Common use of Conduct of Review Clause in Contracts

Conduct of Review. Prior to conducting Buyer’s Environmental Review, Buyer shall furnish Seller with a written proposed scope of Buyer’s Environmental Review, including a description of the activities to be conducted and the locations of such activities. No third person, other than the Environmental Consultant and Buyer’s employees, may conduct Buyer’s Environmental Review. Buyer shall not commence any activity proposed to be included in Buyer’s Environmental Review unless and until such activity (including the location thereof) has been approved in writing by Seller which approval shall not be unreasonably withheld or delayed; provided, that if Seller declines to approve a proposed activity, Buyer may elect to exclude the affected property from the transaction and the Purchase Price will be adjusted downward accordingly. Seller shall have the right to be present during any inspection (including Buyer’s Environmental Review) of the Assets and shall have the right, at its option and expense, to split samples with Buyer.

Conduct of Review. Prior to conducting Buyer’s 's Environmental Review, ----------------- Buyer shall furnish Seller with a written proposed scope of Buyer’s 's Environmental Review, including a description of the activities to be conducted and the locations of such activities. No third personPerson, other than the Environmental Consultant and Buyer’s employees's employees and attorneys, may conduct Buyer’s 's Environmental Review. Buyer shall not commence any activity proposed to be included in Buyer’s 's Environmental Review unless and until such activity (including the location thereof) has been approved in writing by Seller Seller, which approval shall not be unreasonably withheld and shall be given or delayed; provided, that if denied within two Business Days after Buyer furnishes Seller declines with reasonably sufficient information with respect to approve a proposed such activity, Buyer may elect to exclude the affected property from the transaction and the Purchase Price will be adjusted downward accordingly. Seller or its representative shall have the right to be present during any inspection (including Buyer’s 's Environmental Review) of the Assets and shall have the right, at its option and expense, to split samples with Buyer.

Conduct of Review. Prior to conducting Buyer’s Environmental Review, Buyer shall furnish Seller with a written proposed scope of Buyer’s Environmental Review, including a description of the activities to be conducted and the locations of such activities. No third person, other than the Environmental Consultant and Buyer’s employees, may conduct Buyer’s Environmental Review. Buyer shall not commence any activity proposed to be included in Buyer’s Environmental Review unless and until such activity (including the location thereof) has been approved in writing by Seller which approval shall not be unreasonably withheld or delayed; provided, that if Seller declines to approve a proposed activity, Buyer may elect to exclude the affected property from the transaction and the Purchase Price will be adjusted downward accordingly. Seller shall have the right to be present during any inspection (including Buyer’s Environmental Review) of the Assets and shall have the right, at its option and expense, to split samples with Buyer.