Due Diligence Package definition

Due Diligence Package shall have the meaning specified in Exhibit VII to this Agreement.

Due Diligence Package means, with respect to any Eligible Asset, (a) the items on the Due Diligence Checklist, in the case of each item, to the extent applicable, (b) the Requested Exceptions Report and (c) such other documents or information as Buyer or its counsel shall reasonably deem necessary.

Due Diligence Package has the meaning provided in Section 3.3. ---------------------

Examples of Due Diligence Package in a sentence

• Receiving Party has requested from Agent an information package (“Due Diligence Package”), and Agent is willing to provide Receiving Party with the requested Due Diligence Package for Receiving Party’s use, provided that Receiving Party executes and delivers this Agreement as a condition to the release of the Due Diligence Package to Receiving Party.

• We may, by delivering written notice to Franchisee or its Owners within 30 days after we receive both an exact copy of the offer and the Preliminary Due Diligence Package (the date on which we have received the exact copy of the offer and the Preliminary Due Diligence Package is called the "Trigger Date"), notify Franchisee of our non-binding preliminary intent to purchase or not to purchase the interest proposed to be sold.

• Receiving Party has requested from Broker an information package (“Due Diligence Package”), and Broker is willing to provide Receiving Party with the requested Due Diligence Package for Receiving Party’s use, provided that Receiving Party executes and delivers this Agreement as a condition to the release of the Due Diligence Package to Receiving Party.

• The Due Diligence Package contains documents, reports and other confidential and/or proprietary information in Seller's possession (collectively, the “Confidential Materials”) with respect to the property known as 00000 Xxxxxxxx Xxxxxx, Xxxxxxxx, XX (the “Property”).

• Following the conclusion of the auction, Seller and Buyer shall execute the Auction Purchase Agreement relating thereto, the form of which is included in the Due Diligence Package (the “Purchase Agreement”).

More Definitions of Due Diligence Package

Due Diligence Package means (i) the Collateral Tape, (ii) the items on the Eligible Loan Due Diligence Checklist, in each case to the extent applicable and (iii) such other documents or information as Buyer or its counsel shall reasonably deem necessary.

Due Diligence Package means, with respect to any Eligible Asset, (a) the items on the Due Diligence Checklist, in the case of each item, to the extent applicable, (b) the Requested Exceptions Report and (c) such other documents or information as Purchaser or its counsel shall reasonably deem necessary.

Due Diligence Package means with respect to each Mortgage Loan or Underlying Mortgage Loan to be pledged to the Lender hereunder (a) all materials in the possession or under the control of the Borrower, which materials shall include, without limitation, (i) the Borrower's analysis of the seller and the Subservicer, (ii) the results of the Borrower's underwriting and due diligence review of all documents related to such Mortgage Loan or Underlying Mortgage Loan, and (b) any certificates, remittance reports, Servicing Agreements, and purchase agreements governing such Mortgage Loans or Underlying Mortgage Loan.

Due Diligence Package means (i) the Loan Asset Summary Report, (ii) the items on the Eligible Loan Due Diligence Checklist, in each case to the extent applicable, and (iii) such other documents, certifications or information as Buyer or its counsel shall reasonably deem necessary.

Due Diligence Package. With respect to a Loan, collectively, (i) a complete and accurate internal credit write-up with respect to the related Borrower, (ii) a site inspection and valuation report with respect to the Mortgaged Property consistent with the Underwriting Guidelines, (iii) (x) if such Loan is a C&G Store Mortgage Loan, a copy of the schedule to the insured properties declaration of the Environmental Policy or letter from an Environmental Insurer evidencing that such Mortgage Loan is covered by the Environmental Policy and (y) in the case of each other Mortgage Loan, (I) (x) a copy of a Phase I environmental assessment conducted with respect to the related Mortgaged Property, that concluded that no further investigation of the related Mortgaged Property was necessary or (y) in those cases where the Phase I environmental assessment concluded that further investigation of such Mortgaged Property was necessary, copies of the Phase II environmental assessments conducted with respect to the related Mortgaged Property, evidencing that no remediation or other further action was required with respect to such Mortgaged Property or (II) a copy of the schedule to the insured properties declaration of the Environmental Policy or letter from an Environmental Insurer evidencing that such Mortgage Loan is covered by the Environmental Policy, (iv) a complete description of any modifications made to such Loan since the completion of funding contemplated under the applicable Loan Documents, without limitation, any information concerning any prior borrower with respect to any of the related Loan Collateral, (v) the Corporate Fixed Charge Coverage Ratio and the Unit-Level Fixed Charge Coverage Ratio, (vi) information concerning all pending or overtly threatened lawsuits and legal actions related to the Borrower and actually known by the Loan Originator which are reasonably expected to result in cumulative liabilities of $100,000 or more net of expected recoveries from insurance or other third party sources, together with an estimate by the Loan Originator as to the potential financial and operational magnitude of the related lawsuit and (vii) such other information as may be reasonably requested by the Majority Noteholders from time to time.

Due Diligence Package has the meaning given that term in Section 5.1(b)(i).

Due Diligence Package means, with respect to any Property added to the Unencumbered Asset Pool after the Closing Date, the due diligence and underwriting materials customarily prepared by or for Borrower (or its Subsidiaries) in connection with the acquisition of the Property, which due diligence and underwriting materials shall be in the same format as prior Due Diligence Packages previously delivered to Agent.