Preparation of Plans. Borrower will cause the Plans to be prepared by the Architect and approved by Borrower, the Contractor and the Architect. All Plans will be reviewed and determined to be satisfactory by the Inspecting Architect, have all Governmental Approvals and the approval of all other entities and Persons with a right to approve any aspect of the work, including without limitation, any parties to the Project Covenant Documents.
Appears in 2 contracts
Samples: Construction Loan Agreement, Construction Loan Agreement (CNL Growth Properties, Inc.)
Preparation of Plans. Borrower will cause the Plans to be prepared by the Architect and and, prior to the Closing Date, approved by Borrower, the Contractor Contractor, the Architect and the ArchitectEngineer. All Plans will be reviewed and determined to be satisfactory by the Inspecting Architect, have all Governmental Approvals and the approval of all other entities and Persons with a right to approve any aspect of the work, including without limitation, any parties to the Project Covenant Documents.
Appears in 1 contract
Samples: Construction and Mini Perm Loan Agreement (HMG Courtland Properties Inc)
Preparation of Plans. Borrower will cause the Plans to be prepared by the Architect and and, prior to the Closing Date, approved by Borrower, the Contractor and the Architect. All Plans will be reviewed and determined to be satisfactory by the Inspecting Architect, have all Governmental Approvals and the approval of all other entities and Persons with a right to approve any aspect of the work, including including, without limitation, any parties to the Project Covenant Documents.
Appears in 1 contract
Samples: Construction Loan Agreement (Investors Real Estate Trust)
Preparation of Plans. Borrower will shall cause the Plans and all changes in the Plans to be prepared by the Architect and approved by BorrowerArchitect, the Contractor and the Architect. All Plans will and all changes in the Plans shall be reviewed and determined to be satisfactory by the Inspecting Architect, have all Governmental Approvals and the approval of all other entities and Persons with a right to approve any aspect of the work, including without limitation, any parties to . Lender acknowledges that all existing Plans as of the Project Covenant DocumentsClosing Date have been approved by Lender and the Inspecting Architect.
Appears in 1 contract
Preparation of Plans. Borrower will cause the Plans to be prepared by Architect and, prior to the Architect and Closing Date, approved by Borrower, the Contractor Contractor, Architect and the ArchitectEngineer. All Plans will be reviewed and determined to be satisfactory by the Inspecting Architect, have all Governmental Approvals and the approval of all other entities and Persons with a right to approve any aspect of the work, including without limitation, any parties to the Project Covenant Documents.
Appears in 1 contract
Samples: Construction Loan Agreement (Cottonwood Multifamily Opportunity Fund, Inc.)