Waiver of Seller Disclosure Statement Sample Clauses

Waiver of Seller Disclosure Statement. Washington law (RCW 64.06) requires Seller to provide Buyer with a completed seller disclosure statement. RCW 64.06 provides that Buyer may waive its right to receive the seller disclosure statement. However, if the answer to any of the questions in the section entitled “Environmental” would be “yes,” Buyer may not waive the receipt of the “Environmental” section of the seller disclosure statement. By executing this Agreement, Buyer acknowledges that it has received the “Environmental” section of the seller disclosure statement and Buyer waives its right to receive the balance of the completed seller disclosure statement.
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Waiver of Seller Disclosure Statement. The Property constitutes “commercial real estate” as defined in RCW 64.06.005. Pursuant to RCW 64.06.010(7), Purchaser hereby expressly waives any right to receive the seller disclosure statement that would otherwise be required under RCW 64.06.013 for sale of commercial real estate, unless such waiver is prohibited because of Seller’s knowledge of environmental matters related to the Property, in which case Seller shall provide to Purchaser that portion of the seller disclosure statement required pursuant to RCW 64.06.013. The environmental section of the seller disclosure statement is attached to this Agreement as Exhibit B (the “Disclosure Statement”). Seller agrees to complete and return the Disclosure Statement to Purchaser within five (5) business days after the Effective Date, and the parties acknowledge that Seller’s answers under the Disclosure Statement will be deemed made to Seller’s actual knowledge. Purchaser waives its right to rescind the Agreement under RCW 64.06.030. Purchaser further acknowledges and agrees that the Disclosure Statement (i) is for the purposes of disclosure only, (ii) will not be considered part of this Agreement, and (iii) will not be construed as a representation or warranty of any kind by the Seller.
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Waiver of Seller Disclosure Statement. Pursuant to RCW 64.06, as amended by Chapter 64, laws of 2010, Buyer hereby waives its right to receive the seller disclosure statement referred to therein with respect to the property. Any seller disclosure information provided is not binding on the Seller but provided as a courtesy. It is the intent of Buyer that any Seller Disclosure Statement provided by Seller will not be relied upon by Xxxxx, and shall give Buyer no rights with respect to Seller or under this Agreement. This waiver of the right to the disclosure statement or rights held thereunder applies to the Seller Disclosure Statement, if any, provided to Buyer during this Agreement and applies prospectively to any updated or revised Seller Disclosure Statements that may be provided by Seller to Buyer. These provisions shall survive the Closing.
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Waiver of Seller Disclosure Statement. [FOR PROPERTIES IN WA, ADD PROVISIONS AS APPROPRIATE TO COMPLY WITH THE REQUIREMENT FOR SELLER TO PROVIDE A SELLER DISCLOSURE STATEMENT UNDER RCW CHAPTER 64.06 (EXCEPT TO THE EXTENT EXCLUDED UNDER RCW 64.06.010). THERE ARE DIFFERENT FORMS OF DISCLOSURE STATEMENTS FOR COMMERCIAL PROPERTY, UNIMPROVED RESIDENTIAL PROPERTY AND IMPROVED RESIDENTIAL PROPERTY. THE PROVISIONS BELOW ARE FOR COMMERCIAL PROPERTY.] [[IF SELLER WOULD NOT HAVE TO ANSWER “YES” TO ANY OF THE QUESTIONS UNDER THE ENVIRONMENTAL SECTION OF THE SELLER DISCLOSURE STATEMENT, THE WAIVER COULD BE WORDED AS FOLLOWS:] Xxxxx and Seller agree and acknowledge that the Real Property constitutes “Commercial Real Estate” as defined in RCW 64.06.005. Xxxxx has been advised of its right to receive a completed seller disclosure statement (the “Seller Disclosure Statement”) about the Real Property pursuant to RCW Chapter 64.06. Seller represents and warrants that it would not have answered “Yes” to any of the disclosure questions in the “Environmental” section of the statutory form of the Seller Disclosure Statement. Buyer hereby waives (a) the right to receive the Seller Disclosure Statement from Seller pursuant to RCW Chapter 64.06, and (b) the right to rescind this Agreement based on Buyer’s lack of receipt of such a seller disclosure statement.] [[IF SELLER WOULD HAVE TO ANSWER “YES” TO ANY OF THE QUESTIONS UNDER THE ENVIRONMENTAL SECTION OF THE SELLER DISCLOSURE STATEMENT, THE WAIVER MIGHT BE WORDED AS FOLLOWS:] Xxxxx and Seller agree and acknowledge that the Real Property constitutes “Commercial Real Estate” as defined in RCW 64.06.005. Xxxxx has been advised of its right to receive a completed seller disclosure statement (the “Seller Disclosure Statement”) about the Real Property pursuant to RCW Chapter 64.06. Buyer hereby waives the right to receive the Seller Disclosure Statement from Seller pursuant to RCW Chapter 64.06. Notwithstanding such waiver, Seller will provide the Seller Disclosure Statement, with only the section entitled “Environmental” to Buyer within two
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Waiver of Seller Disclosure Statement. Bosa hereby waives any right it may have under Applicable Law to receive the Seller Disclosure Statement described in Ch. 64.06 RCW, and City represents and warrants to Bosa that it would not be required to answer “yes” to any question contained therein related to environmental matters; provided, however, that the foregoing waiver shall not preclude City from voluntarily delivering to Bosa any Seller Disclosure Statement that may be required under Ch. 64.06
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Related to Waiver of Seller Disclosure Statement

  • Risk Disclosure Statement Counterparty represents and warrants that it has received, read and understands the OTC Options Risk Disclosure Statement provided by Dealer and a copy of the most recent disclosure pamphlet prepared by The Options Clearing Corporation entitled “Characteristics and Risks of Standardized Options”.

  • Disclosure Statement A disclosure statement of the Property signed and dated by the Seller;

  • Company Disclosure Schedule Article 3.............................................10

  • Disclosure Schedule References The parties hereto agree that any reference in a particular Section of either the Company Disclosure Schedule or the Parent Disclosure Schedule shall only be deemed to be an exception to (or, as applicable, a disclosure for purposes of) (a) the representations and warranties (or covenants, as applicable) of the relevant party that are contained in the corresponding Section of this Agreement, and (b) any other representations and warranties of such party that is contained in this Agreement, but only if the relevance of that reference as an exception to (or a disclosure for purposes of) such other representations and warranties would be readily apparent to a reasonable person who has read that reference and such representations and warranties, without any independent knowledge on the part of the reader regarding the matter(s) so disclosed.

  • Company Disclosure Letter The Company Disclosure Letter shall be arranged to correspond to the Articles and Sections of this Agreement, and the disclosure in any portion of the Company Disclosure Letter shall qualify the corresponding provision in Article III and any other provision of Article III to which it is reasonably apparent on the face of the disclosure that such disclosure relates. No disclosure in the Company Disclosure Letter relating to any possible non-compliance, breach or violation of any Contract or Law shall be construed as an admission that any such non-compliance, breach or violation exists or has actually occurred. In the Company Disclosure Letter, (a) all capitalized terms used but not defined therein shall have the meanings assigned to them in this Agreement and (b) the Section numbers correspond to the Section numbers in this Agreement.

  • Notification; Updates to Disclosure Schedule (a) During the Pre-Closing Period, the Company shall promptly notify Parent in writing of:

  • SELLER’S DISCLOSURES In order to meet the Buyer’s obligations during the Inspection Period, the Seller shall be required to provide the following documents and records, to the extent they are within the possession or control of the Seller, at the Seller’s sole cost and expense:

  • Disclosure Schedule The Company has delivered the Disclosure Schedule and, if applicable, the Disclosure Update to Treasury and the information contained in the Disclosure Schedule, as modified by the information contained in the Disclosure Update, if applicable, is true, complete and correct.

  • Disclosure Letter (a) The disclosures in the Disclosure Letter, and those in any Supplement thereto, must relate only to the representations and warranties in the Section of the Agreement to which they expressly relate and not to any other representation or warranty in this Agreement.

  • Notice Regarding Material Contracts Promptly, and in any event within ten Business Days (i) after any Material Contract of Company or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;

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