Common use of LENDER’S COMPLETION OF CONSTRUCTION Clause in Contracts

LENDER’S COMPLETION OF CONSTRUCTION. Upon the occurrence and continuance of an Event of Default, Lender may, upon five (5) days prior written notice to Borrower, and with or without legal process, take possession of the Assets, remove Borrower and all agents, employees and contractors of Borrower from the Assets, complete the work of any construction and market and sell or lease the Assets. For this purpose, Borrower irrevocably appoints Lender as its attorney‑in‑fact, which agency is coupled with an interest. As attorney‑in-fact, Lender may, in Borrower’s name, take or omit to take any action Lender may deem appropriate, including, without limitation, exercising Borrower’s rights under the Loan Documents and all contracts concerning the Assets.

LENDER’S COMPLETION OF CONSTRUCTION. Upon the occurrence and continuance of an Event of a Default, Lender may, upon five (5) 5 days prior written notice to Borrower, and with or without legal process, take possession of the AssetsProperty and Improvements, remove Borrower and all agents, employees and contractors of Borrower from the AssetsProperty and Improvements, complete the work of any construction and market market, operate and sell or lease the AssetsProperty and/or Improvements. For this purpose, Borrower irrevocably appoints Lender as its attorney‑in‑factattorney-in-fact, which agency is coupled with an interest. As attorney‑inattorney-in-fact, Lender may, in Borrower’s name, take or omit to take any action Lender may deem appropriate, including, without limitation, exercising Borrower’s rights under the Loan Documents and all contracts concerning the AssetsProperty and/or Improvements.

LENDER’S COMPLETION OF CONSTRUCTION. Upon the occurrence and continuance of an Event of a Default, Lender may, upon five twenty (520) days prior written notice to Borrower, and with or without legal process, take possession of the AssetsProperty and Improvements, remove Borrower and all agents, employees and contractors of Borrower from the AssetsProperty and Improvements, complete the work of any construction and market market, operate and sell or lease the AssetsProperty and/or Improvements. For this purpose, Borrower irrevocably appoints Lender as its attorney‑in‑factattorney-in-fact, which agency is coupled with an interest. As attorney‑inattorney-in-fact, Lender may, in Borrower’s name, take or omit to take any action Lender may deem appropriate, including, without limitation, exercising Borrower’s rights under the Loan Documents and all contracts concerning the AssetsProperty and/or Improvements.

LENDER’S COMPLETION OF CONSTRUCTION. Upon the occurrence and continuance of an Event of a Default, Lender may, upon five (5) days prior written notice to Borrower, and with or without legal process, take possession of the AssetsProperty and Improvements, remove Borrower and all agents, employees and contractors of Borrower from the AssetsProperty and Improvements, complete the work of any construction and market and sell or lease the AssetsProperty and/or Improvements. For this purpose, Borrower irrevocably appoints Lender as its attorney‑in‑factattorney-in-fact, which agency is coupled with an interest. As attorney‑inattorney-in-fact, Lender may, in Borrower’s name, take or omit to take any action Lender may deem appropriate, including, without limitation, exercising Borrower’s rights under the Loan Documents and all contracts concerning the AssetsProperty and/or Improvements.

LENDER’S COMPLETION OF CONSTRUCTION. Upon the occurrence and continuance of an Event of Default, Lender may, upon five (5) days prior written notice to Borrower, and with or without legal process, take possession of the AssetsProperty and Improvements, remove Borrower and all agents, employees and contractors of Borrower from the AssetsProperty and Improvements, complete the work of any construction and market and sell or lease the AssetsProperty and/or Improvements. For this purpose, Borrower irrevocably appoints Lender as its attorney‑in‑fact, which agency is coupled with an interest. As attorney‑in-fact, Lender may, in Borrower’s name, take or omit to take any action Lender may deem appropriate, including, without limitation, exercising Borrower’s rights under the Loan Documents and all contracts concerning the AssetsProperty and/or Improvements.