Virginia College Auction Release and Indemnity Document 2/4/2021 Auction

Seller and Auctioneer for, any defect or deficiency of any kind whatsoever (whether patent or

latent and whether discovered or discoverable by Seller, Auctioneer, or Purchaser) in the

Purchased Items. Purchaser further acknowledges and agrees that neither Seller nor Auctioneer

has made and does not make and Seller and Auctioneer expressly disclaim any other

representations or warranties as to the assets including any implied warranties of merchantability

or fitness for particular purpose. Purchaser expressly waives (a) warranty of fitness and the

warranty against redhibitory vices and defects, whether apparent or latent, imposed by Louisiana

Civil Code Articles 2475 and 2500, and other applicable state or federal law, and the jurisprudence

thereunder, and (b) any rights it may have in redhibition or to a reduction of purchase price

pursuant to Louisiana Civil Code Articles 2520 through 2548, inclusive, in connection with the

Purchased Items.

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