Common use of Underground Storage Tank Clause in Contracts

Underground Storage Tank. Seller has informed Buyer, and Buyer acknowledges, that the Property includes [__] operational [__] gallon underground tank[s] used for the storage of diesel fuel. Buyer acknowledges, subject to Buyer’s right to perform Due Diligence pursuant to this Agreement and to terminate this Agreement pursuant to the foregoing paragraph, that it is a material factor in Seller’s acceptance of the Purchase Price that Buyer agree to accept said tank with the Property.

Underground Storage Tank. Seller has informed Buyer, and Buyer acknowledges, that the Property includes [__] an operational [__] 10,000-gallon underground tank[s] tank used for the storage of diesel fuel. Buyer acknowledges, subject to Buyer’s right to perform Due Diligence pursuant to this Agreement and to terminate this Agreement pursuant to the foregoing paragraph, that it is a material factor in Seller’s acceptance of the Purchase Price that Buyer agree to accept said tank with the Property.

Underground Storage Tank. Seller has informed Buyer, and Buyer acknowledges, that the Property includes [__one (1) operational 10,000 gallon] operational [__] gallon underground tank[s] tank used for the storage of diesel fuel. Buyer acknowledges, subject to Buyer’s right to perform Due Diligence pursuant to this Agreement and to terminate this Agreement pursuant to the foregoing paragraph, that it is a material factor in Seller’s acceptance of the Purchase Price that Buyer agree to accept said tank with the Property.. 4.7