Trailer Purchase Agreement (Page 3 of 7) in pdf

SELLER COVENANTS, REPRESENTATIONS AND WARRANTIES.

The Seller covenants, represents and warrants to Buyers as follows:

Seller is the sole owner of and has good and marketable title to the Trailer

transferred to Buyer and shall be free and clear of all liabilities, liens, claims,

encumbrances and restrictions of any type whatsoever, as of the date of Closing.

The Odometer reading is accurate and has not been tampered with to the

best of Seller’s knowledge.

BUYER COVENANTS, REPRESENTATIONS AND WARRANTIES.

The Buyer covenants, represents and warrants to Seller as follows:

Authority and Consent. Buyer has the right, power and legal capacity to

enter into and perform the obligations under this Agreement, and no approvals or

consents of any third persons or entities are necessary in connection therewith.

As Is. Buyer understands that the Seller's Trailer is sold “As Is”

without any express or implied warranty whatsoever including implied warranty of

merchantability or fitness for a particular purpose.

No Guarantee. Buyer acknowledges that Seller has made no

representation, warranty, or guarantee to Buyer respecting the past, present or future

condition or performance of the Trailer.

Due Diligence. Buyer has had the opportunity to investigate and make

such inquiries as Buyer desires regarding the Trailer.

SURVIVAL OF WARRANTIES.

All of the representations, warranties, covenants and agreements contained in this

Agreement and in any documents, certificates or other instruments delivered by or on

behalf of the Seller or Buyer pursuant hereto or in connection with the transaction

contemplated hereby are true now, will be true at the Closing and will survive the

Closing.

TRANSFER OF TITLE.

Seller shall at closing deliver the title to the Trailer and shall sign and deliver a

Bill of Sale to Buyer form in substantially the form of Exhibit A, attached hereto and by

this reference made a part hereof.

Page 2 of 6

Trailer Purchase Agreement Page 3