Conforming Property Sample Clauses
The Conforming Property clause defines the standards or conditions that a property must meet to be considered acceptable under the terms of an agreement. Typically, this clause outlines specific requirements such as compliance with zoning laws, absence of structural defects, or adherence to certain environmental standards. For example, it may require that the property be free from liens or that it passes all necessary inspections before closing. The core function of this clause is to ensure that the property being transferred or leased meets agreed-upon criteria, thereby protecting the parties from unexpected issues or liabilities related to the property's condition.
Conforming Property. The Property shall conform in all respects with the specifications or the University’s Solicitation. In the event of non-conformity, and without limiting any other remedy available to the University, the University shall have no financial obligation in regard to the non-conforming goods or services.
Conforming Property. The Property shall conform in all material respects with the requirements of the District's Solicitation. In the event of non-conformity, and without limitation upon any other remedy, the District shall have no financial obligation regarding the non-conforming goods or services. Additionally, upon notification by the District, the Contractor shall pay all costs for the removal of nonconforming Property from District premises.
Conforming Property. The Property shall conform in all respects with the specifications or the State's solicitation documents. In event of nonconformity, and without limitation upon any other remedy, the State shall have no financial obligation in regard to the non-conforming goods or services.
Conforming Property. Notwithstanding anything herein to the contrary, if the Partnership excercises its rights under Section 10.3(c) above with respect to any Non-Conforming Property other than due to a title defect (pursuant to Section 3.3) or a misrepresentation or breach of any environmental representation, warranty or covenant (as set forth in Section 7.13), then the Sellers shall have the option of declaring this Agreement null and void with respect to all Properties.