REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE GRANTOR. As a material inducement to the Operating Partnership to enter into this Agreement and to consummate the transactions contemplated hereby, the Grantor hereby makes to the Operating Partnership each of the representations and warranties set forth in this Article III, which representations and warranties (unless otherwise noted) are true as of the date hereof. As a condition to the Operating Partnership's obligation to purchase the Interests after the exercise of the Option, such representations and warranties must be true as of the Closing Date.
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Samples: Option Agreement (Tower Realty Trust Inc), Omnibus Option Agreement (Tower Realty Trust Inc), Option Agreement (Tower Realty Trust Inc)
REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE GRANTOR. As a material inducement to the Operating Partnership and TEMI to enter into this Agreement and to consummate the transactions contemplated hereby, the each Grantor hereby severally makes to the Operating Partnership and TEMI each of the representations and warranties set forth in this Article III, which representations and warranties (unless otherwise noted) are true as of the date hereof. As a condition to the Operating Partnership's obligation to purchase the Interests Assets after the exercise of the Option, such representations and warranties must be true as of the Closing Date.
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REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE GRANTOR. As a material inducement to the Operating Partnership to enter into this Agreement and to consummate the transactions contemplated hereby, the Grantor hereby makes to the Operating Partnership each of the representations and warranties set forth in this Article III, which representations and warranties (unless otherwise noted) are true as of the date hereof. As a condition to the Operating Partnership's obligation to purchase the Interests after the exercise of the Option, such representations and warranties must be true in all material respects as of the Closing Date.
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