Common use of Buyers Examination Clause in Contracts

Buyers Examination. Buyer is relying solely upon its own examination of the Real Property and inspections in determining its physical condition, character, and suitability for Buyer’s intended use of the Real Property and is not relying upon any representation by Seller or any broker, except for those made by Seller directly to Buyer in writing. Buyer agrees and acknowledges that it is accepting the Real Property “AS IS” subject to all faults of every kind and nature whatsoever, whether latent or patent, and whether now or hereafter existing, and Buyer acknowledges that it has based its decision to purchase the Real Property solely upon information obtained independently by Buyer. Buyer shall acquire the Real Property subject to all laws imposed upon the Real Property by any governmental or quasi-governmental authority having jurisdiction thereof. Buyer represents and warrants to Seller that Buyer has not relied, and will not rely, upon the representation or statement, or the failure to make any representation or statement, by Seller or Seller’s agents, employees or by any person acting or purporting to act on the behalf of Seller with respect to the physical condition of the Real Property.

Buyers Examination. Buyer is relying solely upon its own examination of the Real Property and inspections in determining its physical condition, character, and suitability for Buyer’s intended use of the Real Property and is not relying upon any representation by Seller or any broker, except for those made by Seller directly to Buyer in writing. Buyer Xxxxx agrees and acknowledges that it is accepting the Real Property “AS IS” subject to all faults of every kind and nature whatsoever, whether latent or patent, and whether now or hereafter existing, and Buyer Xxxxx acknowledges that it has based its decision to purchase the Real Property solely upon information obtained independently by BuyerXxxxx. Buyer shall acquire the Real Property subject to all laws imposed upon the Real Property by any governmental or quasi-governmental authority having jurisdiction thereof. Buyer represents and warrants to Seller that Buyer has not relied, and will not rely, upon the representation or statement, or the failure to make any representation or statement, by Seller or Seller’s agents, employees or by any person acting or purporting to act on the behalf of Seller with respect to the physical condition of the Real Property.