Commencement of Improvements. Prior to or on the date FRANCHISEE signs a lease with respect to the Center Site or the date of commencement of the improvements or construction of the Center Site, whichever is earlier, FRANCHISEE shall pay to FRANCHISOR the sum of Twenty-Five Thousand Dollars ($25,000) (or Twelve Thousand Five Hundred Dollars ($12,500) in the case of additional franchises). After such payment by FRANCHISEE, such portion of the Initial Franchise Fee shall not be refundable. (3)
Commencement of Improvements. The Developer shall commence construction of the Improvements no later than the date set forth in the Development Schedule.
Commencement of Improvements. The Owner and/or Builder shall not commence work on any construction project or improvement, including clearing or excavation, without first obtaining written approval from the VRPOA-ACC. A violation of this rule shall be an immediate default of the Rules for Construction and Owner and Builder shall be subject to applicable penalties, including but not limited to, fines, rescission of VRPOA-ACC approval, injunctive relief, suspension of Owner's rights, and enforcement of penalties as set forth herein, subject to the limitations of the Texas Property Code. In the event any Owner, Builder or third party commences construction of an improvement prior to obtaining written approval from the VRPOA-ACC, the party shall cease and desist from the continuation of making improvements upon receipt of notice from the VRPOA-ACC. The VRPOA-ACC shall have forty-five (45) business days (fifteen [15] days with respect to construction performed by an Approved Builder) from receipt of the last of any required documentation, submitted after commencement of construction, alteration or exterior changes to respond by approval, disapproval or modification requirements. The VRPOA, acting by and through the VRPOA-ACC or a designated agent of the VRPOA shall have the right to enter upon any lot to inspect all work in progress to ensure compliance with approved plans and specifications and to obtain restraining orders and/or temporary or permanent injunctions to terminate or halt construction, alterations or exterior changes which have not been reviewed and approved in writing by the VRPOA-ACC in accordance herewith. The VRPOA-ACC shall have full and complete authority to approve any construction of any improvement on any Lot and its judgment shall be final and conclusive.
Commencement of Improvements. Except as set forth on Exhibit B, prior to the recordation of the Security Instrument, no work of any kind has been or will be commenced or performed upon the Property and no materials or equipment have been or will be delivered to or upon the Property. In the event that any work of any kind has been commenced or performed upon the Property, or in the event that any materials or equipment have been ordered or delivered to or upon the Property, then (i) prior to the execution of the Security Instrument, Borrower shall fully disclose in writing to the title insurance company issuing the mortgagee title insurance policy insuring the lien of the Security Instrument that work has been commenced or performed on the Property, or materials or equipment have been ordered or delivered to or upon the Property, (ii) prior to the execution of the Security Instrument, Borrower shall have obtained and delivered to Xxxxxxx Mac and the title company issuing the mortgagee title insurance policy insuring the lien of the Security Instrument lien waivers from all contractors, subcontractors, suppliers, or any other applicable party, pertaining to all work commenced or performed on the Property, or materials or equipment ordered or delivered to or upon the Property, and (iii) the final mortgagee’s title insurance policy insuring the lien of the Security Instrument shall take no exception from coverage for any mechanics or materialmen’s liens.
Commencement of Improvements. No improvements of any kind shall be commenced on the real property until authorized by the title company, including, but not limited to, the placing of materials upon said real property.
Commencement of Improvements. Within the Plat or Property to be platted, the Developer may not commence Improvements, other than any grading permitted under Section 4.3 of the City Code, until all the following conditions have been satisfied:
