Property Inspections. During the Inspection Period and thereafter until the Closing or the earlier termination of this Agreement, Seller shall permit Purchaser and its representatives to conduct non-invasive physical inspections of the Properties; provided, however, Purchaser shall not be permitted to perform any environmental investigations or invasive testing which are beyond the scope of typical so-called “Phase I” investigation without Seller’s prior written consent, which consent shall not be unreasonably withheld or delayed. In connection with any invasive tests and studies by Purchaser, Seller may request and require Purchaser to obtain general liability insurance with Seller as a named insured in amounts and coverages reasonably required by Seller prior to Purchaser conducting any such invasive tests or studies. Except for the administrator of the Facility (whom Purchaser may contact, provided that, the regional representative designated by Existing Operator or Compass Pointe is present for all such contacts and communications), Purchaser shall not contact any employees or any residents of the Facility without Existing Operator’s prior written consent prior to the expiration of the Inspection Period. All such inspections shall be performed in a manner consistent with this Agreement and so as to minimize any interference or disruptions to the residents or the operations of the Facility. Purchaser shall notify Seller at least one (1) Business Day prior to entering the Facility for the purpose of making any such inspections. For purposes of the preceding sentence only, notice may be given by e-mail or by telephone to Fxxxxx Xxxxxx at fxxxxxx@xxxxxxxxxx.xxx (email) and (000) 000-0000 (telephone). Seller, Existing Operator or Seller’s or Existing Operator’s agent shall have the right to accompany Purchaser during any activities performed by Purchaser on the Property.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Global Healthcare Reit, Inc.), Purchase and Sale Agreement (Global Healthcare Reit, Inc.)
Property Inspections. During the Inspection Period and thereafter until the Closing or the earlier termination of this Agreement, Seller shall permit Purchaser and its representatives to conduct non-invasive physical inspections of the Properties; provided, however, Purchaser shall not be permitted to perform any environmental investigations or invasive testing which are beyond the scope of typical so-called “Phase I” investigation without Seller’s prior written consent, which consent shall not be unreasonably withheld or delayed. In connection with any invasive tests and studies by Purchaser, Seller may request and require Purchaser to obtain general liability insurance with Seller as a named insured in amounts and coverages reasonably required by Seller prior to Purchaser conducting any such invasive tests or studies. Except for the administrator of the Facility (whom Purchaser may contact, provided that, the regional representative designated by Existing Operator or Compass Pointe is present for all such contacts and communications), Purchaser shall not contact any employees or any residents of the Facility without Existing Operator’s prior written consent prior to the expiration of the Inspection Period. All such inspections shall be performed in a manner consistent with this Agreement and so as to minimize any interference or disruptions to the residents or the operations of the Facility. Purchaser shall notify Seller at least one (1) Business Day prior to entering the Facility for the purpose of making any such inspections. For purposes of the preceding sentence only, notice may be given by e-mail or by telephone to Fxxxxx Xxxxxx Xxxxxx at fxxxxxx@xxxxxxxxxx.xxx xxxxxxx@xxxxxxxxxx.xxx (email) and (000) 000-0000 (telephone). Seller, Existing Operator or Seller’s or Existing Operator’s agent shall have the right to accompany Purchaser during any activities performed by Purchaser on the Property.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Global Healthcare Reit, Inc.), Purchase and Sale Agreement (Global Healthcare Reit, Inc.)
Property Inspections. During the Inspection Period and thereafter until the Closing or the earlier termination of this Agreement, Seller shall permit Purchaser and its representatives to conduct non-invasive physical inspections of the Properties; provided, however, Purchaser shall not be permitted to perform any environmental investigations or invasive testing which are beyond the scope of typical so-called “Phase I” investigation without Seller’s prior written consent, which consent shall not be unreasonably withheld or delayed. In connection with any invasive tests and studies by Purchaser, Seller may request and require Purchaser to obtain general liability insurance with Seller as a named insured in amounts and coverages reasonably required by Seller prior to Purchaser conducting any such invasive tests or studies. Except for the administrator of the Facility (whom Purchaser may contact, provided that, the regional representative designated by Existing Operator or Compass Pointe is present for all such contacts and communications), Purchaser shall not contact any employees or any residents of the Facility without Existing Operator’s prior written consent prior to the expiration of the Inspection Period. All such inspections shall be performed in a manner consistent with this Agreement and so as to minimize any interference or disruptions to the residents or the operations of the Facility. Purchaser shall notify Seller at least one (1) Business Day prior to entering the Facility for the purpose of making any such inspections. For purposes of the preceding sentence only, notice may be given by e-mail or by telephone to Fxxxxx Xxxxxx at fxxxxxx@xxxxxxxxxx.xxx (email) and (000) 000-0000 (telephone). Seller, Existing Operator or Seller’s or Existing Operator’s agent shall have the right to accompany Purchaser during any activities performed by Purchaser on the Property.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Global Healthcare Reit, Inc.)