Common use of INSPECTION CONTINGENCY Clause in Contracts

INSPECTION CONTINGENCY. a) Inspections shall be completed and results reported to Seller on or before 5:00 P.M. on: b) Seller agrees to permit Buyer’s designees to inspect the real property during the period from Seller’s acceptance until the date set forth in (a) above. If Buyer is not satisfied with the physical condition of the real property, and so notifies Seller in writing prior to the date specified in (a) above, then Buyer may at Buyer’s option terminate this Agreement. Buyer may give Seller the option to correct the conditions that are unsatisfactory to the Buyer. Should Buyer elect to terminate this Agreement or Seller is unwilling to correct any unsatisfactory conditions the Buyer shall notify Seller on or before 5:00PM. on: of Buyer’s election to terminate this Agreement and if terminated this Agreement shall be null and void and any deposit monies paid hereunder shall be returned immediately to Buyer and neither Buyer nor Seller shall have any claims against each other under the terms of this Agreement. If Buyer fails to notify Seller as provided herein, this contingency shall be deemed satisfied and this Agreement shall continue in full force and effect. c) If initiated here , Buyer does NOT choose to have any inspections performed and WAIVES any rights to object to any defects in the property that would have been disclosed by a full and complete inspections.

INSPECTION CONTINGENCY. a) Inspections shall be completed and results reported to Seller on or before 5:00 P.M. on:_________________________________________ b) Seller Xxxxxx agrees to permit BuyerXxxxx’s designees to inspect the real property during the period from Seller’s acceptance until the date set forth in (a) above. If Buyer Xxxxx is not satisfied with the physical condition of the real property, and so notifies Seller in writing prior to the date specified in (a) above, then Buyer may at Buyer’s option terminate this Agreement. Buyer may give Seller the option to correct the conditions that are unsatisfactory to the Buyer. Should Buyer elect to terminate this Agreement or Seller is unwilling to correct any unsatisfactory conditions the Buyer shall notify Seller on or before 5:00PM. 5:00P.M. on: :______________________ of Buyer’s election to terminate this Agreement and if terminated this Agreement shall be null and void and any deposit monies paid hereunder shall be returned immediately to Buyer and neither Buyer nor Seller shall have any claims against each other under the terms of this Agreement. If Buyer fails to notify Seller as provided herein, this contingency shall be deemed satisfied and this Agreement shall continue in full force and effect. c) If initiated here below, Buyer Xxxxx does NOT choose to have any inspections performed and WAIVES any rights to object to any defects in the property that would have been disclosed by a full and complete inspections.

INSPECTION CONTINGENCY. Broker Recommends (a) Inspections shall be completed and results reported to Seller on or before 5:00 P.M. on:: . (b) Seller agrees to permit Buyer’s designees to inspect the real property Real Property during the period from Seller’s acceptance until the date set forth in (a) above. If Buyer is not satisfied with the physical condition of the real property, Real Property and so notifies Seller in writing prior to the time and date specified in (a) above, then Buyer may may, at Buyer’s option option, terminate this Agreement. Buyer may give Seller the option to correct the conditions that are unsatisfactory to the Buyer. Should Buyer elect to terminate this Agreement or Seller is unwilling to correct any unsatisfactory conditions conditions, the Buyer shall notify Seller on or before 5:00PM. 5:00 P.M. on: of Buyer’s election to terminate this Agreement Agreement, and if terminated Terminated this Agreement shall be null and void and any deposit Deposit monies paid hereunder shall be returned immediately to Buyer and neither Buyer nor Seller shall have any claims against each other under the terms of this Agreement. If Buyer fails to notify Seller as provided herein, this contingency shall be deemed satisfied and this Agreement shall continue in full force and effect. (c) If initiated here initialed below, Buyer does NOT choose to have any inspections performed and WAIVES any rights to object to any defects in the property Real Property that would have been disclosed by a full and complete inspections.inspection. Initials

INSPECTION CONTINGENCY. a) Inspections shall be completed and results reported to Seller on or before 5:00 P.M. on:_________________________________________ b) Seller Xxxxxx agrees to permit BuyerXxxxx’s designees to inspect the real property during the period from Seller’s acceptance until the date set forth in (a) above. If Buyer Xxxxx is not satisfied with the physical condition of the real property, and so notifies Seller in writing prior to the date specified in (a) above, then Buyer may at Buyer’s option terminate this Agreement. Buyer may give Seller the option to correct the conditions that are unsatisfactory to the Buyer. Should Buyer elect to terminate this Agreement or Seller is unwilling to correct any unsatisfactory conditions the Buyer shall notify Seller on or before 5:00PM. on: :______________________ of Buyer’s election to terminate this Agreement and if terminated this Agreement shall be null and void and any deposit monies paid hereunder shall be returned immediately to Buyer and neither Buyer nor Seller shall have any claims against each other under the terms of this Agreement. If Buyer fails to notify Seller as provided herein, this contingency shall be deemed satisfied and this Agreement shall continue in full force and effect. c) If initiated here initialed here____________, Buyer Xxxxx does NOT choose to have any inspections performed and WAIVES any rights to object to any defects in the property that would have been disclosed by a full and complete inspections.

INSPECTION CONTINGENCY. a) Inspections shall be completed and results reported to Seller on or before 5:00 P.M. on: b) Seller agrees to permit Buyer’s designees to inspect the real property during the period from Seller’s acceptance until the date set forth in (a) above. If Buyer is not satisfied with the physical condition of the real property, and so notifies Seller in writing prior to the date specified in (a) above, then Buyer may at Buyer’s option terminate this Agreement. Buyer may give Seller the option to correct the conditions that are unsatisfactory to the Buyer. Should Buyer elect to terminate this Agreement or Seller is unwilling to correct any unsatisfactory conditions the Buyer shall notify Seller on or before 5:00PM. 5:00P.M. on: _ of Buyer’s election to terminate this Agreement and if terminated this Agreement shall be null and void and any deposit monies paid hereunder shall be returned immediately to Buyer and neither Buyer nor Seller shall have any claims against each other under the terms of this Agreement. If Buyer fails to notify Seller as provided herein, this contingency shall be deemed satisfied and this Agreement shall continue in full force and effect. c) If initiated here below, Buyer does NOT choose to have any inspections performed and WAIVES any rights to object to any defects in the property that would have been disclosed by a full and complete inspections.

INSPECTION CONTINGENCY. a) Inspections shall be completed and results reported to Seller on or before 5:00 P.M. on: b) Seller Xxxxxx agrees to permit BuyerXxxxx’s designees to inspect the real property during the period from Seller’s acceptance until the date set forth in (a) above. If Buyer Xxxxx is not satisfied with the physical condition of the real property, and so notifies Seller in writing prior to the date specified in (a) above, then Buyer may at Buyer’s option terminate this Agreement. Buyer may give Seller the option to correct the conditions that are unsatisfactory to the Buyer. Should Buyer elect to terminate this Agreement or Seller is unwilling to correct any unsatisfactory conditions the Buyer shall notify Seller on or before 5:00PM. 5:00P.M. on: of BuyerXxxxx’s election to terminate this Agreement and if terminated this Agreement shall be null and void and any deposit monies paid hereunder shall be returned immediately to Buyer and neither Buyer nor Seller shall have any claims against each other under the terms of this Agreement. If Buyer fails to notify Seller as provided herein, this contingency shall be deemed satisfied and this Agreement shall continue in full force and effect. c) If initiated here below, Buyer Xxxxx does NOT choose to have any inspections performed and WAIVES any rights to object to any defects in the property that would have been disclosed by a full and complete inspections.

INSPECTION CONTINGENCY. a) Inspections shall be completed and results reported to Seller on or before 5:00 P.M. on:on (Inspection Period). b) Seller agrees to permit Buyer’s designees to inspect the real property Property during the period from Seller’s acceptance until the date set forth in (a) aboveInspection Period. If Buyer is not satisfied satis- fied with the physical condition of the real propertyProperty, and so notifies Seller in writing prior to the date specified in (a) aboveexpiration of the Inspection Period, then Buyer may may, at Buyer’s option option, (1) terminate this Agreement. Buyer may Agreement or (2) give Seller the option to correct the conditions that are unsatisfactory to the Buyer. Should Buyer elect to terminate this Agreement or Seller is unwilling to correct any unsatisfactory conditions the Buyer shall notify Seller on or before 5:00PM. on: of Buyer’s election to terminate this Agreement and if terminated conditions, this Agreement shall be null and void and any deposit monies paid hereunder the Xxxxxxx Money Deposit shall be returned immediately to Buyer and neither Buyer nor Seller shall have any claims against each other under the terms of this Agreement. If Buyer fails to notify Seller as provided herein, this contingency Inspection Contingency shall be deemed satisfied and this Agreement shall continue in full force and effect. c) If initiated here initiated, Buyer does NOT choose to have any inspections performed and WAIVES any rights to object to any defects in the property Property that would have been disclosed by a full and complete inspections.inspections except as provided under Paragraph 12 hereinbelow. BUYER’S INITIALS

INSPECTION CONTINGENCY. a) Inspections Buyer shall be completed and results reported entitled at its sole expense to conduct an inspection of the Premises for the purposes of satisfying itself as to the condition of the Premises, including without limitation as to zoning matters. If Buyer's inspection of the Premises reveals conditions unsatisfactory to the Buyer in its reasonable discretion, it shall so notify the Seller or Seller's attorney in writing on or before 5:00 P.M. on: bfive (5) Seller agrees business days from May 1, 2002 (the "Inspection Contingency Date"), whereupon (subject to permit the terms of Section 11C hereof) this Agreement shall terminate, all deposit monies shall be refunded to Buyer’s designees to inspect the real property during the period from Seller’s acceptance until the date set forth in (a) above. If Buyer is not satisfied with the physical condition of the real property, and so notifies Seller in writing prior to the date specified in (a) above, then Buyer may at Buyer’s option terminate this Agreement. Buyer may give Seller the option to correct the conditions that are unsatisfactory to the Buyer. Should Buyer elect to terminate this Agreement or Seller is unwilling to correct any unsatisfactory conditions the Buyer shall notify Seller on or before 5:00PM. on: of Buyer’s election to terminate this Agreement and if terminated this Agreement shall be null of no further force or effect and void Seller and any deposit monies paid hereunder Buyer shall be returned immediately discharged of all liability, each to the other, hereunder. Seller agrees to cooperate with Buyer in providing access to the Premises and to any surveys or reports pertaining to the Premises in Seller’s possession, and Seller shall at Buyer's request execute and deliver to Buyer and neither such evidence of Buyer's authorization to conduct such inspection as Buyer nor Seller shall have any claims against each other under the terms of this Agreementreasonably deems necessary. If Buyer fails to notify Seller as provided hereinor Seller's attorney does not receive such written notice on or before the Inspection Contingency Date, this contingency shall be deemed satisfied to be fulfilled and this Agreement shall continue remain in full force and effect. c) If initiated here , Buyer does NOT choose to have any inspections performed and WAIVES any rights to object to any defects in the property that would have been disclosed by a full and complete inspections.

INSPECTION CONTINGENCY. a) Inspections Seller shall be completed permit Buyer ingress and results reported egress to Seller go in, on or before 5:00 P.M. on: bover the Property for the purpose of conducting environmental testing, inspection of the structure, roof, and mechanical systems as Buyer may desire; provided, however, that Buyer shall repair any and all damage by reason of any such activities and shall indemnify, defend and save Seller harmless for any liability, costs or expenses caused by Buyer's negligence or failure to make such repairs of all damage by reason of such activities; and provided, further, that in the exercise of its rights pursuant to this Paragraph 29, Buyer shall not materially interfere with the conduct of Seller's operations being conducted on the Property and shall give Seller one (1) Seller agrees day advance notice of any such activities Buyer plans to permit Buyer’s designees to inspect conduct on the real property during the period from Seller’s acceptance until the date set forth in (a) aboveProperty. If Buyer's examinations, in Buyer's sole and absolute discretion, reveal unacceptable conditions, Buyer is not satisfied with the physical condition of the real propertymay, and so notifies Seller in writing prior to the date specified in (a) aboveno later than August 13, then Buyer may at Buyer’s option terminate this Agreement. Buyer may give Seller the option to correct the conditions that are unsatisfactory to the Buyer. Should Buyer elect to 1999, terminate this Agreement or by giving Seller is unwilling written notification of such election whereupon all deposits and interest accrued thereof shall be paid to correct any unsatisfactory conditions the Buyer shall notify Seller on or before 5:00PM. on: of Buyer’s election to terminate this Agreement and if terminated then and thereafter this Agreement shall be null and void and any deposit monies paid hereunder shall be returned immediately to Buyer and neither Buyer nor Seller shall have any claims against each other under the terms of this Agreementvoid. If Buyer fails to notify does not give Seller as provided hereinsuch notice within such period, this contingency condition shall be deemed satisfied to be and shall be waived and Seller and Buyer shall proceed to Settlement as set forth in this Agreement shall continue in full force and effectAgreement. c) If initiated here , Buyer does NOT choose to have any inspections performed and WAIVES any rights to object to any defects in the property that would have been disclosed by a full and complete inspections.

INSPECTION CONTINGENCY. a) Inspections shall be completed and results reported to Seller on or before 5:00 P.M. on: b) Seller Xxxxxx agrees to permit BuyerXxxxx’s designees to inspect the real property during the period from Seller’s acceptance until the date set forth in (a) above. If Buyer Xxxxx is not satisfied with the physical condition of the real property, and so notifies Seller in writing prior to the date specified in (a) above, then Buyer may at Buyer’s option terminate this Agreement. Buyer may give Seller the option to correct the conditions that are unsatisfactory to the Buyer. Should Buyer elect to terminate this Agreement or Seller is unwilling to correct any unsatisfactory conditions the Buyer shall notify Seller on or before 5:00PM. on: of BuyerXxxxx’s election to terminate this Agreement and if terminated this Agreement shall be null and void and any deposit monies paid hereunder shall be returned immediately to Buyer and neither Buyer nor Seller shall have any claims against each other under the terms of this Agreement. If Buyer fails to notify Seller as provided herein, this contingency shall be deemed satisfied and this Agreement shall continue in full force and effect. c) If initiated initialed here , Buyer does NOT choose to have any inspections performed and WAIVES any rights to object to any defects in the property that would have been disclosed by a full and complete inspectionsperformed.