Approval of Due Diligence. Each of the Parties shall have approved the results of their respective reviews of the relevant books, records, documents, intellectual property, contracts, and financial condition of the other Party
Approval of Due Diligence. Buyer shall be deemed to have approved all of its due diligence pursuant to Section 3 unless notice to the contrary is provided to Shareholder on or before January 31, 2003.
Approval of Due Diligence. AC's approval, which may be withheld in its sole discretion, that the Due Diligence Documents comprehensively reflect that RKO is as it is represented to be.
Approval of Due Diligence. The Buyer shall have received the requisite approval from its board of directors of the Contemplated Transactions and of the Due Diligence.
Approval of Due Diligence. The Securityholders shall have approved the results of the Securityholders' Due Diligence.
Approval of Due Diligence. Buyer hereby approves the Property and all of the matters described in Sections 2.1(a)-(h) above (subject to the provisions of Section 4.1 below as to title and survey matters), including, without limitation, all documents, Service Contracts and other contracts, agreements, Leases, Initial Plans, the Cost of Improvements, the Zynga Lease in the form attached hereto as Exhibit L, and reports and other items and materials related to the Property prepared by or on behalf of Buyer or in Buyer’s possession or delivered to Buyer through May 23, 2019, on that certain data site located at [***] (collectively, the “Due Diligence Materials”). The Deposit is nonrefundable except as otherwise expressly provided herein.
Approval of Due Diligence. Buyer has approved all matters discussed ------------------------- during the course of the due diligence set forth in Article VII. Buyer shall ----------- have no feasibility or contingency to its obligations under this Agreement based upon inspection or due diligence review. ARTICLE XII ----------- TERMINATION; LIQUIDATED DAMAGES -------------------------------
Approval of Due Diligence. Buyer shall have until the conclusion of the Due Diligence Period to approve or disapprove of the Inspections, Due Diligence Items, the state of title (subject to New Title Matters), and the economic feasibility of the Property. If, on or before the expiration of the Due Diligence Period, Buyer delivers written notice (the “Approval Notice”) to Seller and Escrow Holder approving its due diligence and electing to proceed with the transactions contemplated in this Agreement (which notice shall be given or not given in Buyer’s sole and absolute discretion, and for any reason or no reason whatsoever), then (a) subject to the terms and conditions of this Agreement, Buyer shall be deemed to have approved all matters concerning the Property, (b) the Deposit shall become non-refundable to Buyer other than as provided in Section 3.1 hereof, (c) Buyer shall deliver the Additional Deposit to Escrow Holder within one (1) Business Day after the expiration of the Due Diligence Period, and (d) the Parties shall proceed to Closing in accordance with and subject to the provisions of this Agreement. If Buyer does not timely deliver the Approval Notice as provided herein, then Buyer shall be deemed to have elected not to proceed with the transactions contemplated in this Agreement, in which event this Agreement and Escrow shall be terminated, Buyer shall not be entitled to purchase the Property, Sellers shall not be obligated to sell the Property to Buyer, and the Parties shall be relieved of any further obligation to each other with respect to the Property that does not by its terms survive a termination of this Agreement. Upon such a termination, Escrow Holder shall, without any further action required from any Party, return all documents and funds, including the Deposit (less the Independent Contract Consideration), to Buyer and no further duties shall be required of Escrow Holder.
Approval of Due Diligence. Buyer’s execution and delivery of this Amendment shall constitute Buyer’s Approval Notice pursuant to Section 6.2 of the Existing Agreement.
Approval of Due Diligence. By executing this Amendment, Purchaser (a) acknowledges that he has approved all Due Diligence Items provided Seller causes a final subdivision map for the Property to be recorded prior to the Power/Promotional Center Closing Date and the Title Company deletes or insures over the exceptions listed on Schedule 2 to this Amendment and issues the endorsements to the Title Policy set forth on Schedule 2; and (b) waives his right to terminate the Agreement during the Contingency Period, subject to Purchaser's right to terminate this Agreement pursuant to paragraph 3 below. Purchaser shall deposit the Additional Deposit into Escrow on or before February 17, 1998; provided, however, notwithstanding anything to the contrary contained in the Agreement, the release of the Deposit to Seller shall be governed by Paragraph 3 below.
