Satisfactory Review Sample Clauses

A Satisfactory Review clause establishes that a party’s obligation to proceed with a contract or transaction is contingent upon their approval of certain documents, information, or conditions after review. In practice, this means that one party—often a buyer or investor—has the right to examine relevant materials, such as financial statements, property reports, or due diligence findings, and determine if they meet their standards or expectations. The core function of this clause is to protect the reviewing party by allowing them to withdraw or renegotiate if the review reveals issues, thereby reducing the risk of proceeding with unfavorable or undisclosed conditions.
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Satisfactory Review. No Notice has been properly issued or, if issued, not withdrawn, pursuant to Subsection 3.4.2.
Satisfactory Review. The Buyer, its accountants, attorneys and other representatives shall have been given a full opportunity to conduct the Environmental Audit and a due diligence review of the Business' assets, liabilities, books and records and to interview the Seller's management personnel, key customers and suppliers and the Buyer shall have been satisfied in all respects with the results of such Environmental Audit and review.
Satisfactory Review. Purchaser shall be satisfied, in its sole and absolute discretion, with its due diligence investigation of the Specified Business and the Specified Assets.
Satisfactory Review. Such documents and information as the Bank may reasonably request in performing its own due diligence review of the Borrower’s financial condition and operations, the results of which review must be in Proper Form.
Satisfactory Review. A complete and satisfactory review by Purchaser, at Purchaser's discretion, of the books, records, Business and affairs of Seller.
Satisfactory Review. Buyer and its accountants, legal counsel and other authorized representatives shall have been given reasonable and appropriate access to and been permitted to review the assets, books and records and to interview the management of the Sellers and such other information as shall have been reasonably requested by Buyer, in order that Buyer may have the opportunity to make such investigation as it shall desire to make of the affairs and the assets of the Fitness Business, and Buyer shall be satisfied with the results thereof.
Satisfactory Review. The obligations of the Banks to make the Loans or the Issuing Bank to issue the Letters of Credit constituting the initial borrowing are further subject to the condition precedent that the Agent and the Banks shall have, in the sole discretion of the Banks, the Agent, and their counsel, completed a satisfactory review of each of the following: (a) the status of any litigation affecting any of the Borrowers or their Affiliates; (b) the insurance program of the Borrowers; (c) all necessary (in the opinion of the Borrowers, the Agent or their counsel) governmental and third party approvals; (d) all material leases, supply contracts, employment agreements and other material contracts of the Borrowers and their domestic Affiliates; and (e) any other information or documentation as the Agent or the Banks may, in their sole discretion, consider material to their interests under this Agreement.

Related to Satisfactory Review

  • Satisfactory Work Services rendered hereunder are to be performed to the written satisfaction of County. County’s staff will interpret all reports and determine the quality, acceptability and progress of the services rendered.

  • Satisfactory Completion of Due Diligence The Company and the Shareholders shall have completed their legal, accounting and business due diligence of the Parent and the results thereof shall be satisfactory to the Company and the Shareholders in their sole and absolute discretion.

  • Satisfactory Legal Form All documents executed or submitted pursuant hereto by or on behalf of any Obligor shall be reasonably satisfactory in form and substance to the Administrative Agent and its counsel, and the Administrative Agent and its counsel shall have received all information, approvals, opinions, documents or instruments as the Administrative Agent or its counsel may reasonably request.

  • Form Satisfactory, Etc (a) All of the policies of insurance referred to in this Article 13 to be maintained by Lessee shall be written in a form, with deductibles and by insurance companies satisfactory to Lessor. Lessee shall pay all of the premiums therefor, and deliver such policies or certificates thereof to Lessor prior to their effective date (and, with respect to any renewal policy, thirty (30) days prior to the expiration of the existing policy), and in the event of the failure of Lessee either to effect such insurance as herein called for or to pay the premiums therefor, or to deliver such policies or certificates thereof to Lessor at the times required, Lessor shall be entitled, but shall have no obligation, to effect such insurance and pay the premiums therefor, and Lessee shall reimburse Lessor for any premium or premiums paid by Lessor for the coverages required of Lessee under this Article 13 upon written demand therefor, and Lessee’s failure to repay the same within thirty (30) days after Notice of such failure from Lessor shall constitute an Event of Default within the meaning of Section 16.1. Each insurer mentioned in this Article 13 shall agree, by endorsement to the policy or policies issued by it, or by independent instrument furnished to Lessor, that it will give to Lessor thirty (30) days’ written notice before the policy or policies in question shall be materially altered, allowed to expire or canceled. (b) All of the policies of insurance referred to in this Article 13 to be maintained by Lessor shall be written in a form, with deductibles and by insurance companies satisfactory to Lessee. Lessor shall pay all of the premiums therefor, and deliver such policies or certificates thereof to Lessee prior to their effective date (and, with respect to any renewal policy, thirty (30) days prior to the expiration of the existing policy), and in the event of the failure of Lessor either to effect such insurance as herein called for or to pay the premiums therefor, or to deliver such policies or certificates thereof to Lessee at the times required, Lessee shall be entitled, but shall have no obligation, to effect such insurance and pay the premiums therefor, and Lessor shall reimburse Lessee for any premium or premiums paid by Lessee for the coverages required under this Section upon written demand therefor. Each insurer mentioned in this Article 13 shall agree, by endorsement to the policy or policies issued by it, or by independent instrument furnished to Lessee, that it will give to Lessee thirty (30) days’ written notice before the policy or policies in question shall be materially altered, allowed to expire or canceled.

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