Common use of Testing and Surveying Clause in Contracts

Testing and Surveying. Buyer shall have determined, on or before Closing Date, that, in its sole discretion, it is satisfied with the results of all matters disclosed by soil tests, well tests, inspections, surveys, hazardous waste and environmental reviews of the Property, including a Phase I (and if necessary a Phase II) environmental assessment of the Property, or any other analysis showing that the Property will meet the Buyer’s intended purposes. Such access and testing shall be governed by Section 11.

Appears in 3 contracts

Samples: Real Estate Purchase Agreement, Real Estate Purchase Agreement, Real Estate Purchase Agreement

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Testing and Surveying. Buyer shall have determined, on or before Closing Date, that, in its sole discretion, it is satisfied with the results of all matters disclosed by soil tests, well tests, inspections, surveys, hazardous waste and environmental reviews of the Property, including a Phase I (and if necessary a Phase II) environmental site assessment of the Property, or any other analysis showing that the Property will meet the Buyer’s intended purposes. Such access and testing shall be governed by Section 11.

Appears in 2 contracts

Samples: Real Estate Purchase Agreement, Real Estate Purchase Agreement

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Testing and Surveying. Buyer shall have determined, on or before Closing Date, that, in its sole discretion, it is satisfied with the results of all matters disclosed by soil tests, well tests, inspections, surveys, hazardous waste and environmental reviews of the Property, including a Phase I (and if necessary but subject to Seller’s consent, which consent may be granted or withheld in Seller’s sole discretion, a Phase II) environmental site assessment of the Property, or any other analysis showing that the Property will meet the Buyer’s intended purposes. Such access and testing shall be governed by Section 1113.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

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