Common use of USE AND OPERATION OF PROPERTY Clause in Contracts

USE AND OPERATION OF PROPERTY. Seller knows of no facts nor has Seller failed to disclose to Buyer any fact which would prevent Buyer from using, leasing and operating the Property after Closing in the normal manner in which similar properties in the area are used, operated and leased or in the manner in which the Property has been used, leased and operated prior to the Closing Date.

Appears in 3 contracts

Samples: Memorandum of Agreement (Arden Realty Inc), Agreement of Purchase and Sale (Arden Realty Inc), Agreement of Purchase and Sale (Arden Realty Inc)

AutoNDA by SimpleDocs

USE AND OPERATION OF PROPERTY. Seller knows of no facts nor has Seller failed to disclose to Buyer any fact known to Seller which would prevent Buyer from using, leasing and operating the Property after Closing in the normal manner in which similar properties in the area are used, operated and leased or in the manner in which the Property has been used, leased and operated prior to the Closing Date.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Arden Realty Inc)

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