Common use of WAIVER OF SECTION 1542 PROTECTIONS Clause in Contracts

WAIVER OF SECTION 1542 PROTECTIONS. As of the Closing, the Partnership expressly acknowledges that it has had, or has had and waived, the opportunity to be advised by independent legal counsel and hereby waives and relinquishes all rights and benefits afforded by Section 1542 of the California Civil Code and does so understanding and acknowledging the significance and consequence of such specific waiver of Section 1542 which provides:

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Douglas Emmett Inc), Agreement and Plan of Merger (Douglas Emmett Inc), Agreement and Plan of Merger (Douglas Emmett Inc)

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WAIVER OF SECTION 1542 PROTECTIONS. As of the Closing, Contributor and the Operating Partnership each expressly acknowledges that it has had, or has had and waived, the opportunity to be advised by independent legal counsel and hereby waives and relinquishes all rights and benefits afforded by Section 1542 of the California Civil Code and does so understanding and acknowledging the significance and consequence of such specific waiver of Section 1542 which provides:

Appears in 2 contracts

Samples: Contribution Agreement (Maguire Properties Inc), Contribution Agreement (Maguire Properties Inc)

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WAIVER OF SECTION 1542 PROTECTIONS. As of the Closing, Contributor and the Operating Partnership (on behalf of itself and the Company) each expressly acknowledges that it has had, or has had and waived, the opportunity to be advised by independent legal counsel and hereby waives and relinquishes all rights and benefits afforded by Section 1542 of the California Civil Code and does do so understanding and acknowledging the significance and consequence of such specific waiver of Section 1542 which provides:

Appears in 1 contract

Samples: Contribution Agreement (BioMed Realty Trust Inc)

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