Inspections Due Diligence Period. Upon the opening of Escrow, Seller shall provide to Buyer all due diligence materials received from County, or in Seller’s files or in its immediate possession, including, but not limited to, environmental reports, “Phase I” reports, “Phase 2” reports, building plans, geologic studies, soils tests, engineering reports, inspection results, complaints, licenses, and permits pertaining to the property and related improvements. During the period beginning upon the opening of Escrow and continuing until the twentieth (20th) day after the opening of Escrow (the “Due Diligence Deadline”) Buyer shall be entitled to examine all aspects of the Property to determine if any conditions exist that would preclude Buyer from using the Property for Buyer’s intended use or cause Buyer to incur expenses that render Buyer’s intended use of the Property financially infeasible, such use and financial infeasibility to be determined in Buyer’s sole discretion at Buyer’s sole expense. To that end, during the Due Diligence Period, Buyer, its agents, employees, contractors, authorized representatives, experts, and assignees shall be entitled to: 1) enter onto, into, examine, and investigate the condition of the Property and existing improvements; 2) verify whether Buyer's intended use of the Property is permitted under applicable zoning and use laws, regulations, and ordinances (collectively, the "Government Approvals"); and 3) to submit, process, and pursue applications for, and obtain from the appropriately authorized governmental agencies (the "Government Agencies") any Government Approvals Buyer, as determined by Buyer in its sole discretion, deems necessary or required for Buyer's intended use of the Property. If any conditions are imposed in connection with the Government Approvals, Buyer shall determine, in its sole and absolute discretion, whether Buyer is willing or able to comply with such conditions, and if not, Buyer may elect to terminate this Agreement as provided below. Seller shall use its reasonable efforts to cooperate with Buyer in all respects to help Buyer obtain the Government Approvals; provided, however, Seller shall have no obligation to expend such efforts unless Buyer, by separate agreement with Seller, agrees to reimburse Seller for its actual costs in connection with such efforts. Buyer shall be responsible for all costs and expenses arising or incurred in connection with the Government Approvals. Buyer shall have the right to terminate this Agreement by...
Inspections Due Diligence Period. 4.3.1 Inspections in General
Inspections Due Diligence Period
