Common use of Contractor’s Certificate Clause in Contracts

Contractor’s Certificate. If required by Lender, a certificate signed by each major contractor and supplier of materials (for the purposes hereof, a major contractor is one whose contract calls for the performance of work estimated to cost $25,000 or more, and a major supplier is one who will, in the course of the performance of the Repairs, supply materials with a cost to Borrower of $25,000 or more), as reasonably determined by Lender, engaged to provide labor or materials for the Repairs to the effect that such contractor or supplier has been paid in full for all work completed and that the portion of the Repairs provided by such contractor or supplier has been fully completed in accordance with the plans and specifications (if any) provided to it by Borrower and that such portion of the Repairs is in compliance with all applicable building codes and other rules and regulations promulgated by any applicable regulatory authority or Governmental Authority.

Contractor’s Certificate. If required by LenderXxxxxx, a certificate signed by each major contractor and supplier of materials (for the purposes hereof, a major contractor is one whose contract calls for the performance of work estimated to cost $25,000 or more, and a major supplier is one who will, in the course of the performance of the Repairs, supply materials with a cost to Borrower of $25,000 or more), as reasonably determined by LenderXxxxxx, engaged to provide labor or materials for the Repairs to the effect that such contractor or supplier has been paid in full for all work completed and that the portion of the Repairs provided by such contractor or supplier has been fully completed in accordance with the plans and specifications (if any) provided to it by Borrower and that such portion of the Repairs is in compliance with all applicable building codes and other rules and regulations promulgated by any applicable regulatory authority or Governmental Authority.

Contractor’s Certificate. If required by Lender, a certificate signed by each major contractor and supplier of materials (for the purposes hereof, a major contractor is one whose contract calls for the performance of work estimated to cost $25,000 or more, and a major supplier is one who will, in the course of the performance of the Repairs, supply materials with a cost to Borrower of $25,000 or more), as reasonably determined by Lender, engaged to provide labor or materials for the Repairs to the effect that such contractor or supplier has been paid in full for all work completed and that the portion of the Repairs provided by such contractor or supplier has been fully completed in accordance with the plans and specifications (if any) provided to it by Borrower and that such portion of the Repairs is in compliance with all applicable building codes and other rules and regulations promulgated by any applicable regulatory authority or Governmental Authority.

Contractor’s Certificate. If required by LenderLendxx, a x certificate signed by each major contractor and supplier of materials (for the purposes hereof, a major contractor is one whose contract calls for the performance of work estimated to cost $25,000 or more, and a major supplier is one who will, in the course of the performance of the Repairs, supply materials with a cost to Borrower of $25,000 or more), as reasonably determined by LenderLendxx, engaged xxgaged to provide labor or materials for the Repairs to the effect that such contractor or supplier has been paid in full for all work completed and that the portion of the Repairs provided by such contractor or supplier has been fully completed in accordance with the plans and specifications (if any) provided to it by Borrower and that such portion of the Repairs is in compliance with all applicable building codes and other rules and regulations promulgated by any applicable regulatory authority or Governmental Authority.