Inspections and Due Diligence Clause Examples

Inspections and Due Diligence. 3.1.1. Within five (5) days from the Effective Date, Transferor shall deliver to Transferee, to the extent any such items are in Transferor’s possession or under Transferor’s control, the following due diligence items (the “Due Diligence Documents”): (a) copies of any environmental studies, reports or assessments of the Property prepared for Transferor during its period of ownership; and (b) copies of any leases affecting the Property. (c) any and all other documents and agreements in Transferor’s possession pertaining to ownership or development of the Real Property, including but not limited to development agreements, unrecorded covenants or license, utility extension agreements or any other documents related to title to or ownership of the Real Property.

Inspections and Due Diligence. On or prior to the Effective Date, Buyer shall have inspected and accepted each Vessel’s classification records.

Inspections and Due Diligence. Buyer’s approval (in its sole and unfettered discretion) of the physical condition of the Property and the Due Diligence Materials prior to the expiration of the Due Diligence Period.

Inspections and Due Diligence. BUYER may, within calendar days (thirty (30) days if left blank) 420 (the "Inspection and Due Diligence Period") after the Effective Date of this Contract, at BUYER’S expense, 421 have the Property inspected and may conduct due diligence with regulatory agencies, governmental agencies, 422 marketing firms, engineering firms and other authorities to determine the suitability of the Property for the intended 423 use by BUYER. BUYER acknowledges such inspections may not identify deficiencies in inaccessible 424 areas of the Property and may be limited by weather conditions at the time of the inspection 425 426 BUYER has the opportunity to become informed about environmental pollutants and the potential health risks of 427 environmental pollutants. The SELLER and Licensee assisting the SELLER and/or the BUYER does not claim or 428 possess any special expertise in the measurement or reduction of environmental pollutants, nor have they 429 provided any advice to BUYER as to acceptable levels. Any testing desired or required will be at BUYER’S 430 expense. 431 432 a. Access to Property, Re-Inspections, Damages and Repairs. SELLER will provide BUYER reasonable 433 access to the Property to conduct the inspections, re-inspections, inspection of any corrective measures 434 completed by SELLER and/or final walk through prior to the Closing Date. BUYER will be responsible and 435 pay for any damage to the Property resulting from the inspection(s). SELLER agrees any corrective 436 measures which XXXXXX performs pursuant to the following provisions will be completed in a workmanlike 437 manner with good-quality materials. 438 439 b. What If Buyer Does Not Conduct Inspections? If BUYER does not conduct inspections, BUYER will have 440 waived any right to cancel or renegotiate this Contract pursuant to the inspection provisions. 441

Inspections and Due Diligence. The Purchaser acknowledges and agrees that the Purchaser has had the right and opportunity to conduct inspections and related due diligence of the Property, and that in having such, the Purchaser agrees to accept the Property in AS-IS condition and without warranty in accordance with the terms of this Agreement.

Inspections and Due Diligence. Except as otherwise provided herein, Tenant acknowledges and agrees that prior to its execution of this Lease, it has had ample opportunity to inspect the Premises and to perform such due diligence as it deemed appropriate and necessary to satisfy it that the Premises and Project are suitable for its intended use. In connection with Tenant’s due diligence, Landlord and Tenant agree as follows:

Inspections and Due Diligence. The Buyer has inspected the Equipment and has accepted the Equipment following this inspection. The sale is outright and definite, subject only to the terms and conditions of this Agreement.

Inspections and Due Diligence. The Buyer has inspected and accepted the Vessels' classification records. The Buyer has also inspected the Vessels and has accepted the Vessels and the Equipment following this inspection. The sale is outright and definite, subject only to the terms and conditions of this Agreement.

Inspections and Due Diligence. Pursuant to the terms of this Agreement, the Buyer is granted a period of thirty (30) calendar days from the Effective Date (the "Due Diligence Period") to conduct, at the Buyer's expense, any and all inspections, tests, analyses, and investigations (collectively, the "Inspections") of the Property that the Buyer deems necessary or desirable. The Buyer shall have the right to enter the Property during normal business hours upon reasonable notice to the Seller for the purpose of conducting Inspections. All Inspections must be conducted in a manner that does not cause damage to the Property or unreasonably interfere with the Seller's use of the Property. Buyer shall maintain comprehensive general liability insurance with limits of at least $1,000,000 per occurrence and shall provide proof of such insurance to Seller prior to entering the Property. Buyer shall indemnify and hold Seller harmless from any claims, damages, or losses arising from Buyer's inspections. Upon completion of the Inspections, if the Buyer is not satisfied with the results of the Inspections for any reason, the Buyer may, at its sole discretion, terminate this Agreement by providing written notice to the Seller prior to the expiration of the Due Diligence Period. Upon such termination, neither party shall have any further obligations under this Agreement, except for those obligations that expressly survive termination. If the Buyer elects to proceed with the purchase after the Due Diligence Period, the Buyer shall notify the Seller in writing of its intention to proceed, and such notification shall be deemed a waiver of the Buyer's right to terminate the Agreement based on the results of the Inspections. The Buyer's failure to provide written notice of termination or to proceed before the expiration of the Due Diligence Period shall be deemed a waiver of the Buyer's right to terminate the Agreement based on the Inspections and an acceptance of the Property "as is," subject to the terms of this Agreement.