Common use of Fixed Assets and Inventory Clause in Contracts

Fixed Assets and Inventory. The Assets conveyed by this Agreement are conveyed in an "as is" condition and no warranty as to condition or fitness is made except that Seller warrants that it has no knowledge of any condition or state of the Assets which would have a material adverse effect on the Assets.

Fixed Assets and Inventory. The Assets conveyed by this Agreement are conveyed in an "as is" condition and no warranty as to condition or fitness is made except that Seller warrants that it has no knowledge of any condition or state of the Assets which would have a material adverse effect on the Assets, taken as a whole.