Common use of No Warranties or Representations as to Real Estate Taxes or Other Potential Liens Affecting Collateral Clause in Contracts

No Warranties or Representations as to Real Estate Taxes or Other Potential Liens Affecting Collateral. Without limiting the generality of Section 5.1, the Transferor makes no warranties or representations of any kind or nature as to the existence or amount of any unpaid back real estate Taxes, penalties, interest or other amounts due or overdue and payable or to become due and payable with respect to any Asset or Collateral or related Liens against any Asset or Collateral which amounts may be subject to payment by the Company in accordance with the terms of the Transaction Documents. The Transferor retains no obligations with respect to payment or discharge of any real estate Taxes, penalties, interest or other amounts or any Liens or other encumbrances resulting from the nonpayment thereof without regard to when such Taxes, penalties, interest or other amounts became due and without regard to when such Liens or other encumbrances arose.

Appears in 6 contracts

Samples: Asset Transfer Agreement, Asset Transfer Agreement, Asset Transfer Agreement

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