Common use of Survey and Environmental Assessments Clause in Contracts

Survey and Environmental Assessments. During the Contingency Period (as defined in Section 6), Buyer may, at its sole discretion and expense, but subject to Section 6.2 below: (a) commission a surveyor of Buyer’s choice to prepare an ALTA survey of the Property; and (b) engage an environmental consultant of Buyer’s choice to prepare a Phase I environmental site assessment of the Property and, if recommended by such consultant, obtain a Phase II environmental site assessment and perform any recommended testing. Seller shall cooperate with Buyer’s obtaining such survey and environmental site assessments.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Retail Opportunity Investments Corp), Purchase and Sale Agreement (Retail Opportunity Investments Corp)

AutoNDA by SimpleDocs

Survey and Environmental Assessments. During the Contingency Period (as defined in Section 6), Buyer may, at its sole discretion and expense, but subject to Section 6.2 below6.2: (a) commission a surveyor of Buyer’s choice to prepare an ALTA survey of the Property; and (b) engage an environmental consultant of Buyer’s choice to prepare a Phase I environmental site assessment of the Property and, if recommended by such consultant, obtain a Phase II environmental site assessment and perform any recommended testing. Seller shall shall, subject to Section 6.2, reasonably cooperate with Buyer’s obtaining such survey and environmental site assessments.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Retail Opportunity Investments Corp)

Survey and Environmental Assessments. During the Contingency Period (as defined in Section 6), Buyer may, at its sole discretion and expense, but subject to Section 6.2 below: (a) commission a surveyor of Buyer’s choice to prepare an ALTA survey of the Property; and (b) engage an environmental consultant of Buyer’s choice to prepare a Phase I environmental site assessment of the Property and, if recommended by such consultant, obtain a Phase II environmental site assessment and perform any recommended testing. Seller shall cooperate with Buyer’s obtaining such survey and environmental site assessments.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Retail Opportunity Investments Corp)

AutoNDA by SimpleDocs

Survey and Environmental Assessments. During the Contingency Period (as defined in Section 6), Buyer may, at its sole discretion and expense, but subject to Section 6.2 below: (a) commission a surveyor of Buyer’s choice to prepare an ALTA survey of the Property; and (b) engage an environmental consultant of Buyer’s choice to prepare a Phase I environmental site assessment of the Property and, if recommended by such consultant, obtain a Phase II environmental site assessment and perform any recommended testing. The scope and manner of the Phase II environmental site assessment shall be subject to the prior written approval of Seller in its sole discretion. Seller shall cooperate with Buyer’s obtaining such survey and environmental site assessments.. Seller

Appears in 1 contract

Samples: Purchase and Sale Agreement (Retail Opportunity Investments Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.