Common use of Inspection Rights and Easements Clause in Contracts

Inspection Rights and Easements. In addition to other inspection rights of Grantee, the Grantor shall and hereby does grant and convey to the Grantee, its agents, representatives, contractors, and employees, to be exercised by Grantee following an Event of Default hereunder or under any of the other Loan Documents, an easement and license to enter on the Property at any time upon 24 hours prior notice for the purpose of making such audits, tests, inspections, and examinations, including, without limitation, inspection of buildings and improvements, subsurface exploration and testing and groundwater testing (herein "INSPECTIONS"), as the Grantee, in its sole discretion, deems necessary, convenient, or proper to determine the condition and use of the Property, to make an inventory of the Property, and to determine whether the ownership, use and operation of the Property are in compliance with all federal, state, and local laws, ordinances, rules, and regulations, including, without limitation, environmental laws, health and public accommodation laws, and the ADA, as applicable, and ordinances, rules and regulations relating thereto. Notwithstanding the grant of the above easement and license to the Grantee, the Grantee shall have no obligation to perform any such Inspections, or to take any remedial action. All the costs and expenses incurred by the Grantee with respect to any Inspections which the Grantee may conduct or take pursuant to this Paragraph 1.18, including, without limitation, the fees of any engineers, laboratories, and contractors, shall be repaid by the Grantor, with interest, and shall be secured by this Deed to Secure Debt and the other Loan Documents.

Inspection Rights and Easements. In addition to other inspection rights of GranteeLender, the Grantor Mortgagor shall and hereby does grant and convey to the GranteeLender, its agents, representatives, contractors, and employees, to be exercised by Grantee Lender following an Event of Default hereunder or under any of the other Loan Documents, an easement and license to enter on the Mortgaged Property at any time upon 24 hours prior notice and from time to time for the purpose of making such audits, tests, inspections, and examinations, including, without limitation, inspection of buildings and improvements, subsurface exploration and testing and groundwater testing (herein "INSPECTIONS"“Inspections”), as the GranteeLender, in its sole discretion, deems necessary, convenient, or proper to determine the condition and use of the Mortgaged Property, to make an inventory of the Mortgaged Property, and to determine whether the ownership, use and operation of the Mortgaged Property are in compliance with all federal, state, and local laws, ordinances, rules, and regulations, including, without limitation, environmental laws, health and public accommodation laws, the ADA and the ADARehabilitation Act, as applicable, and ordinances, rules and regulations relating thereto. Notwithstanding the grant of the above easement and license to the GranteeLender, the Grantee Lender shall have no obligation to perform any such Inspections, or to take any remedial action. All the costs and expenses incurred by the Grantee Lender with respect to any Inspections which the Grantee Lender may conduct or take pursuant to this Paragraph 1.18, including, without limitation, the fees of any engineers, laboratories, and contractors, shall be repaid by the GrantorMortgagor, with interest, and shall be secured by this Deed to Secure Debt Mortgage and the other Loan Documents.

Inspection Rights and Easements. In addition to other inspection rights of Grantee, the Grantor shall and hereby does grant and convey to the Grantee, its agents, representatives, contractors, and employees, to be exercised by Grantee following an Event of Default hereunder or under any of the other Loan Documents, an easement and license to enter on the Property at any time upon 24 hours prior notice for the purpose of making such audits, tests, inspections, and examinations, including, without limitation, inspection of buildings and improvements, subsurface exploration and testing and groundwater testing (herein "INSPECTIONS"), as the Grantee, in its sole discretion, deems necessary, convenient, or proper to determine the condition and use of the Property, to make an inventory of the Property, and to determine whether the ownership, use and operation of the Property are in compliance with all federal, state, and local laws, ordinances, rules, and regulations, including, without limitation, environmental laws, health and public accommodation laws, the ADA and the ADARehabilitation Act, as applicable, and ordinances, rules and regulations relating thereto. Notwithstanding the grant of the above easement and license to the Grantee, the Grantee shall have no obligation to perform any such Inspections, or to take any remedial action. All the costs and expenses incurred by the Grantee with respect to any Inspections which the Grantee may conduct or take pursuant to this Paragraph 1.18, including, without limitation, the fees of any engineers, laboratories, and contractors, shall be repaid by the Grantor, with interest, and shall be secured by this Deed to Secure Debt and the other Loan Documents.

Inspection Rights and Easements. In addition to other inspection rights of GranteeLender, the Grantor Borrower shall and hereby does grant and convey to the GranteeLender, its agents, representatives, contractors, and employees, to be exercised by Grantee Lender following an Event of Default hereunder or under any of the other Loan Documents, an easement and license to enter on the Mortgaged Property at any time upon 24 hours prior notice and from time to time for the purpose of making such audits, tests, inspections, and examinations, including, without limitation, inspection of buildings and improvements, subsurface exploration and testing and groundwater testing (herein "INSPECTIONS"“Inspections”), as the GranteeLender, in its sole discretion, deems necessary, convenient, or proper to determine the condition and use of the Mortgaged Property, to make an inventory of the Mortgaged Property, and to determine whether the ownership, use and operation of the Mortgaged Property are in compliance with all federal, state, and local laws, ordinances, rules, and regulations, including, without limitation, environmental laws, health and public accommodation laws, the ADA and the ADARehabilitation Act, as applicable, and ordinances, rules and regulations relating thereto. Notwithstanding the grant of the above easement and license to the GranteeLender, the Grantee Lender shall have no obligation to perform any such Inspections, or to take any remedial action. All the costs and expenses incurred by the Grantee Lender with respect to any Inspections which the Grantee Lender may conduct or take pursuant to this Paragraph 1.18, including, without limitation, the fees of any engineers, laboratories, and contractors, shall be repaid by the GrantorBorrower, with interest, and shall be secured by this Deed to Secure Debt Mortgage and the other Loan Documents.