Common use of Architect’s Agreement Clause in Contracts

Architect’s Agreement. Borrower and Architect have entered into the Architect's Agreement, pursuant to which Architect is to design the Improvements. Borrower shall require Architect to perform in accordance with the terms of the Architect's Agreement and shall not amend, modify or alter the Architect's Agreement without Lender's prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Upon Lender's request, Borrower shall execute an assignment of the Architect's Agreement and the Plans and Specifications to Lender as additional security for Borrower's performance under this Agreement and the other Loan Documents and shall cause the Architect to consent to any such assignment.

Architect’s Agreement. Borrower and Architect have entered into the Architect's Agreement, ’s Agreement pursuant to which Architect is to design the rehabilitation of the Improvements. Borrower shall require Architect to perform in accordance with the terms of the Architect's ’s Agreement and shall not amend, modify or alter the responsibilities of Architect under the Architect's ’s Agreement without Lender's Bondowner Representative’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Upon Lender's Bondowner Representative’s request, Borrower shall execute an assignment of the Architect's ’s Agreement and the Plans and Specifications to Lender Bondowner Representative as additional security for Borrower's ’s performance under this Loan Agreement and the other Loan Documents and shall cause the Architect to consent to any such assignment.

Architect’s Agreement. Borrower and Architect have entered into the Architect's ’s Agreement, pursuant to which Architect is to design the Improvements. Borrower shall require Architect to perform in accordance with the terms of the Architect's ’s Agreement and shall not amend, modify or alter the Architect's ’s Agreement without Lender's ’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Upon Lender's ’s request, Borrower shall execute an assignment of the Architect's ’s Agreement and the Plans and Specifications to Lender as additional security for Borrower's ’s performance under this Agreement and the other Loan Documents and shall cause the Architect to consent to any such assignment.

Architect’s Agreement. Borrower and Architect have entered into the --------------------- Architect's Agreement, pursuant to which Architect is to design the Improvements. Borrower shall require Architect to perform in accordance with the terms of the Architect's Agreement and shall not amend, modify or alter the responsibilities of Architect under the Architect's Agreement without Lender's prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Upon Lender's request, Borrower shall execute an assignment of the Architect's Agreement and the Plans and Specifications to Lender as additional security for Borrower's performance under this Agreement and the other Loan Documents and shall cause the Architect to consent to any such assignment.

Architect’s Agreement. Borrower and Architect have entered into the Architect's Agreement, ’s Agreement pursuant to which Architect is to design the Improvementsconstruction of the improvements. Borrower shall require Architect to perform in accordance with the terms of the Architect's ’s Agreement and shall not amend, modify or alter the responsibilities of Architect under the Architect's ’s Agreement without Lender's Bondowner Representative’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Upon Lender's Bondowner Representative’s request, Borrower shall execute an assignment of the Architect's ’s Agreement and the Plans and Specifications to Lender Bondowner Representative as additional security for Borrower's performance under this Loan Agreement and the other Loan Documents and shall cause the Architect to consent to any such assignment.

Architect’s Agreement. Borrower and Architect have entered into the ---------------------- Architect's Agreement, pursuant to which Architect is to design the Improvements. Borrower shall require Architect to perform in accordance with the terms of the Architect's Agreement and shall not amend, modify or alter the responsibilities of Architect under the Architect's Agreement without Lender's prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Upon Lender's request, Borrower shall execute an assignment of the Architect's Agreement and the Plans and Specifications to Lender as additional security for Borrower's performance under this Agreement and the other Loan Documents and shall cause the Architect to consent to any such assignment.. 4.8

Architect’s Agreement. Borrower and Architect have entered into the Architect's Agreement, ’s Agreement pursuant to which Architect is to design the rehabilitation of the Improvements. Borrower shall require Architect to perform in accordance with the terms of the Architect's ’s Agreement and shall not amend, modify or alter the responsibilities of Architect under the Architect's ’s Agreement without Lender's Bondowner Representative’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Upon Lender's Bondowner Representative’s request, Borrower Xxxxxxxx shall execute an assignment of the Architect's ’s Agreement and the Plans and Specifications to Lender Bondowner Representative as additional security for Borrower's ’s performance under this Loan Agreement and the other Loan Documents and shall cause the Architect to consent to any such assignment.

Architect’s Agreement. Borrower and Architect have entered into the Architect's Agreement, ’s Agreement pursuant to which Architect is to design the construction of the Improvements. Borrower shall require Architect to perform in accordance with the terms of the Architect's ’s Agreement and shall not amend, modify or alter the responsibilities of Architect under the Architect's ’s Agreement without Lender's Bondowner Representative’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Upon Lender's Bondowner Representative’s request, Borrower shall execute an assignment of the Architect's ’s Agreement and the Plans and Specifications to Lender Bondowner Representative as additional security for Borrower's ’s performance under this Loan Agreement and the other Loan Documents and shall cause the Architect to consent to any such assignment.