Common use of Inspections and Studies Clause in Contracts

Inspections and Studies. By the end of the Due Diligence Period, Buyer must obtain and approve the results of any and all inspections, investigations, tests and studies as Buyer may have elected to make or obtain within the Due Diligence Period including, without limitation, soils testing; environmental and wetlands assessment; adequate ingress and egress; availability and use of utilities adequate for Buyer’s purposes; feasibility, including but not limited to, financial feasibility and of using and developing the Real Property for Buyer’s purposes; the management of storm water; review of Sellers’ documents described in Section 9.2 below; zoning and related development requirements; permitting; variances; development agreements; and all other approvals necessary and satisfactory to Buyer. Buyer must notify Seller in writing delivered to Seller prior to the expiration of the Due Diligence Period if it disapproves of any such results. Buyer will pay for all such inspections, tests and studies.

Inspections and Studies. By the end of the Due Diligence Period, Buyer must obtain and approve the results of any and all inspections, investigations, tests and studies as Buyer may have elected to make or obtain within the Due Diligence Period including, without limitation, soils testing; environmental and wetlands assessment; adequate ingress and egress; availability and use of utilities adequate for Buyer’s purposes; feasibility, including but not limited to, financial feasibility and of using and developing the Real Property for Buyer’s purposes; the management of storm water; review of Sellers’ documents described in Section 9.2 below; zoning and related development requirements; permitting; variances; development agreements; and all other approvals necessary and satisfactory to Buyer. Buyer Xxxxx must notify Seller in writing delivered to Seller prior to the expiration of the Due Diligence Period if it disapproves of any such results. Buyer will pay for all such inspections, tests and studies.