Purchasers Contingencies. This Agreement is contingent upon the following:
Purchasers Contingencies. It is understood and agreed that the obligation of Purchaser to purchase the premises is expressly contingent upon the achievement or satisfaction of all of the following conditions, any or all of which the Purchaser shall have the right to waive, in whole or in part. The Purchaser shall not have the right to extend any time periods referred to herein unless such extension is agreed to in writing signed by both Seller and Purchaser. Said conditions are as follows: SALE OF 00 XXXXXXXXXX XXXXXXX Page-5 --------------------------------------------------------------------------------
Purchasers Contingencies. In the event that any contingency set forth in this Section 4 has not been either satisfied or waived as of the Contingency Termination Date (as hereinafter defined (subject to the notice of waiver and election to cure provisions set forth in Section 4.C)), this Agreement shall be terminated, the Deposit shall be returned to Purchaser, Purchaser shall deliver all documents provided to Purchaser by Seller together with any final reports prepared by Purchaser’s consultants (to the extent assignable) (other than confidential attorney client or attorney work product privileged documents, or information relating to analysis of usability or feasibility of the Property or work product, marketing studies, and information relating to Purchaser itself) relating in any way to the Property (the “Due Diligence Reports”) to Seller without warranty as to the accuracy or completeness of any such Due Diligence Reports, and the Escrow shall thereupon be canceled, and neither party shall have any further obligation to the other except for Purchaser’s obligations which are expressly stated to survive. Costs for cancellation of Escrow and all Title Company costs shall be shared equally by Purchaser and Seller. The “
Purchasers Contingencies. (a) Within 30 days after the date of this Agreement (the "Environmental Due Diligence Period"), Purchaser and its agents, employees, engineering, and contractors, shall have the right to enter onto the Property at Purchaser's sole expense for the purpose of investigating all matters relating to the environmental condition of the Property, including conducting surveys, soil, water, and drainage tests, and other engineering and environmental tests by reputable, fully insured, and licensed engineers and/or other environmental consultants that Purchaser shall deem necessary (the "Environmental Audit"). Purchaser shall provide Tenant with at least 48 hours prior written notice before accessing the Property, and all access to the Property will be coordinated with the Tenant at the Property through the offices of Xxxxxxxx Real Estate Broker. Purchaser shall provide Seller with the results of the Environmental Audit. If the results of the Environmental Audit indicate any condition which, in the reasonable opinion of Purchaser are likely to require remedial action mandated by Environmental Laws (as hereafter defined), Purchaser shall provide to Seller a written report setting forth such findings and may terminate this Agreement by written notice to Seller within the Environmental Due Diligence Period unless Seller agrees to undertake the remedial action in accordance with Article 4 of this Agreement. Purchaser's failure to terminate this Agreement within the Environmental Due Diligence Period shall constitute a waiver of this contingency by Purchaser. If Purchaser does so terminate this Agreement, Seller and Purchaser shall then instruct the Escrow Agent to return the Deposit to Purchaser.
Purchasers Contingencies. The obligations of Purchaser under this Agreement are expressly contingent upon the following:
Purchasers Contingencies. The enforceability of this Agreement by Seller and the obligation ofPurchaser to close escrow are subject to Purchaser's approval of the conditions set forth below (the "Purchaser's Contingencies"). In the event of the failure of any of Purchaser's Contingencies, (i) Purchaser may terminate this Agreement and receive a return of the Xxxxxxx Money, (ii) Purchaser may waive such condition and proceed with the Closing in accordance with the terms ofthis Agreement or (iii) the parties may agree to extend the date ofsuch Closing.
Purchasers Contingencies. Seller hereby acknowledges that this purchase and sale is subject to the following additional general conditions precedent:
Purchasers Contingencies. Purchaser’s obligations under this Agreement are contingent upon Purchaser’s satisfaction with each of the following prior to the Closing Date (“Purchaser’s Contingencies”):
Purchasers Contingencies. Purchaser’s obligations under this Agreement will be contingent on satisfactory inspections of the Property (by Purchaser or Purchaser’s representatives), including, by way of example but not limitation, the soil, ground water, and other components of the Property, at Purchaser’s sole option and expense, within 30 business days after Purchaser’s receipt of an accepted copy of this Agreement from Seller. If Purchaser, in Purchaser’s sole discretion, is not satisfied with the results of the physical inspections for any reason, Purchaser will notify Seller in writing within 7 business days after the expiration of the 30-day inspection period. If the inspection (or inspections) or tests are not satisfactory to Purchaser, on receipt of written notice, Seller will immediately refund to Purchaser all sums deposited by Purchaser under this Agreement and this Agreement will be terminated and of no further force and effect. If no written objection is made by Purchaser within the stated period, this inspection contingency will be deemed to be waived by Purchaser and the parties will proceed to closing in accordance with the terms of this Agreement. Purchaser’s obligations under this Agreement will also be contingent on Seller, at Seller’s sole expense, obtaining an inspection of the soil percolation systems by the county department of environmental health or other county agency responsible for conducting these tests or a private contractor who is duly licensed and qualified to conduct these tests within 10 business days of Purchaser’s receipt of an accepted copy of the Agreement from Seller. Within the 10-day period, Seller will deliver to Purchaser a written report of the inspection and tests, signed by the appropriate governmental agency. Purchaser will have 3 business days after actual receipt by Purchaser of the written report to notify Seller of Purchaser’s dissatisfaction with the results of the inspection or tests. If the inspection or tests are not satisfactory to Purchaser, on receipt of written notice, Seller will immediately refund to Purchaser all sums deposited by Purchaser under this Agreement where this Agreement will be terminated and of no further force and effect. If no written objection is made by Purchaser within the stated period, this soil percolation contingency will be deemed to be waived by Purchaser and the parties will proceed to closing in accordance with the terms of this Agreement and Purchaser will be deemed to have purchased the Proper...
Purchasers Contingencies. Contingencies. During the period beginning on Effective Date and ending at 5:00 p.m. (local time at the Property) on the forty-fifth (45th) day following the Effective Date (hereinafter referred to as the “Contingency Period”), Purchaser obligations under this Agreement shall be subject to and contingent upon the satisfaction or waiver by Purchaser of each of the following: