Due Diligence Inspection and Feasibility Sample Clauses

Due Diligence Inspection and Feasibility. Buyer’s purchase of the Property is expressly contingent upon Buyer’s review and approval, in Buyer’s sole and absolute discretion, that the Property is suitable for Buyer’s intended use, including geotechnical analyses and environmental inspection and assessment pursuant to Section 5.1.1 below (“Due Diligence Contingency”). If Buyer is not satisfied with the condition of the Property, its inspection and testing pursuant to Section 5.1.1. below, Buyer may terminate this Agreement by delivering written notice of termination to Seller within three hundred and thirty (330) days after the Effective Date (“Due Diligence Period”). In such event this Agreement shall terminate, and the Parties shall have no further obligations hereunder. Absent Buyer’s timely delivery of such termination notice, the Due Diligence Contingency shall be deemed waived by Buyer and the Parties shall proceed to Closing, subject to all terms and conditions of this Agreement.
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Due Diligence Inspection and Feasibility. Buyer shall satisfy itself by investigation and inspection at its cost and expense in its sole and absolute discretion that the condition of the Property for Buyer’s contemplated use meets with its approval. If Buyer approves of the condition of the Property, Buyer agrees to notify Seller, in writing, thereby removing the contingency. Buyer shall make such determination within ( ) days following the date of mutual execution of this Agreement (“Due Diligence Period”). In the event this contingency is not satisfied or waived within the Due Diligence Period, Buyer may terminate this Agreement upon written notice to Seller on or before the expiration of the Due Diligence Period, and neither party shall have any further rights or obligations to the other hereunder.
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Due Diligence Inspection and Feasibility. Buyer shall satisfy itself by investigation and inspection, at its cost and expense and in its sole and absolute discretion, that the condition of the Property for Xxxxx’s contemplated use meets with its approval (“Due Diligence Contingency”). As used herein, the term “Due Diligence Period” means the period ending on the date that is sixty (60) days from execution of this Agreement by both parties. If Xxxxx is not satisfied with the condition of the Property, Buyer may terminate this Agreement by delivering written notice of termination to Seller prior to the expiration of the Due Diligence Period. In such event this Agreement shall terminate, the Deposit shall be returned to Buyer and the Parties shall have no further obligations hereunder. If Buyer fails to give such notice to terminate within the Due Diligence Period or affirmatively gives notice that this Due Diligence Contingency is satisfied or waived within the Due Diligence Period, Buyer shall be obligated hereunder without further contingency and the Deposit shall be nonrefundable to Buyer except in the event of a default hereunder by Seller or as may otherwise be required by this Agreement.
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Due Diligence Inspection and Feasibility. Donee shall satisfy itself by investigation and inspection, at its cost and expense in its sole and absolute discretion, that the condition of the Property for Xxxxx’s contemplated use meets with its approval (“Due Diligence Contingency”). If Xxxxx is not satisfied with the condition of the Property, Donee may terminate this Agreement by delivering written notice of termination to Donor within sixty (60) days of the Effective Date (“Due Diligence Period”). This contingency includes but is not limited to the following scenario: if the City of Shoreline indicates, whether in writing or verbally, to the King County Department of Community and Health Services that a behavioral health facility as defined in Section 2.1 is not allowed, cannot meet conditional use permit requirements, or the City of Shoreline will not permit such facility, then this Agreement will terminate upon Donee’s written notice to Donor.
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Due Diligence Inspection and Feasibility. Buyer shall satisfy itself by investigation and inspection, at its cost and expense in its sole and absolute discretion, that the condition of the Property for Buyer’s contemplated use meets with its approval. If Buyer approves of the condition of the Property, Buyer agrees to notify Seller, in writing, thereby removing the contingency. Buyer shall make such determination within ( ) days following the date of mutual execution of this Agreement (“Due Diligence Period”). ; provided, however, that Buyer may, as provided for in Section 5.1.3 of this Agreement and at its sole and absolute discretion, waive its right to conduct further due diligence and feasibility investigation and inspection, thereby removing this contingency concurrent with the date of mutual execution of this Agreement.. In the event this contingency is not satisfied or waived within the Due Diligence Period, Buyer may terminate this Agreement upon written notice to Seller on or before the expiration of the Due Diligence Period, and neither Party shall have any further rights or obligations to the other hereunder.
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Due Diligence Inspection and Feasibility. Buyer shall satisfy itself by investigation and inspection, at its cost and expense in its sole and absolute discretion, that the condition of the Property for Xxxxx’s contemplated use meets with its approval (“Due Diligence Contingency”). If Xxxxx is not satisfied with the condition of the Property, Buyer may terminate this Agreement by delivering written notice of termination to Seller within sixty (60) days of the Effective Date (“Due Diligence Period”). In such event this Agreement shall terminate, the Deposit shall be returned to Buyer and the Parties shall have no further obligations hereunder. If Buyer fails to give such notice to terminate within the Due Diligence Period or affirmatively gives notice that this Due Diligence Contingency is satisfied or waived within the Due Diligence Period, Buyer shall be obligated hereunder without further contingency and the Deposit shall be nonrefundable to Buyer except in the event of a default hereunder by Seller, or as otherwise contemplated in this Agreement. Seller and Xxxxx may agree in writing to extend the Due Diligence Period. Notwithstanding anything to the contrary contained in this Agreement, amendments to this Agreement to extend the Due Diligence Period may be agreed in writing or email by each party or each party’s respective attorney, and any notice to terminate this Agreement prior to the expiration of the Due Diligence Period may be given, by Xxxxx as provided in this Agreement or by Buyer or Xxxxx’s attorney by fax or by email to Seller and/or Seller’s attorney.
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Related to Due Diligence Inspection and Feasibility

  • Inspection and Tests 3.8.1 The Procuring entity or its representative shall have the right to inspect and/or to test the goods to confirm their conformity to the Contract specifications. The Procuring entity shall notify the tenderer in writing in a timely manner, of the identity of any representatives retained for these purposes.

  • Inspection and Testing Each Constructing Entity shall cause inspection and testing of the Interconnection Facilities that it constructs in accordance with the provisions of this section. The Construction Parties acknowledge and agree that inspection and testing of facilities may be undertaken as facilities are completed and need not await completion of all of the facilities that a Constructing Entity is building.

  • 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, or inspection of the Contract 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.

  • INSPECTION AND REJECTION 8.1 Purchaser shall have the right to inspect and test Products at any time prior to shipment, and within a reasonable time after delivery to the Purchaser’s Destination. Products not inspected within a reasonable time after delivery shall be deemed accepted by Purchaser. The payment for Products shall in no way impair the right of Purchaser to reject nonconforming Products, or to avail itself of any other remedies to which it may be entitled.

  • 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.

  • Due Diligence During the term of this Agreement, the Company will reasonably cooperate with any reasonable due diligence review conducted by the Agent in connection with the transactions contemplated hereby, including, without limitation, providing information and making available documents and senior corporate officers, during normal business hours and at the Company’s principal offices, as the Agent may reasonably request from time to time.

  • TESTING AND INSPECTION 6.1 Pre-Commercial Operation Date Testing and Modifications

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