Satisfactory Review Sample Clauses
A Satisfactory Review clause establishes that a party’s obligation to proceed with a contract or transaction is contingent upon their approval of certain documents, information, or conditions after review. In practice, this means that one party—often a buyer or investor—has the right to examine relevant materials, such as financial statements, property reports, or due diligence findings, and determine if they meet their standards or expectations. The core function of this clause is to protect the reviewing party by allowing them to withdraw or renegotiate if the review reveals issues, thereby reducing the risk of proceeding with unfavorable or undisclosed conditions.
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Satisfactory Review. No Notice has been properly issued or, if issued, not withdrawn, pursuant to Subsection 3.4.2.
Satisfactory Review. The Buyer, its accountants, attorneys and other representatives shall have been given a full opportunity to conduct the Environmental Audit and a due diligence review of the Business' assets, liabilities, books and records and to interview the Seller's management personnel, key customers and suppliers and the Buyer shall have been satisfied in all respects with the results of such Environmental Audit and review.
Satisfactory Review. Purchaser shall be satisfied, in its sole and absolute discretion, with its due diligence investigation of the Specified Business and the Specified Assets.
Satisfactory Review. Such documents and information as the Bank may reasonably request in performing its own due diligence review of the Borrower’s financial condition and operations, the results of which review must be in Proper Form.
Satisfactory Review. A complete and satisfactory review by Purchaser, at Purchaser's discretion, of the books, records, Business and affairs of Seller.
Satisfactory Review. Buyer and its accountants, legal counsel and other authorized representatives shall have been given reasonable and appropriate access to and been permitted to review the assets, books and records and to interview the management of the Sellers and such other information as shall have been reasonably requested by Buyer, in order that Buyer may have the opportunity to make such investigation as it shall desire to make of the affairs and the assets of the Fitness Business, and Buyer shall be satisfied with the results thereof.
Satisfactory Review. The obligations of the Banks to make the Loans or the Issuing Bank to issue the Letters of Credit constituting the initial borrowing are further subject to the condition precedent that the Agent and the Banks shall have, in the sole discretion of the Banks, the Agent, and their counsel, completed a satisfactory review of each of the following:
(a) the status of any litigation affecting any of the Borrowers or their Affiliates;
(b) the insurance program of the Borrowers;
(c) all necessary (in the opinion of the Borrowers, the Agent or their counsel) governmental and third party approvals;
(d) all material leases, supply contracts, employment agreements and other material contracts of the Borrowers and their domestic Affiliates; and
(e) any other information or documentation as the Agent or the Banks may, in their sole discretion, consider material to their interests under this Agreement.