Common use of Study Period Clause in Contracts

Study Period. (a) The Acquiror shall have the right, until 5:00 p.m. on the last day of the Study Period, and thereafter if the Acquiror notifies the Contributor that the Acquiror has elected to proceed to Closing in the manner described below, to enter upon the Real Property and to perform, at the Acquiror's expense, such economic, surveying, engineering, environmental, topographic and marketing tests, studies and investigations as the Acquiror may deem appropriate. If such tests, studies and investigations warrant, in the Acquiror's sole, absolute and unreviewable discretion, the acquisition of the Property for the purposes contemplated by the Acquiror, then the Acquiror may elect to proceed to Closing and shall so notify the Contributor prior to the expiration of the Study Period. If for any reason the Acquiror does not so notify the Contributor of its determination to proceed to Closing prior to the expiration of the Study Period, or if the Acquiror notifies the Contributor, in writing, prior to the expiration of the Study Period that it has determined not to proceed to Closing, this Agreement automatically shall terminate, the Acquiror shall be released from any further liability or obligation under this Agreement.

Study Period. (a) The Acquiror shall have the right, until 5:00 p.m. on the last day of the Study Period, and thereafter if the Acquiror notifies the Contributor that the Acquiror has elected to proceed to Closing in the manner described below, to enter upon the Real Property and to perform, at the Acquiror's expense, such economic, surveying, engineering, environmental, topographic and marketing tests, studies and investigations as the Acquiror may deem appropriate. If such tests, studies and investigations warrant, in the Acquiror's sole, absolute and unreviewable discretion, the acquisition of the Property Land for the purposes contemplated by the Acquiror, then the Acquiror may elect to proceed to Closing and shall so notify the Contributor prior to the expiration of the Study Period. If for any reason the Acquiror does not so notify the Contributor of its determination to proceed to Closing prior to the expiration of the Study Period, or if the Acquiror notifies the Contributor, in writing, prior to the expiration of the Study Period that it has determined not to proceed to Closing, this Agreement automatically shall terminate, the Acquiror shall be released from any further liability or obligation under this Agreement.

Study Period. (a) The Acquiror shall have the right, until 5:00 p.m. on the last day of the Study Period, and thereafter if the Acquiror notifies the Contributor Contributors that the Acquiror has elected to proceed to Closing in the manner described below, to enter upon the Real Property and to perform, at the Acquiror's expense, such economic, surveying, engineering, environmental, topographic and marketing tests, studies and investigations as the Acquiror may deem appropriate. If such tests, studies and investigations warrant, in the Acquiror's sole, absolute and unreviewable discretion, the acquisition purchase of the Property Interests for the purposes contemplated by the Acquiror, then the Acquiror may elect to proceed to Closing and shall so notify the Contributor Contributors prior to the expiration of the Study Period. If for any reason the Acquiror does not so notify the Contributor Contributors of its determination to proceed to Closing prior to the expiration of the Study Period, or if the Acquiror notifies the ContributorContributors, in writing, prior to the expiration of the Study Period that it has determined not to proceed to Closing, this Agreement automatically shall terminate, and the Acquiror shall be released from any further liability or obligation under this Agreement.

Study Period. (a) The Acquiror shall have the right, until 5:00 p.m. on the last day end of the Study Period, and thereafter if the Acquiror notifies the Contributor that the Acquiror has elected to proceed to Closing in the manner described below, to enter upon the Real Property and to perform, at the Acquiror's expense, such economic, surveying, engineering, environmental, topographic and marketing tests, studies and investigations as the Acquiror may deem appropriate. If such tests, studies and investigations warrant, in the Acquiror's sole, absolute and unreviewable discretion, the acquisition purchase of the Property Interests for the purposes contemplated by the Acquiror, then the Acquiror may elect to proceed to Closing and shall so notify the Contributor prior to the expiration of the Study Period. If for any reason the Acquiror does not so notify the Contributor of its determination to proceed to Closing prior to the expiration of the Study Period, or if the Acquiror notifies the Contributor, in writing, prior to the expiration of the Study Period that it has determined not to proceed to Closing, this Agreement automatically shall terminate, and the Acquiror shall be released from any further liability or obligation under this Agreement.

Study Period. (a) The Acquiror shall have the right, until 5:00 p.m. on the last day of the Study Period, and thereafter if the Acquiror notifies the Contributor Contributors that the Acquiror has elected to proceed to Closing in the manner described below, to enter upon the Real Property and to perform, at the Acquiror's expense, such economic, surveying, engineering, environmental, topographic and marketing tests, studies and investigations as the Acquiror may deem appropriate. If such tests, studies and investigations warrant, in the Acquiror's sole, absolute and unreviewable discretion, the acquisition purchase of the Property for the purposes contemplated by the Acquiror, then the Acquiror may elect to proceed to Closing and shall so notify the Contributor Contributors prior to the expiration of the Study Period. If for any reason the Acquiror does not so notify the Contributor Contributors of its determination to proceed to Closing prior to the expiration of the Study Period, or if the Acquiror notifies the ContributorContributors, in writing, prior to the expiration of the Study Period that it has determined not to proceed to Closing, this Agreement automatically shall terminate, and the Acquiror shall be released from any further liability or obligation under this Agreement.

Study Period. (a) The Acquiror Acquirer shall have the right, until 5:00 p.m. on the last day end of the Study Period, and thereafter if the Acquiror notifies the Contributor that the Acquiror has elected to proceed to Closing in the manner described below, to enter upon the Real Property and to perform, at the Acquiror's Acquirer’s expense, such economic, surveying, engineering, environmental, topographic and marketing tests, studies and investigations as the Acquiror Acquirer may deem appropriate. If such tests, studies and investigations warrant, in the Acquiror's Acquirer’s sole, absolute and unreviewable discretion, the acquisition purchase of the Property Interests for the purposes contemplated by the AcquirorAcquirer, then the Acquiror Acquirer may elect to proceed to Closing and shall so notify the Contributor Contributors prior to the expiration of the Study Period. If for any reason the Acquiror Acquirer does not so notify the Contributor Contributors of its determination to proceed to Closing prior to the expiration of the Study Period, or if the Acquiror Acquirer notifies the ContributorContributors, in writing, prior to the expiration of the Study Period that it has determined not to proceed to Closing, this Agreement automatically shall terminate, and the Acquiror Acquirer shall be released from any further liability or obligation under this Agreement.

Study Period. (a) The Acquiror Acquirer shall have the right, until 5:00 p.m. on the last day end of the Study Period, and thereafter if the Acquiror notifies the Contributor that the Acquiror has elected to proceed to Closing in the manner described below, to enter upon the Real Property and to perform, at the Acquiror's Acquirer’s expense, such economic, surveying, engineering, environmental, topographic and marketing tests, studies and investigations as the Acquiror Acquirer may deem appropriate. If such tests, studies and investigations warrant, in the Acquiror's Acquirer’s sole, absolute and unreviewable discretion, the acquisition of the Property Interests for the purposes contemplated by the AcquirorAcquirer, then the Acquiror Acquirer may elect to proceed to Closing and shall so notify the Contributor Contributors prior to the expiration of the Study Period. If for any reason the Acquiror Acquirer does not so notify the Contributor Contributors of its determination to proceed to Closing prior to the expiration of the Study Period, or if the Acquiror Acquirer notifies the ContributorContributors, in writing, prior to the expiration of the Study Period that it has determined not to proceed to Closing, this Agreement automatically shall terminate, and the Acquiror Acquirer shall be released from any further liability or obligation under this Agreement.

Study Period. (a) The Acquiror Acquirer shall have the right, until 5:00 p.m. on the last day end of the Study Period, and thereafter if the Acquiror notifies the Contributor that the Acquiror has elected to proceed to Closing in the manner described below, to enter upon the Real Property and to perform, at the AcquirorAcquirer's expense, such economic, surveying, engineering, environmental, topographic and marketing tests, studies and investigations as the Acquiror Acquirer may deem appropriate. If such tests, studies and investigations warrant, in the AcquirorAcquirer's sole, absolute and unreviewable discretion, the acquisition of the Property Interests for the purposes contemplated by the AcquirorAcquirer, then the Acquiror Acquirer may elect to proceed to Closing and shall so notify the Contributor Contributors prior to the expiration of the Study Period. If for any reason the Acquiror Acquirer does not so notify the Contributor Contributors of its determination to proceed to Closing prior to the expiration of the Study Period, or if the Acquiror Acquirer notifies the ContributorContributors, in writing, prior to the expiration of the Study Period that it has determined not to proceed to Closing, this Agreement automatically shall terminate, and the Acquiror Acquirer shall be released from any further liability or obligation under this Agreement.