Acceptance of Leased Property Sample Clauses
The 'Acceptance of Leased Property' clause defines the process by which the lessee acknowledges that the leased property meets the agreed-upon standards and is suitable for use. Typically, this clause requires the lessee to inspect the property upon delivery and formally confirm acceptance, either in writing or by commencing use. Its core function is to establish a clear point at which responsibility for the property transfers to the lessee, thereby reducing disputes over the property's condition and clarifying the parties' obligations moving forward.
Acceptance of Leased Property. Tenant acknowledges that [i] Tenant and its agents have had an opportunity to inspect the Leased Property; [ii] Tenant has found the Leased Property fit for Tenant's use; [iii] Landlord will deliver the Leased Property to Tenant in "as-is" condition; [iv] Landlord is not obligated to make any improvements or repairs to the Leased Property; and [v] the roof, walls, foundation, heating, ventilating, air conditioning, telephone, sewer, electrical, mechanical, elevator, utility, plumbing, and other portions of the Leased Property are in good working order. Tenant waives any claim or action against Landlord with respect to the condition of the Leased Property. LANDLORD MAKES NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IN RESPECT OF THE LEASED PROPERTY OR ANY PART THEREOF, EITHER AS TO ITS FITNESS FOR USE, DESIGN OR CONDITION FOR ANY PARTICULAR USE OR PURPOSE OR OTHERWISE, OR AS TO QUALITY OF THE MATERIAL OR WORKMANSHIP THEREIN, LATENT OR PATENT, IT BEING AGREED THAT ALL SUCH RISKS ARE TO BE BORNE BY TENANT.
Acceptance of Leased Property. 13 6.03 Conditions of Use and Occupancy................................................13 6.04 Financial Statements and Other Information.....................................13
Acceptance of Leased Property. The Owner Trustee does hereby lease and let the Leased Property to the Lessee and the Leased Property is hereby accepted by the Lessee hereunder and declared to be and constitute the property leased hereunder, all for the Rent and the Term hereinafter stipulated and upon the terms and conditions herein set forth.
Acceptance of Leased Property. The Owner-Trustee does hereby lease and let the Leased Property to the Lessee and the Leased Property is hereby accepted by the Lessee hereunder and declared to be and constitute the property leased hereunder, all for the Rent and the Term hereinafter stipulated and upon the terms and conditions herein set forth.
Acceptance of Leased Property. Tenant acknowledges that [i] Tenant and its
Acceptance of Leased Property. Lessee acknowledges that, as between Lessor and Lessee, it has examined the Land described in Exhibit A attached hereto and the state of Lessor's title thereto prior to the making of this Lease and knows the condition and state thereof, including, without limitation, the environmental and soil conditions, as of the first day of the term of this Lease, and accepts the same in said condition and state; that no representations as to the condition or state thereof have been made by representatives of Lessor; and that in entering into this Lease, Lessee is relying solely upon its own examination thereof.
Acceptance of Leased Property. ▇▇▇▇▇▇ agrees to accept the Leased Property in its present condition and “as is” with respect to matters that might affect the use of the Leased Property. ▇▇▇▇▇▇ also agrees that no representation, statement, or warranty, express or implied, has been made by or on behalf of City as to the condition of the Leased Property or as to the uses that may be made of the Leased Property.
Acceptance of Leased Property. Except as otherwise specifically provided in this Agreement or in any individual Lease, Tenant acknowledges that (i) Tenant and its agents have had
Acceptance of Leased Property. 6 6.01 Acceptance of the Leased Property............................... 6 Article VII
Acceptance of Leased Property. The Developer hereby acknowledges that it has had adequate opportunity to review and inspect all portions of the Leased Property, including, without limitation, the environmental condition of the Leased Property and, based upon its Inspections, the Developer has determined that the condition of all portions of the Leased Property are satisfactory to Developer and Developer accepts every portion of the Leased Property in its “AS IS, WHERE IS, WITH ALL FAULTS” condition.