Inspection and Due Diligence Period Sample Clauses

Inspection and Due Diligence Period. (a) During the period (the "Inspection Period") commencing with the Effective Date and expiring at 5:00 p.m. (Eastern Daylight Time) on the date which is forty-five (45) days from and after the Effective Date, provided Purchaser is not in default hereunder, Purchaser and Purchaser's Representatives shall, upon reasonable prior notice to Seller and subject to the rights of parties in possession, have full access during reasonable business hours to examine and inspect the Premises. Provided Purchaser is not in default hereunder, Purchaser and/or Purchaser's Representatives may make surveys, perform soil tests, environmental audits, engineering tests, and other investigations and tests as Purchaser in its reasonable discretion deems advisable (collectively, the "Inspection") and Seller grants to Purchaser and Purchaser's Representatives a non-exclusive license for such Inspection, subject to the terms and conditions set forth herein. Notwithstanding the foregoing, Purchaser shall not cause or permit any borings, drillings or samplings to be done or conducted on the Premises without the prior consent of Seller (such consent to be obtained from ▇▇▇▇ ▇▇▇▇▇▇▇). Seller and its agents, employees or designated representatives shall have the right to accompany Purchaser and Purchaser's Representatives during any inspections, testing or other activity performed at the Premises in accordance with the terms and conditions of this Section 5. Neither Purchaser nor any of the Purchaser's Representatives shall interview, communicate with or otherwise contact any tenant or other occupant of the Premises prior to the Closing without notifying Seller no less than two (2) Business Days prior to such requested contact date and giving Seller or its agents, employees or designated representatives the opportunity to accompany Purchaser or Purchaser's Representative in each such instance. (b) Seller acknowledges that part of the Inspection will include an examination and audit by Purchaser or Purchaser's accountants of the financial and operating statements of the Premises. Purchaser and its accountants shall be given access to such financial and operating statements for the purpose of conducting such examination and audit upon reasonable prior notice and during reasonable business hours at any time prior to and for six (6) months following the Closing Date. Seller agrees to execute or cause its accountant to execute and deliver to Purchaser or its accountants, if requested, an Audi...