Common use of PROPERTIES REVIEW PERIOD Clause in Contracts

PROPERTIES REVIEW PERIOD. Purchaser shall have the right to enter upon the Properties, (only if accompanied by Seller's representative or agent) for the purpose of conducting site inspections and for further examination and investigation of the Properties for up to thirty (30) business days after the execution date of this Agreement (the "Properties Review Period"). If any Property is rejected on the basis of such site inspection or any other investigation made by Purchaser, the termination of the Purchase Agreement as it relates to such Property must be made in writing to Seller prior to the expiration of the Properties Review Period. Purchaser's right of rejection for purposes of site inspection only are hereby waived for Ballwin, MO and Kimberly, WI. Purchaser, its representatives and agents shall have the right during the Properties Review Period, to conduct all non-destructive testing and examinations it deems necessary to determine the desirability of purchasing the Properties. Purchaser shall have the right during the Properties Review Period to cancel this Agreement in whole or in part if Purchaser is dissatisfied, in its sole and absolute discretion, with the results of its examination of the Properties or any documentation related thereto, or for any other reason. If this Agreement is canceled in accordance with this Section with respect to one or more of the Properties, but not all of them, then, upon written notice by Purchaser to the Escrow Agent, the Property Earnest Money Deposit for xxx xanceled Property or Properties, along with any interest earned or accrued thereon, shall be immediately paid by the Escrow Agent to the Purchaser and this Agreement and the Escrow Account shall remain in effect for the balance of any remaining, non-canceled, Properties, subject to Seller's right to elect to cancel this Agreement as to all Properties, as provided in Section 8, below. In the event Purchaser shall elect to substitute one of the Alternative Properties for purchase, the Properties Review Period shall be extended as necessary for Purchaser's inspection and examination of that Alternative Property only, subject to the Closing Date specified herein.

PROPERTIES REVIEW PERIOD. Purchaser shall have the right to enter upon the Properties, (only if accompanied by Seller's representative or agent) for the purpose of conducting site inspections and for further examination and investigation of the Properties for up to thirty (30) business days after the execution date of this Agreement (the "Properties Review Period"). If any Property is rejected on the basis of such site inspection or any other investigation made by Purchaser, the termination of the Purchase Agreement as it relates to such Property must be made in writing to Seller prior to the expiration of the Properties Review Period. Purchaser's right of rejection for purposes of site inspection only are hereby waived for Ballwin, MO and Kimberly, WI. Purchaser, its representatives and agents shall have the right during the Properties Review Period, to conduct all non-destructive testing and examinations it deems necessary to determine the desirability of purchasing the Properties. Purchaser shall have the right during the Properties Review Period to cancel this Agreement in whole or in part if Purchaser is dissatisfied, in its sole and absolute discretion, with the results of its examination of the Properties or any documentation related thereto, or for any other reason. If this Agreement is canceled in accordance with this Section with respect to one or more of the Properties, but not all of them, then, upon written notice by Purchaser to the Escrow Agent, the Property Earnest Money Deposit for fox xxx xanceled canceled Property or Properties, along with any interest earned or accrued thereon, shall be immediately paid by the Escrow Agent to the Purchaser and this Agreement and the Escrow Account shall remain in effect for the balance of any remaining, non-canceled, Properties, subject to Seller's right to elect to cancel this Agreement as to all Properties, as provided in Section 8, below. In the event Purchaser shall elect to substitute one of the Alternative Properties for purchase, the Properties Review Period shall be extended as necessary for Purchaser's inspection and examination of that Alternative Property only, subject to the Closing Date specified herein.

PROPERTIES REVIEW PERIOD. Purchaser shall have the right to enter upon the Properties, (only if accompanied by Seller's representative or agent) for the purpose of conducting site inspections and for further examination and investigation of the Properties for up to thirty (30) business days after the execution date of this Agreement (the "Properties Review Period"). If any Property is rejected on the basis of such site inspection or any other investigation made by Purchaser, the termination of the Purchase Agreement as it relates to such Property must be made in writing to Seller prior to the expiration of the Properties Review Period. Purchaser's right of rejection for purposes of site inspection only are hereby waived for Ballwin, MO and Kimberly, WI. Purchaser, its representatives and agents shall have the right during the Properties Review Period, to conduct all non-destructive testing and examinations it deems necessary to determine the desirability of purchasing the Properties. Purchaser shall have the right during the Properties Review Period to cancel this Agreement in whole or in part if Purchaser is dissatisfied, in its sole and absolute discretion, with the results of its examination of the Properties or any documentation related thereto, or for any other reason. If this Agreement is canceled in accordance with this Section with respect to one or more of the Properties, but not all of them, then, upon written notice by Purchaser to the Escrow Agent, the Property Earnest Money Deposit for xxx xanceled xxnceled Property or Properties, along with any interest earned or accrued thereon, shall be immediately paid by the Escrow Agent to the Purchaser and this Agreement and the Escrow Account shall remain in effect for the balance of any remaining, non-canceled, Properties, subject to Seller's right to elect to cancel this Agreement as to all Properties, as provided in Section 8, below. In the event Purchaser shall elect to substitute one of the Alternative Properties for purchase, the Properties Review Period shall be extended as necessary for Purchaser's inspection and examination of that Alternative Property only, subject to the Closing Date specified herein.