Common use of Document Inspection Clause in Contracts

Document Inspection. Seller shall make available (and copy if requested) all of the following to Purchaser within five (5) days after the Effective Date to the extent that such items are in the possession, custody or control of Seller: (a) copies of any environmental, physical condition, ADA and other reports relating to the Property in Seller's possession; (b) a list and complete copies of all Operating Agreements, including any amendments and other documents pertaining hereto; (c) plans, permits, specifications and certificates of occupancy for the Real Property; (d) all other reports, surveys, or other information (including, without limitation, any notices with respect to the Property received from any governmental agency) in Seller's possession relating to the Property; (e) the last 12 months utility bills and other operating expenses for the Real Property; (f) existing insurance policies for the Property; (g) existing leases, licenses, permits and certificates pertaining to the Property; and (h) such other operating files maintained by Seller in connection with the maintenance or management of the Property, including, without limitation, insurance policies, bills, invoices, receipts and other general records relating to the income and expense of the Property, but excluding materials not directly relating to the maintenance and/or management of the Property, such as, without limitation, Seller's internal memoranda, financial projections, budgets, appraisals, accounting and tax records, correspondence and documents to and from prospective purchasers and brokers, and similar proprietary or confidential information.