Common use of Lessee’s Due Diligence Clause in Contracts

Lessee’s Due Diligence. Prior to entering into this Lease, Lessee has made a thorough, independent examination of the Premises and all matters relevant to Lessee's decision to enter into this Lease, and Lessee is thoroughly familiar with all aspects of the Premises and is satisfied that they are in an acceptable condition and meet Lessee's needs. Without in any way limiting the generality of the foregoing, Lessee's inspection and review has included, to the extent that Lessee in its sole discretion has deemed necessary or appropriate: (a) All matters relating to title, together with all municipal and other legal requirements such as taxes, assessments, zoning, use permit requirements and building codes; (b) The physical condition of the Premises, including the soils and groundwater and the presence or absence of Hazardous Substances on, under or in the vicinity of the Premises and all other physical and functional aspects of the Premises; (c) All easements and access rights; (d) Lessee's ability to obtain appropriate licenses and satisfy all licensing requirements under Applicable Laws; (e) The economics of the business Lessee intends to conduct on the Premises, including without limitation, market conditions and financial viability; and (f) Lessee's ability to finance the construction of the Improvements.

Appears in 2 contracts

Samples: Annual Report, Lease Agreement (Network Appliance Inc)

AutoNDA by SimpleDocs

Lessee’s Due Diligence. Prior to entering into this Lease, Lessee has made a thorough, independent examination of the Premises and all matters relevant to Lessee's ’s decision to enter into this Lease, and Lessee is thoroughly familiar with all aspects of the Premises and is satisfied that they are in an acceptable condition and meet Lessee's ’s needs. Without in any way limiting the generality of the foregoing, Lessee's ’s inspection and review has included, to the extent that Lessee in its sole discretion has deemed necessary or appropriate: (a) All all matters relating to title, together with ; all municipal and other legal requirements such as taxes, assessments, zoning, use permit requirements and building codes; and all matters relating to the development potential of the Premises; (b) The the physical condition of the Premises, including the soils and groundwater and groundwater, any other geological conditions, engineering data (including, but not limited to, engineering evaluations of the Improvements), the presence or absence of Hazardous Substances on, under or in the vicinity of the Premises Premises, the availability of utilities to the Premises, and all other physical and functional aspects of the Premises; (c) All the boundaries of the Premises and all easements and access rightsrights to which the Premises are subject; (d) Lessee's ’s ability to obtain appropriate licenses and satisfy all licensing requirements under Applicable Laws; (e) The all material documents relating to the ownership and operation of the Premises made available to Lessee; and (f) the economics of the business Lessee intends to conduct on the Premises, including without limitation, market conditions and financial viability; and (f) Lessee's ability to finance the construction of the Improvements.

Appears in 1 contract

Samples: Ground Lease (Vmware, Inc.)

AutoNDA by SimpleDocs

Lessee’s Due Diligence. Prior to entering into this Lease, Lessee has made a thorough, independent examination of the Premises and all matters relevant to Lessee's ’s decision to enter into this Lease, and Lessee is thoroughly familiar with all aspects of the Premises and and, subject to Article 18, is satisfied that they are in an acceptable condition and meet Lessee's ’s needs. Without in any way limiting the generality of the foregoing, Lessee's ’s inspection and review has included, to the extent that Lessee in its sole discretion has deemed necessary or appropriate: (a) All all matters relating to title, together with all municipal and other legal requirements such as taxes, assessments, zoning, use permit requirements and building codes; (b) The the physical condition of the Premises, including the soils and groundwater and groundwater, any other geological conditions, engineering data (including, but not limited to, engineering evaluations of the Improvements), the presence or absence of Hazardous Substances on, under or in the vicinity of the Premises Premises, and all other physical and functional aspects of the Premises; (c) All the boundaries of the Premises and all easements and access rightsrights to which the Premises are subject; (d) Lessee's ’s ability to obtain appropriate licenses and satisfy all licensing requirements under Applicable Laws; (e) The all material documents relating to the ownership and operation of the Premises; and (f) the economics of the business Lessee intends to conduct on the Premises, including without limitation, market conditions and financial viability; and (f) Lessee's ability to finance the construction of the Improvements.

Appears in 1 contract

Samples: Ground Lease (Tibco Software Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!