Common use of Site Visits, Observations and Testing Clause in Contracts

Site Visits, Observations and Testing. Subject to the limitations in this Section 7 and the terms of the existing Leases, Lender and any assignee and its agents and representatives shall have the right at any reasonable time, on reasonable advance notice, to enter and visit the Property for the purposes of observing the Property, taking and removing soil or groundwater samples, and conducting tests on any part of the Property upon Lender’s Belief of a Release or Violation. Such parties shall have no duty, however, to visit or observe the Property or to conduct tests, and no site visit, observation or testing by any such party shall impose any liability on any such party. In no event shall any site visit, observation or testing by any such party be a representation that Hazardous Substances are or are not present in, on or under the Property, or that there has been or shall be compliance with any Environmental Laws. Neither Indemnitor nor any other Person is entitled to rely on any site visit, observation or testing by any such party. Any such party shall give Indemnitor reasonable notice before entering the Property and such site visits, observations, testing shall be limited to once per calendar year, subject to Lender’s Belief of a Release or Violation. Any such party shall make reasonable efforts to avoid any unreasonable interference with Borrower’s use or enjoyment of the Property in exercising any rights provided in this Section.

Appears in 2 contracts

Samples: Indemnity (Inland Real Estate Income Trust, Inc.), Inland Real Estate Income Trust, Inc.

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Site Visits, Observations and Testing. Subject to the limitations in this Section 7 and the terms in Section 2.11(d) of the existing LeasesLoan Agreement, Lender Foothill and any assignee and its their agents and representatives shall have the right at any reasonable time, on reasonable advance notice, time to enter and visit the Real Property Collateral for the purposes of observing the PropertyReal Property Collateral, taking and removing soil or groundwater samples, and conducting tests on any part of the Real Property upon Lender’s Belief of a Release or ViolationCollateral. Such Said parties shall have no duty, however, to visit or observe the Real Property Collateral or to conduct tests, and no site visit, observation or testing by any such party shall impose any liability on any such party. In no event shall any site visit, observation or testing by any such party be a representation that Hazardous Substances Materials are or are not present in, on or under the PropertyReal Property Collateral, or that there has been or shall be compliance with any Environmental Laws. Neither Indemnitor Obligor nor any other Person person is entitled to rely on any site visit, observation or testing by any such party. Any such party shall give Indemnitor Obligor reasonable notice before entering the Real Property and such site visits, observations, testing shall be limited to once per calendar year, subject to Lender’s Belief of a Release or ViolationCollateral. Any such party shall make reasonable efforts to avoid any unreasonable interference with Borrower’s Obligor's use or enjoyment of the Real Property Collateral in exercising any rights provided in this Section.

Appears in 1 contract

Samples: Fitzgeralds Gaming Corp

Site Visits, Observations and Testing. Subject to the limitations in this Section 7 The Indemnified Parties and the terms of the existing Leases, Lender and any assignee and its their agents and representatives shall have the right at any during regular business hours with reasonable time, on reasonable advance noticeprior written notice to Borrower, to enter and visit the Property its real property for the purposes of observing the Propertyreal property, taking and removing soil or groundwater samples, and conducting tests on any part of the Property upon Lender’s Belief of a Release or Violationreal property. Such parties The Indemnified Parties shall have no duty, however, to visit or observe the Property real property or to conduct tests, and no site visit, observation or testing by any such party Indemnified Party shall impose any liability on any such partyIndemnified Party. In no event shall any site visit, observation or testing by any such party Indemnified Party be a representation that Hazardous Substances are or are not present in, on or under the Propertyreal property, or that there has been or shall be compliance with any Environmental Lawslaw, regulation or ordinance pertaining to Hazardous Substances or any other applicable governmental law. Neither Indemnitor Borrower, nor any other Person party, is entitled to rely on any site visit, observation or testing by any such partyIndemnified Party. Any such The Indemnified Parties owe no duty of care to protect Borrower or any other party shall give Indemnitor reasonable notice before entering against, or to inform Borrower or any other party of, any Hazardous Substances or any other adverse condition affecting the Property and such site visits, observations, testing shall be limited to once per calendar year, subject to Lender’s Belief of a Release or Violationreal property. Any such party The Indemnified Party shall make reasonable efforts to avoid any unreasonable interference interfering with Borrower’s the use or enjoyment of the Property real property by Borrower in exercising any rights provided in this SectionSection 11.7.

Appears in 1 contract

Samples: Credit Agreement (Onesource Technologies Inc)

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Site Visits, Observations and Testing. Subject to the limitations in this Section 7 and 7, Administrative Agent, the terms of the existing Leases, Lender Lenders and any assignee and its their respective agents and representatives shall have the right at any reasonable time, on reasonable advance notice, to enter and visit the Property for the purposes of observing the Property, taking and removing soil or groundwater samples, and conducting non-invasive tests on any part of the Property upon LenderAdministrative Agent’s Belief of a Release or Violation. Such parties shall have no duty, however, to visit or observe the Property or to conduct tests, and no site visit, observation or testing by any such party shall impose any liability on any such partyparty unless such party was grossly negligent in conducting such observation or testing. In no event shall any site visit, observation or testing by any such party be a representation that Hazardous Substances are or are not present in, on or under the Property, or that there has been or shall be compliance with any Environmental Laws. Neither Indemnitor nor any other Person is entitled to rely on any site visit, observation or testing by any such party. Any such party shall give Indemnitor reasonable notice before entering the Property and such site visits, observations, testing shall be limited to once per calendar year, subject to LenderAdministrative Agent’s Belief of a Release or Violation. Any such party shall make reasonable efforts to avoid any unreasonable interference with Borrower’s use or enjoyment of the Property in exercising any rights provided in this Section.

Appears in 1 contract

Samples: Environmental Indemnity (New York City REIT, Inc.)

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