Common use of That the Purchase Price Reflects Clause in Contracts

That the Purchase Price Reflects. The Existing Condition Of The Property, Including The Presence Of Environmental Contamination, If Any, Thereon, And (iii) Seller Shall Be Under No Obligation Whatsoever To Undertake Any Repair, Alteration, Remediation Or Other Work Of Any Kind With Respect To Any Portion Of The Property. Except As Otherwise Agreed To Herein, Seller Is Hereby Released By Buyer And Its Successors And Assigns Of And From Any And All Responsibility, Liability, Obligations And Claims, Known Or Unknown, Including (1) Any Obligation To Take The Property Back Or Reduce The Price, Or (2) Actions For Contribution Or Indemnity, That Buyer Or Its Successors And Assigns May Have Against Seller Or That May Arise In The Future, Based In Whole Or In Part, Upon The Presence Of Toxic Or Hazardous Substances, Materials, Or Wastes Or Other Actual Or Potential Environmental Contaminates On Within Or Under The Surface Of The Property.

Appears in 4 contracts

Samples: Purchase & Sale Agreement, Purchase & Sale Agreement, Purchase & Sale Agreement

AutoNDA by SimpleDocs

That the Purchase Price Reflects. The Existing Condition Of The Property, Including The Presence Of Environmental Contamination, If Any, Thereon, And (iii) Seller Shall Be Under No Obligation Whatsoever To Undertake Any Repair, Alteration, Remediation Or Other Work Of Any Kind With Respect To Any Portion Of The Property. Except As Otherwise Agreed To Herein, Seller Is Hereby Released By Buyer And Its Successors And Assigns Of And From Any And All Responsibility, Liability, Obligations And Claims, Known Or Unknown, Including (1) Any Obligation To Take The Property Back Or Reduce The Price, Or (2) Actions For Contribution Or Indemnity, That Buyer Or Its Successors And Assigns May Have Against Seller Or That May Arise In The Future, Based In Whole Or In Part, Upon The Presence Of Toxic Or Hazardous Substances, Materials, Or Wastes Or Other Actual Or Potential Environmental Contaminates On Within Or Under The Surface Of The Property.,

Appears in 1 contract

Samples: Purchase & Sale Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!