INSPECTION RIGHTS AND OBLIGATIONS OF BUYER Sample Clauses

INSPECTION RIGHTS AND OBLIGATIONS OF BUYER. 7.6.1 Buyer and its authorized agents or representatives (collectively, "Buyer's Contractors") shall have the right to enter onto the Real Property at reasonable times during normal business hours (or such other times as Seller may agree to in writing) to make physical inspections thereof and to conduct such other inspections and tests, as Buyer deems appropriate in accordance with this Section. Buyer shall not enter upon the Property without the consent of Seller which shall not be unreasonably withheld or delayed. Buyer and Buyer's Contractors investigations and tests shall: (i) not unreasonably interfere with the operation and maintenance of the Real Property; (ii) not damage any part of the Property; (iii) not injure or otherwise cause bodily harm to Seller, its agents, contractors and employees or any Tenant, its agents, contractors and employees; (iv) not unreasonably interfere with any activities conducted on the Real Property by any Tenant. During the Inspection Period, Buyer shall maintain general liability insurance covering any accident arising in connection with the presence of Buyer or Buyer's Contractors on the Real Property. Buyer shall not perform any physical or structural tests without the written consent of Seller which consent shall not be unreasonably withheld or delayed. Seller reserves the right for itself and its representatives to be present for any inspection or test. Buyer shall not permit any liens to attach to the Property by reason of the exercise of its rights hereunder. In the event any soil or other tests conducted by Buyer affect the surface of the Property, Buyer shall restore the surface of the Land to substantially the same condition in which the same was found before any tests were undertaken.
Sample 1
AutoNDA by SimpleDocs
INSPECTION RIGHTS AND OBLIGATIONS OF BUYER. 7.6.1 Buyer and its authorized agents or representatives (collectively, "Buyer's Contractors") shall have the right to enter onto the Real Property at reasonable times during normal business hours (or such other times as Seller may agree to in writing) to make physical inspections thereof and to conduct such other inspections and tests, as Buyer deems appropriate in accordance with this Section. Buyer shall not enter upon the Property without the consent of Seller which shall not unreasonably withheld or delayed. Buyer and Buyer's Contractors shall: (i) not unreasonably interfere with the operation and maintenance of the Real Property; (ii) not damage any part of the Property; (iii) not injure or otherwise
Sample 1
INSPECTION RIGHTS AND OBLIGATIONS OF BUYER. 7.6.1 Buyer and its authorized agents or representatives (collectively, "Buyer's Contractors") shall have the right to enter onto the Real Property at reasonable times during normal business hours (or such other times as Seller may agree to in writing) to make physical inspections thereof and to conduct such other inspections and tests, as Buyer deems appropriate in accordance with this Section. Buyer shall not enter upon the Property without the consent of
Sample 1

Related to INSPECTION RIGHTS AND OBLIGATIONS OF BUYER

  • Rights and Obligations of Both Parties 5.1 Party A’s rights and Obligations

  • Rights and Obligations of Party B 1. Party B’s Rights

  • Rights and Obligations of Party A I. Rights of Party A

  • Rights and Obligations of Members A. No Member shall be obligated to make capital contributions to the Company except as provided in Section 9A.

  • Independent Nature of Rights and Obligations Nothing contained herein, and no action taken by any party pursuant hereto, shall be deemed to constitute Investor and the Sponsor as, and the Sponsor acknowledges that Investor and the Sponsor do not so constitute, a partnership, an association, a joint venture or any other kind of entity, or create a presumption that Investor and the Sponsor are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement or any matters, and the Sponsor acknowledges that Investor and the Sponsor are not acting in concert or as a group, and the Sponsor shall not assert any such claim, with respect to such obligations or the transactions contemplated by this Agreement.

  • Independent Nature of Buyers’ Obligations and Rights The obligations of each Buyer under the Transaction Documents are several and not joint with the obligations of any other Buyer, and no Buyer shall be responsible in any way for the performance of the obligations of any other Buyer under any Transaction Document. Nothing contained herein or in any other Transaction Document, and no action taken by any Buyer pursuant hereto or thereto, shall be deemed to constitute the Buyers as, and the Company acknowledges that the Buyers do not so constitute, a partnership, an association, a joint venture or any other kind of group or entity, or create a presumption that the Buyers are in any way acting in concert or as a group or entity, and the Company shall not assert any such claim with respect to such obligations or the transactions contemplated by the Transaction Documents or any matters, and the Company acknowledges that the Buyers are not acting in concert or as a group, and the Company shall not assert any such claim, with respect to such obligations or the transactions contemplated by the Transaction Documents. The decision of each Buyer to purchase Securities pursuant to the Transaction Documents has been made by such Buyer independently of any other Buyer. Each Buyer acknowledges that no other Buyer has acted as agent for such Buyer in connection with such Buyer making its investment hereunder and that no other Buyer will be acting as agent of such Buyer in connection with monitoring such Buyer’s investment in the Securities or enforcing its rights under the Transaction Documents. The Company and each Buyer confirms that each Buyer has independently participated with the Company and its Subsidiaries in the negotiation of the transaction contemplated hereby with the advice of its own counsel and advisors. Each Buyer shall be entitled to independently protect and enforce its rights, including, without limitation, the rights arising out of this Agreement or out of any other Transaction Documents, and it shall not be necessary for any other Buyer to be joined as an additional party in any proceeding for such purpose. The use of a single agreement to effectuate the purchase and sale of the Securities contemplated hereby was solely in the control of the Company, not the action or decision of any Buyer, and was done solely for the convenience of the Company and its Subsidiaries and not because it was required or requested to do so by any Buyer. It is expressly understood and agreed that each provision contained in this Agreement and in each other Transaction Document is between the Company, each Subsidiary and a Buyer, solely, and not between the Company, its Subsidiaries and the Buyers collectively and not between and among the Buyers.

  • Rights and Obligations of the Parties 2.1 During the term of this Agreement, Party A’s rights and obligations include:

  • Rights and Obligations of Limited Partners 8.1 No Participation in Management. No Limited Partner (other than a General Partner if it has acquired an interest of a Limited Partner) shall take part in the management of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership.

  • Additional Rights and Obligations If the Company issues securities in its next equity financing (other than a transaction with a strategic partner that involves a financing) within 180 days after the date hereof (the “Next Financing”) that (a) have rights, preferences or privileges that are more favorable than the terms of the Securities, such as price-based anti-dilution protection, or (b) provide all such future investors other contractual terms such as registration rights, the Company shall provide substantially equivalent rights to the Subscriber with respect to the Securities (with appropriate adjustment for economic terms or other contractual rights), subject to such Subscriber’s execution of any documents, including, if applicable, investor rights, co-sale, voting, and other agreements, executed by the investors purchasing securities in the Next Financing (such documents, the “Next Financing Documents”). Notwithstanding anything herein to the contrary, upon the execution and delivery of the Next Financing Documents by Subscriber holding a majority of the then-outstanding Securities, this Subscription Agreement (excluding any then-existing and outstanding obligations) shall be amended and restated by and into such Next Financing Documents and shall be terminated and of no further force or effect.

  • Absolute Rights and Obligations This is a guaranty of payment and not of collection. The Guarantors’ Obligations under this Guaranty Agreement shall be joint and several, absolute and unconditional irrespective of, and each Guarantor hereby expressly waives, to the extent permitted by law, any defense to its obligations under this Guaranty Agreement and all Security Instruments to which it is a party by reason of:

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