BRISTOL CENTER PROPERTIES, LLC (2)

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5.2 No Representations or Warranties. Seller makes no representation or warranty, express or implied,to the Buyer relating to the condition of the Property or suitability of the Property for any intended use or development by the Buyer. 53 Acceptance of Property"AS-It" Buyer shall accept all conditions of the Property, without any liability of the Seller whatsoever,in the Property's AS•IS,WRERz1S,summon()ALL FAULTS CONDITION, WIThOUT WARRANTY AS TO QUALITY, CHARACTER, PERFORMANCE OR CONDITION,and with!tall knowledge of the physical condition of the Property, the secure of the Seller's interest in and use of the Property,all laws applicable to the Property and of any and all conditions, restrictions, encumbrances and all matters of record relating to the Property. The Property is being acquired by Buyer as a result of its own knowledge of the Property and not as a result of any representation(s)made by the Seller or any employee,official,consultantor agent of the Seller relating to the condition of the Property,unless such statement or representation is expressly and specifically set kith in this Agreement, Seller hereby expressly and specifically disclaims any express or implied wandlike regarding the Property,unless expressly and specifically set forth in this Agreement. b. Warranties. • 61 Seller's Warranties. In consideration of Buyer entering into this Agreement end as an inducement to Buyer to purchase the Property from Seller,Seller makes the following representations and warranties which shall be true and correct as of the Effective Date and the Close of Escrow and each of which is material and being relied upon by Buyer, For.all purposes Of thisAgreement,this Agteement,Including Seller's representations andwarrenties contained herein,the phrase"to.the best of$vller's knowledge"shall Mean the current actual knowledge of Seller. Ifprior to the Close of Esetow,Buyer hes actual Knowledge that any representation or Warranty of Seller is name, inaccurate or incomplete in any material respect(and without waiving any of Buyer's rights or remedies hereunder at law or inequity with respect to any material untruth,incompleteness or inaccuracy existing on the Effective Date,that was known of or should have been known- f by Seller),Buyernraygive Seller written notice ofsame and Seller shall have seven(7)days from the date of receipt of Buyer's notice(end the Closing Date shall be extended to permit the running of such seven(7)day period)("Seller Cure Period'?to correct any fatter or circumstance that makes such representation or warranty matetially untrue or inaccurate to Buyer's reasonable satisfaction. If Sella fails to make such correction within the Seller Cure Period,then Buyerby written notice to Seller within three (3)days after the expiration of the Seller Care Period(ana the Closing Date shall be extended to permit the tanning of snob three(3)day period)shall be entitled(a)to terminate this Agreement,or(b)continue this Agreement In fell force and effect with no chaage in terms,but without waiving any legal,equitable or other remedies it may have against Seller. The foregoing is not a waiver or release of any ofBuyer's rights or remedies lot any material untruth,incompleteness or inaccuracy in arepresentation orwarranty of Seller of which Buyer obtains knowledge after the Close of Escrow. 6.1.1 Authorization. Seller has full powetandauthority to enter into this Agreement and to palms all its obligations hereunder,and has taken all action required by law, its governing instruments or otherwise to authorize the execution,delivery and performance of this Agreement by Seller. Each individual or entity who has executed this Agreement on behalf of Seller • has the right,power,legal capacity and authority to execute,deliver and perform this Agreement on behalf of Seller, is •