Common use of Improvements and Repairs Clause in Contracts

Improvements and Repairs. Section 12 is amended by adding the following language at the end of section 12: As of the Effective Date, Lessor represents and warrants that (i) it knows of no material defects in the Premises or Building which would unreasonably interfere with Lessee's use and enjoyment of the Premises; and (ii) the mechanical, electrical, air conditioning, ventilating and plumbing system and equipment serving the Premises are in good order and repair, provided, however, that the representations and warranties set forth in this sentence shall not be deemed to imply that the Premises, the Building or the mechanical, electrical, air conditioning, ventilating and plumbing systems are suitable for any particular purpose. Each of the foregoing representations and warranties contained herein shall be true and correct as of the Effective Date and Lessor shall promptly correct any violation of the foregoing representations and warranties at its sole cost and expense.

Appears in 1 contract

Sources: Stock Purchase Agreement (Elexsys International Inc)

Improvements and Repairs. Section 12 is amended by adding the following language at the end of section 12: As of the Effective Date, Lessor represents and warrants that (i) it knows of no material defects in the Premises or Building which would unreasonably interfere with Lessee's use and enjoyment of the Premises; and (ii) the mechanical, electrical, air conditioning, ventilating and plumbing system and equipment serving the Premises are in good order and repair, provided, however, however that the representations and warranties set forth in this sentence shall not be deemed to imply that the Premises, the Building or the mechanical, electrical, air conditioning, ventilating and plumbing systems are suitable for any particular purpose. Each of the foregoing representations and warranties contained herein shall be true and correct as of the Effective Date and Lessor shall promptly correct any violation of the foregoing representations and warranties at its sole cost and expense.

Appears in 1 contract

Sources: Stock Purchase Agreement (Elexsys International Inc)