Common use of Suitability of the Property Clause in Contracts

Suitability of the Property. Prior to Closing, Developer shall have the right to engage, at its sole cost and expense, its own environmental consultant (“Developer’s Environmental Consultant”), to make such investigations as Developer deems necessary, including without limitation any “Phase 1” and “Phase 2” (if applicable) investigations of the Property or any portion thereof, in accordance with the Right of Entry, and the County shall promptly be provided a copy of all reports and test results provided by Developer’s Environmental Consultant (the “Environmental Reports”). Developer shall execute the Due Diligence Certificate upon Developer’s completion of such investigations, signifying its completion of due diligence with respect to the environmental condition of the Property.

Suitability of the Property. Prior to Closing, Developer shall have the right to engage, at its sole cost and expense, its own environmental consultant (“Developer’s Environmental Consultant”), to make such investigations as Developer deems necessary, including without limitation any “Phase 1” and “Phase 2” (if applicable) investigations of the Property or any portion thereof, in accordance with the Right of Entry, and the County shall promptly be provided a copy of all reports and test results provided by Developer’s Environmental Consultant (the “Environmental Reports”). Developer shall execute the Due Diligence Certificate upon Developer’s completion of such investigations, signifying its completion of due diligence with respect to the environmental condition of the Property.