ENGINEER'S INSPECTION. At any time after the Agent becomes aware of a Renovation involving an aggregate amount in excess of $1,000,000 (as reasonably determined by Borrower and so certified in an Officer's Certificate delivered to the Agent), the Agent may, hire an independent engineer to inspect the applicable Mortgaged Property and the related Renovation and Lender may deem such Renovation not complete unless the engineer approves such Renovation. The cost of such inspection shall be for the account of Borrower.
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Samples: Credit Agreement (Corporate Office Properties Trust), Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust), Assignment Agreement (Corporate Office Properties Trust)
ENGINEER'S INSPECTION. At any time after the Agent becomes aware of a Renovation involving an aggregate amount in excess of $1,000,000 500,000 (as reasonably determined by the Borrower and so certified in an Officer's Officers' Certificate delivered to the Agent), the Agent may, may hire an independent engineer to inspect the applicable Mortgaged Pool A Property and the related Renovation and Lender the Agent may deem such Renovation not complete unless the engineer approves determines that such RenovationRenovation was completed in accordance with this Agreement. The cost of such inspection shall be for the account of the Borrower.
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Samples: Senior Secured Revolving Credit Agreement (Capstar Hotel Co)
ENGINEER'S INSPECTION. At any time after the Agent becomes aware of a Renovation involving an aggregate amount in excess of $1,000,000 (as reasonably determined by Borrower and so certified in an Officer's Certificate delivered to the Agent), the Agent may, may hire an independent engineer to inspect the applicable Mortgaged Property and the related Renovation and Lender may deem such Renovation not complete unless the engineer approves such Renovation. The cost of such inspection shall be for the account of Borrower.
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Samples: Assignment Agreement (Corporate Office Properties Trust)
ENGINEER'S INSPECTION. At any time after the Agent becomes aware of a Renovation involving an aggregate amount in excess of $1,000,000 300,000 (as reasonably determined by Borrower the Company and so certified in an Officer's Certificate delivered to the Agent), the Agent may, hire an independent engineer to inspect the applicable Mortgaged Property and the related 122 134 Renovation and Lender the Agent may deem such Renovation not complete unless the engineer approves such Renovation. The cost of such inspection shall be for the account of Borrowerthe Company.
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