Common use of Reimbursement of Due Diligence Costs Clause in Contracts

Reimbursement of Due Diligence Costs. If Seller does not receive approval of its limited partners as required by Section 9.3.1 above, then Seller shall reimburse Purchaser for any third party due diligence costs incurred by Purchaser with respect to the MOB Property, but in no event in excess of Thirty Thousand and No/100 Dollars ($30,000.00). As a condition to such reimbursement, Purchaser shall provide Seller with evidence of the amount of such due diligence costs.

Reimbursement of Due Diligence Costs. If Seller does not receive approval of its limited partners as required by Section 9.3.1 above or if Lessor exercises its right of first offer to purchase the MOB Property as described in Section 9.3.3 above, then Seller shall reimburse Purchaser for any third party due diligence costs incurred by Purchaser with respect to the MOB Property, but in no event in excess of Thirty Thousand and No/100 Dollars ($30,000.00). As a condition to such reimbursement, Purchaser shall provide Seller with evidence of the amount of such due diligence costs.