Common use of Developer’s Investigation of the Site Clause in Contracts

Developer’s Investigation of the Site. During Developer’s Due Diligence Period, representatives of Developer shall have the right to access the Site during regular business hours and upon reasonable Notice to Agency for the purpose of obtaining data and conducting surveys and tests necessary to reasonably assess the suitability of the Site for the Project. Any surveys and tests conducted on the Site by Developer’s representatives shall be done at the sole expense of Developer and only after (i) Developer has secured any necessary permits from the appropriate governmental agencies and (ii) Developer has delivered to Agency a copy of the Right of Entry and License Agreement (Due Diligence) fully executed and acknowledged by Developer and satisfied the conditions precedent to Developer’s entry onto the Site set forth therein.‌

Appears in 2 contracts

Samples: Disposition and Development Agreement, Disposition and Development Agreement

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Developer’s Investigation of the Site. During Developer’s Due Diligence Period, representatives of Developer shall have the right to access the Site during regular business hours and upon reasonable Notice to Agency for the purpose of obtaining data and conducting surveys and tests necessary to reasonably assess the suitability of the Site for the Project. Any surveys and tests conducted on the Site by Developer’s representatives shall be done at the sole expense of Developer and only after (i) Developer has secured any necessary permits from the appropriate governmental agencies and (ii) Developer has delivered to Agency a copy of the Right of Entry and License Agreement (Due DiligenceDiligence and Pre-Closing Site Preparation) fully executed and acknowledged by Developer and satisfied the conditions precedent to Developer’s entry onto the Site set forth therein.‌therein.

Appears in 1 contract

Samples: Disposition and Development Agreement

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Developer’s Investigation of the Site. During Developer’s Due Diligence Period, representatives of Developer shall have the right to access the Site during regular business hours and upon reasonable Notice to Agency for the purpose of obtaining data and conducting surveys and tests necessary to reasonably assess the suitability of the Site for the Project. Any surveys and tests conducted on the Site by Developer’s representatives shall be done at the sole expense of Developer and only after (i) Developer has secured any necessary permits from the appropriate governmental agencies and (ii) Developer has delivered to Agency a copy of the Right of Entry and License Agreement (Due Diligence) fully executed and acknowledged by Developer and satisfied the conditions precedent to Developer’s entry onto the Site set forth therein.‌therein.

Appears in 1 contract

Samples: Disposition and Development Agreement

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