Due Diligence Period definition

Due Diligence Period has the meaning set forth in Section 4.1.

Due Diligence Period has the meaning set forth in Section 7.1.

Due Diligence Period means the period beginning upon the Effective Date and extending until 11:59 PM EDT on the date that is thirty (30) days thereafter or the date on which Seller receives written notice of Buyer’s waiver of the Due Diligence Period. Seller shall deliver to Buyer all of the Due Diligence Materials within five (5) business days after the Effective Date, and for each day that passes thereafter until all of the Due Diligence Materials are delivered to Buyer, the Due Diligence Period and the Closing Date shall be extended by one (1) business day.

Examples of Due Diligence Period in a sentence

• Seller and Purchaser agree that the Due Diligence Period has ended.

• Upon the expiration of the Due Diligence Period, Seller shall reasonably cooperate with Buyer in connection with Xxxxx’s application for Approvals, including executing any documents necessary therefor, but in no event shall Seller incur any liability in connection therewith.

• The parties expressly acknowledge and agree that Purchaser has the right, for any or no reason, at any time on or before the expiration of the Due Diligence Period to terminate this Agreement by written notice to Seller, and upon such termination, the Exxxxxx Money Deposit shall be returned to Purchaser whereupon there shall be no further rights, obligations or liabilities between the parties.

• During the Due Diligence Period, Buyer, at its sole cost and expense and subject to the terms and conditions of the Right of Entry and License Agreement between the Parties dated as of the date hereof (the “Entry Agreement”), a copy of which Entry Agreement is attached hereto as Exhibit D, may conduct environmental, engineering, architectural, surveying, and similar on-site investigation and testing desired by Buyer with respect to the Premises.

• Provided Buyer has not elected to terminate this Agreement, upon receipt of notice of Xxxxx’s Objections, the Seller may, in its sole discretion, extend the Due Diligence Period for so long as Seller deems necessary in order to understand and analyze Buyer’s Objections.

More Definitions of Due Diligence Period

Due Diligence Period shall have the meaning as set forth in Section 2.16.1.

Due Diligence Period means the period from the date hereof until 5:00 p.m. Los Angeles, California time on May 21, 2013. During the Due Diligence Period and thereafter through Closing, and with reasonable advance notice to Seller, Purchaser, its agents and representatives shall be entitled to enter onto the Real Property during reasonable business hours (subject to the rights of tenants in possession) to perform inspections and tests of the Property and the structural and mechanical systems within any Improvements and interview tenants with Seller having the right to be present during any such tenant interviews; provided, however, that in no event shall (i) such inspections or tests unreasonably disrupt or disturb the on-going operation of the Property or the rights of the tenants at the Property, or (ii) Purchaser or its agents or representatives drill or bore on or through the surface of the Property or perform any invasive testing without Seller’s prior written consent, which consent may be given or withheld in Seller’s sole and absolute discretion. After making such tests and inspections, Purchaser agrees to promptly restore the Property to its condition prior to such tests and inspections (which obligation shall survive the Closing or any termination of this Agreement). Prior to Purchaser entering the Property to conduct the inspections and tests described above, Purchaser shall obtain and maintain, and shall cause each of its contractors and agents to maintain, at Purchaser’s sole cost and expense, general liability insurance, in the amount of One Million Dollars ($1,000,000) combined single limit for personal injury and property damage per occurrence, such policies to name Seller and Seller’s property manager as additional insured parties, which insurance shall provide coverage against any claim for personal liability or property damage caused by Purchaser or its agents, employees or contractors in connection with any entering of the Property. If Purchaser terminates this Agreement (other than as a result of a default by Seller), then, upon request from Seller (and only if and to the extent so requested), Purchaser agrees to promptly deliver to Seller copies of all final third-party reports, studies and results of physical tests and investigations obtained or conducted on behalf of Purchaser with respect to the Property provided that all such reports shall be provided without any representations and warranties on the part of Purchaser of any kind regarding the accuracy ...

Due Diligence Period shall have the meaning set forth in Section 2.2(a).

Due Diligence Period shall have the meaning set forth in Section 6.1(a) hereof.

Due Diligence Period means a period beginning on the Effective Date of this Agreement and terminating forty-five (45) days after the Effective Date.

Due Diligence Period in the Agreements shall mean and refer to the Due Diligence Period as extended by this Amendment.

Due Diligence Period means the period beginning upon the Effective Date and extending until 11:59 PM ET on the date that is thirty (30) days thereafter or the earlier date on which Seller receives written notice of Buyer’s waiver of the Due Diligence Period.