and warranties by the predecessors in title of Grantor and with full subrogation of all rights accruing under applicable statutes of limitation or prescription and all rights of action of warranty against all former owners of the Subject Property. Except as expressly provided herein or in the Contribution Agreement, any covenants implied by statute or by the

Appears in 4 contracts

Samples: Contribution, Conveyance and Assumption Agreement (Penn Octane Corp), Contribution, Conveyance and Assumption Agreement (Rio Vista Energy Partners Lp), Contribution, Conveyance and Assumption Agreement (Rio Vista Energy Partners Lp)

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Disclaimer of Warranties; Subrogation. Except as expressly provided herein or in the Contribution Agreement, this Conveyance is made, and is accepted by Grantee, without warranty of title, express, implied or statutory, and without recourse, but with full substitution and subrogation of Grantee, and all persons claiming by, through, and under Grantee, to the extent assignable, in and to all covenants and warranties by the predecessors in title of Grantor and with full subrogation of all rights accruing under applicable statutes of limitation or prescription and all rights of action of warranty against all former owners of the Subject Property. Except as expressly provided herein or in the Contribution Agreement, any covenants implied by statute or by thethe use of the words "convey", "sell", "assign", "

Appears in 3 contracts

Samples: Contribution, Conveyance and Assumption Agreement (Williams Energy Partners L P), Contribution, Conveyance and Assumption Agreement (Penn Virginia Resource Partners L P), Contribution, Conveyance and Assumption Agreement (Williams Energy Partners L P)

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Disclaimer of Warranties; Subrogation. Except as expressly provided herein or in the Contribution Agreement, this Conveyance is made, and is accepted by Grantee, without warranty of title, express, implied or statutory, and without recourse, but with full substitution and subrogation of Grantee, and all persons claiming by, through, and under Grantee, to the extent assignable, in and to all covenants and warranties by the predecessors in title of Grantor and with full subrogation of all rights accruing under applicable statutes of limitation or prescription and all rights of action of warranty against all former owners of the Subject Property. Except as expressly provided herein or in the Contribution Agreement, any covenants implied by statute or by theas

Appears in 2 contracts

Samples: Contribution, Conveyance and Assumption Agreement (Rio Vista Energy Partners Lp), Contribution, Conveyance and Assumption Agreement (Rio Vista Energy Partners Lp)

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