Common use of Existing Conditions Clause in Contracts

Existing Conditions. Tenant accepts the Property in its ------------------- condition as of the execution of the Lease, subject to all recorded matters, laws, ordinances, and governmental regulations and orders. Except as provided herein or in the Recapitalization Agreement dated July 1, 1997 by and among Enterprise Partners III, L.P., a Delaware limited partnership, Enterprise Partners III Associates, L.P., a Delaware limited partnership, Enterprise Partners IV, L.P., a Delaware limited partnership, Enterprise Partners IV Associates, L.P., a Delaware limited partnership, Enterprise Management Partners Corporation, a California corporation, EP Texas Company, LLC, a Texas limited liability company, Xxxxxxxx X. Xxxxxxxx, Xx., Xxxx Xxxxxxx Xxxxxxxx, Bed Rock International, Inc., a Texas corporation, Xxxxxxxx Manufacturing Company, Inc., a Texas corporation, and Spectrum Polymers, Ltd., a Texas limited partnership, Tenant acknowledges that neither Landlord nor any agent of Landlord has made any representation as to the condition of the Property or the suitability of the Property for Tenant's intended use. Tenant represents and warrants that Tenant has made its own inspection of and inquiry regarding the condition of the Property and is not relying on any representations of Landlord or any Broker with respect thereto. If Landlord or Landlord's Broker has provided a Property Information Sheet or other Disclosure Statement regarding the Property, a copy is attached as an exhibit to the Lease.

Existing Conditions. Tenant accepts the Property in its ------------------- condition as of the execution of the Lease, subject to all recorded matters, laws, ordinances, and governmental regulations and orders. Except as provided herein or in the Recapitalization Agreement dated July 1, 1997 by and among Enterprise Partners III, L.P., a Delaware limited partnership, Enterprise Partners III Associates, L.P., a Delaware limited partnership, Enterprise Partners IV, L.P., a Delaware limited partnership, Enterprise Partners IV Associates, L.P., a Delaware limited partnership, Enterprise Management Partners Corporation, a California corporation, EP Texas Company, LLC, a Texas limited liability company, Xxxxxxxx X. Xxxxxxxx, Xx., Xxxx Xxxxxxx Xxxxxxxx, Bed Rock International, Inc., a Texas corporation, Xxxxxxxx Manufacturing Company, Inc., a Texas corporation, and Spectrum Polymers, Ltd., a Texas limited partnership, Tenant acknowledges that neither Landlord nor any agent of Landlord has made any representation as to the condition of the Property or the suitability of the Property for TenantXxxxxx's intended use. Tenant represents and warrants that Tenant has made its own inspection of and inquiry regarding the condition of the Property and is not relying on any representations of Landlord or any Broker with respect thereto. If Landlord or Landlord's Broker has provided a Property Information Sheet or other Disclosure Statement regarding the Property, a copy is attached as an exhibit to the Lease.