Common use of FIRST DUE DILIGENCE DOCUMENTS AND FIRST CONTINGENCY PERIOD Clause in Contracts

FIRST DUE DILIGENCE DOCUMENTS AND FIRST CONTINGENCY PERIOD. Buyer shall have until the end of the First Contingency Period to review the First Due Diligence Documents, to conduct all of its inspections, due diligence and review to satisfy itself regarding the Property and this transaction. The First Contingency Period shall be defined as the later of 1) the end of the business day on November 10, 2003, or 2) the end of the tenth (10th) business day after the delivery of all of the First Due Diligence Documents to be delivered by Seller. The First Due Diligence Documents are obtained at the Seller's expense unless specifically designated herein to be obtained by Buyer, and such documents to be of current or recent date and certified to Buyer. The First Due Diligence Documents are: (a) The Title Commitment and all back-up documentation; (b) Final As-Built ALTA boundary survey of the Property as described on Exhibit "B" attached hereto.

Appears in 1 contract

Sources: Purchase Agreement (Aei Net Lease Income & Growth Fund Xx Limited Partnership)

FIRST DUE DILIGENCE DOCUMENTS AND FIRST CONTINGENCY PERIOD. Buyer shall have until the end of the First Contingency Period to review the First Due Diligence Documents, to conduct all of its inspections, due diligence and review to satisfy itself regarding the Property and this transaction. The First Contingency Period shall be defined as the later of 1) the end of the business day on November 10December 1, 2003, or 2) the end of the tenth (10th) business day after the delivery of all of the First Due Diligence Documents to be delivered by Seller. The First Due Diligence Documents are obtained at the Seller's expense unless specifically designated herein to be obtained by Buyer, and such documents to be of current or recent date and certified to Buyer. The First Due Diligence Documents are: (a) The Title Commitment and all back-up documentation; (b) Final As-Built ALTA boundary survey of the Property as described on Exhibit "B" attached hereto.

Appears in 1 contract

Sources: Purchase Agreement (Aei Income & Growth Fund 25 LLC)

FIRST DUE DILIGENCE DOCUMENTS AND FIRST CONTINGENCY PERIOD. Buyer shall have until the end of the First Contingency Period to review the First Due Diligence Documents, to conduct all of its inspections, due diligence and review to satisfy itself regarding the Property and this transaction. The First Contingency Period shall be defined as the later of 1) the end of the business day on November 10, 2003, or 2) the end of the tenth (10th) business day after the delivery of all of the First Due Diligence Documents to be delivered by Seller. The First Due Diligence Documents are obtained at the Seller's expense unless specifically designated herein to be obtained by Buyer, and such documents to be of current or recent date and certified to Buyer. The First Due Diligence Documents are: (a) The Title Commitment and all back-up documentation; (b) Final As-Built ALTA TLTA boundary survey of the Property as described on Exhibit "B" attached hereto.

Appears in 1 contract

Sources: Purchase Agreement (Aei Real Estate Fund Xvii Limited Partnership)