Common use of Property Representations Clause in Contracts

Property Representations. (a) The Seller is the sole beneficial owner of a 100% undivided interest in the Property, free and clear of all royalties, liens, charges and encumbrances of any kind. (b) Except as expressly stated in this agreement, seller does not make any express or implied representations, statements, warranties, or conditions of any kind or nature whatsoever concerning the property, including (without limiting the generality of the foregoing) any warranties regarding the ownership, condition, quantity and/or quality of any or all of the property including minerals contained or discoveries of any minerals made. (c) The Seller does not have any information or knowledge of any actions, suits, investigations or proceedings before any court, arbitrator, administrative agency or other tribunal or governmental authority, whether current, pending or threatened, which directly relate to or affect the Property.

Appears in 3 contracts

Samples: Property Purchase Agreement (Amerilithium Corp.), Property Purchase Agreement (Amerilithium Corp.), Property Purchase Agreement (Amerilithium Corp.)

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Property Representations. (a) The Seller is the sole beneficial owner of a 10060% undivided interest in the Property, free and clear of all royalties, liens, charges and encumbrances of any kind. (b) Except as expressly stated in this agreement, seller Seller does not make any express or implied representations, statements, warranties, or conditions of any kind or nature whatsoever concerning the property, including (without limiting the generality of the foregoing) any warranties regarding the ownership, condition, quantity and/or quality of any or all of the property including minerals contained or discoveries of any minerals made. (c) The Seller does not have any information or knowledge of any actions, suits, investigations or proceedings before any court, arbitrator, administrative agency or other tribunal or governmental authority, whether current, pending or threatened, which directly relate to or affect the Property.

Appears in 2 contracts

Samples: Property Purchase Agreement, Property Purchase Agreement (iBOS, INC.)

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