Representation of Condition of Demised Premises. Lessor has let the Demised Premises in their present “AS IS,” “WHERE IS” condition, WITH ALL FAULTS and without any representations, other than those specifically endorsed hereon by Lessor or Agent or any other agent or contractor of Lessor, through its or their officers, employees, servants and/or agents. It is understood and agreed that Lessor is under no duty to make repairs, alterations, or decorations at the inception of this Lease or at any time thereafter unless such duty of Lessor shall be set forth in writing endorsed hereon. Lessee specifically acknowledges that, except as specifically stated herein, if at all, Lessor has made no representation or warranty, express or implied, concerning the condition of the Demised Premises, including, without limitation, with respect to the presence of Hazardous Materials or substances, either as of the date of execution of this Lease or the commencement date of the Term. Lessee has inspected the Demised Premises and Building, observed their physical characteristics and existing conditions, and has been afforded the opportunity to conduct such investigation and study on and of the Demised Premises and Building as Lessee deems necessary for the purpose of leasing the Premises for Lessee’s intended use.
Appears in 2 contracts
Sources: Lease Agreement (Tengion Inc), Lease Agreement (Tengion Inc)