Common use of Snowmass Resort Clause in Contracts

Snowmass Resort. Purchaser acknowledges that the Project is located adjacent to the Snowmass Resort, a destination resort with skiing, snowboarding, tubing, snowshoeing, mountain biking, hiking and other recreational and entertainment activities and facilities. The operation of the Snowmass Resort may create certain nuisances and risks to the Project, the Snowmass Base Village, owners and their guests, including but not limited to, snowmaking, snow grooming, offensive noises, lighting and odors, damage to real and personal property, and personal injury and death. Neither Seller nor any of its employees, agents, brokers or sales agents have made any representations regarding the Snowmass Resort, including, without limitation, opening or closing dates, the hours of operation, any ski-in or ski-out access to Snowmass Resort, the use of skiing or other recreational facilities of Snowmass Resort, or ownership and operation of Snowmass Resort, and Purchaser hereby waives and disclaims any right to rescind this Agreement and any and all other claims against Seller with respect to any such matters. The future ownership, operation or configuration of, or right to use any Snowmass Resort facility may change at any time and from time to time for any reason. No owner of a residential unit within the Project shall have any right to use any Snowmass Resort facility, including without limitation the Snowmass Resort ski area, solely by virtue of such owner's ownership of the Unit or membership in the Association.

Appears in 11 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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