Examples of Condition of the Assets in a sentence
Buyer acknowledges and agrees that, except as expressly set forth herein, Seller makes no representations or warranties whatsoever, whether express or implied or arising by operation of law, with respect to the Assets or the Condition of the Assets.
Condition of the Assets The Disposal Assets are sold on an “as is where is” basis, with all faults or defects, whether or not apparent.
The cost and expense of Buyer’s review of the Assets and Environmental Condition of the Assets will be borne solely by Buyer.
An essential component of easy and unhindered trade is transparency.
Condition of the Assets on the date of saleThe Existing Lessor purchased the Existing Assets in their “as-is, where is” condition on the sale date.
This right may not be exercised more than once every two Years from the time the Specified Assets are shown to have been maintained by the Contractor in accordance with its obligations under Clause 17 (Condition of the Assets and Delivery of the Services).
If the insurer does not offer insurance cover for a new job or occupation, the insurer can cancel the policy.
Buyer will indemnify and hold harmless Seller and its officers, directors, agents, representatives, employees, successors, and assigns against any damages arising from or in connection with Buyer’s examination of the Environmental Condition of the Assets.
Id. Condado confirmed that its obligations "SHALL NOT BE SUBJECT TO ANY CONTINGENCIES, DILIGENCE OR CONDITIONS EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT." Id.Section 7.4(b) of the PSA defined the term "Condition of the Assets" as used in Section 7.4(a).
The Responsible Parties will assess the Condition of the Assets identified for Disposal.Most Assets are expected to be in good Condition; either the asset is working properly or contains useable parts.