Document ID: 14732

Text:
7.1 Condition of the Leased Property. Tenant acknowledges receipt and delivery of possession of the Leased Property and confirms that Tenant has examined and otherwise has knowledge of the condition of the Leased Property prior to and as of the execution and delivery of this Lease and has found the same to be satisfactory for its purposes hereunder, it being understood and acknowledged by Tenant that, immediately prior to Landlords acquisition of the Leased Property and contemporaneous entry into this Lease, Tenant (or its Affiliates) was the owner of all of Landlords interest in and to the Leased Property and, accordingly, Tenant is charged with, and deemed to have, full and complete knowledge of all aspects of the condition and state of the Leased Property as of the Commencement Date. Without limitation of the foregoing and regardless of any examination or inspection made by Tenant, and whether or not any patent or latent defect or condition was revealed or discovered thereby, Tenant is leasing the Leased Property as is in its present condition. Without limitation of the foregoing, Tenant waives any claim or action against Landlord in respect of the condition of the Leased Property including any defects or adverse conditions not discovered or otherwise known by Tenant as of the Commencement Date. LANDLORD MAKES NO WARRANTY OR REPRESENTATION OF ANY KIND, EXPRESS OR IMPLIED, IN RESPECT OF THE LEASE D PROPERTY OR ANY PART THEREOF, INCLUDING AS TO ITS FITNESS FOR USE, DESIGN OR CONDITION FOR ANY PARTICULAR USE OR PURPOSE OR OTHERWISE, OR AS TO THE NATURE OR QUALITY OF THE MATERIAL OR WORKMANSHIP THEREIN, OR THE STATUS OF TITLE TO THE LEASE D PROPERTY OR THE PHYSICAL CONDITION OR STATE OF REPAIR THEREOF, OR THE ZONING OR OTHER LAWS, ORDINANCES, BUILDING CODES, REGULATIONS , RULES AND ORDERS APPLICABLE THERETO OR TO ANY CAPITAL IMPROVEMENTS WHICH MAY BE NOW OR HEREAFTER CONTEMPLATED, THE IMPOSITIONS LEVIED IN RESPECT OF THE LEASE D

Named Entities:
320
321
Regulation

Tokenized Text:
7
.
1
Condition
of
the
Leased
Property
.
Tenant
acknowledges
receipt
and
delivery
of
possession
of
the
Leased
Property
and
confirms
that
Tenant
has
examined
and
otherwise
has
knowledge
of
the
condition
of
the
Leased
Property
prior
to
and
as
of
the
execution
and
delivery
of
this
Lease
and
has
found
the
same
to
be
satisfactory
for
its
purposes
hereunder
,
it
being
understood
and
acknowledged
by
Tenant
that
,
immediately
prior
to
Landlords
acquisition
of
the
Leased
Property
and
contemporaneous
entry
into
this
Lease
,
Tenant
(
or
its
Affiliates
)
was
the
owner
of
all
of
Landlords
interest
in
and
to
the
Leased
Property
and
,
accordingly
,
Tenant
is
charged
with
,
and
deemed
to
have
,
full
and
complete
knowledge
of
all
aspects
of
the
condition
and
state
of
the
Leased
Property
as
of
the
Commencement
Date
.
Without
limitation
of
the
foregoing
and
regardless
of
any
examination
or
inspection
made
by
Tenant
,
and
whether
or
not
any
patent
or
latent
defect
or
condition
was
revealed
or
discovered
thereby
,
Tenant
is
leasing
the
Leased
Property
as
is
in
its
present
condition
.
Without
limitation
of
the
foregoing
,
Tenant
waives
any
claim
or
action
against
Landlord
in
respect
of
the
condition
of
the
Leased
Property
including
any
defects
or
adverse
conditions
not
discovered
or
otherwise
known
by
Tenant
as
of
the
Commencement
Date
.
LANDLORD
MAKES
NO
WARRANTY
OR
REPRESENTATION
OF
ANY
KIND
,
EXPRESS
OR
IMPLIED
,
IN
RESPECT
OF
THE
LEASE
D
PROPERTY
OR
ANY
PART
THEREOF
,
INCLUDING
AS
TO
ITS
FITNESS
FOR
USE
,
DESIGN
OR
CONDITION
FOR
ANY
PARTICULAR
USE
OR
PURPOSE
OR
OTHERWISE
,
OR
AS
TO
THE
NATURE
OR
QUALITY
OF
THE
MATERIAL
OR
WORKMANSHIP
THEREIN
,
OR
THE
STATUS
OF
TITLE
TO
THE
LEASE
D
PROPERTY
OR
THE
PHYSICAL
CONDITION
OR
STATE
OF
REPAIR
THEREOF
,
OR
THE
ZONING
OR
OTHER
LAWS
,
ORDINANCES
,
BUILDING
CODES
,
REGULATIONS
,
RULES
AND
ORDERS
APPLICABLE
THERETO
OR
TO
ANY
CAPITAL
IMPROVEMENTS
WHICH
MAY
BE
NOW
OR
HEREAFTER
CONTEMPLATED
,
THE
IMPOSITIONS
LEVIED
IN
RESPECT
OF
THE
LEASE
D