Common use of Inspection Right Clause in Contracts

Inspection Right. Buyer and its agents, employees, representatives and independent contractors may enter upon the Property for the purpose of making such surveys, soil tests, borings, percolation tests, inspections, examinations, and studies (collectively, “Inspections”) as are reasonably necessary to evaluate and study the Property as contemplated herein. Seller agrees that Bxxxx shall have until the Closing Date in which to conduct all such Inspections, but that Bxxxx’s right to terminate this Agreement based thereon shall be limited as provided in Section 7.3 and Section 7.4 below.

Appears in 2 contracts

Samples: Agreement for Purchase and Sale (Plumas Bancorp), Agreement for Purchase and Sale (Plumas Bancorp)

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Inspection Right. Buyer and its agents, employees, representatives and independent contractors may enter upon the Property for the purpose of making such surveys, soil tests, borings, percolation tests, inspections, examinations, and studies (collectively, “Inspections”) as are reasonably necessary to evaluate and study the Property as contemplated herein. Seller agrees that Bxxxx Xxxxx shall have until the Closing Date in which to conduct all such Inspections, but that BxxxxXxxxx’s right to terminate this Agreement based thereon shall be limited as provided in Section 7.3 and Section 7.4 below.

Appears in 2 contracts

Samples: Agreement for Purchase (First Northwest Bancorp), Agreement (Finward Bancorp)

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