General Feasibility Sample Clauses

General Feasibility. City will deliver to NCSD, as soon as possible following the execution of this MOU, such further documents, plans, maps, studies, reports, records, permits, licenses and contracts relating to the Supplemental Water that NCSD may deem necessary or desirable in order to assess the viability and feasibility of the Supplemental Water for NCSD's intended use. NCSD will have until the proposed Contract Date to review and approve or disapprove the same. Additionally, during the term of the MOU, NCSD shall investigate the costs and general feasibility of constructing and operating an interconnection with City’s retail distribution system. City shall provide reasonable assistance to NCSD in conducting this feasibility investigation.
AutoNDA by SimpleDocs
General Feasibility. Within ninety (90) days after the Effective Date, Buyer shall determine to Buyer's satisfaction that the Property is otherwise suitable for the Project and that there exists no facts, matters or circumstances concerning the Shopping Center or the Property that are unacceptable to Buyer in Buyer's sole and absolute discretion.
General Feasibility. The obligation of Purchaser to close the transaction contemplated hereby is subject to Purchaser’s review and approval, at its sole cost and expense, on or before the Due Diligence Approval Date, of the Due Diligence Materials, and of the results of the Inspections. If, for any reason, Purchaser, in its sole discretion, is not satisfied with any of the foregoing, then Purchaser may, at its option, on or before the expiration of the Due Diligence Approval Date in the manner hereinafter described, elect to terminate this Agreement, in which event the Deposit and all net interest earned thereon shall promptly be returned to Purchaser, this Agreement shall become null and void and neither party shall have any further rights and obligations hereunder (subject, however, to survival of Purchaser’s Indemnity and Purchaser’s Confidentiality Obligations). Purchaser’s failure to give Seller written notice of termination on or before the Due Diligence Approval Date shall be deemed to be Purchaser’s election to proceed with the acquisition of the Property in accordance with this Agreement and any deposits shall become nonrefundable, but remain applicable to the Purchase Price. Absent such election or deemed election to terminate this condition shall be deemed satisfied, and the parties shall thereafter proceed to close the transaction contemplated by this Agreement as otherwise provided herein.
General Feasibility. Within the Due Diligence Period, Buyer shall determine to Buyer's satisfaction that the Property is otherwise suitable for the Project and that there exists no facts, matters or circumstances concerning the Shopping Center or the Property that are unacceptable to Buyer in Buyer's sole and absolute discretion.
General Feasibility. Buyer shall have until the date 14 calendar days following the execution of this Agreement to (i) determine whether the Property is suited to Buyer’s intended purposes and whether the acquisition of the Property is feasible and (ii) deliver to Seller (if Buyer desires to terminate this Agreement) its written notice of disapproval of the feasibility of the Property and the matters referred to in Paragraph 3(a) above. To assist Buyer with its due diligence, Seller shall provide or make available to Buyer, within 5 business days following the execution of this Agreement, information which shall include, without limitation, the following documents: (1) preliminary title report covering the Property,
General Feasibility. Buyer shall have until the date calendar days following the execution of this Agreement (“Buyer’s Contingency Period”) to (i) determine whether the Condominium Unit is suited to Buyer’s intended purposes, (ii) determine in Buyer’s sole discretion whether the acquisition of the Condominium Unit is feasible for the Buyer, and (iii) deliver to Seller its written notice of approval or disapproval of the feasibility of the Condominium Unit and the matters referred to in Paragraph 3(a) above. To assist Buyer in connection with its due diligence, Seller shall provide or make available to Buyer, within five (5) business days following the execution of this Agreement, a disclosure package which shall include, without limitation, the following documents, instruments, agreements or other writings: (1) Preliminary Title Report covering the Condominium Unit, (2) the CC&R’s, (3) the Articles, (4) the Bylaws, (5) the Condominium Plan (6) The Association’s Estimated Budget, (7) a Natural Hazard Disclosure Report and
General Feasibility 
AutoNDA by SimpleDocs

Related to General Feasibility

  • Feasibility Study Buyer is granted the right to conduct engineering and/or market and economic feasibility studies of the Property and a physical inspection of the Property, including studies or inspections to determine the existence of any environmental hazards or conditions (collectively, the “Feasibility Study”) during the period (the “Feasibility Period”) commencing on the Effective Date and ending at 5:00 p.m., Central Time, on the June 3, 2010. With Seller’s permission, after Seller has received advance notice sufficient to permit it to schedule in an orderly manner Buyer’s examination of the Property and to provide at least 24-hours’ advance written notice to any affected tenants, Buyer or its designated agents may enter upon the Property during normal business hours for purposes of analysis or other tests and inspections which may be deemed necessary by Buyer for the Feasibility Study. Buyer or its designated representative must be accompanied by a designated representative of Seller or have received Seller’s written permission prior to entering upon the Property in connection with Buyer’s Feasibility Study; provided, however, Buyer may not enter into any space leased by any tenant without being accompanied by a designated representative of Seller. Seller agrees to make its representative reasonably available during normal business hours. Buyer will not alter the physical condition of the Property or conduct invasive testing without notifying Seller of its requested tests, and obtaining the written consent of Seller to any physical alteration of the Property or invasive testing. Buyer will utilize commercially reasonable diligence to conduct or cause to be conducted all inspections and tests in a manner and at times which will not unreasonably interfere with any tenant’s use and occupancy of the Property. If Buyer determines, in its sole judgment, that the Property is not suitable for any reason for Buyer’s intended use or purpose, or is not in satisfactory condition, then Buyer may terminate this Contract by written notice to Seller prior to expiration of the Feasibility Period, in which case the Xxxxxxx Money (other than the Option Money) will be returned to Buyer, and neither party shall have any further right or obligation hereunder other than as set forth herein with respect to rights or obligations which survive termination. If this Contract is not terminated pursuant to this Section 5(a), then after expiration of the Feasibility Period, after Seller has received advance notice sufficient to permit it to schedule in an orderly manner Buyer’s examination of the Property and to provide at least 24-hours’ advance written notice to any affected tenants, Buyer or its designated agents may enter upon the Property during normal business hours. Buyer or its designated representative must be accompanied by a designated representative of Seller or have received Seller’s written permission prior to entering upon the Property; provided, however, Buyer may not enter into any space leased by any tenant without being accompanied by a designated representative of Seller. If this Contract is not timely terminated pursuant to this Section 5(a), Buyer’s right to terminate this Contract pursuant to this Section 5(a) and any and all objections with respect to the Feasibility Study will be deemed to have been waived by Buyer for all purposes.

Time is Money Join Law Insider Premium to draft better contracts faster.