Common use of Condition of Sublease Premises Clause in Contracts

Condition of Sublease Premises. 8.1 Subtenant acknowledges that it has had an opportunity to thoroughly inspect the Sublease Premises and Subtenant agrees to accept the Sublease Premises "as is, where is," with all faults. Except for removal of the Conveyor System/Racks (as defined in Section 8.3 of this Sublease) and notwithstanding any term or condition in the Master Lease to the contrary, neither Sublandlord nor Master Landlord shall have no obligation whatsoever to alter, improve, decorate or otherwise prepare the Sublease Premises, or any portion thereof, for Subtenant's occupancy 8.2 SUBTENANT ACKNOWLEDGES THAT NEITHER SUBLANDLORD NOR MASTER LANDLORD HAS MADE ANY AND WILL NOT MAKE ANY REPRESENTATIONS OR WARRANTIES TO SUBTENANT WITH RESPECT TO TO THE CONDITION OF THE SUBLEASE PREMISES, THE QUALITY OF CONSTRUCTION OF ANY LEASEHOLD IMPROVEMENTS OR ANY FINISHES WITHIN THE SUBLEASE PREMISES, WHETHER EXPRESS, STATUTORY, IMPLIED OR OTHERWISE, AND THAT SUBLANDLORD EXPRESSLY DISCLAIMS ANY IMPLIED WARRANTY THAT THE SUBLEASE PREMISES ARE OR WILL BE SUITABLE FOR SUBTENANT'S USE OR INTENDED COMMERCIAL PURPOSES.

Appears in 1 contract

Sources: Sublease (Aqua Power Systems Inc.)

Condition of Sublease Premises. 8.1 Subtenant acknowledges that it has had an opportunity to thoroughly inspect (1) On the Commencement Date, Sublessor shall deliver possession of the Sublease Premises to Sublessee in an "AS IS" and Subtenant agrees to accept with all faults condition, except that the Sublease Premises shall be broom clean. (2) BY EXECUTION OF THIS SUBLEASE, SUBLESSEE ACKNOWLEDGES AND AGREES THAT IT HAS INSPECTED OR BEEN AFFORDED THE OPPORTUNITY TO INSPECT THE SUBLEASE PREMISES AND SHALL ACCEPT THE SUBLEASE PREMISES ON THE COMMENCEMENT DATE IN ITS THEN "as is, where is,AS IS" with all faultsAND "WHERE IS" CONDITION. Except for removal of the Conveyor System/Racks (as defined in Section 8.3 of this Sublease) and notwithstanding any term or condition in the Master Lease to the contrary, neither Sublandlord nor Master Landlord shall have no obligation whatsoever to alter, improve, decorate or otherwise prepare the Sublease Premises, or any portion thereof, for Subtenant's occupancy 8.2 SUBTENANT SUBLESSEE ACKNOWLEDGES AND AGREES THAT NEITHER SUBLANDLORD SUBLESSOR NOR MASTER LANDLORD ITS AGENTS OR EMPLOYEES HAS MADE ANY AND WILL NOT MAKE ANY REPRESENTATIONS EXPRESS WARRANTY OR WARRANTIES TO SUBTENANT WITH RESPECT TO TO REPRESENTATION REGARDING THE CONDITION OF THE SUBLEASE PREMISES, THE QUALITY OF CONSTRUCTION MATERIAL OR WORKMANSHIP OF ANY LEASEHOLD IMPROVEMENTS OR ANY FINISHES WITHIN THE SUBLEASE PREMISES, WHETHER EXPRESSLATENT OR PATENT, STATUTORY, IMPLIED OR OTHERWISE, AND THAT SUBLANDLORD EXPRESSLY DISCLAIMS ANY IMPLIED WARRANTY THAT THE FITNESS OF THE SUBLEASE PREMISES ARE OR WILL BE SUITABLE FOR SUBTENANT'S ANY PARTICULAR USE OR PURPOSE AND THAT NO SUCH WARRANTY OR REPRESENTATION SHALL BE IMPLIED BY LAW, IT BEING AGREED THAT ALL SUCH RISKS ARE TO BE BORNE BY SUBLESSEE. (3) SUBLESSOR MAKES NO REPRESENTATIONS WITH RESPECT TO THE NECESSITY (OR LACK OF NECESSITY) FOR OR AVAILABILITY OF ANY PERMITS, LICENSES, OR OTHER GOVERNMENTAL AUTHORIZATIONS IN ORDER TO MODIFY, ALTER OR CHANGE THE SUBLEASE PREMISES OR TO OPERATE THE SUBLEASE PREMISES FOR THE USES INTENDED COMMERCIAL PURPOSESBY SUBLESSEE, IT BEING AGREED THAT, ALL SUCH RISKS ARE TO BE BORNE BY SUBLESSEE.

Appears in 1 contract

Sources: Sublease (Crocs, Inc.)