Lender Certificates. In the event a third party, such as a lender or subsequent purchaser of the Property, seeks assignment of any instruments of service prepared by Xxxxxx, or requests that Xxxxxx make independent certifications in favor of such third party, then Xxxxxx, as a condition to such assignment or certification may require: (a) payment in full of all outstanding charges then due from Client, (b) reimbursement for all costs and fees incurred by Xxxxxx (including attorney’s fees) in reviewing associated documents, (c) a reasonable administrative fee in an amount determined by Xxxxxx, (d) reasonable time to review any associated documents, but no less than seven (7) days, (e) Xxxxxx may limit its certification to such third party to a statement confirming that all certifications made on the instruments of service, if any, remain true and correct and (f) any other assurances reasonably determined by Xxxxxx.
Appears in 4 contracts
Samples: Professional Services, Agreement for Professional Engineering and Design Services, Professional Services
