Inspections definition
Examples of Inspections in a sentence
Buyer shall: (a) be responsible for remedying any damage caused by Buyer in order to restore the Property to substantially the same condition as existed prior to such Inspections and (b) indemnify, defend and hold Seller harmless from any and all claims, liabilities, costs or expenses (“Claims”) arising out of such Inspections of and entries onto the Property, including personal injury and property damage to the extent caused by Buyer, its agents, employees and consultants.
Buyer agrees that its Inspections shall be conducted so as to cause a minimum of disturbance to the Property and Seller’s and Tenant’s operations on and use of the Property, and that in the event of any physical disturbance of the Property caused by such Inspections, Buyer shall promptly restore the Property to substantially the same condition as its pre-inspection condition at Buyer’s expense.
During the Due Diligence Period, Buyer may conduct the Inspections during normal business hours (or otherwise with a minimum of 24 hours’ advance written notice to Seller), and Seller shall provide members of Buyer’s Due Diligence Team with access to the Property in connection therewith.
Without limiting the foregoing, the Parties acknowledge that Inspections for the following Acquired Aircraft were commenced prior to the date hereof and are deemed to have been requested hereunder: [***].
All Inspections shall be coordinated through Seller and conducted in compliance with all terms and conditions of the Lease pertaining to any entry or access onto the Property by the landlord under the Lease and/or pertaining to any inspections of or on the Property conducted by or on behalf of the landlord under the Lease.