Common use of BUYER'S INSPECTION PERIOD Clause in Contracts

BUYER'S INSPECTION PERIOD. BUYER shall have until the later of (i) forty-five (45) days after the Effective Date, or (ii) twenty (20) days after the date the SELLER has furnished the BUYER with all of the Data set forth below ("BUYER's Inspection Period"), during which time BUYER shall have the right to perform such due diligence evaluations as BUYER may reasonably require in connection with its evaluation of the Property, including, but not limited to, environmental, soils, flood plain, legal, financial and engineering studies (the "Data"), all at BUYER's sole cost and expense. BUYER hereby indemnifies and agrees to hold harmless and defend SELLER from and against any and all losses or claims for property damage or personal injury or any liability under any environmental or other law arising out of BUYER's inspections and BUYER and/or any contractor of BUYER shall, prior to entry on the Real Property hereunder, obtain casualty/liability insurance in an amount satisfactory to SELLER, or to add SELLER to existing policies as a named insured, and provide SELLER with a certificate of insurance evidencing that SELLER is insured against any such loss. In the event that any inspection by BUYER or any consultant engaged by BUYER in connection with BUYER's due diligence results in any damage or disturbance to the Property or any other damage or disturbance, BUYER shall cause such consultant, or undertake itself, at no cost to SELLER, to repair promptly such damage and restore such Property to the condition it was in immediately prior to such inspection. If BUYER approves of the Data, BUYER shall deliver written notice to SELLER indicating BUYER's approval of the Data (the "Data Approval Notice") prior to the expiration of the Inspection Period. If BUYER fails to deliver the Data Approval Notice as aforesaid, the Data shall be deemed unsatisfactory to BUYER and this Agreement shall automatically terminate, in which event, Escrow Agent shall immediately return the Deposit, plus any accrued interest, to BUYER and the parties shall be released from any further obligations hereunder. In connection with BUYER's due diligence evaluations of the Property, SELLER agrees to furnish the following information to BUYER on the Effective Date (unless otherwise provided herein):

BUYER'S INSPECTION PERIOD. BUYER shall have until the later of a thirty (i30) forty-five (45) days after the Effective Date, or (ii) twenty (20) days after the date the SELLER has furnished the BUYER with all of the Data set forth below day period ("BUYER's Inspection Period")) commencing from the Effective Date , during which time BUYER shall have the right to perform such due diligence evaluations as BUYER may reasonably require in connection with its evaluation of the Property, including, but not limited to, environmental, soils, flood plain, legal, financial and engineering studies (the "Data")studies, all at BUYER's sole cost and expense. BUYER hereby indemnifies and agrees to hold harmless and defend SELLER from and against any and all losses or claims for property damage or personal injury or any liability under any environmental or other law arising out of BUYER's inspections and BUYER and/or any contractor of BUYER shall, prior to entry on the Real Property hereunder, obtain casualty/liability insurance in an amount satisfactory to SELLER, or to add SELLER to existing policies as a named insured, and provide SELLER with a certificate of insurance evidencing that SELLER is insured against any such loss. In the event that any inspection by BUYER or any consultant engaged by BUYER in connection with BUYER's due diligence results in any damage or disturbance to the Property or any other damage or disturbancedisturbance which any resident requires SELLER to repair, BUYER shall cause such consultant, or undertake itself, at no cost to SELLER, to repair promptly such damage and restore such Property to the condition it was in immediately prior to such inspection. If BUYER approves BUYER, in BUYER's reasonable judgment, believes the results of the Dataits due diligence investigation to be unsatisfactory, BUYER shall deliver may elect to terminate this Agreement of Sale by written notice to SELLER indicating delivered not later than the last day of BUYER's approval of the Data (the "Data Approval Notice") prior to the expiration of the Inspection Period. In such event, the Initial Deposit will be refunded to BUYER by Escrow Agent. If BUYER fails to deliver the Data Approval Notice notice of termination, as aforesaid, the Data BUYER shall be deemed unsatisfactory to BUYER and have irrevocably waived its right to terminate this Agreement of Sale pursuant to this paragraph 8, and shall automatically terminate, in which event, be obligated to pay to the Escrow Agent shall immediately return the Deposit, plus any accrued interest, to BUYER and the parties Additional Deposit described in paragraph 3(b). BUYER's Inspection Period shall be released from any further obligations hereunder. In connection extended one (1) day for each day SELLER fails to provide BUYER with BUYER's due diligence evaluations of the Property, SELLER agrees to furnish the following information to BUYER on the Effective Date (unless otherwise provided herein):following:

BUYER'S INSPECTION PERIOD. BUYER shall have until the later of (i) forty-five (45) days after the Effective Date, or (ii) twenty (20) days after the date the SELLER has furnished the BUYER with all of the Data set forth below Closing Date ("BUYER's Inspection Period")) commencing from the Effective Date, during which time BUYER shall have the right to perform such due diligence evaluations as BUYER may reasonably require in connection with its evaluation of the Property, including, but not limited to, environmental, soils, flood plain, legal, financial and engineering studies (the "Data")studies, all at BUYER's sole cost and expense. BUYER hereby indemnifies and agrees to hold harmless and defend SELLER from and against any and all losses or claims for property damage or personal injury or any liability under any environmental or other law arising out of BUYER's inspections and BUYER and/or any contractor of BUYER shall, prior to entry on the Real Property hereunder, obtain casualty/liability insurance in an amount satisfactory to SELLER, or to add SELLER to existing policies as a named insured, and provide SELLER with a certificate of insurance evidencing that SELLER is insured against any such loss. In the event that any inspection by BUYER or any consultant engaged by BUYER in connection with BUYER's due diligence results in any damage or disturbance to the Property or any other damage or disturbancedisturbance which Tenant requires SELLER to repair, BUYER shall cause such consultant, or undertake itself, at no cost to SELLER, to repair promptly such damage and restore such Property to the condition it was in immediately prior to such inspection. If BUYER approves BUYER, in BUYER's reasonable judgment, believes the results of the Dataits due diligence investigation to be unsatisfactory, BUYER shall deliver may elect to terminate this Agreement of Sale by written notice to SELLER indicating delivered not later than the last day of BUYER's approval of the Data (the "Data Approval Notice") prior to the expiration of the Inspection Period. In such event, the Deposit will be refunded to BUYER by Escrow Agent. If BUYER fails to deliver the Data Approval Notice notice of termination, as aforesaid, the Data BUYER shall be deemed unsatisfactory to BUYER and have irrevocably waived its right to terminate this Agreement of Sale pursuant to this paragraph 8, and shall automatically terminate, in which event, be obligated to pay to the Escrow Agent shall immediately return the Deposit, plus any accrued interest, to BUYER and the parties Deposit described in paragraph 3(b). BUYER's Inspection Period shall be released from any further obligations hereunder. In connection extended one (1) day for each day SELLER fails to provide BUYER with BUYER's due diligence evaluations of the Property, SELLER agrees to furnish the following information to BUYER on the Effective Date (unless otherwise provided herein):following:

BUYER'S INSPECTION PERIOD. BUYER shall have until the later of (i) forty-five (45) days after the Effective DateApril 15, or (ii) twenty (20) days after the date the SELLER has furnished the BUYER with all of the Data set forth below 1999 ("BUYER's Inspection Period"), during which time BUYER shall have the right to perform such due diligence evaluations as BUYER may reasonably require in connection with its evaluation of the Property, including, but not limited to, environmental, soils, flood plain, legal, financial and engineering studies (the "Data"), all at BUYER's sole cost and expense. BUYER hereby indemnifies and agrees to hold harmless and defend SELLER from and against any and all losses or claims for property damage or personal injury or any liability under any environmental or other law arising out of BUYER's inspections and BUYER and/or any contractor of BUYER shall, prior to entry on the Real Property hereunder, obtain casualty/liability insurance in an amount satisfactory to SELLER, or to add SELLER to existing policies as a named insured, and provide SELLER with a certificate of insurance evidencing that SELLER is insured against any such loss. In the event that any inspection by BUYER or any consultant engaged by BUYER in connection with BUYER's due diligence results in any damage or disturbance to the Property or any other damage or disturbance, BUYER shall cause such consultant, or undertake itself, at no cost to SELLER, to repair promptly such damage and restore such Property to the condition it was in immediately prior to such inspection. If BUYER approves of the Data, BUYER shall deliver written notice to SELLER indicating BUYER's approval of the Data (the "Data Approval Notice") prior to the expiration of the Inspection Period. If BUYER fails to deliver the Data Approval Notice as aforesaid, the Data shall be deemed unsatisfactory to BUYER and this Agreement shall automatically terminate, in which event, Escrow Agent shall immediately return the Deposit, plus any accrued interest, to BUYER and the parties shall be released from any further obligations hereunder. In connection with BUYER's due diligence evaluations of the Property, SELLER agrees to furnish the following information to BUYER on within five (5) days of the Effective Date (unless otherwise provided herein):

BUYER'S INSPECTION PERIOD. BUYER shall have until the later of a thirty (i30) forty-five day period (45"BUYER'S Inspection Period") days after the Effective Date, or (ii) twenty (20) days after commencing from the date the SELLER has furnished mailed the BUYER with all notice to the officers of the Data set forth below homeowners association ("BUYER's Inspection PeriodHOA") contemplated by Section 723.071(1)(c), Florida Statutes(the "Statutory Compliance") during which time BUYER shall have the right to perform such due diligence evaluations as BUYER may reasonably require in connection with its evaluation of the Property, including, but not limited to, environmental, soils, flood plain, legal, financial and engineering studies (the "Data"), all at BUYER's 'S sole cost and expense. BUYER hereby indemnifies and agrees to hold harmless and defend SELLER from and against any and all losses or claims for property damage or personal injury or any liability under any environmental or other law arising out of BUYER's inspections and BUYER and/or any contractor of BUYER shall, prior to entry on the Real Property hereunder, obtain casualty/liability insurance in an amount satisfactory to SELLER, or to add SELLER to existing policies as a named insured, and provide SELLER with a certificate of insurance evidencing that SELLER is insured against any such loss. In the event that any inspection by BUYER or any consultant engaged by BUYER in connection with BUYER's 'S due diligence results in any damage or disturbance to the Property or any other damage or disturbance, BUYER shall cause such consultant, or undertake itself, at no cost to SELLER, to repair promptly such damage and restore such Property to the condition it was in immediately prior to such inspectioninspection within 15 days after the damage occurs. If BUYER approves of the Data, BUYER shall deliver written notice to SELLER indicating BUYER's 'S approval of the Data (the "Data Approval Notice") prior to the expiration of the Inspection Period. If BUYER fails to deliver the Data Approval Notice as aforesaid, the Data shall be deemed unsatisfactory to BUYER and this Agreement shall automatically terminate, in which event, event Escrow Agent shall immediately return the Deposit, plus any accrued interest, to BUYER and the parties shall be released from any further obligations hereunder. In connection with BUYER's 'S due diligence evaluations of the Property, SELLER agrees to furnish the following information to BUYER on the Effective Date (unless otherwise provided herein):