Inspections and Contingencies Sample Clauses

Inspections and Contingencies. 3.1 (a) PURCHASER shall have until 11:59 p.m. on the sixtieth (60th) day following the date of full execution of this Agreement ("Inspection Period") within which to conduct due diligence investigations, inspections and reviews of the Property and Personal Property at PURCHASER'S sole cost and expense. The scope of such due diligence investigations, inspections and reviews shall be determined by PURCHASER. PURCHASER shall have access to the Property during the Inspection Period after providing reasonable notice to the Companies. If PURCHASER has not terminated this Agreement during the Inspection Period, PURCHASER shall have access to the Property and Personal Property and the right to investigate and inspect the same prior to the Closing for purposes of determining whether (i) the representations and warranties of SELLER herein are true and correct, (ii) the conditions precedent to Closing as set forth in Section 7 hereof have been satisfied and (iii) there has been a material change in the Property or Personal Property. PURCHASER'S obligations hereunder are contingent upon PURCHASER satisfying itself (in its sole and absolute discretion) that the Property and the Personal Property are acceptable to PURCHASER, including (without limitation) that (a) all of the information (including financial information) respecting the Property is true, complete, accurate and acceptable to PURCHASER, (b) the Property and PURCHASER'S intended use thereof complies with all federal, state and municipal statutes, laws, codes, rules, ordinances, regulations, orders, certificates, approvals, permits and variances, including zoning, building, fire, health and safety laws and including the Americans with Disabilities Act, (c) the Property is free of any existing or potential environmental defect or contamination, (d) all improvements on the Property are structurally sound and all mechanical systems serving such improvements are in good working order, (e) there is no impediment to <PAGE> developing, using and operating the Property for self storage purposes, (f) the business conducted on the Property is acceptable to PURCHASER, (g) all Leases are acceptable to PURCHASER, (h) all construction on the Property is acceptable to PURCHASER and (i) the investigations, inspections and reviews of the Property and Personal Property by PURCHASER are acceptable to PURCHASER. PURCHASER may review all on-site management and operational procedures, and may interview employees and on-site person...
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Inspections and Contingencies 

Related to Inspections and Contingencies

  • Conditions for Advance and Conditions to Closing Section 7.1

  • Buyer’s Conditions The obligations of Buyer at the Closing are subject, at the option of Buyer, to the satisfaction at or prior to the Closing of the following conditions:

  • Agreements and Conditions On or before the Closing Date, Seller shall have complied with and duly performed and satisfied in all material respects all agreements and conditions on its part to be complied with and performed by such date pursuant to this Agreement.

  • Seller’s Conditions The obligations of Seller at the Closing are subject, at the option of Seller, to the satisfaction or waiver at or prior to the Closing of the following conditions precedent:

  • Environmental Compliance and Conditions Except as set forth on Schedule 3.16:

  • Purchaser’s Conditions The respective obligation of each Purchaser to consummate the purchase of the Purchased Units shall be subject to the satisfaction on or prior to the Closing Date of each of the following conditions (any or all of which may be waived by such Purchaser in writing, in whole or in part with respect to its Purchased Units, to the extent permitted by applicable Law):

  • Special Conditions A submitted appeal must;

  • Vendor’s Conditions The Vendor shall not be obligated to complete the Transaction unless, at or before the Closing Time, each of the conditions listed below in this section has been satisfied, it being understood that the said conditions are included for the exclusive benefit of the Vendor:

  • Restrictions and Conditions (a) Any book entries for the shares of Restricted Stock granted herein shall bear an appropriate legend, as determined by the Administrator in its sole discretion, to the effect that such shares are subject to restrictions as set forth herein and in the Plan.

  • Maintaining Records; Access to Properties and Inspections; Maintenance of Ratings (a) Keep proper books of record and account in which full, true and correct entries in conformity with GAAP and all requirements of law are made of all dealings and transactions in relation to its business and activities. Each Loan Party will, and will cause each of its subsidiaries to, permit any representatives designated by the Administrative Agent or any Lender to visit and inspect the financial records and the properties of such Person at reasonable times and as often as reasonably requested and to make extracts from and copies of such financial records, and permit any representatives designated by the Administrative Agent or any Lender to discuss the affairs, finances and condition of such Person with the officers thereof and independent accountants therefor.

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