Common use of The Study Period Clause in Contracts

The Study Period. As to any particular Premises, Buyer shall have until the later of 5:00 p.m. MST on (i) the thirtieth (30th) day after the Opening of Escrow; (ii) thirty (30) days from Buyer's receipt of all deliveries of Seller's Diligence Materials (as hereinafter defined) related to such Premises; (iii) that day which is ten (10) days after receipt of the Report and legible copies of all documents identified in Part Two of Schedule B of the Report; or (iv) that day which is ten (10) days from Buyer's receipt of the Survey (as hereinafter defined) (the "Study Period"), at Buyer's sole cost, within which to conduct and approve any investigations, studies or tests deemed necessary by Buyer, in Buyer's sole discretion, to determine the feasibility of acquiring each of the Premises, including, without limitation, Buyer's right to: (x) review and approve each Survey, each Lease, Seller's operating statements with respect to each of the Premises, and the Contracts; (y) meet and confer with Tenant; and, (z) obtain, review and approve an environmental study of each of the Premises (collectively, "Buyer's Diligence").

Appears in 1 contract

Samples: Master Purchase Agreement and Escrow Instructions (Cole Credit Property Trust II Inc)

AutoNDA by SimpleDocs

The Study Period. As to any particular PremisesProperty, Buyer shall have until 11:59 p.m. MST on the later of 5:00 p.m. MST on (i) the thirtieth (30th) day after the Opening of Escrow; Effective Date, (ii) thirty the thirtieth (3030th) days from day after Buyer's ’s receipt of all deliveries of Seller's ’s Diligence Materials (as hereinafter defined) related to such Premises; ), (iii) that the tenth (10th) day which is ten (10) days after Buyer’s receipt of the Report and legible copies of all documents identified in Part Two of Schedule B of the Report; Surveys (as hereinafter defined), or (iv) that the thirtieth (30th) day which is ten (10) days from Buyer's after Buyer receipt of the Survey (as hereinafter defined) fully executed Lease Amendments (the "Study Period"), at Buyer's ’s sole cost, within which to conduct and approve any investigations, studies or tests deemed necessary by Buyer, in Buyer's ’s sole discretion, to determine the feasibility of acquiring each of the PremisesProperties, including, without limitation, Buyer's ’s right to: (xi) review and approve each Survey, each Lease, Seller's ’s operating statements with respect to each of the PremisesProperty, and the Contracts; (yii) meet and confer with Tenant; and, (ziii) obtain, review and approve an environmental study of each of the Premises Property (collectively, "Buyer's ’s Diligence"). Seller acknowledges and agrees that Buyer shall have the right to terminate this Agreement at any time from and after the Effective Date and until the expiration of the Study Period in Buyer’s sole discretion.

Appears in 1 contract

Samples: Master Purchase Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.)

The Study Period. As to any particular Premises, Buyer shall have until 11:59 p.m. MST on the later of 5:00 p.m. MST on (i) the thirtieth (30th) day after the Opening of Escrow; , (ii) thirty the thirtieth (3030th) days from day after Buyer's ’s receipt of all deliveries of Seller's ’s Diligence Materials (as hereinafter defined) related to such Premises; ), or (iii) that the tenth (10th) day which is ten (10) days after Buyer’s receipt of the Report and legible copies of all documents identified in Part Two of Schedule B of the Report; or (iv) that day which is ten (10) days from Buyer's receipt of the Survey Surveys (as hereinafter defined) but, as to this subpart (iii), no more than forty (40) days after the Opening of Escrow (the "Study Period"), at Buyer's ’s sole cost, within which to conduct and approve any investigations, studies or tests deemed necessary by Buyer, in Buyer's ’s sole discretion, to determine the feasibility of acquiring each of the PremisesProperties, including, without limitation, Buyer's ’s right to: (xi) review and approve each Survey, each Lease, Seller's ’s operating statements with respect to each of the PremisesProperty, and the Contracts; (yii) meet and confer with Tenant; and, (ziii) obtain, review and approve an environmental study of each of the Premises Property (collectively, "Buyer's ’s Diligence").

Appears in 1 contract

Samples: Master Purchase Agreement (Cole Credit Property Trust Iv, Inc.)

AutoNDA by SimpleDocs

The Study Period. As to any particular Premises, Buyer shall have until the later of 5:00 p.m. MST on (i) the thirtieth (30th) day after the Opening of Escrow; , (ii) thirty (30) days from Buyer's receipt of all deliveries of Seller's Diligence Materials (as hereinafter defined) related to such Premises; ), (iii) that day which is ten (10) days after from Buyer's receipt of the Report and legible copies of all documents identified in Part Two of Schedule B of the Report; , or (iv) that day which is ten (10) days from Buyer's receipt of the Survey (as hereinafter defined) (the "Study Period"), at Buyer's sole cost, within which to conduct and approve any investigations, studies or tests deemed necessary by Buyer, in Buyer's sole discretion, to determine the feasibility of acquiring each of the PremisesProperty, including, without limitation, Buyer's right to: (xi) review and approve each the Survey, each the Lease, Seller's operating statements with respect to each of the PremisesProperty, and the Contracts; (yii) subject to advance notice to Seller and Tenant, meet and confer with Tenant; and, (ziii) obtain, review and approve an environmental study of each of the Premises Real Property and Building (collectively, "Buyer's Diligence").

Appears in 1 contract

Samples: Purchase Agreement (Cole Credit Property Trust II Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.