Common use of Premises Condition Clause in Contracts

Premises Condition. Sublessee accepts the Subleased Premises in their present condition as of the Commencement Date (as hereinafter defined), subject to all applicable legal restrictions, the rules and regulations affecting the Premises promulgated by Landlord from time to time and the terms, conditions and provisions of this Sublease. Sublessor has made no warranty or representation as to the suitability of the Subleased Premises for the conduct of Sublessee's business. The taking of possession of the Subleased Premises by Sublessee shall evidence Sublessee's acceptance of the Subleased Premises and shall estop Sublessee from claiming that the Subleased Premises were not in good repair and condition at the time of the Commencement Date. Sublessee agrees to assume all costs imposed on Sublessor by Landlord or an authorized agent thereof to make all Alterations, as defined in Section 22 of this Sublease, in compliance with applicable federal, state or local laws and regulations, including but not limited to the American's with Disabilities Act (ADA), CERCLA, all applicable OSHA regulations and any other applicable laws, regulations or ordinances. Sublessee acknowledges and agrees that it has inspected the Premiss and agrees to accept same in its present condition, "AS IS" and "WITH ALL FAULTS."