Common use of Notice of Construction Clause in Contracts

Notice of Construction. Grantor shall notify Lender at least fifteen (15) days before any work is commenced, any services are furnished, or any materials are supplied to the Property, if any mechanic's lien, materialmen's lien, or other lien could be asserted on account of the work, services, or materials. Grantor will upon request of Lender furnish to Lender advance assurances satisfactory to Lender that Grantor can and will pay the cost of such improvements.

Appears in 13 contracts

Samples: Autoscope Technologies Corp, Mortgage and Security Agreement (Shepherd's Finance, LLC), Mortgage and Security Agreement (Shepherd's Finance, LLC)

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Notice of Construction. Grantor shall notify Lender at least fifteen (15) days before any work is commenced, any services are furnished, or any materials are supplied to the Property, if any mechanic's ’s lien, materialmen's ’s lien, or other lien could be asserted on account of the work, services, or materials. Grantor will upon request of Lender furnish to Lender advance assurances satisfactory to Lender that Grantor can and will pay the cost of such improvements.

Appears in 4 contracts

Samples: Mortgage and Security Agreement (Shepherd's Finance, LLC), Asset Purchase Agreement (Nevada Gold & Casinos Inc), Adcare Health Systems, Inc

Notice of Construction. Grantor shall notify Lender at least fifteen (15) days before any work is commenced, any services are furnished, or any materials are supplied to the Property, if any mechanic's ’s lien, materialmen's ’s lien, or other lien could be asserted on account of the work, services, or materialsmaterials and the cost exceeds $5,000.00. Grantor will upon request of Lender furnish to Lender advance assurances satisfactory to Lender that Grantor can and will pay the cost of such improvements.

Appears in 2 contracts

Samples: Gta-Ib, LLC, Golf Trust of America Inc

Notice of Construction. Grantor shall notify Lender at least fifteen (15) days before any work is commenced, any services are furnished, or any materials are supplied to the Property, if any mechanic's lien, materialmen's lien, or other lien could be asserted on account of the work, services, or materials. Grantor will upon request of Lender furnish to Lender advance assurances satisfactory to Lender that Grantor can and will pay the cost of such improvementsImprovements.

Appears in 2 contracts

Samples: Palweb Corp, Badger Paper Mills Inc

Notice of Construction. Grantor shall notify Lender at least fifteen (15) days before any work is commenced, any services are furnished, or any materials are supplied to the Property, if any mechanic's lien, materialmen's lien, or other lien could be asserted on account of the work, services, or materials. , Grantor will upon request of Lender furnish to Lender advance assurances satisfactory to Lender that Grantor can and will pay the cost of such improvements.

Appears in 1 contract

Samples: Loan and Security Agreement (Snowdance Inc)

Notice of Construction. Grantor shall notify Lender at least fifteen (15) days before any work is commenced, any services are furnished, or any materials are supplied to the Property, if any mechanic's lien, materialmen's materialmen lien, or other lien could be asserted on account of the work, services, or materials. Grantor will upon request of Lender furnish to Lender advance assurances satisfactory to Lender that Grantor can and will pay the cost of such improvements.

Appears in 1 contract

Samples: Deed of Trust (Rockies Fund Inc)

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Notice of Construction. Grantor shall notify Lender at least fifteen (15) days before any work is commenced, any services are furnished, or any materials are supplied to the Property, if any mechanic's lien, materialmen's lien, or other lien could be asserted on account of the work, services, services or materials. Grantor will upon request of Lender furnish to Lender advance assurances satisfactory to Lender that Grantor can and will pay the cost of such improvements.

Appears in 1 contract

Samples: Acknowledgement and Agreement (Abidon Inc)

Notice of Construction. Grantor shall notify Lender at least fifteen (15) days before any work is commenced, any services are furnished, or any materials are supplied to the Property, if any mechanic's lien, materialmenmaterialman's lien, lien or other lien could be asserted on account of the work, services, or materialsmaterials and the cost exceeds $2,500.00. Grantor will upon request of Lender furnish to Lender advance assurances satisfactory to Lender that Grantor can and will pay the cost of such improvements.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Healthtech International Inc)

Notice of Construction. Grantor shall notify Lender at least lease fifteen (15) days before any work is commenced, any services are furnished, or any materials are supplied to the Property, if any mechanic's lien’s liens, materialmen's ’s lien, or other lien could be asserted on account of the work, services, or materialsmaterials and the cost exceeds Twenty Thousand Dollars ($20,000). Grantor will will, upon request of Lender Lender, furnish to Lender advance assurances satisfactory to Lender that Grantor can and will pay the cost of such construction or improvements.

Appears in 1 contract

Samples: Master Agreement (TWO RIVERS WATER Co)

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