Inspection, Access, Records Sample Clauses

Inspection, Access, Records. The County shall have the right at reasonable business hours (or at any hour if necessary in an emergency) to enter upon the Leased Property for the purposes of inspecting the Leased Property or performing obligations of the Bank or its sublessee or assignee under this Site Lease which the Bank or its sublessee or assignee neglects to perform and which the County elects to undertake. The County agrees that, after an Event of Nonappropriation or an Event of Default under the Lease, and if this Site Lease has not been terminated pursuant to Section 3.1 hereof, the Bank or any sublessee or assignee shall have full rights of ingress and egress to the Leased Property, and the County hereby agrees to execute and deliver any licenses, easements or rights-of-way that may be reasonably necessary to confirm such rights. The County agrees that the Bank and its duly authorized agents shall have the right at all reasonable times to examine the books, records, reports and other papers of the County with respect to the Leased Property. The Bank or its sublessee or assignee agree that the County and its duly authorized agents shall have the right at all reasonable times to examine the books, records, reports and other papers of the Bank or its sublessee or assignee with respect to the Leased Property. The County may, at its own cost, not more frequently than once in any twelve-month period, cause an audit to be made of the books, records, reports and other papers of the Bank or its sublessee or assignee with respect to the Leased Property. The Bank acknowledges that it is obtaining only a leasehold interest in the Leased Property pursuant to this Site Lease, and that the County shall retain possession of the Leased Property and continue to utilize the Leased Property for County purposes (assuming no Event of Default or Event of Nonappropriation has occurred and is continuing).
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Inspection, Access, Records. The County shall have the right at reasonable business hours (or at any hour if necessary in an emergency) to enter upon the Leased Property for the purposes of inspecting the Leased Property or performing obligations of BB&T or its sublessee or assignee under this Site Agreement which BB&T or its sublessee or assignee neglects to perform and which the County elects to undertake. The County agrees that, after an Event of Nonappropriation or an Event of Default under the Lease, and if this Site Agreement has not been terminated pursuant to Section 3.1 hereof, BB&T or any sublessee or assignee shall have full rights of ingress and egress to the Leased Property, and the County hereby agrees to execute and deliver any licenses, easements or rights-of-way that may be reasonably necessary to confirm such rights. The County agrees that BB&T and its duly authorized agents shall have the right at all reasonable times to examine the books, records, reports and other papers of the County with respect to the Leased Property. BB&T or its sublessee or assignee agree that the County and its duly authorized agents shall have the right at all reasonable times to examine the books, records, reports and other papers of BB&T or its sublessee or assignee with respect to the Leased Property. The County may, at its own cost, not more frequently than once in any twelve-month period, cause an audit to be made of the books, records, reports and other papers of BB&T or its sublessee or assignee with respect to the Leased Property.

Related to Inspection, Access, Records

  • Inspection Period Buyer shall be under no obligation to purchase the Property or otherwise perform under this Agreement unless Buyer determines the Property to be, in all respects, suitable for its intended purposes. The decision as to whether the Property is suitable for its intended purposes shall be the sole decision of Buyer, determined in the absolute discretion of Buyer, with Buyer’s decision being final and binding upon both Parties. Buyer shall have until , 20 , at : ☐ AM ☐ PM to notify Seller of its termination of this Agreement due to Buyer's determination that the Property is unsuitable for its intended purpose ("Inspection Period"). In the event Buyer elects to terminate this Agreement, Buyer shall provide written notice of termination to Seller prior to the expiration of the Inspection Period. In the event Buyer provides said notice of termination, Seller and any Escrow Agent shall be obligated to return the Escrow Money to the Buyer as provided in Section V hereof, and neither party shall have any further rights or obligations under this Agreement. In the event Buyer does not submit written notice of termination prior to the expiration of the Inspection Period, the Buyer shall be deemed to be satisfied with its inspections of the Property and this contingency shall be deemed to be fulfilled. The Seller, at no expense, shall fully cooperate with Buyer in obtaining any and all approvals required from any Federal, State, or Local Government ("Governmental Approvals") necessary for Buyer to satisfy their needs during the Inspection Period for the suitability of the Property. Said Governmental Approvals shall be obtained during the Inspection Period unless the Parties agree otherwise. Any additional agreements related to this Section must be done in writing and attached to this Agreement.

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