Site Conditions definition
Examples of Site Conditions in a sentence
If Commnet approves the incurrence of such costs and expenses in writing, Commnet shall be responsible for reimbursing, and shall promptly (but in any event no later than sixty (60) days following request with reasonable detail therefor) reimburse, Buyer for all approved commercially reasonable and documented out-of-pocket costs and expenses incurred by it in connection with any efforts to cause the Managed Site Condition(s) causing any Portfolio Site to be a Managed Site to be cured.
In addition, the Parties agree that: (i) the matters identified Schedule 2.8(d) hereto shall not constitute Managed Site Conditions and have been factored into the determination of the Allocated Site Consideration for the applicable Portfolio Sites, and (ii) Buyer will assume the liability for such Managed Site Conditions at the Initial Site Closing for each such Sale Site and will not have any recourse against the Commnet Parties for any such Managed Site Conditions.
Subject to Section 2.8(d) and Section 4.3(a), until the Final Subsequent Closing Date Deadline, Commnet shall use commercially reasonable efforts at its sole cost and expense, to cure the Managed Site Condition(s) causing any Portfolio Site (other than an Excluded Site) to be a Managed Site or a Deferred Site.