Property “As Is definition

Property “As Is. BUYER SHALL PURCHASE THE PROPERTY, INCLUDING THE IMPROVEMENTS ON THE LAND, IN ITS “AS IS” CONDITION AS OF THE EFFECTIVE DATE OF THIS CONTRACT. BUYER HEREBY ACKNOWLEDGES THAT SELLER MAKES NO WARRANTIES OR REPRESENTATIONS, EXPRESSED OR IMPLIED, AS TO THE CONDITION OF THE PROPERTY, EXCEPT AS EXPRESSLY PROVIDED IN THIS CONTRACT AND ANY CLOSING DOCUMENTS DELIVERED PURSUANT TO THIS CONTRACT.
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Examples of Property “As Is in a sentence

  • Except as otherwise expressly set forth in this Agreement or in written disclosures to Buyer signed by Seller, (i) Seller does not make, and expressly disclaims, any representation or warranty, express or implied, regarding the Property, and (ii) Buyer acknowledges and agrees that Seller is selling the Property “As Is, Where Is, With All Faults and Limitations” and Seller shall have no liability for or any obligation to make any repairs or improvements of any kind to the Property.

  • Except as otherwise expressly set forth in this Agreement or in written disclosures to Buyer executed by ▇▇▇▇▇▇, ▇▇▇▇▇ acknowledges and agrees that Seller is selling the Property “As Is, Where Is, With All Faults and Limitations” and Seller shall have no liability for or any obligation to make any repairs or improvements of any kind to the Property.

  • Seller sells and conveys to Buyer and Buyer accepts the Property “As Is, Where Is,” with all faults, and there are no oral agreements, warranties or representations collateral to or affecting the Property to Buyer by Seller or any third party.

  • Except for any representations and warranties of Seller expressly set forth in this Agreement or in written disclosures to Buyer executed by Seller, ▇▇▇▇▇ acknowledges and agrees that Seller is selling the Property “As Is, Where Is, With All Faults and Limitations” and Seller shall have no liability for or any obligation to make any repairs or improvements of any kind to the Property.

  • As a material part of the consideration to be received by the Seller under the Agreement as negotiated and agreed to by the Buyer and the Seller, the Buyer acknowledges and agrees to accept the Property “As Is, Where Is, With All Faults and Limitations” including, without limitation, any defects or environmental conditions affecting the Property, whether known or unknown, and whether such defects or conditions were discoverable through inspection or not.

  • Notwithstanding any provision to the contrary, Buyer shall purchase the Real Property “As Is, Where Is” without warranties related to the condition of the Real Property or its fitness for a particular use.

  • Seller sells and conveys to Buyer and ▇▇▇▇▇ accepts the Property “As Is, Where Is,” with all faults, and there are no oral agreements, warranties or representations collateral to or affecting the Property to Buyer by Seller or any third party.

  • Transfer by Seller to Purchaser of the foregoing Assets listed in this Article 1 shall be made at closing by Seller’s execution, acknowledgment and delivery to Purchaser of a Bill of Sale conveying the Personal Property “As Is - Where Is” without any express or implied warranty, an assignment of all Leases and Contracts and of the ownership of the LLC and any other instruments as may be reasonably required to convey to Purchaser the LLC, the Business and the Assets, all “As Is – Where IS”.

Related to Property “As Is

  • Real Property Assets means as to any Person as of any time, the real property assets (including, without limitation, interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Real Property Asset means, at any time of determination, any interest then owned by any Loan Party in any real property.

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  • Intellectual Property Assets means all Intellectual Property that is owned by Seller and used in or necessary for the conduct of the Business as currently conducted.

  • Intellectual Property Asset means, at the time of determination, any interest (fee, license or otherwise) then owned by any Credit Party in any Intellectual Property.