Property Investigations Sample Clauses

Property Investigations. All investigations made by Buyer will be at Buyer’s sole cost and expense and will be performed without causing any damage to the Property or any interruption in the ongoing business activities at the Property. Buyer shall not cause any adverse impact to the Property and will restore the Property in a timely manner at Buyer’s sole cost to the condition that existed immediately prior to the Property investigations. Seller understands, and it is agreed, that the investigations will include surveying and engineering studies and perhaps a Phase I or Phase II environmental site assessment (all investigations of the Property or any materials regarding the ownership, management, use or operation of the Property are collectively called the “Property Investigations”). Upon the execution hereof, Seller shall deliver to Buyer, solely for informational purposes and not for reliance, any existing survey plan(s), title report(s), title insurance policy(ies), environmental report(s), and or reports from any prior Property Investigations which are in Seller’s possession or control. With respect to these Property Investigations, Buyer will obtain Seller’s advance approval of the scope of any proposed activities, particularly as they may involve the investigations of ground water or subsurface soil conditions, and allow one of Seller’s representatives to be present during any such activities. Buyer will promptly provide Seller, at Seller’s request, solely for informational purposes and not for reliance, with a copy of any report, draft report or evaluation (“Reports”) which indicates the presence of hazardous substances on the Property or the violation of any applicable law, as well as any other Reports prepared in connection with the Property Investigations. Except as specifically provided below, Buyer agrees to keep confidential and not to disclose the results of any Property Investigations or the contents of any Reports, except to Buyer’s principals, attorneys, lenders, engineers, consultants, investors and others, as reasonably necessary in connection with the acquisition and financing of the Property.
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Property Investigations. Arvest, or its consultants or advisors, may perform at its cost such surveys, title searches, environmental audits and property inspections as Arvest deems desirable with respect to all real property owned or leased by Bear State or the Bank, provided, such surveys, title searches, environmental audits and property inspections do not interfere with the business operations of Bear State or the Bank in any material respect.
Sample 1
Property Investigations. City and its agents shall have the right, at their sole option and risk, to enter the Property for the purposes of surveying inspecting and evaluating the Property as may be necessary to determine the suitability of the Property for uses by the City. City shall not perform any invasive sampling or testing of the Property. If City investigates or tests the Property pursuant to this Section, City shall pay all costs and expenses of such investigations and testing and shall hold Flint Hills harmless from all damages and liabilities arising out of City’s activities. All such inspections/testings will be done at times and in manners mutually agreeable to the parties. If the parties are not able to reach an agreement with respect to the times and/or manners of any such inspections, either Flint Hills or City may elect to terminate this Agreement at any time prior to Closing upon written notice to the other party, with no further liability by either party to the other based on such termination. City agrees to provide Flint Hills, prior to Closing, with any reports and/or assessments prepared by City or City’s consultants concerning the physical condition of the Property. If City’s inspections or other inspections prior to Closing reveal any environmental issue relating to the Property that could require the Flint Hills to conduct remediation operations, Flint Hills may elect to terminate this Agreement at any time prior to Closing upon written notice to City, with no further liability by either party to the other based on such termination.
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Property Investigations 
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Related to Property Investigations

  • Complaints and Investigations 1. This article applies to complaints or allegations made externally and not from normal supervisory activities.

  • Litigation and Investigations Promptly after (i) the occurrence thereof, notice of the institution of or any material adverse development in any material action, suit or proceeding or any governmental investigation or any arbitration, before any court or arbitrator or any governmental or administrative body, agency or official, against any Consolidated Company, or any material property of any thereof, or (ii) actual knowledge thereof, notice of the threat of any such action, suit, proceeding, investigation or arbitration;

  • Environmental Investigation (a) Acquiror may, in its discretion, within thirty (30) Business Days of the date of this Agreement, require the Company to order, at Acquiror’s expense, a Phase I environmental site assessment to be delivered only to Acquiror for each parcel of real property in which the Company or an Acquired Subsidiary holds an interest or formerly held an interest (each a “Phase I Report”), conducted by an independent professional consultant reasonably acceptable to Acquiror to determine if any real property in which the Company or any Acquired Subsidiary holds any interest or formerly held an interest contains or gives evidence of any adverse environmental condition or any violations of Environmental Laws on any such property. If a Phase I Report discloses any violations or adverse environmental conditions, or reports a reasonable suspicion thereof, then Acquiror may promptly obtain, at the expense of the Company and Acquiror, shared equally, a Phase II environmental report with respect to any affected property which report shall contain an estimate of the cost of any remediation or other follow-up work that may be necessary to address those violations or conditions in accordance with applicable laws and regulations (each a “Phase II Report,” and collectively referred to with the associated Phase I Report, an “Environmental Report”). Acquiror shall have no duty to act upon any information produced by an Environmental Report for the benefit of the Company, any Acquired Subsidiary or any other Person, but shall provide such information to the Company upon the Company’s request.

  • Investigations and Remediations Lessor shall retain the responsibility and pay for any investigations or remediation measures required by governmental entities having jurisdiction with respect to the existence of Hazardous Substances on the Premises prior to the Start Date, unless such remediation measure is required as a result of Lessee's use (including "Alterations", as defined in Paragraph 7.3(a) below) of the Premises, in which event Lessee shall be responsible for such payment. Lessee shall cooperate fully in any such activities at the request of Lessor, including allowing Lessor and Lessor's agents to have reasonable access to the Premises at reasonable times in order to carry out Lessor's investigative and remedial responsibilities.

  • Due Diligence Investigation Pubco shall be reasonably satisfied with the results of its due diligence investigation of the Company in its sole and absolute discretion.

  • Environmental Remediation Failure to remediate (or pursue the remediation process with due diligence and good faith) within the time period required by law or governmental order, (or within a reasonable time in light of the nature of the problem if no specific time period is so established), environmental problems in violation of Applicable Law related to Properties of the Borrower and/or its Subsidiaries where the estimated cost of remediation is in the aggregate in excess of Seventy-Five Million Dollars ($75,000,000), in each case after all administrative hearings and appeals have been concluded.

  • Investigations and Proceedings The parties to this Agreement agree to cooperate fully in any securities regulatory investigation or proceeding or any judicial proceeding with respect to each party’s activities under this Agreement and promptly to notify the other party of any such investigation or proceeding.

  • Investigations; Litigation There is no investigation or review pending (or, to the knowledge of Parent, threatened) by any Governmental Entity with respect to Parent or any of its Subsidiaries which would have, individually or in the aggregate, a Parent Material Adverse Effect, and there are no actions, suits, inquiries, investigations or proceedings pending (or, to Parent’s knowledge, threatened) against or affecting Parent or its Subsidiaries, or any of their respective properties at law or in equity before, and there are no orders, judgments or decrees of, or before, any Governmental Entity, in each case which would have, individually or in the aggregate, a Parent Material Adverse Effect.

  • Buyer’s Investigation Buyer is an informed and sophisticated purchaser and is experienced in the evaluation and purchase of companies such as the Company and Spardee's Realty. Except for the environmental investigations described in Section 6.9 below, Buyer has undertaken such investigation as it has deemed necessary to enable it to make an informed and intelligent decision with respect to this Agreement, and Buyer acknowledges that the Seller Parties and the Company Group have allowed Buyer such access as has been reasonably requested by Buyer to the personnel, properties, premises and records of the Company Group for this purpose. To the extent expressly permitted hereafter under this Agreement, Buyer will undertake such further investigation as it deems necessary. Buyer acknowledges that in entering this Agreement, in acquiring the Shares and in consummating the other transactions contemplated herein, Buyer has relied solely upon its own investigation and analysis and, to the extent expressly permitted by this Agreement, the representations and warranties contained in this Agreement, and that none of the Seller Parties and the Company Group (and any of their respective agents, officers, directors, employees, Affiliates or representatives) has made any representation or warranty as to the Seller Parties, the Company Group, the Shares, this Agreement or the business of the Company Group except as expressly set forth in this Agreement, and Buyer agrees, to the fullest extent permitted by Law, that, except as expressly provided for herein or pursuant to the express provisions hereof, none of the Seller Parties (and any of their respective agents, officers, directors, employees, Affiliates or representatives) shall have any liability to Buyer (or any of its agents, officers, directors, employees, Affiliates or representatives) on any basis based upon any information made available or statements made to Buyer (or any of its agents, officers, directors, employees, Affiliates or representatives).

  • Environmental Audits There are no environmental audits, evaluations, assessments, studies or tests relating to the Corporation except for ongoing assessments conducted by or on behalf of the Corporation in the ordinary course.

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