Inspection Obligation Sample Clauses

Inspection Obligation. When the Supply is taken over, the Buyer is obliged to carry out inspection in order to check whether the Supply is not defective. The Buyer is obliged to notify PBS in writing of any defects of the Supply (including quantity-related defects) at the time of takeover or without undue delay, however, no later than 7 days after the takeover. PBS shall not be responsible for defects of the Supply if the Buyer fails to carry out the inspection or fails to notify PBS in writing in proper and timely manner.
AutoNDA by SimpleDocs
Inspection Obligation. Buyer and its Authorized Agents shall: (a) not disturb the Tenants or interfere with their use of the Properties pursuant to their respective Leases; (b) not interfere with the operation and maintenance of the Properties; (c) not damage any part of the Properties or any personal property owned or held by any Tenant or any third party; (d) not injure or otherwise cause bodily harm to Sellers, their agents, contractors and employees or any Tenant; (e) promptly pay when due the costs of all tests, investigations, and examinations done with regard to the Properties with Buyer’s authorization; (f) not permit any liens to attach to the Properties by reason of the exercise of Buyer’s rights hereunder; and (g) restore the Properties to the condition in which the same was found before any such inspections or tests were undertaken. Buyer hereby agrees to pay, indemnify, protect, defend (with counsel acceptable to Sellers in Sellers’ reasonable discretion), save and hold Seller harmless of and from all debts, duties, obligations, liabilities, suits, claims, demands, settlements, causes of action, damages, losses, fees and expenses (including, without limitation, reasonable attorneys’ fees and expenses and court costs) as a result of any act or omission of Buyer or Buyer’s Authorized Agents in connection with Buyer or Buyer’s Authorized Agents entering upon the Properties or in exercising its rights under this Section 4. Buyer’s obligations set forth in this Section 4(D) shall survive the Closing or earlier termination of this Agreement for a period of six (6) months.
Inspection Obligation. For the purpose of determining compliance with Public Contract Code 10115, et seq. and Title 21, California Code of Regulations, Chapter 21, Section 2500 et seq., when applicable and other matters connected with the performance of the Agreement pursuant to Government Code 8546.7; the Consultant and its subconsultants, and the City shall maintain and make available for inspection all books, documents, papers, accounting records, and other evidence pertaining to the performance of the Agreement, including but not limited to, the costs of administering the Agreement. All parties shall make such materials available at their respective offices at all reasonable times during the Agreement period and for three years from the date of final payment under the Agreement. The state, State Auditor, City, FHWA, or any duly authorized representative of the Federal Government shall have access to any books, records, and documents of the Consultant and it’s certified public accountants (CPA) work papers that are pertinent to the Agreement and indirect cost rates (ICR) for audit, examinations, excerpts, and transactions, and copies thereof shall be furnished if requested. Subcontracts in excess of $25,000 shall contain this provision.
Inspection Obligation. Buyer and its Authorized ---------------------- Agents shall: (a) not disturb the Tenants or interfere with their use of the Properties pursuant to their respective Leases; (b) not interfere with the operation and maintenance of the Properties; (c) not damage any part of the Properties or any personal property owned or held by any Tenant or any third party; (d) not injure or otherwise cause bodily harm to Sellers, their agents, contractors and employees or any Tenant; (e) promptly pay when due the costs of all tests, investigations, and examinations done with regard to the Properties with Buyer's authorization; (f) not permit any liens to attach to the Properties by reason of the exercise of Buyer's rights hereunder; and (g) restore the Properties to the condition in which the same was found before any such inspections or tests were undertaken, normal wear and tear excepted.

Related to Inspection Obligation

  • Indemnification Obligation The Offerors shall jointly and severally indemnify and hold harmless the Placement Agents and the Purchaser and each of their respective agents, employees, officers and directors and each person that controls either of the Placement Agents or the Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act, and agents, employees, officers and directors or any such controlling person of either of the Placement Agents or the Purchaser (each such person or entity, an “Indemnified Party”) from and against any and all losses, claims, damages, judgments, liabilities or expenses, joint or several, to which such Indemnified Party may become subject under the Securities Act, the Exchange Act or other federal or state statutory law or regulation, or at common law or otherwise (including in settlement of any litigation, if such settlement is effected with the written consent of the Offerors), insofar as such losses, claims, damages, judgments, liabilities or expenses (or actions in respect thereof) arise out of, or are based upon, or relate to, in whole or in part, (a) any untrue statement or alleged untrue statement of a material fact contained in any information (whether written or oral) or documents executed in favor of, furnished or made available to the Placement Agents or the Purchaser by the Offerors, or (b) any omission or alleged omission to state in any information (whether written or oral) or documents executed in favor of, furnished or made available to the Placement Agents or the Purchaser by the Offerors a material fact required to be stated therein or necessary to make the statements therein not misleading, and shall reimburse each Indemnified Party for any legal and other expenses as such expenses are reasonably incurred by such Indemnified Party in connection with investigating, defending, settling, compromising or paying any such loss, claim, damage, judgments, liability, expense or action described in this Section 9.1. In addition to their other obligations under this Section 9, the Offerors hereby agree that, as an interim measure during the pendency of any claim, action, investigation, inquiry or other proceeding arising out of, or based upon, or related to the matters described above in this Section 9.1, they shall reimburse each Indemnified Party on a quarterly basis for all reasonable legal or other expenses incurred in connection with investigating or defending any such claim, action, investigation, inquiry or other proceeding, notwithstanding the absence of a judicial determination as to the propriety and enforceability of the possibility that such payments might later be held to have been improper by a court of competent jurisdiction. To the extent that any such interim reimbursement payment is so held to have been improper, each Indemnified Party shall promptly return such amounts to the Offerors together with interest, determined on the basis of the prime rate (or other commercial lending rate for borrowers of the highest credit standing) announced from time to time by First Tennessee Bank National Association (the “Prime Rate”). Any such interim reimbursement payments which are not made to an Indemnified Party within 30 days of a request for reimbursement shall bear interest at the Prime Rate from the date of such request.

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