Buyer’s Inspection Contingency Sample Clauses

Buyer’s Inspection Contingency. For a period of sixty (60) days from the Effective Date (the “Inspection Period”), Buyer and its agents and representatives shall have the right to conduct inspections and examinations regarding the physical condition of the Property and the status of title and survey matters for the Property. Buyer and its agents and representatives shall be permitted to enter upon the Property to conduct such boundary surveys, soil tests, environmental assessment audits, and other related tests, investigations, and examinations of the Property as Buyer may desire. Buyer may likewise perform an investigation of the legal and financial aspects of the Property, including, without limitation confirmation of the land use and zoning classifications applicable to the Property, the lack of any material violations of applicable ordinances to the Property, the existence and availability of all required permits, licenses and approvals for Buyer’s operation of the Property as a banking facility (“Intended Use”), and a review of the Lease(s) (defined in Schedule 1) and all contracts and agreement affecting the Property. Buyer’s physical inspection rights are subject to the following conditions and requirements: (i) Buyer shall not cause any material injury to the Property, and (ii) Buyer shall pay all costs and expenses incurred in connection with its inspections and reports. Buyer hereby agrees to indemnify and hold harmless Seller from any loss, damage, claim, expense or cost which Seller may incur as a result of Buyer’s physical inspections. Seller shall cooperate with Buyer, at no expense to Seller, in Buyer’s performance of its investigations, including, without limitation, signing such authorizations and other documents as are reasonably required to permit Buyer to exercise fully its rights under this subsection. The results of the foregoing physical inspections and investigations of the Property shall be utilized by Buyer to determine whether the Property is, in Buyer’s sole judgment and estimation, satisfactory to Buyer. If Buyer, for any reason or for no reason whatsoever, is not satisfied with the results of the foregoing inspections and investigations, Buyer may cancel this Agreement and shall so notify Seller in writing prior to the expiration of the Inspection Period, whereupon this Agreement shall automatically terminate and be null and void. BUYER ACKNOWLEDGES AND AGREES THAT, EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, SELLER IS SELLING AND BUYER IS PURCHASING TH...
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Buyer’s Inspection Contingency. Buyer's performance hereunder is contingent upon Buyer's inspection and approval of the Customer List and related financial records of Seller. Such documents shall be true, accurate and complete in all material respects and reflect a level of gross sales revenues of at least $30,000 per month, in the aggregate, for the six (6) months up to and including June 30, 2000 (except to the extent that such gross sales revenue will be reduced for periods subsequent to June 30, 2000 as a result of the loss of gross sales revenue from the Multi-Care entities, which reduction Buyer acknowledges and accepts), with revenues from specimen collection provided to the customers identified on the Customer List constituting at least ninety-five percent (95%) of total revenue, and the balance of total revenue derived primarily from breath-alcohol testing services. In the event Buyer, in Buyer's sole discretion, is not completely satisfied with the Customer List and related financial records of Seller, Seller hereby agrees that Buyer shall have the right to terminate this Agreement by serving written notice thereof on Seller or Seller's agent in person or by registered or certified mail on or before the Closing date.
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Buyer’s Inspection Contingency 
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Related to Buyer’s Inspection Contingency

  • 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.

  • 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.

  • Safety Inspection During inspection of County facilities conducted by the State Division of Occupational Safety and Health for the purpose of determining compliance with the California OSHA requirements, an OCEA designated employee shall be allowed to accompany the inspector while the inspector is in the employee's agency/department. The employee so designated shall suffer no loss of pay when this function is performed during the employee's regularly scheduled work hours.

  • Due Diligence Examination At any time during the Review Period, and thereafter through Closing of the Property, Buyer and/or its representatives and agents shall have the right to enter upon the Property at all reasonable times for the purposes of reviewing all Records and other data, documents and/or information relating to the Property and conducting such surveys, appraisals, engineering tests, soil tests (including, without limitation, Phase I and Phase II environmental site assessments), inspections of construction and other inspections and other studies as Buyer deems reasonable and necessary or appropriate to evaluate the Property, subject to providing reasonable advance notice to Seller unless otherwise agreed to by Buyer and Seller (the “Due Diligence Examination”). Seller shall have the right to have its representative present during Buyer’s physical inspections of its Property, provided that failure of Seller to do so shall not prevent Buyer from exercising its due diligence, review and inspection rights hereunder. Buyer agrees to exercise reasonable care when visiting the Property, in a manner which shall not materially adversely affect the operation of the Property.

  • Response/Compliance with Audit or Inspection Findings A. Grantee must act to ensure its and its Subcontractors’ compliance with all corrections necessary to address any finding of noncompliance with any law, regulation, audit requirement, or generally accepted accounting principle, or any other deficiency identified in any audit, review, inspection or investigation of the Grant Agreement and the services and Deliverables provided. Any such correction will be at Grantee’s or its Subcontractor's sole expense. Whether Xxxxxxx's action corrects the noncompliance shall be solely the decision of the System Agency. B. As part of the services, Grantee must provide to HHS upon request a copy of those portions of Grantee's and its Subcontractors' internal audit reports relating to the services and Deliverables provided to the State under the Grant Agreement. C. Grantee shall include the requirement to provide to System Agency (and any of its duly authorized federal, state, or local authorities) internal audit reports related to this Grant Agreement in any Subcontract it awards. Upon request by System Agency, Grantee shall enforce this requirement against its Subcontractor. Further, Grantee shall include in any Subcontract it awards a requirement that all Subcontractor Subcontracts must also include these provisions.

  • Goods Inspection The Commissioner of DAS, in consultation with the Client Agency, shall determine the manner and prescribe the inspection of all Goods and the tests of all samples submitted to determine whether they comply with all of the specifications in the Contract. If any Goods fail in any way to meet the specifications in the Contract, the Client Agency or the Commissioner of DAS may, in its sole discretion, either reject it and owe nothing or accept it and pay for it on an adjusted price basis, depending on the degree to which the Goods meet the specifications. Any decision pertaining to any such failure or rejection shall be final and binding.

  • Document Inspection In accordance with section 216.1366, F.S., the Department is authorized to inspect the: (a) financial records, papers, and documents of the Contractor that are directly related to the performance of the Contract or the expenditure of state funds; and (b) programmatic records, papers, and documents of the Contractor which the Department determines are necessary to monitor the performance of the Contract or to ensure that the terms of the Contract are being met. The Contractor shall provide such records, papers, and documents requested by the Department within 10 Business Days after the request is made.

  • IN INSPECTION Before, at the time of the Tenant accepting possession, or shortly thereafter, the Landlord and Tenant: (check one)

  • Records; Inspection Reneo shall, and shall cause its Affiliates and Sublicensees to, keep complete, true and accurate books of account and records for the purpose of determining the payments to be made under this Agreement. Such books and records shall be kept for [***] years following the end of the calendar year to which they pertain. Such records shall be open for inspection during such period by independent accountants, solely for the purpose of verifying payment statements hereunder for a period covering not more than the [***] prior to the date of request; provided that no period shall be subject to inspection under this section more than once. Such inspections shall be made no more than once each calendar year, on reasonable notice during normal business hours. The auditor will execute a reasonable written confidentiality agreement with Reneo and will disclose to vTv only such information as is reasonably necessary to provide vTv with information regarding any actual or potential discrepancies between amounts reported and actually paid and amounts payable under this Agreement. The auditor will send a copy of the report to Reneo at the same time it is sent to vTv. The report sent to both Parties will include the methodology and calculations used to determine the results. Any unpaid amounts (plus interest as set forth in Section 3.8) that are discovered shall be paid promptly by Reneo. Inspections conducted under this Section 3.9 shall be at the expense of vTv, unless the inspection discloses an underpayment by Reneo of [***] or more of the amount due for any period covered by the inspection, whereupon all costs relating to the inspection for such period shall be paid promptly by Reneo. If an inspection conducted pursuant to this Section 3.9 discloses an overpayment by Reneo, then Reneo will deduct the amount of such overpayment from amounts otherwise owed to vTv under this Agreement, unless no further payments are due hereunder, in which case the amount of such overpayment shall be refunded by vTv to Reneo.

  • Environmental Inspection 14 ARTICLE XI.........................................................................14 11.1 Modifications............................................................14

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