Examples of Inspection Notice in a sentence
Tenant shall be deemed to have waived its right to inspect Landlord’s books and records if Tenant fails to timely deliver the Inspection Notice, or fails to timely complete the inspection (unless Landlord was the cause of the delay).
Effective upon complete execution of this Tenth Amendment, Buyer hereby notifies Seller of its approval of its Physical Inspections and Other Investigations of the Property and this Tenth Amendment serves as Buyer’s Inspection Notice.
Upon receiving an Inspection Notice, you shall have 10 days to comply with the notice or otherwise be deemed to be in material breach of this exhibit.
If Buyer rejects one or more of the Aircraft pursuant to the Initial Inspection Notice, neither Buyer nor Seller shall have any further obligation to the other under this Agreement with respect to such Aircraft, provided, that, in the case of a rejection by Buyer of an Aircraft, Seller shall return the applicable Aircraft Deposit to Seller in accordance with Article 2 hereof.
For the avoidance of doubt, Buyer’s rejection of one or more Aircraft shall not affect the rights of Buyer and Seller hereunder with respect to the other Aircraft which the Buyer accepts pursuant to the Initial Inspection Notice.