Common use of Bondowner Representative Inspections Clause in Contracts

Bondowner Representative Inspections. Bondowner Representative shall have determined, based upon such inspections and examinations of the progress of rehabilitation of the Project as Bondowner Representative shall elect in its sole judgment to conduct from time to time, that rehabilitation of the Project is proceeding in substantial conformity with the Plans and Specifications, as modified by change orders with respect to which Borrower has complied with Section 5.5. Borrower shall have paid all of the costs and expenses reasonably incurred by Bondowner Representative in any such inspection and examination.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

AutoNDA by SimpleDocs

Bondowner Representative Inspections. Bondowner Representative shall have determined, based upon such inspections and examinations of the progress of rehabilitation construction of the Project as Bondowner Representative shall elect in its sole judgment to conduct from time to timetime pursuant to the terms of Section 5.14, that rehabilitation construction of the Project is proceeding in substantial conformity with the Plans and Specifications, as modified by change orders with respect to which Borrower has complied with Section 5.5. Borrower shall have paid all of the costs and expenses of Bondowner Representative reasonably incurred by Bondowner Representative in any such inspection and examination.

Appears in 1 contract

Samples: Loan Agreement

Bondowner Representative Inspections. Bondowner Representative shall have determined, based upon such inspections and examinations of the progress of rehabilitation of the Project as Bondowner Representative shall elect in its sole judgment to conduct from time to time, that rehabilitation of the Project is proceeding in substantial conformity with the Plans and Specifications, as modified by change orders with respect to which Borrower Xxxxxxxx has complied with Section 5.5. Borrower shall have paid all of the costs and expenses reasonably incurred by Bondowner Representative in any such inspection and examination.

Appears in 1 contract

Samples: Loan Agreement

AutoNDA by SimpleDocs

Bondowner Representative Inspections. Bondowner Representative shall have determined, based upon such inspections and examinations of the progress of rehabilitation construction of the Project as Bondowner Representative shall elect in its sole judgment to conduct from time to time, that rehabilitation construction of the Project is proceeding in substantial conformity with the Plans and Specifications, as modified by change orders with respect to which Borrower has complied with Section 5.5. Borrower shall have paid all of the costs and expenses reasonably incurred by Bondowner Representative in any such inspection and examination.

Appears in 1 contract

Samples: Loan Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.