Common use of No Warranty of Condition or Suitability Clause in Contracts

No Warranty of Condition or Suitability. The Director does not make any warranty, either express or implied, as to the condition, workmanship, merchantability or capacity of the Project or any part thereof or as to its or any part's suitability or operation for the Project Purposes. At any time, upon request of the Company, so long as it is not in default hereunder, the Director will assign to the Company all warranties and guarantees of all contractors, subcontractors, manufacturers, suppliers and engineers for the furnishing of labor, materials, supervision or design in connection with the Project and any rights or causes of action against any of the foregoing.