Greystar Sample Clauses

Greystar. Greystar acknowledges and agrees that upon Closing, the City will sell and convey to SCPFC and SCPFC shall accept the Property “AS-IS, WHERE-IS, WITH ALL FAULTS,” except to the extent expressly provided otherwise in this Agreement and any document executed by the City and delivered to SCPFC at Closing. Except as expressly set forth in this Agreement, Greystar has not relied and will not rely on, and the City has not made and is not liable for or bound by, any express or implied warranties, guarantees, statements, representations or information pertaining to the Property or relating thereto (including specifically, without limitation, Property information packages distributed with respect to the Property) made or furnished by the City, or any property manager, real estate broker, agent or third party representing or purporting to represent the City, to whomever made or given, directly or indirectly, orally or in writing. Greystar represents that it is a knowledgeable, experienced, and sophisticated purchaser of real estate and that, except as expressly set forth in this Agreement, it is relying solely on its own expertise and that of Greystar’s consultants in purchasing the Property and shall make an independent verification of the accuracy of any documents and information provided by the City. Greystar will conduct such inspections and investigations of the Property as Greystar deems necessary, including, the physical and environmental conditions thereof, and shall rely upon same. Greystar acknowledges that the City has afforded Greystar a full opportunity to conduct such investigations of the Property as Greystar deemed necessary to satisfy itself as to the condition of the Property and will rely solely upon same and not upon any information provided by or on behalf of the City or its agents or employees with respect thereto, other than such representations, warranties and covenants of the City as are expressly set forth in this Agreement. Upon Closing, Greystar shall assume the risk that adverse matters, including, adverse physical or construction defects or adverse environmental, health or safety conditions, may not have been revealed by Greystar’s inspections and investigations. Greystar hereby represents and warrants to the City that: (1) Greystar is represented by legal counsel in connection with the transaction contemplated by this Agreement; and (2) Greystar is purchasing the Property for business, commercial, investment or other similar purpose an...