Second Due Diligence Period Sample Clauses

Second Due Diligence Period. The Redeveloper shall have the automatic right to extend the Due Diligence Period for an additional 240 days, upon written notice to the Township to be served no later than 230 days after the Effective Date and an additional payment of $200,000 (“Extension Payment”).
Sample 1
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Second Due Diligence Period. The Redeveloper shall have the automatic right to extend the Due Diligence Period for an additional 210 days, upon written notice to the Township to be served no later than 200 days after the Effective Date and an additional payment of $200,000 (“Extension Payment”). Upon Redeveloper’s exercise of the right to extend into the Second Due Diligence Period, the Initial Payment shall become non- fundable. In the event that Redeveloper asserts that its determination not to extend the Due Diligence Period is based upon the Township’s unreasonable refusals to approve and execute the further required documents, as set in Section 3.3(a) below, Redeveloper may be entitled to a refund of the Initial Payment if the Township is found to be unreasonable pursuant to the process provided for in Section 3.3(a).
Sample 1

Related to Second Due Diligence Period

  • Review Period The Asset Representations Reviewer will complete the Review of all of the Review Receivables within sixty (60) days after having received access to the Review Materials pursuant to Section 3.2(a). However, if additional Review Materials are provided to the Asset Representations Reviewer in respect of any Review Receivables pursuant to Section 3.2(b), the Review period will be extended for an additional thirty (30) days in respect of any such Review Receivables.

  • Due Diligence During the term of this Agreement, the Company will reasonably cooperate with any reasonable due diligence review conducted by the Agent in connection with the transactions contemplated hereby, including, without limitation, providing information and making available documents and senior corporate officers, during normal business hours and at the Company’s principal offices, as the Agent may reasonably request from time to time.

  • Interview Period It is agreed that upon commencement of employment new employees will be advised by a representative of the Hospital of the existence of the Union and the conditions surrounding their employment as contained in the herein collective agreement and any rules that may be formulated under its terms. It is also agreed that a representative of the union will be given an opportunity to interview each employee once within the completing month of his/her probationary period for the purpose of ascertaining the wishes of the employee concerning membership in the Union. Such interview may take place on the day of orientation. The Hospital will notify the Union monthly of the names of those employees who are completing their probationary period and on request will arrange a time and place for such interview that time of which shall not exceed 15 minutes. Neither employee shall suffer loss of regular pay as a result of such interview.

  • Employee leaving during notice period An employee given notice of termination in circumstances of redundancy may terminate their employment during the period of notice. The employee is entitled to receive the benefits and payments they would have received under this clause had they remained in employment until the expiry of the notice, but is not entitled to any payment in lieu of any remaining notice.

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