Common use of PHYSICAL INSPECTION REPORTS Clause in Contracts

PHYSICAL INSPECTION REPORTS. Buyer shall have obtained a --------------------------- physical inspection report and an environmental report with respect to the Land (including surrounding areas) and Improvements constituting the Property prepared in accordance with the specifications submitted by Buyer and prepared by third-party specialists selected by Buyer, and Buyer shall then determine in its sole discretion whether it is willing to purchase the Property in the physical and environmental condition set forth in said reports.

Appears in 4 contracts

Samples: Agreement of Purchase and Sale and Escrow Instructions (Prentiss Properties Trust/Md), Agreement of Purchase and Sale and Escrow Instructions (Prentiss Properties Trust/Md), Agreement of Purchase and Sale and Escrow Instructions (Prentiss Properties Trust/Md)

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PHYSICAL INSPECTION REPORTS. Buyer shall have --------------------------- obtained a --------------------------- physical inspection report and an environmental report with respect to the Land (including surrounding areas) and Improvements constituting the Property prepared in accordance with the specifications submitted by Buyer and prepared by third-party specialists selected by Buyer, and Buyer shall then determine in its sole discretion whether it is willing to purchase the Property in the physical and environmental condition set forth in said reports.

Appears in 1 contract

Samples: Agreement of Purchase and Sale and Escrow Instructions (Prentiss Properties Trust/Md)

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PHYSICAL INSPECTION REPORTS. Buyer shall have obtained --------------------------- a --------------------------- physical inspection report and an environmental report with respect to the Land (including surrounding areas) and Improvements constituting the Property prepared in accordance with the specifications submitted by Buyer and prepared by third-party specialists selected by Buyer, and Buyer shall then determine in its sole discretion whether it is willing to purchase the Property in the physical and environmental condition set forth in said reports.

Appears in 1 contract

Samples: Agreement of Purchase and Sale and Escrow Instructions (Prentiss Properties Trust/Md)

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