Common use of Condition of Remaining Premises Clause in Contracts

Condition of Remaining Premises. Tenant accepts the Remaining Premises in its current condition, as-is, without recourse to Landlord. ADDITIONALLY, LANDLORD SHALL MAKE NO WARRANTIES, EXPRESS OR IMPLIED, WITH RESPECT TO THE LEASEHOLD IMPROVEMENTS IN THE REMAINING PREMISES. ALL IMPLIED WARRANTIES WITH RESPECT THERETO, INCLUDING BUT NOT LIMITED TO THOSE OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, ARE EXPRESSLY NEGATED AND WAIVED. Notwithstanding the foregoing, Landlord shall be obligated to install, at its sole cost and expense, a demising wall separating the Remaining Premises from the Reduction Space within a reasonable time following the Reduction Date, if necessary.

Condition of Remaining Premises. Tenant accepts the Remaining Premises in its current condition, as-is, without recourse to Landlord. ADDITIONALLY, LANDLORD SHALL MAKE NO WARRANTIES, EXPRESS OR IMPLIED, WITH RESPECT TO THE LEASEHOLD IMPROVEMENTS IN THE REMAINING PREMISES. ALL IMPLIED WARRANTIES WITH RESPECT THERETO, INCLUDING BUT NOT LIMITED TO THOSE OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, ARE EXPRESSLY NEGATED AND WAIVED. Notwithstanding the foregoing, Landlord shall be obligated to install, at its sole cost and expense, a demising wall separating the Remaining Premises located on the tenth (10th) floor from the Reduction Floor 10 Space only within a reasonable time following the Floor 10 Reduction Date, if necessary.