Common use of Condition of the Premises Clause in Contracts

Condition of the Premises. Tenant agrees (i) to accept possession of the Premises in the condition which shall exist on the Commencement Date “as is”, and further agrees that, except for Landlord’s Work, Landlord shall have no obligation, to perform any work or make any installations in order to prepare the Premises for Tenant’s occupancy, and (ii) Landlord and Landlord’s agents have made no representations, warranties or promises whatsoever with respect to the Premises, the Building, the Real Property, the Rents, leases, Taxes, or any other matter or thing, except as herein expressly set forth, and no rights, easements or licenses are acquired by Tenant by implication or otherwise except as expressly set forth in this Lease. Tenant represents and warrants that it is fully familiar with the Premises and the Building and has thoroughly inspected same. The taking of possession of the Premises by Tenant shall be conclusive evidence as against Tenant that, at the time such possession was so taken, the Premises and Landlord’s Work, except for minor details of construction commonly referred to as “punch list” items, as well as the Building were in good and satisfactory condition, and that all of the Premises and appurtenances thereto that are the subject of this Lease have been received by Tenant.

Appears in 2 contracts

Sources: Lease Agreement (Panacea Acquisition Corp), Lease Agreement (Panacea Acquisition Corp)

Condition of the Premises. Tenant has inspected the Premises and agrees (ia) to accept possession of the various portions of the Premises in the their condition which shall exist existing on the Commencement Date date hereof “as is”, and further agrees that, (b) that except for Landlord’s WorkContribution Landlord has no obligation to provide any allowances, Landlord shall have no obligation, to perform any work work, supply any materials, incur any expense or make any installations in order alterations or improvements to prepare the Premises for Tenant’s occupancy, . Any work to be performed by Tenant in connection with Tenant’s initial occupancy of the Premises shall be hereinafter referred to as the “Initial Installations,” and (ii) Landlord and Landlord’s agents have made no representations, warranties or promises whatsoever with respect shall be Substantially Completed by Tenant within 120 days following the Commencement Date as to each of the Suites comprising the Premises, the Building, the Real Property, the Rents, leases, Taxes, or . Tenant’s occupancy of any other matter or thing, except as herein expressly set forth, and no rights, easements or licenses are acquired by Tenant by implication or otherwise except as expressly set forth in this Lease. Tenant represents and warrants that it is fully familiar with part of the Premises and the Building and shall be conclusive evidence, as against Tenant, that Tenant has thoroughly inspected same. The taking of accepted possession of the Premises by Tenant shall be conclusive evidence as against Tenant that, in its then current condition and at the time such possession was so taken, the Premises and Landlord’s Work, except for minor details of construction commonly referred to as “punch list” items, as well as the Building were in a good and satisfactory conditioncondition as required by this Amended and Restated Lease. The requirements and conditions for Alterations contained in Article 5 of the Lease shall not apply to the Initial Installations, and that all of the Premises process and appurtenances thereto that are requirements with respect to such Initial Installations shall be governed by the subject of this Lease have been received by TenantWork Letter.

Appears in 2 contracts

Sources: Lease Agreement (Marchex Inc), Lease Agreement (Marchex Inc)

Condition of the Premises. Tenant has inspected the Premises and agrees (ia) to accept possession of the Premises in the condition which shall exist existing on the Commencement Date “as is”, except as otherwise set forth in this Article 4, and further agrees that, (b) that except for Landlord’s WorkWork described below and except for Landlord’s Contribution, Landlord shall have has no obligation, obligation to perform any work work, supply any materials, incur any expense or make any installations in order alterations or improvements to prepare the Premises for Tenant’s occupancy. Notwithstanding the foregoing, prior to the Commencement Date, Landlord, at its sole cost and expense, shall perform the work set forth on Exhibit C attached hereto (ii) Landlord and Landlord’s agents have made no representationsWork”) using Building standard methods and material and using contractors, warranties subcontractors, laborers, materialmen and suppliers selected by Landlord in its sole and absolute discretion. Any improvements, alterations, additions or promises whatsoever with respect changes to the PremisesPremises other than Landlord’s Work shall be performed by Tenant, the Buildingat its sole cost and expense, the Real Property, the Rents, leases, Taxes, or any other matter or thing, except as herein expressly set forth, and no rights, easements or licenses are acquired by Tenant by implication or otherwise except as expressly set forth in this Lease. Tenant represents and warrants that it is fully familiar accordance with the terms and conditions of Article 5 below. Tenant’s occupancy of any part of the Premises and for the Building and operation of its business therein shall be conclusive evidence, as against Tenant, that Landlord has thoroughly inspected same. The taking of completed any work to be performed by Landlord under this Lease (including, without limitation, Landlord’s Work), Tenant has accepted possession of the Premises by Tenant shall be conclusive evidence as against Tenant that, in its then current condition and at the time such possession was so taken, the Premises and Landlord’s Work, except for minor details of construction commonly referred to as “punch list” items, as well as the Building were in a good and satisfactory condition, and that all of the Premises and appurtenances thereto that are the subject of condition as required by this Lease have been received by TenantLease.

Appears in 1 contract

Sources: Lease Agreement (E2open Inc)

Condition of the Premises. Tenant has inspected the Premises and agrees (ia) to accept possession of the Premises (including all data cabling located therein) in the condition which shall exist existing on the Commencement Date “as is”, and further agrees that, (b) that except for the Initial Installments and Landlord’s WorkContribution, Landlord shall have has no obligation, obligation to perform any work work, supply any materials, incur any expense or make any installations in order alterations or improvements to prepare the Premises for Tenant’s occupancy; provided, however, Landlord shall ensure that on the Effective Date such cabling is in a neat and (ii) Landlord orderly condition and Landlordshall complete such connections/terminals as may be necessary to ensure the functionality thereof. Tenant’s agents have made no representations, warranties or promises whatsoever with respect to the Premises, the Building, the Real Property, the Rents, leases, Taxes, or occupancy of any other matter or thing, except as herein expressly set forth, and no rights, easements or licenses are acquired by Tenant by implication or otherwise except as expressly set forth in this Lease. Tenant represents and warrants that it is fully familiar with part of the Premises and the Building and shall be conclusive evidence, as against Tenant, that Tenant has thoroughly inspected same. The taking of accepted possession of the Premises by Tenant shall be conclusive evidence as against Tenant that, in its then current condition and at the time such possession was so taken, the Premises and Landlord’s Workthe Building were in a good and satisfactory condition as required by this Lease, except for minor details of construction commonly referred subject to as “punch list” itemsany punch-list items that may still need to be completed per the Work Letter, as well as any repairs and/or retrofitting to the Building were in good existing Premises, including furniture, fixtures and satisfactory conditionequipment, as may be identified by the parties during a mutual walkthrough of the Premises; provided that Landlord covenants and agrees that all on the date of Landlord’s tender of possession of the Premises to Tenant, the Premises shall be in good working condition, including, but not limited to, the roof and appurtenances thereto that are the subject of this Lease have been received by TenantBuilding Systems.

Appears in 1 contract

Sources: Lease Agreement (DemandTec, Inc.)

Condition of the Premises. Tenant agrees (i) to accept possession of the Premises in the condition which shall exist on the Commencement Date “as is”"AS IS", and further agrees that, except for Landlord’s Work, that Landlord shall have no obligation, to perform any work or make any installations in order to prepare the Premises for Tenant’s 's occupancy, unless otherwise provided in this Lease, and (ii) Landlord and Landlord’s 's agents have made no representations, warranties or promises whatsoever with respect to the Premises, the Building, the Real Property, the Rentsrents, leases, Taxes, . or any other matter or thing, except as herein expressly set forth, and no rights, easements or licenses are acquired by Tenant by implication or otherwise except as expressly set forth 'in this Lease. Tenant represents and warrants that it is fully familiar with the Premises and the Building and has thoroughly inspected same. The taking of possession of the Premises by Tenant shall be conclusive evidence as against Tenant that, at the time such possession was so taken, the Premises and Landlord’s Work, except for minor details of construction commonly referred to as “punch list” items, as well as the Building were in good and satisfactory condition, and that all of the Premises and appurtenances thereto that are the subject of this Lease have been received by Tenant.

Appears in 1 contract

Sources: Lease Agreement (Salon Internet Inc)

Condition of the Premises. Tenant has examined the Premises and subject to the completion of Landlord’s Work agrees (i) to accept possession of the Premises in the condition and state of repair which shall exist on the Commencement Date “date hereof "as is", and further agrees that, except for Landlord’s Work, that Landlord shall have no obligation, other obligation to perform any work or make any installations in order to prepare the Premises for Tenant’s 's occupancy, and (ii) Landlord and Landlord’s agents have made no representations, warranties or promises whatsoever with respect to the Premises, the Building, the Real Property, the Rents, leases, Taxes, or any other matter or thing, except as herein expressly set forth, and no rights, easements or licenses are acquired by Tenant by implication or otherwise except as expressly set forth in this Lease. Tenant represents and warrants that it is fully familiar with the Premises and shall be delivered in the Building and has thoroughly inspected sameDelivery Condition (as hereinafter defined). The taking of possession of the Premises by Tenant shall be conclusive evidence as against Tenant that, at the time such possession was so taken, the Premises and Landlord’s Work, except for minor details of construction commonly referred to as “punch list” items, as well as the Building were in good and satisfactory conditioncondition but same shall not release Landlord from any of its obligations hereunder with respect to repairs and maintenance. On the Commencement Date, Landlord shall deliver the Premises (i) in broom-clean condition and free of debris, (ii) with the equipment and systems in or servicing the Premises (including the plumbing, restroom fixtures, electrical, fire and life safety and HVAC systems) in good working order and condition and in compliance with all applicable laws, ordinances and regulations, (iii) free of occupants and any tenancies, and that all of (iv) with Landlord’s Work Substantially Completed, and (v) otherwise in the Premises and appurtenances thereto that condition required by herein. Subparagraphs (i) through (v) are collectively hereinafter referred to as the subject of this Lease have been received by Tenant“Delivery Condition”.

Appears in 1 contract

Sources: Lease Agreement (COMPASS Pathways PLC)

Condition of the Premises. Tenant has inspected the Premises and agrees (ia) to accept possession of the Premises in the condition which shall exist existing on the Commencement Date “as is”, and further agrees that, (b) that except for Landlord’s WorkContribution, Landlord shall have has no obligation, obligation to perform any work work, supply any materials, incur any expense or make any installations in order alterations or improvements to prepare the Premises for Tenant’s occupancy, and (ii) Landlord and Landlord’s agents have made no representations, warranties or promises whatsoever with respect . Any work to the Premises, the Building, the Real Property, the Rents, leases, Taxes, or any other matter or thing, except as herein expressly set forth, and no rights, easements or licenses are acquired be performed by Tenant by implication or otherwise except as expressly set forth in this Lease. Tenant represents and warrants that it is fully familiar connection with Tenant’s initial occupancy of the Premises and shall be hereinafter referred to as the Building and “Initial Installations.” Tenant’s occupancy of any part of the Premises shall be conclusive evidence, as against Tenant, that Tenant has thoroughly inspected same. The taking of accepted possession of the Premises by Tenant shall be conclusive evidence as against Tenant that, in its then current condition and at the time such possession was so taken, the Premises and Landlord’s Work, except for minor details of construction commonly referred to as “punch list” items, as well as the Building were in a good and satisfactory conditioncondition as required by this Lease, subject to Landlord’s maintenance and that all of repair obligations under this Lease. Notwithstanding anything to the contrary, Landlord agrees to deliver the Premises to Tenant (i) broom clean and appurtenances thereto that are in the subject same general condition as existing on the Effective Date, without any damage caused by the existing tenant; and (ii) free of this Lease have been received by Tenantother tenants and their personal property.

Appears in 1 contract

Sources: Lease Agreement (Achieve Life Sciences, Inc.)

Condition of the Premises. Tenant has inspected the Premises and agrees (ia) to accept possession of each portion of the Premises in the condition which shall exist existing on the respective Rent Commencement Date "as is", but subject to Landlord's obligation to maintain the Premises as expressly provided herein, (b) that neither Landlord nor Landlord's agents have made any representations or warranties with respect to the Premises or the Building except as expressly set forth herein, and further agrees that, (c) except for Landlord’s Work's Contribution described in Exhibit "C" attached hereto, Landlord shall have has no obligation, obligation to perform any work work, supply any materials, incur any expense or make any installations in order alterations or improvements to prepare the Premises for Tenant’s 's occupancy. Tenant's occupancy of any part of the Premises shall be conclusive evidence, as against Tenant, that Tenant has accepted possession of the Premises in its then current condition and (ii) Landlord and Landlord’s agents have made no representationsat the time such possession was taken, warranties or promises whatsoever with respect to the Premises, the Building, the Real Property, the Rents, leases, Taxes, or any other matter or thing, except as herein expressly set forth, and no rights, easements or licenses are acquired by Tenant by implication or otherwise except as expressly set forth in this Lease. Tenant represents and warrants that it is fully familiar with the Premises and the Building were in a good and has thoroughly inspected samesatisfactory condition as required by this Lease. The taking of possession of Tenant agrees and acknowledges that it shall be responsible, at its sole cost and expense, for ensuring that the core hardware to be installed on all doors within the Premises by Tenant shall be conclusive evidence as against Tenant that, at Building Standard lever-type where required by the time such possession was so taken, Americans With Disabilities Act of 1990 (the Premises "ADA") and Landlord’s Work, except for minor details of construction commonly referred to as “punch list” items, as well as bringing the Building were in good and satisfactory condition, and that all of Block Two toilet rooms into compliance with the Premises and appurtenances thereto that are the subject of this Lease have been received by TenantADA.

Appears in 1 contract

Sources: Lease Agreement (Engage Technologies Inc)