Aluminum Wiring Sample Clauses

Aluminum Wiring. Without limiting any other provisions of this Section 6.09, Borrower’s obligations set forth in Section 6.09(a), 6.09(c) and Section 6.09(e) will also include all of the following: (i) Borrower will inspect aluminum wiring at the Mortgaged Property for potential failures. (ii) Borrower will promptly have an experienced licensed electrician either replace all aluminum wiring with copper wiring, or install industry standard aluminum conductor compatible connection devices approved by the Consumer Safety Products Commission (“Industry Standard Connection Devices”) on all aluminum branch circuit wiring terminations, if, following consultation with an experienced licensed electrical engineer who is acceptable to Funding Lender, such replacement or installation is deemed prudent to prevent damage to the Mortgaged Property. (iii) Borrower will promptly have an experienced licensed electrician either replace all aluminum wiring with copper wiring or install Industry Standard Connection Devices on all aluminum branch circuit wiring terminations (A) at the direction of any Governmental Authority, to comply with any applicable law or ordinance, or (B) upon the occurrence of any failure of aluminum wiring. (iv) Borrower will promptly repair, restore, or replace any of the Mortgaged Property damaged by any failure of any aluminum wiring. B. Section 6.09(e)(vi) is deleted and replaced with the following:
Sample 1
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Aluminum Wiring. If the Mortgaged Property includes aluminum wiring, then Borrower will give prompt Notice to Lender of any malfunction or fire associated with, or resulting from, the existence of any aluminum wiring located on the Mortgaged Property (“Aluminum Wiring Event”). In addition to any Restoration of the Mortgaged Property required as a result of the Aluminum Wiring Event, following the Aluminum Wiring Event, Borrower will complete each of the following Repairs: (i) Within 30 days following the Aluminum Wiring Event (or as otherwise required by Lender), either (A) replace all aluminum wiring associated with the Aluminum Wiring Event with building code compliant copper wiring, or (B) install industry standard aluminum conductor compatible connection devices approved by the Consumer Safety Products Commission on all aluminum branch circuit wiring terminations associated with the Aluminum Wiring Event. (ii) Within 1 year following the Aluminum Wiring Event (or as otherwise required by Lender), either (A) replace all remaining aluminum wiring located in each building affected by the Aluminum Wiring Event with building code compliant copper wiring, or (B) install industry standard aluminum conductor compatible connection devices approved by the Consumer Safety Products Commission on all remaining aluminum branch circuit wiring terminations in each building affected by the Aluminum Wiring Event.
Sample 1
Aluminum Wiring. Without limiting any other provisions of this Section 6.09, Borrower’s obligations set forth in Section 6.09(a), 6.09(c), and Section 6.09(e) will also include all of the following:
Sample 1
Aluminum Wiring. If the Mortgaged Property includes aluminum wiring, then Borrower will give prompt Notice to Lender of any malfunction or fire associated with, or resulting from, the existence of any aluminum wiring located on the Mortgaged Property (“Aluminum Wiring Event”). In addition to any Restoration of the Mortgaged Property required as a result of the Aluminum Wiring Event, following the Aluminum Wiring Event, Borrower will complete each of the following Repairs: (i) Replace all aluminum wiring associated with the Aluminum Wiring Event with building code compliant copper wiring within 30 days following the Aluminum Wiring Event or as otherwise required by Lender. (ii) Replace all remaining aluminum wiring located in each building affected by the Aluminum Wiring Event with building code compliant copper wiring within 1 year following the Aluminum Wiring Event or as otherwise required by Lender.
Sample 1

Related to Aluminum Wiring

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