Inspection Objection Deadline Sample Clauses

Inspection Objection Deadline. Buyer shall have the right to have inspection(s) of the physical condition of the Property and Inclusions, at Buyer’s expense. If the physical condition of the Property or Inclusions is unsatisfactory in Buyer’s subjective discretion, Buyer shall, on or before Inspection Objection Deadline (§ 2c):
Sample 1Sample 2Sample 3See All (17)
AutoNDA by SimpleDocs
Inspection Objection Deadline. Unless otherwise provided in this Contract, Buyer acknowledges that Seller is 381 conveying the Property to Buyer in an “as is” condition, “where is” and “with all faults”. Seller shall disclose to Buyer, in writing, 382 any latent defects actually known by Seller. Buyer, acting in good faith, shall have the right to have inspections (by one or more 383 third parties, personally or both) of the Property and Inclusions (Inspection), at Buyer’s expense. If (1) the physical condition of 384 the Property, including, but not limited to, the roof, walls, structural integrity of the Property, the electrical, plumbing, HVAC and 385 other mechanical systems of the Property, (2) the physical condition of the Inclusions, (3) service to the Property (including 386 utilities and communication services), systems and components of the Property, e.g. heating and plumbing, (4) any proposed or 387 existing transportation project, road, street or highway, or (5) any other activity, odor or noise (whether on or off the Property) and 388 its effect or expected effect on the Property or its occupants is unsatisfactory, in Buyer’s sole subjective discretion, Buyer shall, on 389 or before Inspection Objection Deadline (§ 3):
Sample 1Sample 2See All (7)
Inspection Objection Deadline. Buyer shall have the right to have inspections of the physical 449 condition of both the Property and Inclusions, at Buyer’s expense. If (1) the physical condition of the 450 Property, (2) the physical condition of the Inclusions, (3) any proposed or existing transportation 000 xxxxxxx, xxxx, xxxxxx xx xxxxxxx, xx (4) any other activity, odor or noise (whether on or off the Property) 452 and its effect or expected effect on the Property or its occupants is unsatisfactory in Buyer’s subjective 453 discretion, Buyer shall, on or before Inspection Objection Deadline (§ 2.3):
Sample 1Sample 2
Inspection Objection Deadline. Buyer shall have the right to have inspection(s) of the physical condition of the Property and Inclusions, at Buyer's expense. If the physical condition of the Property or Inclusions is unsatisfactory in Buyer's subjective discretion, Buyer shall, on or before Inspection Objection Deadline (ss.2c): (1) notify Seller in writing that this contract is terminate, or (2) provide Seller with a written description of any unsatisfactory physical condition which Buyer requires Seller to correct (Notice to Correct. If written notice is not received by Seller on or before Resolution Deadline (ss.2c), the physical condition of the Property and Inclusions shall be deemed to be satisfactory to Buyer. b.
Sample 1Sample 2
Inspection Objection Deadline. Buyer shall have the right to have inspections of the 348 physical condition of the Property and Inclusions, at Xxxxx's expense. If the physical condition of the 349 Property or Inclusions is unsatisfactory in Buyer's subjective discretion, Buyer shall, on or before Inspection 350 Objection Deadline (§ 2c): 351 (1) notify Seller in writing that this contract is terminated, or 352 (2) provide Seller with a written description of any unsatisfactory physical condition 353 which Buyer requires Seller to correct (Notice to Correct). 354 If written notice is not received by Seller on or before Inspection Objection Deadline (§ 2c), the 355 physical condition of the Property and Inclusions shall be deemed to be satisfactory to Buyer.
Sample 1
Inspection Objection Deadline. Unless otherwise provided in this Contract, Buyer acknowledges that Seller is 361 conveying the Property to Buyer in an “as is” condition, “where is” and “with all faults”. Seller shall disclose to Buyer, in writing, 362 any latent defects actually known by Seller. Xxxxx, acting in good faith, shall have the right to have inspections (by one or more 363 third parties, personally or both) of the Property and Inclusions (Inspection), at Xxxxx’s expense. If (1) the physical condition of 364 the Property, including, but not limited to, the roof, walls, structural integrity of the Property, the electrical, plumbing, HVAC and 365 other mechanical systems of the Property, (2) the physical condition of the Inclusions, (3) service to the Property (including 366 utilities and communication services), systems and components of the Property, e.g. heating and plumbing, (4) any proposed or 367 existing transportation project, road, street or highway, or (5) any other activity, odor or noise (whether on or off the Property) and 368 its effect or expected effect on the Property or its occupants is unsatisfactory, in Buyer’s sole subjective discretion, Buyer shall, on 369 or before Inspection Objection Deadline (§ 3): 370 10.2.1. Notice to Terminate. Notify Seller in writing that this Contract is terminated; or 371 10.2.2. Inspection Objection. Deliver to Seller a written description of any unsatisfactory physical condition that 372 Buyer requires Seller to correct. 373 Buyer shall have the Right to Terminate under § 25.1, on or before Inspection Objection Deadline (§ 3), based on any 374 unsatisfactory physical condition of the Property or Inclusions, in Buyer’s sole subjective discretion. 375 10.3. Inspection Resolution Deadline. If an Inspection Objection is received by Seller, on or before Inspection 376 Objection Deadline (§ 3), and if Buyer and Seller have not agreed in writing to a settlement thereof on or before Inspection 377 Resolution Deadline (§ 3), this Contract shall terminate on Inspection Resolution Deadline (§ 3), unless Seller receives Buyer’s 378 written withdrawal of the Inspection Objection before such termination, i.e., on or before expiration of Inspection Resolution 379 Deadline (§ 3).
Sample 1
Inspection Objection Deadline. Buyer shall have the right to have inspections of the physical condition of 427 the Property and Inclusions, at Buyer’s expense. If the physical condition of the Property or Inclusions is unsatisfactory in 428 Buyer’s subjective discretion, Buyer shall, on or before Inspection Objection Deadline (§ 2c.3): 429 (1)10.2.1. notify Seller in writing that this Contract is terminated, or 430 (2)10.2.2. deliver to Seller a written description of any unsatisfactory physical condition which Buyer 431 requires Seller to correct (Notice to Correct). No. CBS1-10-068-07. CONTRACT TO BUY AND SELL REAL ESTATE (ALL TYPES OF PROPERTIES) Page 9 of 20 WITH CLOSING INSTRUCTIONS Initial 432 If written notice is not received by Seller on or before Inspection Objection Deadline (§ 2.3c), the physical 433 condition of the Property and Inclusions shall be deemed to be satisfactory to Buyer.
Sample 1
AutoNDA by SimpleDocs

Related to Inspection Objection Deadline

  • Election Deadline A Form of Election must be received by the Exchange Agent by the close of business on the third business day prior to the Effective Time (the “Election Deadline”) in order to be effective. All elections will be irrevocable.

  • Review Period The Asset Representations Reviewer will complete the Review of all of the Review Receivables within sixty (60) days after having received access to the Review Materials pursuant to Section 3.2(a). However, if additional Review Materials are provided to the Asset Representations Reviewer in respect of any Review Receivables pursuant to Section 3.2(b), the Review period will be extended for an additional thirty (30) days in respect of any such Review Receivables.

  • Inspection Period Buyer shall be under no obligation to purchase the Property or otherwise perform under this Agreement unless Buyer determines the Property to be, in all respects, suitable for its intended purposes. The decision as to whether the Property is suitable for its intended purposes shall be the sole decision of Buyer, determined in the absolute discretion of Buyer, with Buyer’s decision being final and binding upon both Parties. Buyer shall have until , 20 , at : ☐ AM ☐ PM to notify Seller of its termination of this Agreement due to Buyer's determination that the Property is unsuitable for its intended purpose ("Inspection Period"). In the event Buyer elects to terminate this Agreement, Buyer shall provide written notice of termination to Seller prior to the expiration of the Inspection Period. In the event Buyer provides said notice of termination, Seller and any Escrow Agent shall be obligated to return the Escrow Money to the Buyer as provided in Section V hereof, and neither party shall have any further rights or obligations under this Agreement. In the event Buyer does not submit written notice of termination prior to the expiration of the Inspection Period, the Buyer shall be deemed to be satisfied with its inspections of the Property and this contingency shall be deemed to be fulfilled. The Seller, at no expense, shall fully cooperate with Buyer in obtaining any and all approvals required from any Federal, State, or Local Government ("Governmental Approvals") necessary for Buyer to satisfy their needs during the Inspection Period for the suitability of the Property. Said Governmental Approvals shall be obtained during the Inspection Period unless the Parties agree otherwise. Any additional agreements related to this Section must be done in writing and attached to this Agreement.

  • Title Objections Seller shall request Escrow Agent to cause to be delivered to Buyer a preliminary title report (the "Preliminary Report") from a title company affiliated with the Escrow Agent (the "Title Company"), showing the status of Seller’s title to the Property, together with complete and legible copies of all documents shown therein as exceptions to title ("Exceptions"). Buyer shall have until the date that is five (5) days after the Title Company delivers the Preliminary Report and Exceptions to Buyer within which to give notice in writing to Seller of any objection to such title or to any liens or encumbrances affecting the Property. Within five (5) days after receipt of such notice from Buyer, Seller shall give Buyer written notice of whether it is willing and able to remove the objected-to Exceptions. Without the need for objection by Buyer, Seller shall, with respect to liens and encumbrances that can be satisfied and released by the payment of money, eliminate such exceptions to title on or before Closing. Within five (5) days after receipt of such notice from Seller (the "Title Contingency Date"), Buyer shall elect whether to: (i) purchase the Property subject to those objected-to Exceptions which Seller is not willing or able to remove; or (ii) terminate this Agreement. If Buyer fails to give Seller notice of Buyer’s election, then such inaction shall be deemed to be Buyer’s election to terminate this Agreement. On or before the Closing Date (defined below), Seller shall remove all Exceptions to which Buyer objects and which Seller agrees, or is deemed to have agreed, Seller is willing and able to remove. All remaining Exceptions set forth in the Preliminary Report and those Exceptions caused by or agreed to by Buyer shall be deemed "Permitted Exceptions."

  • Property Condition Report A property condition report from a firm of professional engineers or architects selected by Borrower and reasonably acceptable to Agent (the “Inspector”) satisfactory in form and content to the Agent, dated not more than ninety (90) days prior to the inclusion of such Real Estate in the Collateral, addressing such matters as the Agent may reasonably require.

  • Title Review Seller shall be obligated to clear any and all encumbrances of title of an ascertainable monetary amount (“Seller Liens”), which Seller’s Liens Seller shall cause to be satisfied and or released at or prior to Closing (with Seller having the right to apply the Purchase Price or a portion thereof for such purpose). Notwithstanding the foregoing, prior to the Due Diligence Date, Purchaser shall give notice (“Purchaser’s Title Notice”) to Seller of the existence of any encumbrances and defects in title to which Purchaser objects and that are not Permitted Encumbrances (“Title Objections”). Seller shall, within five (5) business days from receipt of Purchaser’s Title Notice, notify Purchaser of those Title Objections that Seller elects not to attempt to remove or correct, provided that failure of Seller to give said notice shall be deemed to mean that Seller shall remove or correct all of Purchaser’s Title Objections. In the event Seller elects to attempt to remove or correct Title Objections(s) and by the later of the Due Diligence Date or the date which is thirty (30) business days following Seller’s receipt of Purchaser’s Title Notice, Seller has not arranged for removal or correction of said Title Objections, then Purchaser shall either (i) terminate this Agreement in which event the Deposit shall be returned to Purchaser and the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof, or (ii) accept the condition of the title to the Property as it then is, without diminution of the Purchase Price. If Purchaser fails to elect (i) above, then Purchaser shall be deemed to have elected (ii) above. Encumbrances and defects to title that are not included in Purchaser’s Title Objections and those Title Objections that are accepted pursuant to this subsection shall be deemed to be Permitted Encumbrances. Notwithstanding anything herein to the contrary, Seller’s Liens shall not be deemed Permitted Encumbrances. Recording fees for recording documents to discharge Title Objections and Seller’s Liens shall be borne by Seller.

  • Post-Closing Audit (a) Promptly following the Closing Date, and in no event later than fifteen (15) days following the Closing Date, and at any time thereafter as ADK may request, Seller shall provide to ADK and its accounting advisors such financial information (the “Financial Information”) related to the business, assets and properties of the Seller purchased by Purchaser pursuant to this Agreement (the “Purchased Business”) as ADK may request in order to enable ADK to determine whether it is or would be required to include separate financial statements of the Purchased Business for any periods prior to Closing in the reports filed by ADK with the SEC under the Securities Exchange Act of 1934, as amended (the “1934 Act”), or in a registration statement filed by ADK with the SEC under the 1933 Act, in accordance with Regulation S X (“Regulation S-X”) promulgated by the SEC (the “Requirement Financial Statements”). Seller will provide to ADK reasonable access to the records of the Seller regarding the Purchased Business, and Seller’s accounting staff and firm(s) will be available to address any questions of ADK and ADK’s accounting advisors pertaining to the Financial Information or the Required Financial Statements.

  • Property Condition Seller agrees to maintain the Property in its current condition, subject to ordinary wear and tear, from the time this Agreement comes into effect until the Closing. Buyer recognizes that the Seller, along with any licensed real estate agent(s) involved in this transaction, make no claims as to the validity of any property disclosure information. Buyer is required to perform their own inspections, tests, and investigations to verify any information provided by the Seller. Afterward, the Buyer shall submit copies of all tests and reports to the Seller at no cost.

  • Title Defect (a) In the event Seller receives notice of any Survey Objection or Title Objection (collectively and individually a “Title Defect”) within the time periods required under Sections 6.1 and 6.2 above, Seller may elect (but shall not be obligated) to attempt to remove, or cause to be removed at its expense, any such Title Defect, and shall provide Purchaser with notice within five (5) days of its receipt of any such objection, of its intention to attempt to cure such any such Title Defect. If Seller elects to attempt to cure any Title Defect, the Scheduled Closing Date shall be extended for a period of twenty (20) days for the purpose of such removal. In the event that (i) Seller elects not to attempt to cure any such Title Defect, or (ii) Seller is unable to cure any such Title Defect within such twenty (20) days from the Scheduled Closing Date, Seller shall so notify Purchaser and Purchaser shall have the right to terminate this Agreement pursuant to this Section 6.3(a) and receive a refund of the Xxxxxxx Money Deposit, together with all interest which has accrued thereon, or to waive such Title Defect and proceed to the Closing. Purchaser shall make such election by written notice to Seller within three (3) days after receipt of Seller’s notice. If Seller has elected to cure a Title Defect and thereafter fails to timely cure such Title Defect, and Purchaser elects to terminate this Agreement, then (i) Seller shall reimburse Purchaser for its reasonable out-of-pocket costs and expenses payable to third parties in connection with this transaction incurred after the date on which Seller informed Purchaser of its election to cure the Title Defect, not to exceed the Reimbursement Cap, and (ii) Purchaser shall promptly return Purchaser’s Information to Seller, after which neither party shall have any further obligation to the other under this Agreement except for the Termination Surviving Obligations. If Purchaser elects to proceed to the Closing, any Title Defects waived by Purchaser shall be deemed to constitute Permitted Exceptions, and there shall be no reduction in the Purchase Price. If, within the three-day period, Purchaser fails to notify Seller of Purchaser’s election to terminate, then Purchaser shall be deemed to have waived the Title Defect and to have elected to proceed to the Closing.

  • Dispute Notice If there is a dispute between the parties, then either party may give a notice to the other succinctly setting out the details of the dispute and stating that it is a dispute notice given under this clause 17.1.

Time is Money Join Law Insider Premium to draft better contracts faster.