Examples of Due Diligence Expiration Date in a sentence
The closing of the transaction contemplated by this Agreement (the "Closing") shall be held on or before December 12, 1997, but in any event no later than fifteen (15) days next following the Due Diligence Expiration Date, at the offices of Brandywine Realty Trust, Plaza 1000 at Xxxx Xxxxxx, Xxxxx 000, Xxxxxxxx, Xxx Xxxxxx, commencing at 10:00 a.m., time being of the essence.
Buyer shall have notified Seller of Buyer's satisfaction with the inspection performed under Section 11 of this Agreement, or shall fail to notify Seller on or before the Due Diligence Expiration Date, of Buyer's dissatisfaction with the results of such review.
If Acquiror shall fail to deliver any written notice to Seller contemplated by this Section 2.10 with respect to any Real Property Asset on or before the Due Diligence Expiration Date, Acquiror shall be deemed to have waived its right to request a New Title Policy or New Survey with respect to such Real Property Asset.
The foregoing condition shall survive the Due Diligence Expiration Date.
In the event that the Buyer wishes access beyond the Due Diligence Limitations prior to the Due Diligence Expiration Date, the waiver of the due diligence contingency herein, or the Buyer’s waiver of right not to cancel the transaction under the loan contingency, then the Company and Buyer will negotiate in good faith an appropriate restrictive covenant agreement containing standard non-disclosure, non-solicitation and non-compete provisions (“Due Diligence RC”).