Inspection Period definition

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

Inspection Period has the meaning set forth in Section 4.3.

Inspection Period has the meaning set forth in Section 2.07.

Examples of Inspection Period in a sentence

• Skanska may terminate this Agreement any time prior to expiration of the Inspection Period without penalty by written notice to City, whereupon the parties shall have no further obligations under this Agreement except those obligations, if any, which expressly survive termination and Escrow Agent shall return the Deposit to Skanska.

• Such entry and inspections may be conducted commencing on the Effective Date and ending upon expiration of the Inspection Period.

• The Inspection Period under the Contract is hereby extended to May 22, 2024; with one option to extend thereafter through June 5, 2024, if deemed necessary and approved by the Interim Director of the BEDC.

• If Xxxxxxx gives written notice to City prior to expiration of the Inspection Period that Skanska is satisfied with the Sale Property and will proceed to Closing (subject to the Closing conditions stated herein), the Inspection Contingency shall be deemed satisfied.

• Upon expiration of the Inspection Period (defined below), Skanska shall deposit with the Seattle office of Chicago Title Insurance Company (“Escrow Agent”) a sum of money equal to 2.5% of the Purchase Price (including all interest earned thereon, the “Deposit”) to secure performance of Skanska’s obligations under this Agreement.

More Definitions of Inspection Period

Inspection Period has the meaning set forth in Section 6.6.

Inspection Period means the period commencing on the Effective Date and expiring at 6:00 p.m., local time at the Property, on May 12, 2011.

Inspection Period has the meaning ascribed to such term in Section 5.1(a).

Inspection Period has the meaning set forth in Section 3.3(d).

Inspection Period means the period of time which expires at the end of business on the thirtieth (30th) day after the date of execution by the last of Buyer or Seller to execute this Agreement and transmit a copy of the fully executed Agreement to the other. If such expiration date is a weekend or national holiday, the Inspection Period shall expire at the end of business on the next immediately succeeding business day.

Inspection Period as used herein, shall mean the period ending at 5:00 p.m. Boston time on the date which is thirty (30) days after the date of this Agreement. Buyer shall have the right to terminate this Agreement, in its sole discretion, by giving written notice of such election to Seller on any day prior to and including the final day of the Inspection Period, in which event the Initial Deposit shall be returned forthwith to Buyer and, except as expressly set forth herein, neither party shall have any further liability or obligation to the other hereunder. In the absence of such written notice, the contingency provided for in this Section 6.02 shall no longer be applicable, Buyer shall be deemed to have waived its right to terminate under this Section 6.02, and this Agreement shall continue in full force and effect.

Inspection Period has the meaning set forth in Section 9.01(b)(ii).