Commencement and Completion of Construction. Borrower shall cause the Construction of the Improvements to be commenced and prosecuted in a good and workmanlike manner and shall cause the same to be completed in accordance with the Project Schedule and substantially in accordance with the Plans and Specifications.
Appears in 3 contracts
Samples: Construction Loan Agreement (Campus Crest Communities, Inc.), Construction Loan Agreement (American Retirement Corp), Loan Agreement (Cost Plus Inc/Ca/)
Commencement and Completion of Construction. Borrower shall cause the initial Construction of the Improvements (which are contemplated to be commenced on or before the Commencement Date pursuant to the Design/Build Agreement) to be commenced and prosecuted in a good and workmanlike manner on or before the Commencement Date and shall cause the same Construction of the Improvements to be completed in accordance with the Project Schedule Design/Build Agreement and PAL Lease and substantially in accordance with the Plans and SpecificationsSpecifications in full on or before the Final Project Completion Date.
Appears in 1 contract
Samples: Junior Loan Agreement (Behringer Harvard Opportunity REIT II, Inc.)
