Examples of Subject Property in a sentence
PURCHASER represents and agrees that its purchase of the Subject Property and its other undertakings pursuant to this Agreement are (and the Subject Property, when purchased, shall be used for) for the purpose of redevelopment and not for speculation.
Each of the parties to this Agreement acknowledges to the other that, except as otherwise specifically provided herein, (a) no representations, statement or warranties, express or implied, have been made by, or on behalf of, any such party with respect to such party or with respect to the Subject Property, or with respect to the transactions contemplated by this Agreement, and (b) it has not relied on such representations, statements or warranties.
PURCHASER agrees to take the Subject Property "as is", and in its present condition, subject to any deterioration of any kind, nature or extent, between the date hereof and the Closing Date.
If on the Closing Date, SELLER is unable to convey title in accordance with the terms of this Agreement, or is unable to satisfy any conditions precedent to PURCHASER's obligations under this Agreement (unless PURCHASER accepts such lesser title that SELLER may have or waives satisfaction of any such condition precedent without any reduction or abatement of the Purchase Price), this Agreement shall be terminated and PURCHASER shall not be obligated to purchase the Subject Property.
Report Preparation RK&K will provide an ESA Draft Report for each Subject Property (three total) that will include the results of the above scope of services and will comply with the AAI Standards.