Purpose of Due Diligence Period. During the Due Diligence Period, Buyer may, but shall not be required to: (a) arrange any loans Buyer needs to complete the purchase of the Property; and (b) conduct at Buyer’s sole expense whatever evaluations, inspections, appraisals, examinations, surveys, and testing, if any, Buyer deems appropriate to determine whether Buyer’s option to terminate this Agreement should be exercised. This shall include but not be limited to testing for lead-based paint and/or lead-based paint hazards, inspecting for active infestation of and/or damage from termites and other wood destroying organisms and determining if the Property or the improvements thereon are in a flood plain. During the Due Diligence Period, Buyer may also propose an amendment(s) to this Agreement to address any concerns of Buyer with the Property.
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement
Purpose of Due Diligence Period. During the Due Diligence Period, Buyer may, but shall not be required to: :
(a) arrange any loans Buyer needs to complete the purchase of the Property; and and
(b) conduct at Buyer’s sole expense whatever evaluations, inspections, appraisals, examinations, surveys, and testing, if any, Buyer deems appropriate to determine whether Buyer’s option to terminate this Agreement should be exercised. This shall include but not be limited to testing for lead-based paint and/or lead-lead based paint hazards, inspecting for active infestation of and/or damage from termites and other wood destroying organisms and determining if the Property or the improvements thereon are in a flood plain. During the Due Diligence Period, Buyer may also propose an amendment(s) to this Agreement to address any concerns of Buyer with the Property.
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement
Purpose of Due Diligence Period. During the Due Diligence Period, Buyer may, but shall not be required to: (a) arrange any loans Buyer needs to complete the purchase of the Property; and (b) conduct at Buyer’s sole expense whatever evaluations, inspections, appraisals, examinations, surveys, website reviews, and testing, if any, Buyer deems appropriate to determine whether Buyer’s option to terminate this Agreement should be exercised. This shall include but not be limited to testing for lead-based paint and/or lead-based paint and other toxic hazards, inspecting for active infestation of and/or damage from termites and other wood destroying organisms and determining if the Property or the improvements thereon are in a flood plain. During the Due Diligence Period, Buyer may also propose an amendment(s) to this Agreement to address any concerns of Buyer with the Property.
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement
Purpose of Due Diligence Period. During the Due Diligence Period, Buyer may, but shall not be required to: (a) arrange any loans Buyer needs to complete the purchase of the Property; and (b) conduct at Buyer’s sole expense whatever evaluations, inspections, appraisals, examinations, surveys, and testing, if any, Buyer deems appropriate to determine whether Buyer’s option to terminate this Agreement should be exercised. This shall include but not be limited to testing for lead-based paint and/or lead-lead- based paint hazards, inspecting for active infestation of and/or damage from termites and other wood destroying organisms and determining if the Property or the improvements thereon are in a flood plain. During the Due Diligence Period, Buyer may also propose an amendment(s) to this Agreement to address any concerns of Buyer with the Property.
Appears in 2 contracts
Samples: Lease/Purchase Agreement, Purchase and Sale Agreement
Purpose of Due Diligence Period. During the Due Diligence Period, Buyer may, but shall not be required to: (a) arrange any loans Buyer needs to complete the purchase of the Property; and (b) conduct at Buyer’s sole expense whatever evaluations, inspections, appraisals, examinations, surveys, website reviews, and testing, if any, Buyer deems appropriate to determine whether Buyer’s option to terminate this Agreement should be exercised. This shall include but not be limited to testing for lead-lead- based paint and/or lead-based paint and other toxic hazards, inspecting for active infestation of and/or damage from termites and other wood destroying organisms and determining if the Property or the improvements thereon are in a flood plain. During the Due Diligence Period, Buyer may also propose an amendment(s) to this Agreement to address any concerns of Buyer with the Property.
Appears in 1 contract
Samples: Purchase and Sale Agreement