Common use of AS-IS TRANSFER Clause in Contracts

AS-IS TRANSFER. SMUD acknowledges that, except as expressly contained in this Agreement, neither SRPD nor anyone acting for or on behalf of the SRPD has made any representation, warranty or promise to SMUD concerning the physical aspects or condition of the Easement area; the feasibility or desirability of the Easement area for any particular use; the conditions of soils, sub-soils, groundwater and surface waters; or the presence or absence of any other physical aspect of the Easement area; and that in entering into the Agreement, SMUD has not relied on any representation, statement or warranty of SRPD or anyone acting for or on behalf of SRPD, other than as may be expressly contained in this Agreement, and that all matters concerning the Easement area shall be independently verified by SMUD and that SMUD shall purchase the Easement on SMUD's own examination thereof; and that if SMUD elects to acquire the Easement, is purchasing the Easement in its “as-is” condition and its “as-is” state of repair.

Appears in 2 contracts

Sources: Sales and Purchase Agreement, Sales and Purchase Agreement

AS-IS TRANSFER. SMUD SSWD acknowledges that, except as expressly contained in this Agreement, neither SRPD nor anyone acting for or on behalf of the SRPD has made any representation, warranty or promise to SMUD SSWD concerning the physical aspects or condition of the Easement area; the feasibility or desirability of the Easement area for any particular use; the conditions of soils, sub-soils, groundwater and surface waters; or the presence or absence of any other physical aspect of the Easement area; and that in entering into the Agreement, SMUD SSWD has not relied on any representation, statement or warranty of SRPD or anyone acting for or on behalf of SRPD, other than as may be expressly contained in this Agreement, and that all matters concerning the Easement area shall be independently verified by SMUD SSWD and that SMUD SSWD shall purchase the Easement on SMUDSSWD's own examination thereof; and that if SMUD SSWD elects to acquire the Easement, is purchasing the Easement in its “as-is” condition and its “as-is” state of repair.

Appears in 1 contract

Sources: Sales and Purchase Agreement

AS-IS TRANSFER. SMUD CHWD acknowledges that, except as expressly contained in this Agreement, neither SRPD nor anyone acting for or on behalf of the SRPD has made any representation, warranty or promise to SMUD CHWD concerning the physical aspects or condition of the Easement area; the feasibility or desirability of the Easement area for any particular use; the conditions of soils, sub-soils, groundwater and surface waters; or the presence or absence of any other physical aspect of the Easement area; and that in entering into the Agreement, SMUD CHWD has not relied on any representation, statement or warranty of SRPD or anyone acting for or on behalf of SRPD, other than as may be expressly contained in this Agreement, and that all matters concerning the Easement area shall be independently verified by SMUD CHWD and that SMUD CHWD shall purchase the Easement on SMUDCHWD's own examination thereof; and that if SMUD CHWD elects to acquire the Easement, is purchasing the Easement in its “as-is” condition and its “as-is” state of repair.

Appears in 1 contract

Sources: Sales and Purchase Agreement