Existing Condition definition
Examples of Existing Condition in a sentence
The Existing Condition Of The Property, Including The Presence Of Environmental Contamination, If Any, Thereon, And (iii) Seller Shall Be Under No Obligation Whatsoever To Undertake Any Repair, Alteration, Remediation Or Other Work Of Any Kind With Respect To Any Portion Of The Property.
Borrower hereby indemnifies and agrees to protect, defend and hold Lenders harmless, which for purposes of this paragraph will be deemed to include the directors, officers, shareholders, employees and agents of Lenders, from and against any Claims other than claims arising from Lenders' or such other included parties' gross negligence or willful misconduct, including, without limitation, any claims relating to an Existing Condition.
Borrower hereby indemnifies and agrees to protect, defend and hold harmless Lender, which for purposes of this paragraph will be deemed to include the directors, officers, shareholders, employees and agents of Lender, from and against any Claims other than claims arising from Lender's or such other included parties' gross negligence or willful misconduct, including, without limitation, any claims relating to an Existing Condition.
Existing Condition Analysis – Identify watershed and its characteristics.
Seller shall not cause, or permit to occur to the extent Seller may reasonably prevent, any of the events or occurrences described in Section 3.1(h) (Existing Condition).