Correction of Construction Defects. In the event there are any defects in the work or any material departures or deviations from the plans and specifications not approved by Lender, as such defects, departures or deviations are certified to Lender by an outside engineer chosen by Lender, then promptly following any demand by Lender, Borrower will correct or cause the correction of such defects, departures or deviations.
Appears in 7 contracts
Samples: Loan Agreement, Loan Agreement (Comstock Holding Companies, Inc.), Loan Agreement (Comstock Holding Companies, Inc.)
Correction of Construction Defects. In the event there are any defects in the work or any material departures or deviations from the plans Plans and specifications Specifications not approved by Lender, as such defects, departures or deviations are certified to Lender by an outside engineer chosen by Lender, then promptly following any demand by Lender, Borrower will correct or cause the correction of such defects, departures or deviations.
Appears in 3 contracts
Samples: Acquisition and Construction Loan Agreement (Comstock Holding Companies, Inc.), Construction Loan Agreement (Comstock Holding Companies, Inc.), Construction Loan Agreement (Comstock Holding Companies, Inc.)
