Common use of Engineering Report Clause in Contracts

Engineering Report. Lender shall have received a current Engineering Report with respect to each Property, which report shall be in form and substance reasonably satisfactory to Lender. No such report shall be deemed unsatisfactory solely by reason of the location of such Property in a seismic zone or in area which may be prone to or affected by seismic events.

Appears in 5 contracts

Samples: Loan Agreement (Sears Holdings Corp), Loan Agreement (Sears Holdings Corp), Loan Agreement (Esl Partners, L.P.)

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Engineering Report. Lender shall have received a current Engineering Report with respect to each Restatement Date Property, which report shall be in form and substance reasonably satisfactory to Lender. No such report shall be deemed unsatisfactory solely by reason of the location of such Property in a seismic zone or in area which may be prone to or affected by seismic events.

Appears in 1 contract

Samples: Loan Agreement (Sears Holdings Corp)

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