Completing the Work Sample Clauses

Completing the Work. I will cause the Contractor to begin the Work promptly after the loan closing and all permits are in place. I will use my best efforts to ensure the Contractor continues the Work diligently according to the Schedule and in a commercially reasonable and workmanlike manner in strict accordance with the Renovation Contract and all Government Regulations. The Work will not violate any of the conditions, covenants, or restrictions on the Property. I will notify Lender promptly in writing if: (i) I think that the Work does not comply with the Renovation Contract or this Loan Agreement; (ii) any notice of lien on the Property is served on me or Contractor; or (iii) any Government Authority issues any notice or claim relating to the Property. I acknowledge that the Renovation Contract represents that the Work will be completed on or before _________________ (“Completion Date”), subject to modifications in approved Change Orders. I agree that the Work must be completed no later than twelve (12) months after the loan closing (“Completion Deadline”), and no later than eighteen (18) months after the loan closing if Lender agrees in writing to extend the Completion Deadline. I may request that Lender extend the Completion Deadline only if (i) I am not in default under any of the Loan Documents or the Renovation Contract, and (ii) the renovation cannot be completed on time because extenuating circumstances exist that are beyond my control. Lender will accept the Work as completed when I satisfy all of the conditions in Section 2.8.4.6 of this Loan Agreement. I acknowledge and agree that if the Work is not completed by the Completion Deadline, it will constitute an Event of Default under Section 3.1 of this Loan Agreement.
AutoNDA by SimpleDocs
Completing the Work. I will cause the Contractor to begin the Work promptly after the loan closing and all permits are in place. I will use my best efforts to ensure the Contractor continues the Work diligently and in a commercially reasonable and workmanlike manner in strict accordance with the Renovation Contract and all Government Regulations. The Work will not violate any of the conditions, covenants or restrictions on the Property. I will notify Lender promptly in writing if (i) I think that the Work does not comply with the Renovation Contract or this Loan Agreement; (ii) any notice of lien on the Property is served on me or Contractor; or (iii) any Government Authority issues any notice or claim relating to the Property. I acknowledge that the Renovation Contract represents that the Work will be completed on or before (“Completion Date”), subject to modifications in approved Change Orders, but no later than twelve (12) months after the loan closing. Lender will accept the Work as completed when I satisfy all of the conditions in Section 2.8.4.6 of this Loan Agreement.
Completing the Work. The Work will begin promptly after I sign the Loan Documents. The Work will continue diligently and in a good and workmanlike manner in strict accordance with the contracts for the Work and all Government Regulations. The Work will satisfy the Environmental Protection Agency’s guidelines for lead safe renovations. The Work will not violate any of the conditions, covenants or restrictions on the Property. I will notify Xxxxxx immediately in writing if (i) any notice of lien on the Property is served on me or any contractor; or (ii) any Government Authority issues any notice or claim relating to the Property. I PROMISE THE WORK WILL BE COMPLETED ON OR BEFORE SIX (6) MONTHS AFTER THE CLOSING OF THE LOAN (“COMPLETION DATE”); PROVIDED, IF THE WORK CANNOT BE COMPLETED BY THE COMPLETION DATE DUE TO A TORNADO, FLOOD, FIRE, OR OTHER ACT OF GOD, I MAY REQUEST AN EXTENSION OF THE COMPLETION DATE TO A DATE THAT WILL ALLOW THE WORK TO BE COMPLETED THAT IS AS CLOSE AS REASONABLY PRACTICABLE TO THE COMPLETION DATE, AND LENDER MAY GRANT SUCH EXTENSION, IN ITS SOLE DISCRETION, ON THE SAME TERMS AND CONDITIONS CONTAINED IN THIS LOAN AGREEMENT. XXXXXX WILL ACCEPT THE WORK AS COMPLETED WHEN ALL OF THE CONDITIONS IN SECTION 2.7.2 OF THIS LOAN AGREEMENT ARE SATISFIED.
Completing the Work. The Work will begin promptly after Borrower signs the Loan Documents and will be completed on or before the Completion Date. The Work will continue diligently and in a good and workmanlike manner in strict accordance with the Construction Contract, architectural plans, permits, Government Regulations and all other requirements to complete the Work as agreed. To that end, Xxxxxxxx will notify Xxxxxx immediately in writing, and by telephone if (l) Xxxxxxxx believes the Work is not being or cannot be completed as immediately aforesaid or by the Completion Date; or (2) any Government Authority issues any notice or claim relating to the Property. If the Work is not completed by the Completion Date as a result of a force majeure or if Lender otherwise agrees, in its sole discretion, to extend the Completion Date, Lender may charge a modification fee as compensation for any extension (or any other modification of any nature granted by Xxxxxx). Xxxxxx will accept the Work as completed when Borrower satisfies all of the conditions required to receive the Final Advance.
Completing the Work. The Work will begin promptly after I sign the Loan Documents. The Work will continue diligently and in a good and workmanlike manner in strict accordance with the Construction Contract and all Government Regulations. The Work will not violate any of the conditions, covenants or restrictions on the Property. I will notify Lender immediately in writing if (i) I think that the Work does not comply with the Construction Contract or this Loan Agreement; (ii) any notice of lien on the Property is served on me or Contractor; or (iii) any Government Authority issues any notice or claim relating to the Property. I promise the Work will be completed on or before (“Completion Date”). Lender will accept the Work as completed when I satisfy all of the conditions in Section 2.8.4.8 of this Loan Agreement (“Substantial Completion”).
Completing the Work. Borrower will complete the Work in accordance with the following provisions: The Work will begin promptly after Borrower signs the Loan Documents. The Work will continue diligently and in a good and workmanlike manner in strict accordance with the Construction Contract (if any), the Supplier Contracts and all Government Regulations. The Work will not violate any of the conditions, covenants or restrictions on the Property. The Work will be completed free and clear of any mechanics liens. Borrower will notify Lender immediately in writing if (i) Borrower thinks that the Work does not comply with the Construction Contract (if any), the Supplier Contracts or this Loan Agreement; (ii) any notice of lien on the Property is served on Borrower or Contractor (if any); or (iii) any Government Authority issues any notice or claim relating to the Property. Borrower promises that the Work will be completed on or before July 1, 2015 (“Completion Date”). Lender will accept the Work as completed when Borrower satisfies all of the conditions in Section 2.8.4.7 of this Loan Agreement (Completion Of Improvements).
Completing the Work. The Work will begin promptly after Borrower signs the Loan Documents. The Work will continue diligently and in a good and workmanlike manner in strict accordance with the Construction Contract and all Government Regulations. The Work will not violate any of the conditions, covenants or restrictions on the Property. Borrower will notify Lender immediately in writing if (i) Borrower thinks that the Work does not comply with the Construction Contract or this Loan Agreement; (ii) any notice of lien on the Property is served on Borrower or Contractor; or (iii) any Government Authority issues any notice or claim relating to the Property. Borrower promises the Work will be completed on or before ("Completion Date"). Lender will accept the Work as completed when Borrower satisfies all of the conditions found in Section II (G)(3)(f) of this Loan Agreement.
AutoNDA by SimpleDocs

Related to Completing the Work

  • Continuing the Work The Contractor shall carry on the Work and adhere to the progress schedule during all disputes, disagreements or alternative resolution processes with the Owner. The Contractor shall not delay or postpone any Work because of the pending resolution of any disputes, disagreements or processes, except as the Owner and the Contractor may agree in writing.

  • Completion of the Work The Contractor must obtain Material Completion as defined in Section 6.1.2 below prior to any occupancy of the Project.

  • Conditions Affecting the Work The Contractor shall be responsible for having taken steps reasonably necessary to ascertain the nature and location of the Work, and the general and local conditions, which can affect the Work or the cost thereof for any Job Order. Any failure by the Contractor to do so will not relieve him from responsibility for successfully performing the Work without additional expense to the County. The County assumes no responsibility for any understanding or representations concerning conditions made by any of its officers or agents prior to the execution of this Contract, unless such understanding or representations by the County are expressly stated in the Contract.

  • Access to the Work The Design Professional and its representatives shall have access to the Work at all times while it is in progress, and shall comply with all job site safety rules.

  • STOP WORK (a) SELLER shall stop Work for up to ninety (90) days in accordance with any written notice received from LOCKHEED XXXXXX, or for such longer period of time as the parties may agree and shall take all reasonable steps to minimize the incurrence of costs allocable to the Work during the period of Work stoppage.

  • Project Work PURCHASER shall complete the following projects in accordance with the specifications provided in Exhibits B, C, D, E, and F and written instructions from STATE. Project locations are shown on Exhibit A unless otherwise described. PURCHASER shall furnish all material unless otherwise specified.

  • Project Completion The Contractor agrees to schedule a final job walk with the County. If required, the County will prepare a list of incomplete items, the “Punch List”. The Contractor agrees to complete the “Punch List” corrections and schedule a final project completion job walk. The County will sign the “Punch List” as completed when determined, the project is finished. The Contractor agrees to submit the following along with its final payment request:

  • Completion The Subcontractor will be required, unless otherwise stated under the terms of this Agreement, to complete the Services: (choose one) ☐ - By the Specific date of ______________________, 20____. ☐ - In accordance with industry standards. ☐ - Other: ________________________________________________________

  • Completion of the Project The Contracting Party shall complete the construction, equipping and furnishing of the Improvements in accordance with the Plans and submit to the Board a Certificate of Completion on or before November 1, 2016.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!