Due Diligence Period definition

Due Diligence Period has the meaning set forth in Section 4.1.

Due Diligence Period has the meaning set forth in Section 7.1.

Due Diligence Period means the period beginning upon the Effective Date and extending until the earlier of (i) 6:00 PM ET on the date that is thirty (30) days thereafter; and (ii) the date on which Sellers receive written notice of Buyer’s waiver of the Due Diligence Period.

Examples of Due Diligence Period in a sentence

• In accordance with Section 8.1(b), ExxonMobil will have the right to discuss Distributor’s Confidential Reports with third parties during the Due Diligence Period in which ExxonMobil is considering acquiring an interest in the business, subject to the parties signing a confidentiality agreement.

• The total purchase price (the “Total Purchase Price”) for the Estate Home shall be payable in United States Dollars as follows: First Deposit equivalent to ten percent (10%) of the Purchase Price due seven (7) business days following the expiration of the Due Diligence Period pursuant to Section 6 below and following receipt by the Escrow Agent of all documentation required to open the Escrow Account.

• Buyer’s approval of Due Diligence shall be deemed Buyer’s approval of any exceptions in the Title Report not previously removed or endorsed by Title Company during the Due Diligence Period.

• The Due Diligence Period may be extended upon mutual agreement of both parties as long as Buyer is using its commercially reasonable efforts to pursue City approval of the required Land Use Entitlements and other permits, licenses, etc.

• Pursuant to Section 6 below, at any time prior to the end of the Due Diligence Period, Purchaser may terminate this Agreement by delivery of written notice of such termination to Seller, and this Agreement shall terminate and be null and void, and neither party shall have any further liability or obligation to the other.

More Definitions of Due Diligence Period

Due Diligence Period means the period from the date hereof until 5:00 p.m. Los Angeles, California time on May 21, 2013. During the Due Diligence Period and thereafter through Closing, and with reasonable advance notice to Seller, Purchaser, its agents and representatives shall be entitled to enter onto the Real Property during reasonable business hours (subject to the rights of tenants in possession) to perform inspections and tests of the Property and the structural and mechanical systems within any Improvements and interview tenants with Seller having the right to be present during any such tenant interviews; provided, however, that in no event shall (i) such inspections or tests unreasonably disrupt or disturb the on-going operation of the Property or the rights of the tenants at the Property, or (ii) Purchaser or its agents or representatives drill or bore on or through the surface of the Property or perform any invasive testing without Seller’s prior written consent, which consent may be given or withheld in Seller’s sole and absolute discretion. After making such tests and inspections, Purchaser agrees to promptly restore the Property to its condition prior to such tests and inspections (which obligation shall survive the Closing or any termination of this Agreement). Prior to Purchaser entering the Property to conduct the inspections and tests described above, Purchaser shall obtain and maintain, and shall cause each of its contractors and agents to maintain, at Purchaser’s sole cost and expense, general liability insurance, in the amount of One Million Dollars ($1,000,000) combined single limit for personal injury and property damage per occurrence, such policies to name Seller and Seller’s property manager as additional insured parties, which insurance shall provide coverage against any claim for personal liability or property damage caused by Purchaser or its agents, employees or contractors in connection with any entering of the Property. If Purchaser terminates this Agreement (other than as a result of a default by Seller), then, upon request from Seller (and only if and to the extent so requested), Purchaser agrees to promptly deliver to Seller copies of all final third-party reports, studies and results of physical tests and investigations obtained or conducted on behalf of Purchaser with respect to the Property provided that all such reports shall be provided without any representations and warranties on the part of Purchaser of any kind regarding the accuracy ...

Due Diligence Period shall have the meaning as set forth in Section 2.16.1.

Due Diligence Period means the time period contemplated by Section 3.1 of this Agreement.

Due Diligence Period means the period beginning upon the Effective Date and extending until 11:59 PM EST on the date that is twenty-eight (28) days thereafter or the date on which Seller receives written notice of Buyer’s waiver of the Due Diligence Period. Seller shall deliver to Buyer all of the Due Diligence Materials within five (5) business days after the Effective Date, and for each day that passes thereafter until all of the Due Diligence Materials are delivered to Buyer, the Due Diligence Period and the Closing Date shall be extended by one (1) business day.

Due Diligence Period means the period commencing prior to the execution of this Agreement and expiring at 11:59 p.m. Eastern Time on the thirtieth day following the Commencement Date.

Due Diligence Period shall have the meaning set forth in Section 2.2(a).

Due Diligence Period in the Agreements shall mean and refer to the Due Diligence Period as extended by this Amendment.