Common use of Due Diligence Representation Clause in Contracts

Due Diligence Representation. Buyer represents and warrants to Seller that Buyer (i) is an experienced and sophisticated purchaser of properties such as the Property, (ii) is specifically familiar with the Property, and (iii) has inspected and examined, or prior to the Inspection Date will inspect and examine, all aspects of the Property and its current condition that Buyer believes to be relevant to its decision to consummate its purchase of the Property. This Section 8.5 shall survive the Closing or earlier termination of this Agreement.

Appears in 5 contracts

Samples: Agreement for Sale and Purchase of Property (Investors Real Estate Trust), Agreement for Sale and Purchase of Property (Investors Real Estate Trust), Agreement for Sale and Purchase of Property (Investors Real Estate Trust)

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Due Diligence Representation. Buyer Purchaser represents and warrants to Seller that Buyer Purchaser (i) is an experienced and sophisticated purchaser of properties such as the Property, (ii) is specifically familiar with the Property, and (iii) has inspected and examined, or prior to the Inspection Due Diligence Contingency Date will inspect and examine, all aspects of the Property and its current condition that Buyer Purchaser believes to be relevant to its decision to consummate its purchase of the Property. This Section 8.5 shall survive Purchaser acknowledges that Seller does not occupy the Closing or earlier termination of this AgreementProperty.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hines Real Estate Investment Trust Inc)

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Due Diligence Representation. Buyer represents and warrants to Seller that Buyer (i) is an experienced and sophisticated purchaser of properties such as the Property, Property and (ii) is specifically familiar with the Property, and (iii) has inspected and examined, or prior to the Inspection Date will inspect and examine, examine all aspects of the Property and its current condition that Buyer believes to be relevant to its decision to consummate its purchase of the Property. This Section 8.5 8.1.5 shall survive the Closing or earlier termination of this Agreement.

Appears in 1 contract

Samples: Agreement for Sale and Purchase of Property (Investors Real Estate Trust)

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