1. This contact is subject to and conditional upon the Buyer being satisfied with due diligence inquiries regarding the Property within [no.] days from the Contract Date (“the Due Diligence Date”).

  2. If the Buyer is not satisfied with its inquiries, the Buyer, may by notice in writing to the Seller given not later than 4pm on the Due Diligence Date terminate this Contract and receive a refund of the Deposit.

  3. If the Buyer fails to give notice that due diligence is satisfied or waived by 4pm on the Due Diligence Date then, at any time after that the Seller or the Buyer may terminate this Contract, and the Deposit will be refunded to the Buyer in that case.