Purchaser's Inspection. Purchaser shall have a period of sixty-five (65) calendar days from the Effective Date, which period may be extended in accordance with Sections 3.03, 6.01(j) and 6.02(b) hereof (the "Inspection Period"), during which to obtain suitable financing and conduct such feasibility studies, including Phase I environmental studies, as Purchasers deem appropriate in an effort to determine whether or not to proceed with the Closing of the Transactions contemplated by this Agreement. Purchasers shall indemnify and hold Seller harmless from and against any and all claims, liabilities, and damages arising as a direct result of Purchasers' presence on the Real Property or the conduct of such studies and the foregoing indemnity shall expressly survive the closing or earlier termination of this Agreement. In the event Purchasers determine in their sole and absolute discretion that they do not wish to proceed with Closing, Purchasers may terminate this Agreement pursuant to Section 10.11(a) by giving written notice thereof to Seller on or prior to the expiration of the Inspection Period, in which event this Agreement shall automatically terminate, and the Earnest Money (less $100) shall be returned to Parent Purchaser in accordaxxx xxxh Section 2.07(b). If Purchasers terminate this Agreement prior to the expiration of the Inspection Period, Purchasers shall have no liability under this Agreement as a result of such termination except as herein provided. Purchasers agree that, having had the opportunity to inspect the Assets for defects and having had the right to terminate this Agreement in the event any defects are found, Purchasers will accept at Closing the Assets in an "as is, where is" condition, and Purchasers acknowledge that, other than as may be expressly set out herein, Seller is not making any representations or warranties with respect to the physical condition of the Assets.
Purchaser's Inspection. AND REVIEW OF THE PROPERTY -------------------------------------------------
Purchaser's Inspection. A. During the term of this Agreement, upon reasonable prior notice to Seller and subject to the provisions herein, Purchaser shall have the right to diligently and thoroughly inspect the Property, and to hire such experts as Purchaser may deem necessary to thoroughly evaluate and analyze the Property and Property Conditions, including contractors, engineers, soils analysts, pest control specialists and the like, all at Purchaser’s expense so long as such activities do not unreasonably interfere with Seller’s or any tenant’s use of the Property.
Purchaser's Inspection. Sellers by their agent, Xxxx. X. Xxxxxxx & Sons, Inc., and Purchaser are parties to a certain Real Estate Access and Inspection Agreement dated March 4, 2022 (the "Access Agreement"). Subject to this Section 3, the terms and conditions of the Access Agreement are incorporated herein and are binding on Purchaser and Sellers as if Sellers had executed the Access Agreement on their own behalf (rather than through their agent). Sellers hereby ratify the Access Agreement. Notwithstanding anything in the Access Agreement to the contrary, Sellers and Purchaser hereby agree that: (i) although this Agreement constitutes a Definitive Agreement (as that term is defined in the Access Agreement), this Agreement does not supersede the Access Agreement, but instead incorporates the terms and conditions of the Access Agreement herein; (ii) Sellers hereby waive their right to terminate the Access Agreement (including, without limitation, pursuant to Section 4 thereof) unless this Agreement is terminated as provided herein; and (iii) Purchaser and its Representatives (as defined in Section 1 of the Access Agreement) shall have the rights granted to Purchaser and its Representatives pursuant to the Access Agreement (including, without limitation, the right to access the Properties pursuant to Section 1 of the Access Agreement) through Closing or any termination of this Agreement.
Purchaser's Inspection. At Purchaser's expense, Purchaser may have the Property and all elements and systems inspected by one or more professionals of Purchaser's choice. Purchaser shall specifically identify in this Agreement any desired inspections which may include testing or removal of any portion of the Property due to the possible presence of any environmentally hazardous substance or condition. If an inspection shows a material defective condition in the Property, Purchaser may terminate the transaction by delivery to Seller of a written notice of Purchaser's disapproval of the inspection report by the date stated in Section 3.3. Purchaser understands that if Purchaser does not disapprove of an inspection report in writing within the time provided, that constitutes acceptance of the condition of the Property.
Purchaser's Inspection. Purchaser shall be under no obligation to unpack or inspect the merchandise before resale thereof. Vendor shall be responsible for the consequences of negligent manufacture and packaging and for the consequences of negligent handling prior to the point where Purchaser assumes ownership.
Purchaser's Inspection. PURCHASER DECLARES THAT HE IS BUYING THE REAL ESTATE UPON HIS OWN EXAMINATION AND JUDGMENT AND NOT BY REASON OF ANY REPRESENTATION MADE TO PURCHASER BY SELLER, OR AGENT FOR SELLER, AS TO ITS CONDITION, SIZE, LOCATION, VALUE, FUTURE VALUE OR INCOME THEREFROM. PURCHASER FURTHER ACCEPTS PROPERTY IN “AS IS” CONDITION INCLUDING, BUT NOT LIMITED TO, ROOF, PLUMBING, ELECTRICAL, AND ALL MECHANICAL EQUIPMENT. AGENT DOES NOT WARRANT THE SQUARE FOOTAGE OF ANY PROPERTY BEING
Purchaser's Inspection. Purchaser shall have fifteen (15) days (the "Inspection Period") from the Date of this Contract to inspect the Property Information and the Property, including tenant spaces under the Leases, and to conduct environmental, engineering and economic feasibility studies of the Property. If Purchaser is not satisfied with the Property or any of the Property Information or the feasibility studies for any reason, in Purchaser's sole and absolute discretion, then Purchaser shall have the right to terminate this Contract. If Purchaser fails to deliver notice to Seller on or before the expiration of the Inspection Period that Purchaser has disapproved the Property and Property Information, then Purchaser shall be deemed to have waived its right to terminate pursuant to this Section.
Purchaser's Inspection. Following the Acceptance Date and prior to the Due Diligence Date, the Purchaser and its employees, contractors and agents may, upon two (2) days' written notice to the Vendor, enter upon the Property during normal business hours for the purpose of carrying out survey work, soil tests, engineering tests and any other work or inspection as the Purchaser may consider necessary, including, without limitation, a Phase I and/or Phase ll Environmental Site Assessment, provided however that the Purchaser shall:
Purchaser's Inspection. Purchaser shall have sixty (60) days (the "Inspection Period") from the date of this Contract to inspect the Property, and to conduct engineering and economic feasibility studies of the Property. If the Purchaser is satisfied with the Property and Property Information and the feasibility studies, Purchaser shall notify Seller in writing that the Property is satisfactory to Purchaser. If Purchaser is not satisfied with any of such matters for any reason, in Purchaser's sole and absolute discretion, then Purchaser shall have the right to terminate this Contract on or before the date of expiration of the Inspection Period. If Purchaser fails to deliver written notice to Seller on or before expiration of the Inspection Period of approval or disapproval of the Property, then this Contract shall terminate as of the expiration date of the Inspection Period and any Earnest Money that may have been previously deposited with the Title Xxxxxxx shall immediately be refunded to Purchaser and neither party shall have any further liability or obligation under this Contract.
