The Study Period. Buyer shall have until the later of 5:00 p.m. MST on (i) the thirtieth (30th) day after the Opening of Escrow, (ii) thirty (30) days from Buyer's receipt of all deliveries of Seller's Diligence Materials (as hereinafter defined), (iii) that day which is ten (10) days from Buyer's receipt of the Report and legible copies of all documents identified in Part Two of Schedule B of the Report, or (iv) that day which is ten (10) days from Buyer's receipt of the Survey (as hereinafter defined) (the "Study Period"), at Buyer's sole cost, within which to conduct and approve any investigations, studies or tests deemed necessary by Buyer, in Buyer's sole discretion, to determine the feasibility of acquiring the Property, including, without limitation, Buyer's right to: (i) review and approve the Survey, the Lease, Seller's operating statements with respect to the Property, and the Contracts; (ii) subject to advance notice to Seller and Tenant, meet and confer with Tenant; and, (iii) obtain, review and approve an environmental study of the Real Property and Building (collectively, "Buyer's Diligence").
Appears in 1 contract
Samples: Purchase Agreement (Cole Credit Property Trust II Inc)
The Study Period. As to any particular Premises, Buyer shall have until the later of 5:00 p.m. MST on (i) the thirtieth (30th) day after the Opening of Escrow, ; (ii) thirty (30) days from Buyer's receipt of all deliveries of Seller's Diligence Materials (as hereinafter defined), ) related to such Premises; (iii) that day which is ten (10) days from Buyer's after receipt of the Report and legible copies of all documents identified in Part Two of Schedule B of the Report, ; or (iv) that day which is ten (10) days from Buyer's receipt of the Survey (as hereinafter defined) (the "Study Period"), at Buyer's sole cost, within which to conduct and approve any investigations, studies or tests deemed necessary by Buyer, in Buyer's sole discretion, to determine the feasibility of acquiring each of the PropertyPremises, including, without limitation, Buyer's right to: (ix) review and approve the each Survey, the each Lease, Seller's operating statements with respect to each of the PropertyPremises, and the Contracts; (iiy) subject to advance notice to Seller and Tenant, meet and confer with Tenant; and, (iiiz) obtain, review and approve an environmental study of each of the Real Property and Building Premises (collectively, "Buyer's Diligence").
Appears in 1 contract
Samples: Master Purchase Agreement (Cole Credit Property Trust II Inc)
The Study Period. As to any particular Property, Buyer shall have until 11:59 p.m. MST on the later of 5:00 p.m. MST on (i) the thirtieth (30th) day after the Opening of EscrowEffective Date, (ii) thirty the thirtieth (3030th) days from day after Buyer's ’s receipt of all deliveries of Seller's ’s Diligence Materials (as hereinafter defined), (iii) that the tenth (10th) day which is ten (10) days from after Buyer's ’s receipt of the Report and legible copies of all documents identified in Part Two of Schedule B of the ReportSurveys (as hereinafter defined), or (iv) that the thirtieth (30th) day which is ten (10) days from Buyer's after Buyer receipt of the Survey (as hereinafter defined) fully executed Lease Amendments (the "“Study Period"”), at Buyer's ’s sole cost, within which to conduct and approve any investigations, studies or tests deemed necessary by Buyer, in Buyer's ’s sole discretion, to determine the feasibility of acquiring the PropertyProperties, including, without limitation, Buyer's ’s right to: (i) review and approve the each Survey, the each Lease, Seller's ’s operating statements with respect to the each Property, and the Contracts; (ii) subject to advance notice to Seller and Tenant, meet and confer with Tenant; and, (iii) obtain, review and approve an environmental study of the Real each Property and Building (collectively, "“Buyer's ’s Diligence"”). Seller acknowledges and agrees that Buyer shall have the right to terminate this Agreement at any time from and after the Effective Date and until the expiration of the Study Period in Buyer’s sole discretion.
Appears in 1 contract
Samples: Master Purchase Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.)
The Study Period. Buyer shall have until 11:59 p.m. MST on the later of 5:00 p.m. MST on (i) the thirtieth (30th) day after the Opening of Escrow, (ii) thirty the thirtieth (3030th) days from day after Buyer's ’s receipt of all deliveries of Seller's ’s Diligence Materials (as hereinafter defined), or (iii) that the tenth (10th) day which is ten (10) days from after Buyer's ’s receipt of the Report and legible copies of all documents identified in Part Two of Schedule B of the Report, or (iv) that day which is ten (10) days from Buyer's receipt of the Survey Surveys (as hereinafter defined) but, as to this subpart (iii), no more than forty (40) days after the Opening of Escrow (the "“Study Period"”), at Buyer's ’s sole cost, within which to conduct and approve any investigations, studies or tests deemed necessary by Buyer, in Buyer's ’s sole discretion, to determine the feasibility of acquiring the PropertyProperties, including, without limitation, Buyer's ’s right to: (i) review and approve the each Survey, the each Lease, Seller's ’s operating statements with respect to the each Property, and the Contracts; (ii) subject to advance notice to Seller and Tenant, meet and confer with Tenant; and, (iii) obtain, review and approve an environmental study of the Real each Property and Building (collectively, "“Buyer's ’s Diligence"”).
Appears in 1 contract
Samples: Master Purchase Agreement (Cole Credit Property Trust Iv, Inc.)