Circuit City 2005 Annual Report Download - page 151
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EXECUTION AND DELIVERY OF ANY DOCUMENT OR INSTRUMENT EXECUTED AND DELIVERED IN
CONNECTION WITH CLOSING, MAKE ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED,
OF ANY KIND OR NATURE WHATSOEVER, WITH RESPECT TO THE PROPERTY, AND ALL SUCH
WARRANTIES ARE HEREBY DISCLAIMED. WITHOUT LIMITING THE GENERALITY OF THE
FOREGOING, EXCEPT AS EXPRESSLY SET FORTH HEREIN, SELLER MAKES, AND SHALL MAKE, NO
EXPRESS OR IMPLIED WARRANTY AS TO MATTERS OF TITLE (OTHER THAN SELLER’S STATUTORY
WARRANTY OF TITLE SET FORTH IN THE STATUTORY WARRANTY DEED TO BE DELIVERED AT
CLOSING), ZONING, TAX CONSEQUENCES, PHYSICAL OR ENVIRONMENTAL CONDITION (INCLUDING,
WITHOUT LIMITATION, LAWS, RULES, REGULATIONS, ORDERS AND REQUIREMENTS PERTAINING TO
THE USE, HANDLING, GENERATION, TREATMENT, STORAGE OR DISPOSAL OF ANY TOXIC OR
HAZARDOUS WASTE OR TOXIC, HAZARDOUS OR REGULATED SUBSTANCE), VALUATION,
GOVERNMENTAL APPROVALS, GOVERNMENTAL REGULATIONS OR ANY OTHER MATTER OR THING
RELATING TO OR AFFECTING THE PROPERTY. BUYER AGREES THAT, EXCEPT AS EXPRESSLY SET
FORTH HEREIN, WITH RESPECT TO THE PROPERTY, BUYER HAS NOT RELIED UPON AND WILL NOT
RELY UPON, EITHER DIRECTLY OR INDIRECTLY, ANY REPRESENTATION OR WARRANTY OF SELLER.
BUYER WILL HAVE, AS OF CLOSING, THOROUGHLY CONDUCTED SUCH INSPECTIONS AND
INVESTIGATIONS OF THE PROPERTY (INCLUDING, BUT NOT LIMITED TO, THE PHYSICAL AND
ENVIRONMENTAL CONDITION THEREOF) TO THE EXTENT DEEMED NECESSARY BY BUYER IN
ORDER TO ENABLE BUYER TO EVALUATE THE PURCHASE OF THE PROPERTY.
NOTWITHSTANDING ANYTHING TO THE CONTRARY IN THIS AGREEMENT, BUYER DOES NOT WAIVE,
RELEASE OR AGREE TO IN ANY MANNER LIMIT ANY CLAIMS OR CAUSES OF ACTION AGAINST
SELLER FOR ANY INTENTIONAL MISREPRESENTATION REGARDING THE PROPERTY OR THE
INTENTIONAL FAILURE TO DISCLOSE ANY MATERIAL DEFECTS OF THE PROPERTY OF WHICH
SELLER HAS ACTUAL KNOWLEDGE AS OF THE CLOSING. FURTHER, NOTHING CONTAINED IN THIS
AGREEMENT SHALL BE DEEMED A WAIVER OR RELEASE BY BUYER, OR BUYER’S AGREEMENT TO
IN ANY MANNER LIMIT, ANY CLAIMS OR CAUSES OF ACTION BY BUYER AGAINST SELLER ARISING
OUT OF CONTAMINATION OF THE PROPERTY BY ANY HAZARDOUS SUBSTANCES FIRST BROUGHT
ON TO THE PROPERTY BY SELLER OR SELLER’S EMPLOYEES, AGENTS, CONTRACTORS OR TENANTS,
WHICH CONTAMINATION WAS NOT ACTUALLY KNOWN TO BUYER AS OF THE CLOSING.
[signatures follow on next page]
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date and year set forth
under their respective signatures.
SELLER:
SYSTEMAX SUWANEE LLC,
a Delaware limited liability company
By:
Its:
Dated: ________________, 2005
BUYER:
HEWLETT-PACKARD COMPANY,
a Delaware corporation
By:
Its:
Dated: ________________, 2005
EXHIBIT
“
A
”