Common use of Waiver and Further Assurances Clause in Contracts

Waiver and Further Assurances. The Purchaser hereby acknowledges that it is a sophisticated purchaser of real properties and that it is aware of all disclosures the Seller is or may be required to provide to the Purchaser in connection with the transactions contemplated hereby pursuant to any law, rule or regulation (including those of Massachusetts and those of the state in which the Property is located). The Purchaser hereby acknowledges that, prior to the execution of this Agreement, the Purchaser has had access to all information necessary to acquire the Property and the Purchaser acknowledges that the Seller has fully and completely fulfilled any and all disclosure obligations with respect thereto. The Purchaser hereby fully and completely discharges the Seller from any further disclosure obligations whatsoever relating to the Property. In addition to the actions recited herein and contemplated to be performed, executed, and/or delivered by the Seller and the Purchaser, the Seller and the Purchaser agree to perform, execute and/or deliver or cause to be performed, executed and/or delivered at the Closing or after the Closing any and all such further acts, instruments, deeds and assurances as may be reasonably required to establish, confirm or otherwise evidence the Seller’s satisfaction of any disclosure obligations or to otherwise consummate the transactions contemplated hereby.

Appears in 52 contracts

Samples: Purchase and Sale Agreement (CommonWealth REIT), Purchase and Sale Agreement (Senior Housing Properties Trust), Purchase and Sale Agreement (Senior Housing Properties Trust)

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Waiver and Further Assurances. The Purchaser hereby acknowledges that it is a sophisticated purchaser of real properties property and that it is aware of all disclosures the Seller is or may be required to provide to the Purchaser in connection with the transactions contemplated hereby pursuant to any lawLaw, rule or regulation (including those of Massachusetts Maryland and those of the state in which the any Property is located). The Purchaser hereby acknowledges that, prior to the execution of this Agreement, the Purchaser has had access to all information necessary to acquire the Property Owners and the Purchaser acknowledges that the Seller has fully and completely fulfilled any and all disclosure obligations with respect thereto. The Except as expressly required hereby, Purchaser hereby fully and completely discharges the Seller from any further disclosure obligations whatsoever relating to the any Property Owner or Property. In addition to the actions recited herein and contemplated to be performed, executed, and/or delivered by the Seller and the Purchaser, the Seller and the Purchaser agree to perform, execute and/or deliver or cause to be performed, executed and/or delivered at the Closing or after the Closing any and all such further acts, instruments, deeds and assurances as may be reasonably required to establish, confirm or otherwise evidence the Seller’s 's satisfaction of any disclosure obligations or to otherwise consummate the transactions contemplated hereby.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Senior Housing Properties Trust), Purchase and Sale Agreement (Select Income REIT)

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Waiver and Further Assurances. The Purchaser hereby acknowledges that it is a sophisticated purchaser of real properties and that it is aware of all disclosures the Seller is Sellers are or may be required to provide to the Purchaser in connection with the transactions contemplated hereby pursuant to any law, rule or regulation (including those of Massachusetts and those of the state in which the each Property is located). The Purchaser hereby acknowledges that, prior to the execution of this Agreement, the Purchaser has had access to all information necessary to acquire the Property Properties and the Purchaser acknowledges that the Seller has Sellers have fully and completely fulfilled any and all disclosure obligations with respect thereto. The Purchaser hereby fully and completely discharges the Seller Sellers from any further disclosure obligations whatsoever relating to the PropertyProperties. In addition to the actions recited herein and contemplated to be performed, executed, and/or delivered by the Seller Sellers and the Purchaser, the Seller Sellers and the Purchaser agree to perform, execute and/or deliver or cause to be performed, executed and/or delivered at the Closing or after the Closing any and all such further acts, instruments, deeds and assurances as may be reasonably required to establish, confirm or otherwise evidence the Seller’s Sellers’ satisfaction of any disclosure obligations or to otherwise consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Purchase and Sale Agreement (HRPT Properties Trust)

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