Acceptance of Project. Prior to date hereof, (a) Tenant has selected the Project for Landlord to purchase and lease to Tenant and (b) Landlord and Tenant have jointly performed due diligence with respect to the Project and the physical condition thereof. On or before the Commencement Date, Landlord shall, at its expense, perform the repair items to the Project set forth in Exhibit C-1 hereto. Except as set forth in this Exhibit, Tenant accepts the Project in its “AS-IS” condition on the date that this Lease is entered into.
Appears in 2 contracts
Sources: Lease Agreement, Lease Agreement (Republic Companies Group, Inc.)