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

AutoNDA by SimpleDocs

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), Mortgage (Adcare Health Systems, Inc), Asset Purchase Agreement (Nevada Gold & Casinos 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: Mortgage (Palweb Corp), Mortgage (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, 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: Corporate Resolution (Abidon Inc)

AutoNDA by SimpleDocs

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)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!