Common use of Due Diligence Investigation Clause in Contracts

Due Diligence Investigation. Buyer acknowledges that it has investigated, reviewed and approved (or has had an adequate opportunity to investigate and review and accordingly approves) the physical, developmental and economic status and feasibility of the Property, including without limitation marketing studies, land use and legal due diligence, engineering studies, soils tests, physical inspections and environmental surveys with respect to the Property. In order to facilitate Buyer's investigation and analysis, Seller has granted and will continue to grant to Buyer the right to enter the Property at any time during normal business hours upon forty-eight (48) hours' prior written notice to Seller, to conduct such inspections, reviews, examinations and tests on the Property as Buyer has deemed necessary or desirable to investigate the physical condition of the Property, as well as access to relevant information relating to the Property within Seller's possession or under Seller's control (but Seller has made and now makes no representation or warranty regarding the accuracy or completeness of such information). Buyer further acknowledges that it is acquiring the Property in its "as-is" condition in accordance with Section 19 below.