Inspection and Due Diligence. Property is being sold subject to a Due Diligence Period of days from the Binding Agreement Date. Time Limit of this Counter Offer: This Counteroffer, which incorporates and controls over the Original Offer, shall expire at o’clock .m. on the date of unless prior to that time it is accepted in writing and notice (as that term is defined in the Original Offer) is delivered to the party who made the Counteroffer. O Buyer(s) Initials Seller(s) Initials THIS FORM IS COPYRIGHTED AND MAY ONLY BE USED IN REAL ESTATE TRANSACTIONS IN WHICH IS INVOLVED AS A REAL ESTATE LICENSEE. UNAUTHORIZED USE OF THE FORM MAY RESULT IN LEGAL SANCTIONS BEING BROUGHT AGAINST THE USER AND SHOULD BE REPORTED TO THE GEORGIA ASSOCIATION OF REALTORS® AT (000) 000-0000.
Inspection and Due Diligence a. Due Diligence Period: Property is being sold subject to a Due Diligence Period of days from the Binding Agreement Date. b.
Inspection and Due Diligence. 2.5.1 If Seller has not previously delivered or made available to Buyer the following, then not later than the date which is three (3) days after the Effective Date, Seller will deliver or make available to Buyer the following documents and records regarding the Property to the extent such are in Seller’s possession or control and which are not privileged as reasonably determined by Seller (collectively, the "Property Materials"). The Property Materials are being delivered or made available to Buyer to facilitate Buyer’s Physical Inspections and Other Investigations (as such terms are defined in Section 2.5.3 hereof), of the Property, and except as otherwise specifically provided in this Agreement, Seller makes no representations or warranties of any kind or nature whatsoever regarding the accuracy, completeness or thoroughness of such Property Materials:
Inspection and Due Diligence. (a) Prior to Closing, Purchaser (including its agents and representatives) shall be permitted to inspect the Facility and the Purchased Property. The “
Inspection and Due Diligence. 2.01 Inspection and Due Diligence. Prior to the date hereof, Purchaser has reviewed the existing information to which Purchaser had access, including title commitment materials, and has conducted a reasonable investigation of the Properties and the Purchased Interests and Purchased Entities (collectively, the “Due Diligence”).
Inspection and Due Diligence. FOR TRAINING ONLY
Inspection and Due Diligence. The Company shall have allowed the ---------------------------- Buyer and its representatives, at Buyer's expense, to visit and inspect the Company's properties, to examine its books of account and records and to discuss the Company's affairs, finances and accounts with its officers, all at such reasonable times as may be requested by Buyer. The results of the Buyer's ongoing due diligence investigation shall be satisfactory to Buyer in its sole discretion.
Inspection and Due Diligence. 2.5.1 If Seller has not previously delivered or made available to Buyer the 6 following, then not later than the date which is three (3) days after the Effective Date, Seller will deliver or make available to Buyer the following documents and records regarding the Property to the extent such are in Seller’s possession or control and which are not privileged as reasonably determined by Seller (collectively, the "Property Materials"). The Property Materials are being delivered or made available to Buyer to facilitate Buyer’s Physical Inspections and Other Investigations (as such terms are defined in Section 2.5.3 hereof), of the Property, and except as otherwise specifically provided in this Agreement, Seller makes no representations or warranties of any kind or nature whatsoever regarding the accuracy, completeness or thoroughness of such Property Materials: (a) The current Rent Roll of the Property, identifying the leased premises for each Lease, the term of each such Lease, recurring concessions, and the amount of any security deposit held by Seller pursuant to each such Lease; (b) A copy of the current Accounts Receivable Report for the Property indicating prepaid rent and delinquencies; (c) Copies of the Leases and contents of the tenant files for each current tenant; (d) Copies of the Property’s operating statements for the year 2013, 2014, 2015 and 2016 through the end of the month prior to the Effective Date, including, without limitation, the general ledger for the 12 full calendar months preceding the Effective Date (redacted to remove Seller's confidential information); (e) Copies of Loss Run Reports under Seller’s insurance for the two (2) years prior to the Effective Date; (f) Copies of bills for the two (2) year period prior to the Effective Date for water, electricity, natural gas, and any other utility charges (g) A copy of the most recent ALTA survey of the Real Property and Improvements in Seller’s possession; (h) A copy of all maintenance work orders for the two (2) year period prior to the Effective Date; (i) A copy of the Owner’s Policy of Title Insurance for the Real Property; (j) Copies of the real property tax bills for the current and past four (4) tax years; (k) Copies of all environmental, asbestos and lead paint reports regarding the Real Property (including, without limitation, a copy of the most recent Phase I report); (l) Copies of or a schedule describing all permits, licenses, and certificates of occupancy with respect to the...
Inspection and Due Diligence. (A) Developer acknowledges that while preparing to respond to the Request for Proposals and negotiating this Agreement, the Developer has had access to all platted right-of- ways and parcels acquired by the County within the Community Redevelopment Area and the opportunity to undertake such physical inspections and other investigations of, and inquiries concerning, all of the Community Redevelopment Area as may be necessary to allow Developer to evaluate the physical characteristics of the Redevelopment Property, as well as such other matters as may be deemed by Developer reasonably necessary to generally evaluate the Redevelopment Property and the Community Redevelopment Area and determine the feasibility and advisability of Developer’s purchase of the Redevelopment Property and redevelopment of the Community Redevelopment Area in a manner consistent with the Concept Plan. In addition to the foregoing opportunity, and from and after the Effective Date until the expiration of the Inspection Period, Developer shall have the right to undertake such additional inspections and investigations as are necessary to allow Developer to continue to evaluate the feasibility and advisability of Developer’s purchase of the Redevelopment Property.
Inspection and Due Diligence. (A) Seller agrees to provide Buyer with copies of any surveys of the Property in Seller’s possession. Buyer, at its own expense, may have any such surveys updated or may obtain new surveys. Seller grants to Buyer and persons designated by Buyer permission to enter upon each Property in order to make surveys, bores, soil bearing tests and other tests, provided that said surveys and tests shall be approved in advance by the applicable Seller and shall be so conducted as not to damage the Property. Buyer hereby agrees to indemnify, defend and hold Seller harmless from and against any and all damages, liens, injuries, actions, claims or costs, including reasonable attorneys fees, arising in any manner, directly or indirectly, from Buyer’s or its designees’ activities on or with respect to the Property, which indemnity shall survive the termination of this Agreement for six months. Buyer shall (i) keep all information, data and reports concerning or arising from any such tests confidential to the extent permitted by applicable law and shall not disclose or divulge the same to any third party (other than a lender making a mortgage loan to Buyer with respect to the Property and any other parties who have a need to know in connection with Buyer’s contemplated purchase of the Property) without Seller’s prior written consent, which Seller may withhold in their sole and absolute discretion, and (ii) provide copies of all such information, data and reports to Seller upon written request therefor from Seller.
