Common use of Access to the Project Clause in Contracts

Access to the Project. All roads, streets, traffic turn lanes, and access ways necessary for the full utilization of the Project for its intended purpose have either been completed or the necessary rights of way have either been acquired by the appropriate governmental authority or have been dedicated to public use and accepted by the appropriate governmental authority, and all necessary steps have been taken by Borrower and the appropriate governmental authority to assure the complete construction and installation thereof by the time needed for construction and/or occupancy and operation of the Project.

Appears in 3 contracts

Samples: Loan Agreement (United Homes Inc), Loan Agreement (United Homes Inc), Loan Agreement (United Homes Inc)

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Access to the Project. All roads, streets, traffic turn lanes, and access ways necessary for the full utilization of the Project for its intended purpose have either been bonded around or completed or the necessary rights of way have either been acquired by the appropriate governmental authority or have been dedicated to public use and accepted by the appropriate governmental authority, and all necessary steps have been taken by Borrower the Project Owner and the appropriate governmental authority to assure the complete construction and installation thereof by the time needed for construction and/or occupancy and operation of the Project.

Appears in 3 contracts

Samples: Loan Agreement (Bluegreen Corp), Loan Agreement (Bluegreen Corp), Loan Agreement (Bluegreen Corp)

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Access to the Project. All roads, streets, traffic turn lanes, and access ways necessary for the full utilization of the Project for its intended purpose have either been completed or the necessary rights of way have either been acquired by the appropriate governmental authority or have been dedicated to public use and accepted by the appropriate governmental authority. The Project is either contiguous to, and all or otherwise has access via a permanent, recorded easement, to any public streets or roads necessary to provide access to the Project. All necessary steps have been taken by Borrower and the appropriate governmental authority to assure the complete construction and installation thereof by the time needed for construction of the Development Work and/or occupancy and operation of the Project.

Appears in 1 contract

Samples: Loan Agreement (William Lyon Homes)

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