Second Inspection definition

Second Inspection means the second Residual Life Inspection as set forth in Section
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Second Inspection has the meaning given in Clause 19.4.1.
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Second Inspection has the meaning given to this term in Clause 43.2.1 (Second Inspection).
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Examples of Second Inspection in a sentence

  • After Seller completes all Punch List items, Buyer and Seller’s representative will jointly conduct a Second Inspection, at which Buyer and Seller shall sign an updated punch list indicating that all items are completed.

  • Purchaser and Seller intend to negotiate and enter into the Remediation Agreement on or before the date that is thirty (30) days after the first day of the Second Inspection Period (as defined in Section 3.3 below).

  • Assignor will notify Assignee when it is vacating the Premises, both to arrange the Second Inspection and also to arrange for Assignee to immediately following Assignee’s vacancy to enter the Premises and commence alterations thereto.

  • Receiving Party shall return to Disclosing Party the NexCopy Flash Drive after the First Inspection period, the Second Inspection period, and after the completion of the hearing.

  • If the CITY approves the Landscaping Improvements based upon the Second Inspection, the Landscaping Guarantee may be reduced to an amount equal to ten percent (10%) of the original amount (the “Second Reduction”).

  • In the event that Purchaser and Seller are unable to reach agreement as to a form of Remediation Agreement and the Remediation Agreement is not fully executed by Purchaser and Seller by the last day of the Second Inspection Period, Purchaser may terminate this Agreement by exercising its termination right pursuant to Section 3.4 below.

  • During the Second Inspection Period, Purchaser and Seller shall negotiate, in good faith, with the objective of agreeing to a mutually acceptable, commercially reasonable form of Remediation Agreement and shall, upon such mutual agreement as to the form of Remediation Agreement, promptly execute the Remediation Agreement in such mutually agreed form.

  • If Purchaser delivers to Seller written notice of its approval of the Property and election to move forward with the purchase of the Property as contemplated herein by the end of the Second Inspection Period (the “Second Approval Notice”), this Agreement shall continue in full force and effect, and the parties shall proceed to Closing the transaction contemplated herein.

  • If the City approves the revegetation, stabilization and erosion control measures installed and maintained by the Property Owner based upon the Second Inspection, the Proceeds may be reduced by an amount equal to ninety percent (90%) of the original revegetation amount (the “Second Reduction”).

  • Notwithstanding the date set forth in Section 1 above, under no circumstances shall the Effective Date occur or Assignee otherwise be liable under the Lease, until after the Second Inspection and after Assignee has verified to its reasonable satisfaction that any damage was repaired and personal property removed.


More Definitions of Second Inspection

Second Inspection has the meaning given to it in Article 54.6(c)(i).
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Second Inspection means the second inspection, if any, performed by or on behalf of the FDA, of the [*] Facility in connection with the Qualification thereof;
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Second Inspection shall have the meaning set forth in Section 2.5(a).
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Second Inspection shall have the meaning set forth in Section 2.5(a). “Second Inspection Report” shall have the meaning set forth in Section 2.5(a). “Section 2.2(b) Election” shall have the meaning set forth in Section 2.2(b).
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Related to Second Inspection

  • 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.

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

  • 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.

  • Onsite means within the Prescribed Premises boundary.

  • 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.

  • Certificate of inspection means an unsworn statement,

  • Inspection means activities such as measuring, examining, testing, gauging one or more characteristics of the product or service and comparing the same with the specified requirement to determine conformity.

  • Phase II means the second part of the tuition incentive assistance program which provides assistance in the third and fourth year of 4-year degree programs.

  • Building Inspector means a person licensed to carry out completed residential building inspections under the Queensland Building and Construction Commission Regulations 2003;

  • Site Visit means a visit to the Site; and

  • Site means the place or places where the permanent Works are to be carried out including workshops where the same is being prepared.

  • Audits means the audits and reviews carried out by the Bank or the Bank’s auditors, experts and insurers, as the case may be in accordance with the terms and conditions set out in Section 18.

  • Phase I means the first part of the tuition incentive assistance program defined as the academic period of 80 semester or 120 term credits, or less, leading to an associate degree or certificate.

  • Environmental Audit means, with respect to each Property, a Phase One environmental site assessment (the scope and performance of which meets or exceeds the then most current ASTM Standard Practice E1527 for Environmental Site Assessments: Phase One Environmental Site Assessment Process) of such Property.

  • Site Host means the Person or Persons purchasing or otherwise using the Site Host Load or thermal energy output from the Generating Facility.

  • Offsite means located outside the lot lines of the lot in question

  • Independent Engineer means XxXxxxxx and XxxXxxxxxxx or any other third party engineering firm acceptable to the Administrative Agent in its sole discretion.

  • Inspect means the ability to review and copy a CIF to the same extent as any other document contained in a court file.

  • Due Diligence Review shall have the meaning as set forth in Section 2.5.