Common use of Consent Agreement Clause in Contracts

Consent Agreement. Pre-1978 Certified . The provisions of this Section 15.3 apply to those Properties identified on the Seller Information Schedule as “Pre-1978-Certified.” Testing has been performed at each Property identified as “Pre-1978, Certified” with respect to lead-based paint. The “LBP Consultant” identified on the Seller Information Schedule prepared the Report with respect to the Property identified therein. A copy of each report will be provided to Purchaser with the Materials. Each Report certifies the respective Property as lead based paint free. By execution hereof, Purchaser acknowledges receipt of a copy of the Reports, the Lead-Based Paint Disclosure Statement attached hereto as Exhibit H, and acknowledges receipt of the Consent Agreement. Because the applicable Property has been certified as lead based paint free, the applicable Seller is not required under the Consent Agreement to remediate or xxxxx any lead-based paint condition at its Property prior to the Closing. Purchaser acknowledges and agrees that (1) after Closing, Purchaser and the applicable Property shall be subject to the Consent Agreement and the provisions contained herein related thereto and (2) Purchaser shall not be deemed to be a third party beneficiary to the Consent Agreement.

Consent Agreement. Pre-1978 Certified . The provisions With respect to the Arbours of this Section 15.3 apply to those Properties identified on Hermitage Property and the Seller Information Schedule as “Pre-1978-Certified.” Testing Parktown Townhouse Property, testing has been performed at each Property identified as “Pre-1978, Certified” such applicable property with respect to presence of lead-based paint. The remainder of the Properties were built after 1978 and thus do not contain lead based paint. The “LBP Consultant” identified on the Seller Information Schedule prepared the Report with respect to the Property identified therein. A copy of each report Report with respect to the Property will be provided to Purchaser with the Materials. Each Report certifies the respective Property as lead based paint free. By execution hereof, Purchaser acknowledges receipt of a copy of the Reports, the Lead-Based Paint Disclosure Statement attached hereto as Exhibit H, and acknowledges receipt of the Consent Agreement. Because the applicable Property has been certified as lead based paint free, the applicable Seller is not required under the Consent Agreement to remediate or xxxxx any lead-based paint condition at its Property prior to the Closing. Purchaser acknowledges and agrees that (1) after Closing, Purchaser and the applicable Property shall be subject to the Consent Agreement and the provisions contained herein related thereto and (2) Purchaser shall not be deemed to be a third party beneficiary to the Consent Agreement.

Consent Agreement. Pre-1978 Certified Certified. The provisions of this Section 15.3 apply to those Properties identified on the Seller Information Schedule as “Pre-1978-Certified.” Testing has been performed at each Property identified as “Pre-1978, Certified” with respect to lead-based paint. The “LBP Consultant” identified on the Seller Information Schedule prepared the Report with respect to the Property identified therein. A copy of each report will be provided to Purchaser with the Materials. Each Report certifies the respective Property as lead based paint free. By execution hereof, Purchaser acknowledges receipt of a copy of the Reports, the Lead-Based Paint Disclosure Statement attached hereto as Exhibit H, and acknowledges receipt of the Consent Agreement. Because the applicable Property has been certified as lead based paint free, the applicable Seller is not required under the Consent Agreement to remediate or xxxxx abate any lead-based paint condition at its Property prior to the Closing. Purchaser acknowledges and agrees that (1) after Closing, Purchaser and Purchasxx xxd the applicable Property shall be subject to the Consent Agreement and the provisions contained herein related thereto and (2) Purchaser shall not be deemed to be a third party beneficiary to the Consent Agreement.