Initial Inspection Period definition

Initial Inspection Period. The period beginning on the Date of Agreement and ending on January 31, 2013.
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Initial Inspection Period means the period commencing on the Effective Date and expiring at 5:00 p.m. (Arizona time) one hundred twenty (120) calendar days thereafter. In the event that at the end of the Initial Inspection Period Purchaser is diligently performing and analyzing its Studies and pursuing the Development Approval (as defined below) but determines that it requires additional time for such work, Purchaser may extend the Initial Inspection Period for one period of sixty
Sample 1
Initial Inspection Period means the period commencing on July 18, 1997 and ending at 5:00 p.m. (Pacific Time) on the Firm Date.
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Examples of Initial Inspection Period in a sentence

  • Notice of Purchaser’s intent to exercise its Extensions shall be provided not later than five (5) days prior to the expiration of the Initial Inspection Period or the expiration of the first Extension period.

  • In the event Transferee determines the Property is not suitable, then Transferee may terminate this Agreement by written notice to Transferor given prior to the end of the Initial Inspection Period.

  • During the Initial Inspection Period, Purchaser may, at Purchaser’s cost, obtain a survey of the Property.

  • If in Purchaser’s reasonable, good faith discretion, the Seller is unable to cure the defect or Purchaser is unable to satisfy any requirements imposed by Purchaser’s lender, Purchaser may terminate this Agreement by giving written notice to Seller on or before the expiration of the Initial Inspection Period or if applicable, the Extended Inspection Period (herein called a “Termination Notice”).

  • The results of said survey must be acceptable to Purchaser, in Purchaser’s reasonable discretion, as determined during the Initial Inspection Period, or Purchaser may terminate this Agreement upon written notice to Seller prior to the expiration of the Initial Inspection Period.

  • Notwithstanding anything in this Agreement to the contrary, upon the execution of this Agreement, Transferee shall pay to Transferor $1.00 as independent consideration for the Initial Inspection Period (as defined in Section 3.1 below) and Transferee’s rights under this Agreement.

  • If Transferee disapproves any matter affecting title (except Monetary Liens (as defined below), which shall be released upon and as a condition to Closing), then Transferee may terminate this Agreement by written notice to Transferor given on or prior to the expiration of the Initial Inspection Period.

  • The County shall have fifteen (15) business days from the County's receipt of the Partial Release Request (the "Initial Inspection Period") to (1) conduct an initial inspection of the Site Improvements identified in the Partial Release Request and (2) furnish a letter of potential deficiency (a "Deficiency Letter") to Owner if the County determines that all or a portion of the subject improvements are potentially deficient.

  • If Buyer fails to terminate this Agreement prior to 5:00 p.m. Central Standard Time on the 60th day of the Initial Inspection Period or otherwise extend the said Inspection Period as provided for herein, the Escrow Agent shall immediately, on the day following the expiration of the Initial Inspection Period, pay the Xxxxxxx Money to the Seller.

  • Should the Board of Directors of Buyer not approve the acquisition prior to the end of the Initial Inspection Period, Buyer shall have the right to terminate without penalty or liability to Seller and the Deposit together with interest accrued thereon, if any, shall be returned to Buyer.


More Definitions of Initial Inspection Period

Initial Inspection Period has the meaning assigned to it in Section 0.
Sample 1
Initial Inspection Period. The period beginning on the Date of Agreement and ending on the day forty-five (45) days thereafter.
Sample 1
Initial Inspection Period means the period expiring at 5:00 P.M. Eastern Standard Time on March 17, 2003.
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Related to Initial Inspection Period

  • Initial inspection means the first on-site inspection of facilities to verify declarations submitted pursuant to Articles III, IV, V and VI and this Annex.

  • Inspection Period means the period beginning on the Effective Date and expiring at 5:00 p.m. eastern time on the forty-fifth day after the Effective Date.

  • Study Period means the period commencing at 9:00 a.m. on the date hereof, and continuing through 5:00 p.m. on the Closing Date.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Examination Period means the last ten reporting cycles including the reporting cycle in which the involuntary examination is commenced except for instruments evidencing ownership, or rights to them or funds paid toward the purchase of them, or any dividend, capital credit, profit, distribution, interest, or payment on principal or other sum, held or owed by a holder, including funds deposited with a fiscal agent or fiduciary for payment of them, or pertaining to debt of a publicly traded corporation.

  • Final Inspection means the process and procedure described in UGC Section 12.

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Commissioning Period has the meaning set forth in Attachment T.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Remediation Period has the meaning specified in Section 8.2(a);

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;

  • Final Completion Date means the date on which Final Completion occurs.

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Lead inspection means a surface-by-surface investigation to determine the presence of lead-based

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

  • Transition Period means the period beginning with the Registration Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the third calendar year following the calendar year in which the Registration Date occurs; and (ii) the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2).

  • Home inspection means the on-site, physical review of the home of an applicant to assure the applicant and the home meets all health and safety requirements within these rules.

  • Mitigation Study Period means the duration of time extending six consecutive Capability Periods and beginning with the Starting Capability Period associated with a Class Year Study, Additional SDU Study, and/or Expedited Deliverability Study. For purposes of Section 23.4.5 of this Attachment H, “Mitigated UCAP” shall mean one or more megawatts of Unforced Capacity that are subject to Control by a Market Party that has been identified by the ISO as a Pivotal Supplier. For purposes of Section 23.4.5 of this Attachment H, “Mitigation Net CONE” shall mean the capacity price on the currently effective ICAP Demand Curve for the Mitigated Capacity Zone corresponding to the average amount of excess capacity above the Mitigated Capacity Zone Installed Capacity requirement, expressed as a percentage of that requirement, that formed the basis for the ICAP Demand Curve approved by the Commission.

  • Initial compliance period means the three-year compliance period that begins January 1, 1993, except for the MCLs for dichloromethane, 1,2,4-trichlorobenzene, 1,1,2-trichloroethane, benzo(a)pyrene, dalapon, di(2-ethylhexyl)adipate, di(2-ethyl- hexyl)phthalate, dinoseb, diquat, endothall, endrin, glyphosate, hexachlorobenzene, hexachlorocyclopentadiene, oxamyl, picloram, simazine, 2,3,7,8-TCDD, antimony, beryllium, cyanide, nickel, and thallium, as they apply to a supplier whose system has fewer than 150 service connections, for which it means the three-year compliance period that began on January 1, 1996.

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Title Review Period shall have the meaning set forth in Section 4.3.

  • Inspection Fee means a fee payable to Lender or Loan Servicer for performing any inspection required by this Agreement in an amount not to exceed $500.00 per inspection.

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Retention Period means the time period that the Customer Data is stored within the cloud storage, as specified in the product addenda.

  • Rectification Period means the period of time set out in Section 4.3 of this RFP during which a Proponent will be permitted to rectify its Proposal to satisfy the mandatory submission requirements of this RFP.