Initial Inspection Period definition

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 expiring at 5:00 P.M. Eastern Standard Time on March 17, 2003.
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Initial Inspection Period has the meaning assigned to it in Section 0.
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Examples of Initial Inspection Period in a sentence

  • 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.

  • 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.

  • 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.

  • 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.

  • In the event the Buyer has not satisfied or waived all of the above contingencies at the end of the Inspection Period, Buyer may extend the Initial Inspection Period by Thirty (30) days (the “Extended Inspection Period”) with the deposit of an additional Two Thousand, Five Hundred Dollars ($2,500.00) (the “Additional Escrow Deposit”) on or before 5:00 p.m. Central Standard Time with the Escrow Agent, which shall be credited to the Buyer upon closing.

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

  • 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.

  • Any Due Diligence Items (save for Survey and easement issues) not expressly disapproved shall be deemed approved at the expiration of the Initial Inspection Period.

  • 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.

  • Transferee shall have until the expiration of the Initial Inspection Period to review such report and exceptions, and any survey obtained by Transferee.


More Definitions of Initial Inspection Period

Initial Inspection Period means the period commencing on July 18, 1997 and ending at 5:00 p.m. (Pacific Time) on the Firm Date.
Sample 1
Initial Inspection Period. The period beginning on the Date of Agreement and ending on the day forty-five (45) days thereafter.
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Initial Inspection Period. The period beginning on the Date of Agreement and ending on January 31, 2013.
Sample 1

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 as defined in Section 4.01.

  • Final Inspection means the process and procedure described in UGC Section 12.1.

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

  • Commissioning Period means, with respect to each Subproject, the period commencing upon the first delivery of Feed Gas to the Subproject in accordance with Sections 4.8 and 11.1 of the Agreement continuing through achievement of RFSU, commissioning, Start Up, Performance Testing and achievement of Substantial Completion for such Subproject.

  • 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

  • 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 first full three-year compliance period which begins at least 18 months after promulgation, except for the following contaminants: Dichloromethane; 1,2,4-Trichlorobenzene; 1,1,2- Trichloroethane; Benzo[a]pyrene; Dalapon; Di(2-ethylhexyl adipate; Di(2-ethylhexyl) phthalate; Dinoseb; Diquat; Endothall; Endrin; Glyphosate; Hexachlorobenzene; Hexachlorocyclopentadiene; Oxamyl (Vydate); Picloram; Simazine; 2,3,7,8-TCDD (Dioxin); Antimony; Beryllium; Cyanide; Nickel; and Thallium, initial compliance period means the first full three-year compliance period after promulgation for systems with 150 or more service connections (January 1993 -December 1995) and first full three-year compliance period after the effective date of regulation (January 1996 - December 1998) for systems having fewer than 150 service connections.

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

  • Commencement Date or Handover Date means the date on which the Licensed Space of first lot of stations as per Annexure 1 is handed over by DMRC to the Selected Bidder, in accordance with the terms of this agreement.

  • 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 minimum time that must pass after the creation, recording, or receipt of a record, or the fulfillment of certain actions associated with a record, before it is eligible for destruction.

  • 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.