Document and Property Inspection. Seller has provided certain materials concerning the Property Assets to Buyer and has made and shall make available at the Real Property or at Seller's offices in Columbia, Maryland for Buyer's inspection or review and copying the leases, the tenant files, and other documents and other items relating to the Property Assets as shown on the attached Exhibit E. Seller has also made its environmental files available for review by Buyer's environmental consultants. Seller has made and shall make the Property Assets available for inspection by Buyer and Buyer has and shall, at Buyer's risk, conducted such engineering and/or market and economic feasibility studies of the Property and undertaken such physical inspections of the Property Assets as Buyer has deemed appropriate. Buyer agrees to comply with the Confidentiality Agreement and the Access Agreement with respect to the foregoing materials and further agrees that if for any reason the Closing is not consummated, Buyer will immediately return to Seller all materials furnished to Buyer by Seller and its Affiliates pursuant to the Confidentiality Agreement or this Section 7.1. Except for the warranties expressly set forth in this Agreement, Seller makes no representations or warranties as to the truth, accuracy or completeness of any materials, data or other information supplied to Buyer in connection with Buyer's inspection of the Property Assets (e.g., that such materials are complete, accurate or the final version thereof, or that all such materials are in Seller's possession). It is the parties' express understanding and agreement that such materials are provided only for Buyer's convenience in making its own examination and determination concerning the Property Assets, and, in doing so, except as expressly set forth in this Agreement, Buyer has relied exclusively on its own independent investigation and evaluation of every aspect of the Property Assets and not on any materials supplied by Seller or its Affiliates. Except as expressly set forth in this Agreement, Buyer expressly disclaims any intent to rely on any such materials provided to it by Seller or its Affiliates in connection with its inspection other than the warranties set forth in this Agreement and agrees that it shall rely solely on its own independently developed or verified information. In connection with any entry by Buyer or its agents or contractors on the Real Property prior to Closing, Buyer agrees to indemnify Seller, Owner Entity, and their Affiliates as provided in the Access Agreement. Buyer acknowledges that notwithstanding Buyer's continuing feasibility studies, Buyer shall not have the right to terminate this Agreement as a result thereof except as provided in this Agreement.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Pennsylvania Real Estate Investment Trust), Purchase and Sale Agreement (Pennsylvania Real Estate Investment Trust)
Document and Property Inspection. Seller has provided certain materials concerning the Property Assets to Buyer and has made and shall make available at the Real Property or at Seller's offices in Columbia, Maryland for Buyer's inspection or review and copying the leases, the tenant files, and other documents and other items relating to the Property Assets as shown on the attached Exhibit E. Seller has also made its environmental files available for review by Buyer's environmental consultants. Seller has made and shall make the Property Assets available for inspection by Buyer and Buyer has and shall, at Buyer's risk, conducted such engineering and/or market and economic feasibility studies of the Property and undertaken such physical inspections of the Property Assets as Buyer has deemed appropriate. Buyer agrees to comply with the Confidentiality Agreement and the Access Agreement with respect to the foregoing materials and further agrees that if for any reason the Closing is not consummated, Buyer will immediately return to Seller all materials furnished to Buyer by Seller and its Affiliates pursuant to the Confidentiality Agreement or this Section 7.1.
1. Except for the warranties expressly set forth in this Agreement, Seller makes no representations or warranties as to the truth, accuracy or completeness of any materials, data or other information supplied to Buyer in connection with Buyer's inspection of the Property Assets (e.g., that such materials are complete, accurate or the final version thereof, or that all such materials are in Seller's possession). It is the parties' express understanding and agreement that such materials are provided only for Buyer's convenience in making its own examination and determination concerning the Property Assets, and, in doing so, except as expressly set forth in this Agreement, Buyer has relied exclusively on its own independent investigation and evaluation of every aspect of the Property Assets and not on any materials supplied by Seller or its Affiliates. Except as expressly set forth in this Agreement, Buyer expressly disclaims any intent to rely on any such materials provided to it by Seller or its Affiliates in connection with its inspection other than the warranties set forth in this Agreement and agrees that it shall rely solely on its own independently developed or verified information. In connection with any entry by Buyer or its agents or contractors on the Real Property prior to Closing, Buyer agrees to indemnify Seller, Owner Entity, and their Affiliates as provided in the Access Agreement. Buyer acknowledges that notwithstanding Buyer's continuing feasibility studies, Buyer shall not have the right to terminate this Agreement as a result thereof except as provided in this Agreement.
Appears in 2 contracts
Samples: Agreement of Purchase and Sale (Pennsylvania Real Estate Investment Trust), Purchase and Sale Agreement (Pennsylvania Real Estate Investment Trust)
Document and Property Inspection. Seller has provided certain materials concerning the Property Assets to Buyer and has made and shall make available at the Real Property or at Seller's offices in Columbia, Maryland for Buyer's inspection or review and copying the leases, the tenant files, and other documents and other items relating to the Property Assets as shown on the attached Exhibit E. Seller has also made its environmental files available for review by Buyer's environmental consultants. Seller has made and shall make the Property Assets available for inspection by Buyer and Buyer has and shall, at Buyer's risk, conducted such engineering and/or market and economic feasibility studies of the Property and undertaken such physical inspections of the Property Assets as Buyer has deemed appropriate. Buyer agrees to comply with the Confidentiality Agreement and the Access Agreement with respect to the foregoing materials and further agrees that if for any reason the Closing is not consummated, Buyer will immediately return to Seller all materials furnished to Buyer by Seller and its Affiliates pursuant to the Confidentiality Agreement or this Section 7.1not
1. Except for the warranties expressly set forth in this Agreement, Seller makes no representations or warranties as to the truth, accuracy or completeness of any materials, data or other information supplied to Buyer in connection with Buyer's inspection of the Property Assets (e.g., that such materials are complete, accurate or the final version thereof, or that all such materials are in Seller's possession). It is the parties' express understanding and agreement that such materials are provided only for Buyer's convenience in making its own examination and determination concerning the Property Assets, and, in doing so, except as expressly set forth in this Agreement, Buyer has relied exclusively on its own independent investigation and evaluation of every aspect of the Property Assets and not on any materials supplied by Seller or its Affiliates. Except as expressly set forth in this Agreement, Buyer expressly disclaims any intent to rely on any such materials provided to it by Seller or its Affiliates in connection with its inspection other than the warranties set forth in this Agreement and agrees that it shall rely solely on its own independently developed or verified information. In connection with any entry by Buyer or its agents or contractors on the Real Property prior to Closing, Buyer agrees to indemnify Seller, Owner Entity, and their Affiliates as provided in the Access Agreement. Buyer acknowledges that notwithstanding Buyer's continuing feasibility studies, Buyer shall not have the right to terminate this Agreement as a result thereof except as provided in this Agreement.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Pennsylvania Real Estate Investment Trust)
Document and Property Inspection. Seller has provided certain materials concerning the Property Assets to Buyer and has made and shall make available at the Real Property or at Seller's offices in Columbia, Maryland for Buyer's inspection or review and copying the leases, the tenant files, and other documents and other items relating to the Property Assets as shown on the attached Exhibit E. Seller has also made its environmental files available for review by Buyer's environmental consultants. Seller has made and shall make the Property Assets available for inspection by Buyer and Buyer has and shall, at Buyer's risk, conducted such engineering and/or market and economic feasibility studies of the Property and undertaken such physical inspections of the Property Assets as Buyer has deemed appropriate. Buyer agrees to comply with the Confidentiality Agreement and the Access Agreement with respect to the foregoing materials and further agrees that if for any reason the Closing is not consummated, Buyer will immediately return to Seller all materials furnished to Buyer by Seller and its Affiliates pursuant to the Confidentiality Agreement or this Section 7.1.
1. Except for the warranties expressly set forth in this Agreement, Seller makes no representations or warranties as to the truth, accuracy or completeness of any materials, data or other information supplied to Buyer in connection with Buyer's inspection of the Property Assets (e.g., that such materials are complete, accurate or the final version thereof, or that all such materials are in Seller's possession). It is the parties' express understanding and agreement that such materials are provided only for Buyer's convenience in making its own examination and determination concerning the Property Assets, and, in doing so, except as expressly set forth in this Agreement, Buyer has relied exclusively on its own independent investigation and evaluation of every aspect of the Property Assets and not on any materials supplied by Seller or its Affiliates. Except as expressly set forth in this Agreement, Buyer expressly disclaims any intent to rely on any such materials provided to it by Seller or its Affiliates in connection with its inspection other than the warranties set forth in this Agreement and agrees that it shall rely solely on its own independently developed or verified information. In connection with any entry by Buyer or its agents or contractors on the Real Property prior to Closing, Buyer agrees to indemnify Seller, Owner Entitythe Transferred Entities, and their Affiliates as provided in the Access Agreement. Buyer acknowledges that notwithstanding Buyer's continuing feasibility studies, Buyer shall not have the right to terminate this Agreement as a result thereof except as provided in this Agreement.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Pennsylvania Real Estate Investment Trust)
Document and Property Inspection. Seller has provided certain materials concerning the Property Assets to Buyer and has made and shall make available at the Real Property or at Seller's offices in ColumbiaPhiladelphia, Maryland Pennsylvania for Buyer's inspection or review and copying the leases, the tenant files, and other documents and other items relating to the Property Assets as shown on the attached Exhibit E. Seller has also made its environmental files available for review by Buyer's environmental consultants. Seller has made and shall make the Property Assets available for inspection by Buyer and Buyer has and shall, at Buyer's risk, conducted such engineering and/or market and economic feasibility studies of the Property Assets and undertaken such physical inspections of the Property Assets as Buyer has deemed appropriate. Buyer agrees to comply with the Confidentiality Agreement and the Access Agreement with respect to the foregoing materials and further agrees that if for any reason the Closing is not consummated, Buyer will immediately return to Seller all materials furnished to Buyer by Seller and its Affiliates pursuant to the Confidentiality Agreement or this Section 7.1. Except for the warranties expressly set forth in this Agreement, Seller makes no representations or warranties as to the truth, accuracy or completeness of any materials, data or other information supplied to Buyer in connection with Buyer's inspection of the Property Assets (e.g., that such materials are complete, accurate or the final version thereof, or that all such materials are in Seller's possession). It is the parties' express understanding and agreement that such materials are provided only for Buyer's convenience in making its own examination and determination concerning the Property Assets, and, in doing so, except as expressly set forth in this Agreement, Buyer has relied exclusively on its own independent investigation and evaluation of every aspect of the Property Assets and not on any materials supplied by Seller or its Affiliates. Except as expressly set forth in this Agreement, Buyer expressly disclaims any intent to rely on any such materials provided to it by Seller or its Affiliates in connection with its inspection other than the warranties set forth in this Agreement and agrees that it shall rely solely on its own independently developed or verified information. In connection with any entry by Buyer or its agents or contractors on the Real Property prior to Closing, Buyer agrees to indemnify Seller, Owner Entity, and their Affiliates as provided in the Access Agreement. Buyer acknowledges that notwithstanding Buyer's continuing feasibility studies, Buyer shall not have the right to terminate this Agreement as a result thereof except as provided in this Agreement.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Pennsylvania Real Estate Investment Trust)