Common use of Lender Inspections, Appraisal and Information Clause in Contracts

Lender Inspections, Appraisal and Information. During normal business hours, the Borrower shall arrange for the Lender, the Inspector or any other authorized representative of Lender, at the expense of Borrower, to visit, inspect or appraise the Project, the materials to be used thereon or therein, contracts, records, plans, specifications and shop drawings relating thereto, whether kept at Borrower's offices or at the Project construction site or elsewhere, and the books, records, accounts and other financial and accounting records of Borrower wherever kept, and to make copies and take extracts thereof and therefrom as often as may be requested at Borrower's cost and expense. Borrower will cooperate with Lender to enable Lender and Inspector to conduct such visits, inspections and appraisals. The cost of the Inspector and of such inspections shall be borne by Borrower and shall be paid within thirty (30) days of Borrower's receipt of any invoice with respect thereto.

Appears in 2 contracts

Samples: Loan Agreement (United Homes Inc), Loan Agreement (United Homes Inc)

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Lender Inspections, Appraisal and Information. During normal business hours, the Borrower shall arrange for the Lender, the Inspector or any other authorized representative of Lender, at the expense of Borrower, to visit, inspect or appraise the ProjectBorrowing Base Collateral, the materials to be used thereon or therein, contracts, records, plans, specifications and shop drawings relating thereto, whether kept at Borrower's offices or at the Project construction site sites or elsewhere, and the books, records, accounts and other financial and accounting records of Borrower wherever kept, and to make copies and take extracts thereof and therefrom as often as may be requested at Borrower's cost and expense. Borrower will cooperate with Lender to enable Lender and Inspector to conduct such visits, inspections and appraisals. The cost of the Inspector and of such inspections shall be borne by Borrower and shall be paid within thirty (30) days of Borrower's receipt of any invoice with respect thereto.

Appears in 1 contract

Samples: Loan Agreement (United Homes Inc)

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Lender Inspections, Appraisal and Information. During normal business hours, the Borrower shall arrange for the Lender, the Inspector or any other authorized representative of Lender, at the expense of Borrower, to visit, inspect or appraise the Project, the materials to be used thereon or therein, contracts, records, plans, specifications and shop drawings relating thereto, whether kept at Borrower's offices or at the Project construction site or elsewhere, and the books, records, accounts and other financial and accounting records of Borrower wherever kept, and to make copies and take extracts thereof and therefrom as often as may be requested at Borrower's cost and expense. Borrower will cooperate with Lender to enable Lender and Inspector to conduct such visits, inspections inspection and appraisals. The cost of the Inspector and of such inspections shall be borne by Borrower and shall be paid within thirty (30) days of Borrower's receipt of any invoice with respect thereto.

Appears in 1 contract

Samples: Loan Agreement (United Homes Inc)

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