Structural Condition. Except as set forth on Schedule --------------------- S-5.1(v) or in the Property Inspection Reports, to Seller's Knowledge, each -------- Project, including, without limitation, all buildings, improvements, parking facilities, sidewalks, storm drainage systems, roofs, plumbing systems, HVAC systems, fire protection systems, electrical systems, equipment, elevators, exterior sidings and doors, landscaping, irrigation systems and all structural components, are in good condition, order and repair in all material respects, there exists no structural or other material defects or damages in any Project, whether latent or otherwise, and Seller has not received written notice from any insurance company or bonding company of any defects or inadequacies in any Project, or any part thereof, which would materially and adversely affect the insurability of the same or cause the imposition of extraordinary premiums or charges thereon or of any termination or threatened termination of any policy of insurance or bond. Except as set forth on Schedule S-5.1(v) or in the Property -------- Inspection Reports, to Seller's Knowledge, each Project is free from unrepaired damage caused by fire or other casualty. Except as set forth on Schedule S-5.1(v) or in the Property Inspection Reports, to Seller's Knowledge, all -------- liquid and solid waste disposal, septic and sewer systems located on each Project are in a good and safe condition and repair and in compliance in all material respects with all Applicable Laws. Seller has received no written notice of any, and to Seller's Knowledge, there is no, latent or patent defect in (i) the Improvements or structural elements thereof or, mechanical systems therein (including, without limitation, the roof or roofs of the Improvements and all heating, ventilating, air conditioning, plumbing, electrical, utility and sprinkler systems therein) or (ii) the utility system servicing the Projects.
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Sources: Purchase and Sale Agreement (Apollo Real Estate Investment Fund Ii L P)
Structural Condition. Except as set forth on Schedule --------------------- S-5.1(v) or in the Property Inspection Reports, to Seller's Knowledge, each -------- Project, including, without limitation, all buildings, improvements, parking facilities, sidewalks, storm drainage systems, roofs, plumbing systems, HVAC systems, fire protection systems, electrical systems, equipment, elevators, exterior sidings and doors, landscaping, irrigation systems and all structural components, are in good condition, order and repair in all material respects, there exists no structural or other material defects or damages in any Project, whether latent or otherwise, and Seller has not received written notice from any insurance company or bonding company of any defects or inadequacies in any Project, or any part thereof, which would materially and adversely affect the insurability of the same or cause the imposition of extraordinary premiums or charges thereon or of any termination or threatened termination of any policy of insurance or bond. Except as set forth on Schedule S-5.1(v) or in the Property -------- Inspection Reports, to Seller's Knowledge, each Project is free from unrepaired damage caused by fire or other casualty. Except as set forth on Schedule S-5.1(v) or in the Property Inspection Reports, to Seller's Knowledge, all -------- liquid and solid waste disposal, septic and sewer systems located on each Project are in a good and safe condition and repair and in compliance in all material respects with all Applicable Laws. Seller has received no written notice of any, and to Seller's Knowledge, there is no, latent or patent defect in (i) the Improvements or structural elements thereof or, mechanical systems therein (including, without limitation, the roof or roofs of the Improvements and all heating, ventilating, air conditioning, plumbing, electrical, utility and sprinkler systems therein) or (ii) the utility system servicing the Projects.
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