Building and Mechanical Inspection Sample Clauses

Building and Mechanical Inspection. Gannett may obtain an ---------------------------------- inspection report from a reputable engineer at Gannett's sole expense indicating that the condition of the material buildings, structures, improvements and fixtures comprising part of the Argyle TV Stations Real Estate is as set forth in Section 5.10 above.
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Building and Mechanical Inspection. Acquiror shall have received an inspection report from a reputable engineer (RGF and Acquiror shall each pay one-half the expense) indicating that all buildings, structures, improvements and fixtures comprising part of the Owned Real Estate and the Leased Real Estate are in all material respects good and technically sound operating condition, have no latent structural mechanical or other defects of material significance, are reasonably suitable for the purposes for which they are being used and each has adequate rights of ingress and egress.
Sample 1
Building and Mechanical Inspection. Within thirty (30) days after the execution of this Agreement, Purchaser may, at its sole expense, commission a reputable engineer to conduct an inspection of the Real Property and any real property subject to assumed leases. If Purchaser notifies Seller in writing within such 30-day period that the inspection discloses a condition that constitutes a material breach of the representations and warranties of Seller contained in Section 5, Seller shall promptly commence remedial action at its expense to reasonably cure the condition and reasonably cure such condition prior to the Closing.
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Building and Mechanical Inspection. 30 11.11 Pre-Merger Notification........................................................................30 11.12
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Building and Mechanical Inspection. Within fifteen (15) days of the date of this Agreement, Seller shall provide Buyer with access to all buildings, structures, improvements and fixtures comprising part of the real estate subject to the Real Estate Contracts, and subsequently Buyer shall have ordered and received an inspection report from a reputable engineer, at Buyer's sole expense and in Buyer's sole discretion, indicating that all buildings, structures, improvements and fixtures comprising part of the real estate subject to the Real Estate Contracts are (i) in all material respects in good operating condition, (ii) have no latent structural, mechanical or other defects of material significance, (iii) are reasonably suitable for the purposes for which they are being used, and (iv) have reasonably adequate rights of ingress and egress. Notwithstanding the above, if Buyer does not notify Seller within ten (10) days following the date Buyer is given access to the real estate subject to the Real Estate Contracts that the inspection report does not meet the standards set forth in (i) through (iv) above, then this condition shall be deemed waived by Buyer.
Sample 1
Building and Mechanical Inspection. Citicasters may obtain an inspection report from a reputable engineer at Citicasters's sole expense indicating that the condition of the material buildings, structures, improvements and fixtures comprising part of the Radio Stations Real Estate is as set forth in Section 5.10 above. 8.9
Sample 1
Building and Mechanical Inspection. Pacific and Southern may obtain an inspection report from a reputable engineer at Pacific and Southern's sole expense indicating that the condition of the material buildings, structures, improvements and fixtures comprising part of the Television Station Real Estate is as set forth in Section 6.10 above. 9.9
Sample 1
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Related to Building and Mechanical Inspection

  • Building and Improvements Lessor shall obtain and keep in force during the term of this Lease a policy or policies in the name of Lessor, with loss payable to Lessor and to any Lender(s), insuring against loss or damage to the Premises. Such insurance shall be for full replacement cost, as the same shall exist from time to time, or the amount required by any Lender(s), but in no event more than the commercially reasonable and available insurable value thereof if, by reason of the unique nature or age of the improvements involved, such latter amount is less than full replacement cost. Lessee-Owned Alterations and Utility Installations, Trade Fixtures and Lessee's personal property shall be insured by Lessee pursuant to Paragraph 8.4. If the coverage is available and commercially appropriate, Lessor's policy or policies shall insure against all risks of direct physical loss or damage (except the perils of flood and/or earthquake unless required by a Lender), including coverage for any additional costs resulting from debris removal and reasonable amounts of coverage for the enforcement of any ordinance or law regulating the reconstruction or replacement of any undamaged sections of the Building required to be demolished or removed by reason of the enforcement of any building, zoning, safety or land use laws as the result of a covered loss, but not including plate glass insurance. Said policy or policies shall also contain an agreed valuation provision in lieu of any co-insurance clause, waiver of subrogation, and inflation guard protection causing an increase in the annual property insurance coverage amount by a factor of not less than the adjusted U.S. Department of Labor Consumer Price Index for All Urban Consumers for the city nearest to where the Premises are located.

  • Property Inspections The Servicer shall conduct property inspections in accordance with the milestones of the repair and rehabilitation plan for such Mortgaged Property and prepare Property Inspection Reports on any Mortgaged Property involving property damage over $15,000. The Servicer shall furnish a copy of the repair and rehabilitation plan for such Mortgaged Property to the Master Servicer upon request.

  • LESSEE'S IMPROVEMENTS Since Lessor is the Insuring Party, Lessor shall not be required to insure Lessee-Owned Alterations and Utility Installations unless the item in question has become the property of Lessor under the terms of this Lease.

  • Premises Building Project and Common Areas 1.1 Premises, Building, Project and Common Areas.

  • Office Space, Equipment and Facilities Provide such office space, office equipment and office facilities as are adequate to fulfill the Adviser’s obligations hereunder.

  • Property Inspection The Servicer is required to inspect each Delinquent Mortgaged Property at such time and in such manner as is in accordance with Prudent Servicing Practices. The Servicer must prepare a Property Inspection Report following each inspection. All Property Inspection Reports must be retained by the Servicer and copies thereof must be forwarded to the Master Servicer promptly upon request. All expenses related to the foregoing shall be recoverable by the Servicer from the Principal or from Liquidation Proceeds, Insurance Proceeds, payments on the related Mortgage Loan or any other source relating to the related Mortgage Loan or the related Mortgaged Property. The foregoing shall not preclude the Servicer from recovering such expenses from the Borrower to the extent permitted by applicable law and the related Mortgage Loan Documents.

  • Maintenance and Repair (a) Except for any Alterations that Tenant is permitted to make pursuant to this Lease, Tenant shall at all times put, keep and maintain the Leased Premises (including, without limitation, the roof, landscaping, walls, footings, foundations and structural components of the Leased Premises) in the same (or better) condition and order of repair as exists as of the Commencement Date, except for ordinary wear and tear, and shall promptly make all repairs and replacements of every kind and nature, whether foreseen or unforeseen, which may be required to be made upon or in connection with the Leased Premises in order to keep and maintain the Leased Premises in the order and condition required by this Paragraph 11(a). Tenant shall do or cause others to do all shoring of the Leased Premises or of foundations and walls of the Improvements and every other act necessary or appropriate for preservation and safety thereof, by reason of or in connection with any excavation or other building operation upon any of the Leased Premises, whether or not Landlord shall, by reason of any Legal Requirements or Insurance Requirements, be required to take such action or be liable for failure to do so. LANDLORD SHALL NOT BE REQUIRED TO MAKE ANY REPAIR, WHETHER FORESEEN OR UNFORESEEN, OR TO MAINTAIN ANY OF THE LEASED PREMISES IN ANY WAY, AND TENANT HEREBY EXPRESSLY WAIVES THE RIGHT TO MAKE REPAIRS AT THE EXPENSE OF THE LANDLORD, WHICH RIGHT MAY BE PROVIDED FOR IN ANY LAW NOW OR HEREAFTER IN EFFECT. Nothing in the preceding sentence shall be deemed to preclude Tenant from being entitled to insurance proceeds or condemnation awards for Restoration pursuant to Paragraphs 13(c) and 14(g). Tenant shall, in all events, make all repairs for which it is responsible hereunder promptly (but in any event shall commence actions to initiate such repairs as quickly as possible after the date Tenant becomes aware that such repairs are necessary, or, in the event of a Restoration pursuant to Paragraph 13(c) or 14(g), within sixty (60) days of the date insurance proceeds or a condemnation award has been paid to the Trustee (it being understood that Tenant shall take such steps as are reasonably necessary to protect and preserve the integrity and safety of the Leased Premises pending such payment) and shall diligently pursue such repairs to completion), and all repairs shall be made in a good, proper and workmanlike manner.

  • Maintaining Records; Access to Properties and Inspections; Maintenance of Ratings (a) Keep proper books of record and account in which full, true and correct entries in conformity with GAAP and all requirements of law are made of all dealings and transactions in relation to its business and activities. Each Loan Party will, and will cause each of its subsidiaries to, permit any representatives designated by the Administrative Agent or any Lender to visit and inspect the financial records and the properties of such Person at reasonable times and as often as reasonably requested and to make extracts from and copies of such financial records, and permit any representatives designated by the Administrative Agent or any Lender to discuss the affairs, finances and condition of such Person with the officers thereof and independent accountants therefor.

  • Personnel, Office Space, and Facilities of Manager The Manager at its own expense shall furnish or provide and pay the cost of such office space, office equipment, office personnel, and office services as the Manager requires in the performance of its investment advisory and other obligations under this Agreement.

  • Interior (a) Ceilings, sidewalls and bulkhead panels shall be clean and free of cracks and stains;

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