Examples of Due Diligence Inspections in a sentence
Purchaser shall give Seller at least 48 hours prior written notice of its desire to enter upon the Property and shall coordinate such entry and Due Diligence Inspections with Seller so that the entry is at a mutually convenient time.
After all the foregoing requirements have been met, all required approvals have been obtained, and the Owner has paid all applicable application and permit fees, MOD will issue a permit for the proposedalteration to the Owner.
Upon completion of the Due Diligence Inspections, Purchaser, shall restore the Property to the condition in which it existed prior to the Due Diligence Inspections.
Another new strategy that will be explored more in future ASPIRE rounds will be the creation and use of a central frame for economic surveys.
Buyer shall promptly deliver copies of all of its final Due Diligence Inspections to Seller on or about the end of the Due Diligence Period, and Seller shall not be obligated to reimburse Buyer for any of the costs incurred in connection with the Due Diligence Inspections or the delivery to Seller thereof.
Purchaser shall conduct the Due Diligence Inspections in a manner which shall not interfere with Seller's business operations on the Property and notwithstanding anything to the contrary contained in this Agreement, Purchaser shall not be permitted entry into any vaults, safes, or other areas of the Buildings containing confidential or secure property of Seller.
Buyer shall be allowed twenty (20) days from the date of this Contract (the “Due Diligence Period”) to review the Property Information, review Seller’s title to the Property as provided in Article IV, perform the Due Diligence Inspections and satisfy its due diligence concerns.
Buyer’s Due Diligence Inspections may include non-invasive land surveys and environmental inspections and tests for the presence of hazardous materials (but Buyer will obtain Seller’s approval, which approval shall not be unreasonably withheld, if the inspection or test could interfere with operation of the Property or involve any boring or physical damage thereto) reasonably required by Buyer in connection with Buyer’s due diligence (the “Due Diligence Inspections”).
Buyer and its agents and consultants shall be permitted reasonable access to the Property to perform the Due Diligence Inspections and shall hold Seller harmless from any physical condition of the Property and from any claim, loss or liability caused by Buyer or such agent or consultant to the extent arising from said inspections; provided, such indemnification shall not include any pre-existing condition of the Property except to the extent exacerbated by such entry.
Buyer shall promptly repair any damage caused to the Property by Buyer’s Due Diligence Inspections.