Common use of FEASIBILITY STUDY AND INSPECTION Clause in Contracts

FEASIBILITY STUDY AND INSPECTION. (a) Within sixty (60) days after the Effective Date hereof (the “Inspection Period”), Buyer, at its expense, may complete or cause to be completed inspections of the Property (including any improvements, if any) by inspectors of Buyer's choice. Inspections may include but are not limited to: (1) physical property inspection; (2) economic feasibility study; and, (3) any type of environmental assessment or engineering study including the performance of (b) Within ten (10) days after the Effective Date, ▇▇▇▇▇▇ agrees to provide to Buyer copies of all engineered drawings, maps, reports (environmental, wetlands, geotechnical, and other surveys necessary to complete Buyer's feasibility study) under Seller's control with respect to the Property without any representations as to the truth or accuracy of same. If Buyer terminates this Agreement pursuant to this Section, ▇▇▇▇▇ agrees to provide to Seller copies of all reports of inspections, studies, or assessments completed or caused to be completed by Buyer under this Section to Seller. However, ▇▇▇▇▇ and Seller agree that Seller's agreement to provide Buyer with copies of the reports referred to above shall not relieve Buyer of the obligation to conduct its own due diligence concerning the purchase of the Property, and Buyer will not be entitled to rely on information contained in documents provided by Seller pursuant to this Section but shall conduct its own investigation of the matters referred to in such documents.

FEASIBILITY STUDY AND INSPECTION. (a) Within sixty (60) days after the Effective Date hereof (the “Inspection Period”), Buyer, at its expense, may complete or cause to be completed inspections of the Property (including any improvements, if any) by inspectors of Buyer's choice. Inspections may include but are not limited to: (1) physical property inspection; (2) economic feasibility study; and, (3) any type of environmental assessment or engineering study including the performance of (b) Within ten (10) days after the Effective Date, ▇▇▇▇▇▇ Seller agrees to provide to Buyer copies of all engineered drawings, maps, reports (environmental, wetlands, geotechnical, and other surveys necessary to complete Buyer's feasibility study) under Seller's control with respect to the Property without any representations as to the truth or accuracy of same. If Buyer terminates this Agreement pursuant to this Section, ▇▇▇▇▇ Buyer agrees to provide to Seller copies of all reports of inspections, studies, or assessments completed or caused to be completed by Buyer under this Section to Seller. However, ▇▇▇▇▇ Buyer and Seller agree that Seller's agreement to provide Buyer with copies of the reports referred to above shall not relieve Buyer of the obligation to conduct its own due diligence concerning the purchase of the Property, and Buyer will not be entitled to rely on information contained in documents provided by Seller pursuant to this Section but shall conduct its own investigation of the matters referred to in such documents.