Common use of Buyer’s Independent Investigation Clause in Contracts

Buyer’s Independent Investigation. 8.2.1 Buyer has been given, or will be given before the end of the Due Diligence Period, a full opportunity to inspect and investigate the Property and the Cowboys Ownership Interests, either independently or through agents of Buyer’s choosing, including, without limitation: (a) All matters relating to title, together with all governmental and other legal requirements such as taxes, assessments, zoning, use permit requirements, and building codes; (b) The physical condition and aspects of the Property and Cowboys Golf Club, including, without limitation, the interior, the exterior, the square footage within the improvements on the Real Property, the structures, the paving, the utilities, and all other physical and functional aspects of the Property and Cowboys Golf Club, including, without limitation, an examination for the presence or absence of Hazardous Materials, which shall be performed or arranged by Buyer at Buyer’s sole expense; (c) Any easements and/or access rights affecting the Property; (d) The Contracts, the Licenses and Permits, the Cowboys Contracts and any other documents or agreements of significance affecting the Property or the Cowboys Ownership Interests; and (e) All other matters of material significance affecting the Property or the Cowboys Ownership Interests or delivered to Buyer by Seller in accordance with Article 4 of this Agreement.

Appears in 2 contracts

Samples: Agreement of Sale and Purchase, Agreement of Sale and Purchase (CNL Income Properties Inc)

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Buyer’s Independent Investigation. 8.2.1 7.3.1. Buyer has been given, or will be given before the end of the Due Diligence Period, assuming compliance by Seller with the terms of this Agreement, a full opportunity to inspect and investigate each and every aspect of the Property and the Cowboys Ownership InterestsProperty, either independently or through agents of Buyer’s choosing, including, without limitation: (a) All matters relating to title, together with all governmental and other legal requirements such as taxes, assessments, zoning, use permit requirements, and building codes; (b) The physical condition and aspects of the Property and Cowboys Golf ClubProperty, including, without limitation, the interior, the exterior, the square footage within the improvements on the Real PropertyProperty and within each tenant space therein, the structuresstructure, the paving, the utilities, and all other physical and functional aspects of the Property and Cowboys Golf ClubProperty, including, without limitation, an examination for the presence or of absence of Hazardous Materials, which shall be performed or arranged by Buyer at Buyer’s sole expense; (c) Any easements and/or access rights fights affecting the Property; (d) The ContractsLeases and all matters in connection therewith, including, without limitation, the Licenses and Permits, ability of the Cowboys tenants to pay rent; (e) The Contracts and any other documents or agreements of significance affecting the Property or the Cowboys Ownership InterestsProperty; and (ef) All other matters of material significance affecting the Property or the Cowboys Ownership Interests or delivered to Buyer by Seller in accordance with Article 4 3 of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Saul Centers Inc)

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Buyer’s Independent Investigation. 8.2.1 7.3.1. Buyer has been given, or will be given before the end of the Due Diligence Period, assuming compliance by Seller with the terms of this Agreement, a full opportunity to inspect and investigate each and every aspect of the Property and the Cowboys Ownership InterestsProperty, either independently or through agents of Buyer’s choosing, including, without limitation: (a) All matters relating to title, together with all governmental and other legal requirements such as taxes, assessments, zoning, use permit requirements, and building codes; (b) The physical condition and aspects of the Property and Cowboys Golf ClubProperty, including, without limitation, the interior, the exterior, the square footage within the improvements on the Real PropertyProperty and within each tenant space therein, the structuresstructure, the paving, the utilities, and all other physical and functional aspects of the Property and Cowboys Golf ClubProperty, including, without limitation, an examination for the presence or absence of Hazardous Materials, which shall be performed or arranged by Buyer at Buyer’s sole expense; (c) Any easements and/or access rights affecting the Property; (d) The ContractsLeases and all matters in connection therewith, including, without limitation, the Licenses and Permits, ability of the Cowboys tenants to pay rent; (e) The Contracts and any other documents or agreements of significance affecting the Property or the Cowboys Ownership InterestsProperty; and (ef) All other matters of material significance affecting the Property or the Cowboys Ownership Interests or delivered to Buyer by Seller in accordance with Article 4 3 of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Saul Centers Inc)

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