Due Dilligence definition

Due Dilligence means Lender's review of the Borrower's business model (including, among other things, Borrower's market opportunities) and of the technical aspects of Borrower's business. Satisfactory conclusion of this review, as determined by Lender in its sole discretion, will result in the expansion of the Loan Commitment from $2,500,000 to a maximum of $10,000,000.
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Examples of Due Dilligence in a sentence

  • Where the Operator does not agree with the Environmental Due Dilligence report issued by the outgoing Operator, such Operator shall conduct a Baseline Environmental Due Diligence at own Costs.

  • Head of Auditors for: - Sustainable Forest Management (PEFC and FSC schemes) - Due Dilligence Systems - ENplus pellet certification - Soild biofuels certification.

  • During the Due Dilligence Period, Purchaser may obtain an ALTA survey in CADD and hard copy formats for the Property, certified by a registered civil engineer or a registered land surveyor licensed in Arizona, and provide same to Seller, the Title Company and Purchaser’s lender, and prepared in accordance with any requirements of Title Company or Purchaser’s lender (the “Survey”).

  • The closing of the Acquistion will be subject to the following conditions precedent: Due Dilligence: The Listed Company and CCAN each having complete to its satisfaction a due diligence review of the other party's business, assets, prospects, financial condition and affairs by 4:OO pm (Vancouver time) on January 31, 2017 (the "Due Diligence Period"), and all issues arising therefrom having been addressed to each party's satisfaction or waived by the Listed Company and CCAN, respectively.