Seller’s Disclosures definition
Examples of Seller’s Disclosures in a sentence
The Seller’s Disclosures shall include full and complete copies of any and all Intangible Property, together with detailed statements, summaries, and supplemental information as to such Intangible Property.
Seller represents, warrants, covenants, and certifies to Purchaser that the Seller’s Disclosures, upon delivery, will be complete and consist of everything that is in Seller’s possession, however, Seller does not warrant or make any representation to Purchaser regarding the truthfulness or accuracy of any of the Seller’s Disclosures that were not prepared or produced by Seller.
Seller reserves the right to modify any CIC Documents prior to Closing, in its reasonable discretion, and no later than the Seller’s Disclosures Deadline, Seller will provide to Buyer a copy of all final versions of the CIC Documents, including all modifications to prior drafts.
In the event Seller has not delivered any of the foregoing documents to Buyer on or before the Seller’s Disclosures Deadline, ▇▇▇▇▇ shall deliver written notice to Seller requesting such documents.
If after the Environmental Review Period but before Closing Purchaser becomes aware of an Environmental Condition not disclosed by the Phase I Reports, the Purchaser’s Environmental Review or Seller’s Disclosures, Purchaser shall so notify Seller within ten (10) days of discovery of the undisclosed Environmental Condition.
Purchaser shall also hold as confidential and not disclose any information learned from the Phase I Reports, the Purchaser Environmental Review, or Seller’s Disclosures.
Buyer’s obligation to purchase under this Agreement is conditioned upon Buyer’s approval of the content of all of the Seller’s Disclosures referred to in paragraph 9 above, and Buyer’s satisfactory completion of such evaluations and inspections as Buyer may deem reasonably necessary in its sole and absolute discretion (“the Approvals”).
A copy of all soil reports, engineering reports, plans, specifications, structural reports and inspections and other information pertaining to the Real Property, including without limitation any additional information regarding Seller’s Disclosures set forth in Paragraph 7.
Attached Legal Description, Well Share Agreement (if applicable), Seller’s Disclosures.
Purchaser agrees that it shall not rely on Seller’s Disclosures, but shall instead rely solely on Purchaser's due diligence review and inspection to determine the condition of the Assets and whether to purchase the Assets.