Common use of MOVE-IN CONDITION Clause in Contracts

MOVE-IN CONDITION. VBH has inspected and accepts the Property AS IS except for conditions materially affecting the safety or health of ordinary persons or unless expressly noted otherwise in this Agreement. Owner has made no express or implied warranties about the condition of the Property and no agreements have been made about future repairs unless specified in this Agreement. VBH is advised to prepare a written document noting any defects in or damage to the Property and deliver it to Owner within forty-eight (48) hours after the Commencement Date of this Agreement. VBH’s failure to timely deliver the document will be deemed as VBH’s acceptance of the Property in a clean and good condition, with no defects or damage. No such document is a request for maintenance or repairs.

Appears in 3 contracts

Samples: Master Control and Contribution Agreement (VictoryBase Corp), Master Control and Contribution Agreement (VictoryBase Corp), Master Control and Contribution Agreement (VictoryBase Corp)

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MOVE-IN CONDITION. VBH has inspected and accepts the Property AS IS except for conditions materially affecting the safety or health of ordinary persons or unless expressly noted otherwise in this Agreement. Owner has made no express or implied warranties about the condition of the Property and no agreements have been made about future repairs unless specified in this Agreement. VBH is advised to prepare a written document noting any defects in or damage to the Property and deliver it to Owner within forty-eight (48) hours after VBH’s exercise of the Commencement Date of this AgreementControl Option. VBH’s failure to timely deliver the document will be deemed as VBH’s acceptance of the Property in a clean and good condition, with no defects or damage. No such document is a request for maintenance or repairs.

Appears in 1 contract

Samples: Master Control and Contribution Agreement (VictoryBase Corp)

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