Examples of Due Diligence Activities in a sentence
Except as may be set forth in the Lease once it is executed and delivered and to the extent consistent with its obligation to reasonably cooperate with Tenant under this Agreement, Landlord shall have no obligation to provide comments or approvals regarding the Due Diligence Activities; and no comments or approvals provided by Landlord shall in any way be relied on by Tenant or obligate Landlord to undertake responsibility for any portion of the Due Diligence Activities.
Tenant, at its sole cost and expense, shall be responsible for obtaining any and all permits and approvals from any governmental authority which may be necessary for it to conduct any Due Diligence Activities at the Premises.
All Due Diligence Activities shall be undertaken at Tenant’s sole cost and expense.
In connection with its Due Diligence Activities, Tenant shall (and shall cause its Representatives to) properly secure all work areas to prevent harm to occupants of the Premises and Landlord’s tenants, employees, agents and invitees.
Before attempting to conduct any Due Diligence Activities, Tenant shall give three business days’ advance notice to , telephone number: , fax: , email: .
Tenant will not permit any mechanics’, materialmen’s or other similar liens or claims to stand against the Premises for labor or material furnished in connection with any Due Diligence Activities performed by Tenant under this Agreement.
After conducting any Invasive Due Diligence Activities that may be permitted by Landlord pursuant to the terms and provisions of this Agreement, Tenant shall (and shall cause its Representatives to) promptly restore each affected area of the Premises to substantially its condition prior to such activities, to the extent which any changes resulted from Tenant’s Due Diligence Activities, which obligation shall survive the termination of this Agreement.
Upon reasonable and timely written notice of any such lien or claim delivered to Tenant by Landlord, Tenant may bond and contest the validity and the amount of such lien, but Tenant (a) will promptly pay any judgment rendered; (b) will promptly pay all proper costs and charges arising from the Due Diligence Activities and any disputes relating thereto; and (c) will have the lien or claim released at its sole expense.
All Due Diligence Activities or other work undertaken by Tenant at the Premises shall be for its sole account and not as an agent, servant or contractor for Landlord.
Tenant shall (and shall cause its Representatives to) conduct all Due Diligence Activities in compliance with (a) all applicable federal, state and local laws (including, without limitation, environmental laws); and (b) generally accepted professional engineering and industry standards.