Condition of Units Sample Clauses

Condition of Units. Up to the Time of Closing, all apartment units on the Property which become vacant shall be maintained in accordance with the Transferor Partnership's usual and customary practice without regard to the Closing contemplated by this Agreement. Except as otherwise specifically provided herein, the BRI Partnership acknowledges and agrees that all properties with units will be delivered in "as is" condition.
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Condition of Units a. Owner maintenance and operation The owner must maintain and operate the contract units and premises to provide decent, safe and sanitary housing in accordance with the HQS, including performance of ordinary and extraordinary maintenance. The owner must provide all the services, maintenance and utilities set forth in Exhibits B and C, and in the lease with each assisted family.
Condition of Units. Up to the Time of Closing, all apartment units on the Property which become vacant shall, if necessary, be repaired or otherwise maintained in accordance with the Transferor Company's usual and customary practice without regard to the Closing contemplated by this Agreement.
Condition of Units. Each Unit when returned to Lessor shall be (except for additions, modifications and improvements which Lessee is entitled or required to make in accordance with the terms of this Lease) in the condition in which such Unit is required to be maintained pursuant to Section 11.1; provided, each Unit when returned to Lessor pursuant to Section 9.1 shall in all events:
Condition of Units. 8 6.3 Storage. . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 SECTION 7. LIENS. . . . . . . . . . . . . . . . . . . . . . . . . . . . .9
Condition of Units. Each Unit when surrendered to the Lessor pursuant to Section 6.1 shall be in the condition required by Section 8.1 (as then currently tooled) and free and clear of all Liens, other than Lessor's Liens, with all Severable Modifications that are not Required Modifications to which title was retained by the Lessee pursuant to Section 9.2 having been removed from such Unit and with any damage caused by such removal having been repaired. All logs, documents, instruments, specifications, manuals, drawings, records, books, service bulletins and other materials relating to such Unit and the use, damage, repair and maintenance of such Unit shall be surrendered to the Lessor or its designee upon the surrender of such Unit. In addition, all licenses, patents and similar rights necessary for the operation of each Unit by a third party shall be assigned or conveyed to the Lessor or its designee upon surrender of such Unit.
Condition of Units. No event or condition currently exists that (i) presently adversely affects the operation or maintenance of any of the Units (whether taken together as a functional whole or individually) or (ii) causes the Lessee to believe that the functional ability of the Units (whether taken together as a functional whole or individually) is less than the functional ability for which the Units were designed.
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Condition of Units. The Owner shall ensure that each Unit is suitable for occupancy, is similarly constructed, and contains living, sleeping, eating, cooking, and sanitation facilities for an individual or family.
Condition of Units. Purchaser is a sophisticated investor and its valuation of, and decision to purchase, the Units is based upon its own independent expert evaluations of such facts and materials deemed relevant by Purchaser and its agents. Other than the representations and warranties of Seller specifically set forth herein, Purchaser has not relied in entering into this Agreement upon any oral or written information from Seller, in any capacity, or any of its employees, affiliates, agents, consultants, advisors or representatives, including, without limitation, any appraisals, projections or evaluations of credit quality prepared by Seller or any of its employees, affiliates, agents, consultants, advisors or representatives. Purchaser further acknowledges that no employee, affiliate, agent, consultant, advisor or representative of Seller has been authorized to make, and that Purchaser has not relied upon, any statements or representations other than those specifically contained in this Agreement. Without limiting the generality of the foregoing, Purchaser acknowledges and agrees that, except as expressly set forth in Section 10.2 hereof, Purchaser is purchasing the Units "as is" and "where is" on the Closing Date (and subject to all Local Law 5 Violations), and, except as expressly set forth in this Agreement, Seller is making no representation or warranty, express or implied, and Purchaser has not relied on any representation or warranty, express or implied, regarding the Units, including, without limitation, any representation or warranty with respect to (a) the business or financial condition of any tenant of the Units, (b) the physical condition of the Personal Property or the Units or their fitness, merchantability or suitability for any use or purpose, (c) the Leases, rents, income or expenses of the Units, (d) the compliance or non-compliance with any laws, codes, ordinances, rules or regulations of any Governmental Authority and any violations thereof or (e) the current or future use of the Units, including, but not limited to, the Units' use for commercial, office, retail, industrial or other purposes. Except as specifically set forth in this Agreement, Seller is not liable or bound in any manner by any verbal or written statements, representations, real estate brokers' "set-ups," offering memorandum or information pertaining to the Units furnished by any real estate broker, advisor, consultant, agent, employee, representative or other Person. Purchaser further ac...
Condition of Units. To the knowledge of Seller, the Units are structurally sound, are in good operating condition and repair and none of such Units are in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
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