As-Is Condition definition

As-Is Condition. The Leased Premises are accepted by ▇▇▇▇▇▇ in an “AS IS”, “WHERE IS” condition, with all faults and defects. The City does not make and disclaims any warranty or representation whatsoever, express or implied, and shall have no obligation or liability whatsoever, express or implied, as to the condition of or any other matter or circumstance affecting the Leased Premises.
As-Is Condition. Lessee shall accept these Premises in their ''as is" condition, in clean and good-working order.
As-Is Condition. Buyer shall accept the Property in an "AS IS" condition as long as the Property is in the same condition at the Closing as at the end of the Due Diligence Period.

Examples of As-Is Condition in a sentence

  • Landlord is providing the Second Expansion Space in its current existing condition (“As-Is Condition”) with no modifications provided by Landlord and Tenant agrees to accept the Second Expansion Space in its As-Is Condition with no modifications provided by Landlord.

  • Buyer acknowledges inspection of the Premises and accepts same in As-Is Condition.

  • Lessee agrees to accept the Additional Leased Premises in As-Is Condition and without any obligation of Lessor to make any improvements to the premises.

  • Sublessee shall accept the Expansion Space in its As-Is Condition, and will perform any Tenant Improvement work it deems necessary.

  • The date that Landlord delivers the Premises to Tenant in As-Is Condition is referred to as the “Delivery Date.” The Projected Delivery Date is an estimate only, and Landlord shall not be subject to any liability for the failure to give possession on the Projected Delivery Date.


More Definitions of As-Is Condition

As-Is Condition. Vessel Owner acknowledges that it has inspected the Berthing Space(s) leased herein and agrees that the Berthing Space(s) is/are adequate for Vessel Owner’s needs and purposes. The Vessel Owner accepts the Berthing Space(s) “as is”, and acknowledges that the Landlord is under no obligation to improve the Berthing Space(s). This Lease is not a bailment of Vessel Owner’s Vessel(s), but a lease of the berthing slip or mooring space constituting the Berthing Space(s). Landlord will make commercially reasonable efforts to notify Vessel Owner of dangerous conditions requiring its attention, but Landlord shall have no liability for failing to do so and Landlord assumes no responsibility for attending mooring lines or fenders or moving Vessels from or within the Berthing Space(s).
As-Is Condition. Tenant confirms and acknowledges that Tenant is currently in possession of the Existing Premises and is operating its business therein pursuant to the provisions of the Lease. Tenant is fully aware of the existing condition of the Existing Premises and agrees that with respect to the Extension Term (a) to take the Existing Premises on a strictly “as-is” and “where is” condition, (b) that neither Landlord nor Landlord’s agents have made any representations or warranties with respect to the Existing Premises or the Office Building or the Property except as expressly set forth herein or in the Lease, and (c) that Landlord has no obligation to perform any work, supply any materials, incur any expense (except for Landlord’s Base Contribution, Landlord’s Existing Premises Fit Plan Contribution, and Landlord’s Heat Pump Contribution, as said terms are hereinafter defined) or make any alterations, additions or improvements to the Existing Premises for the Extension Term. Nothing herein contained shall in any way diminish or affect Landlord’s on-going repair, maintenance and/or replacement obligations under the Lease including, without limitation, Section 9.02 of the Lease or Landlord’s service obligations under the Lease including, without limitation, Section 7 of the Lease.
As-Is Condition. Tenant has examined said premises and is satisfied with the physical condition thereof and accepts the same in its present condition. Initials: (walkthrough checklist on file)
As-Is Condition. Lessee shall accept these Premises in their "as is" condition, in clean and good-working order. Lessor shall paint the interior walls of the Premises and clean carpets at Lessor's cost.
As-Is Condition. Delay in Possession. Lessee acknowledges that, subject to the last sentence of this Article 4a, it is leasing the Premises in its “as-is, where is” condition, without any obligation on the part of Lessor to make or pay for any improvements therein. If Lessor, for any reason whatsoever, cannot deliver possession of the Premises to Lessee by April 15, 2014, this Lease shall not be void or voidable, nor shall Lessor be liable to Lessee for any loss or damage resulting therefrom; except, however, that in such event the “Commencement Date” for all purposes of this Lease shall be adjusted to be the date that is forty-five (45) days after the date on which Lessor delivers possession or such earlier date upon which such delivery of possession would have occurred but for delay in delivery of possession of the Premises caused and/or contributed to by Lessee and/or Lessee’s agents, officers, employees, representatives, contractors, servants, invitees and/or guests (collectively “Lessee’s Agents”), and the “Expiration Date” for all purposes of this Lease shall be the date which is the last day of the calendar month within which the last day of the period of the Term specified in Article 1.e. following such Commencement Date occurs. For example, if the Commencement Date is April 15, 2014, then the Expiration Date shall be April 30, 2020, unless sooner terminated pursuant to the terms of this Lease. Lessor shall deliver the Premises with all building systems in good working condition.
As-Is Condition shall have the meaning set forth in Section 502 below.
As-Is Condition. The sale of the property as provided for herein is made on an “AS IS” condition, subject to all faults, latent or patent.