Common use of Inspection Period, Inspection Costs Clause in Contracts

Inspection Period, Inspection Costs. During the period beginning on the Effective Date and ending at 5:00 pm ET on the Inspection Contingency Deadline (the “Inspection Period”), Buyer, at Buyer’s sole cost and expense, shall have the opportunity to inspect the Property, its condition and surroundings, including, but not limited to, environmental conditions, asbestos, radon gas, lead-based paint (see Section 13.3.4), mold, physical defects including structural defects, roof, basement, mechanical systems such as heating and air conditioning, electrical systems, xxxxx, sewage and septic systems, plumbing, soils, geology, topography, exterior site drainage, termite and other types of pest and insect infestation or damage caused by such infestation and boundary or other physical surveys (collectively, the “Inspections”). Any and all costs and expenses associated with the Inspections, including the establishment, c o n n e c t i o n and cost of electric and gas service, shall be referred to as “Inspection Costs”. Regardless of whether the transaction closes or fails to close due to an issue stemming from the Inspections, Seller shall not be required to reimburse Buyer for any of the Inspection Costs, which shall be paid by Xxxxx. Seller does not supply surveys, boundary surveys or footprint surveys.

Inspection Period, Inspection Costs. During the period beginning on the Effective Date and ending at 5:00 pm ET on the Inspection Contingency Deadline (the “Inspection Period”), Buyer, at Buyer’s sole cost and expense, shall have the opportunity to inspect the Property, its condition and surroundings, including, but not limited to, environmental conditions, asbestos, radon gas, lead-based paint (see Section 13.3.4), mold, physical defects including structural defects, roof, basement, mechanical systems such as heating and air conditioning, electrical systems, xxxxx, sewage and septic systems, plumbing, soils, geology, topography, exterior site drainage, termite and other types of pest and insect infestation or damage caused by such infestation and boundary or other physical surveys (collectively, the “Inspections”). Any and all costs and expenses associated with the Inspections, including the establishment, c o n n e c t i o n connection and cost of electric and gas service, shall be referred to as “Inspection Costs”. Regardless of whether the transaction closes or fails to close due to an issue stemming from the Inspections, Seller shall not be required to reimburse Buyer for any of the Inspection Costs, which shall be paid by Xxxxx. Seller does not supply surveys, boundary surveys or footprint surveys.

Inspection Period, Inspection Costs. During the period beginning on the Effective Date and ending at 5:00 pm ET on the Inspection Contingency Deadline (the “Inspection Period”), Buyer, at Buyer’s sole cost and expense, shall have the opportunity to inspect the Property, its condition and surroundings, including, but not limited to, environmental conditions, asbestos, radon gas, lead-based paint (see Section 13.3.4), mold, physical defects including structural defects, roof, basement, mechanical systems such as heating and air conditioning, electrical systems, xxxxx, sewage and septic systems, plumbing, soils, geology, topography, exterior site drainage, termite and other types of pest and insect infestation or damage caused by such infestation and boundary or other physical surveys (collectively, the “Inspections”). Any and all costs and expenses associated with the Inspections, including the establishment, c o n n e c t i o n and cost of electric and gas service, shall be referred to as “Inspection Costs”. Regardless of whether the transaction closes or fails to close due to an issue stemming from the Inspections, Seller shall not be required to reimburse Buyer for any of the Inspection Costs, which shall be paid by Xxxxx. Seller does not supply surveys, boundary boundar y surveys or footprint surveys.