Examples of Property Agreements in a sentence
Seller and, to Seller’s knowledge, all other parties to Operating Agreements or Leased Property Agreements have performed all of their obligations thereunder in all material respects and are not in default thereunder in any material respect.
Subject to the waivers, acknowledgments, agreements, and releases by Seller in this Agreement, Purchaser shall defend and hold Seller harmless for any and all claims of third parties which are attributable to the Property and its operation and relate to any period from and after Closing, including, without limitation, liabilities for Taxes, employee liabilities, contractual defaults under the Operating Agreements, Occupancy Agreements and Leased Property Agreements, and injury to persons or property.
Seller has neither received nor delivered and, to Seller’s knowledge, Manager has neither received nor delivered, any written notice of an uncured default under the Operating Agreements and Leased Property Agreements.
Seller has delivered to Purchaser true, correct and complete, in all material respects, copies of (a) all Material Agreements and Leased Property Agreements (together with all amendments thereto and modifications thereof), and (b) to Seller’s knowledge, all other Operating Agreements (together with all amendments thereto and modifications thereof), in Seller’s possession or control and, to Seller’s knowledge, all such Operating Agreements and Leased Property Agreements are in full force and effect.
Purchaser further acknowledges that Seller is relying on Manager to provide copies of the Property Agreements.