Prohibited Contracts. Without Lender's prior written consent, which -------------------- consent shall not be unreasonably withheld or delayed, Borrower shall not contract for any materials, furnishings, equipment, fixtures or other parts or components of the Work, or other property for the use or occupancy of the Property or Improvements, if any third party retains or purports to retain any interest (other than lien rights, if any, created by operation of law) in such items after their delivery to the Property. Borrower shall have five (5) days to effect the removal of any such retained interest
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Samples: Construction Loan Agreement (New England Life Pension Properties Ii), Construction Loan Agreement (New England Life Pension Properties)
Prohibited Contracts. Without Lender's ’s prior written consent, which -------------------- consent shall not be unreasonably withheld withheld, conditioned or delayed, Borrower shall not contract for any materials, furnishings, equipment, fixtures or other parts or components of the Work, or other property for the use or occupancy of the Property or Renovation Improvements, if any third party retains or purports to shall retain any ownership interest (other than lien rights, if any, rights created by operation of law) in such items after their delivery to the PropertyProperty and Improvements. Borrower shall have five (5) days to effect the removal of any such retained interest.
Appears in 2 contracts
Samples: Loan Agreement, Building Loan Agreement (Thomas Properties Group Inc)
Prohibited Contracts. Without Lender's prior written consent, which -------------------- consent shall not be unreasonably withheld or delayed, Borrower shall not contract for any materials, furnishings, equipment, fixtures or other parts or components of the WorkImprovements, or other property for the use or occupancy of the Property or the Improvements, if any third party retains or purports to retain any interest (other than lien rights, if any, created by operation of law) in such items after their delivery to the Property. Borrower shall have five (5) days to effect the removal of any such retained interest.
Appears in 1 contract
Samples: Construction Loan Agreement (Fair Isaac & Company Inc)
Prohibited Contracts. Without Lender's ’s prior written consent, which -------------------- consent shall not be unreasonably withheld or delayed, no Borrower shall not contract for any materials, furnishings, equipment, fixtures or other parts or components of the Work, or other property for the use or occupancy of the Property or Construction Improvements, if any third party retains or purports to shall retain any ownership interest (other than lien rights, if any, rights created by operation of law) in such items after their delivery to the a Construction Property. Such Borrower shall have five (5) days to effect the removal of any such retained interest.
Appears in 1 contract
Samples: Construction Loan Agreement (DC Industrial Liquidating Trust)
Prohibited Contracts. Without Lender's prior written consent, which Borrower -------------------- consent shall not be unreasonably withheld or delayed, Borrower shall not contract for any materials, furnishings, equipment, fixtures or other parts or components of the Work, or other property for the use or occupancy of the Property or Improvements, if any third party retains or purports to shall retain any ownership interest (other than lien rights, if any, rights created by operation of law) in such items after their delivery to the PropertyProperty and Improvements. Borrower shall have five (5) days to effect the removal of any such retained interest.
Appears in 1 contract
Prohibited Contracts. Without Lender's ’s prior written consent, which -------------------- consent shall not be unreasonably withheld or delayed, Borrower shall not contract for any materials, furnishings, equipment, fixtures or other parts or components of the Work, Houses or other property for the use or occupancy of the Property or A&D Improvements, if any third party retains or purports to shall retain any ownership interest (other than lien rights, if any, rights created by operation of law) in such items after their delivery to the PropertyLot and/or Land. Borrower shall have five (5) days to effect the removal of any such retained interest.
Appears in 1 contract
Samples: Loan Agreement (LGI Homes, Inc.)
Prohibited Contracts. Without Lender's ’s prior written consent, which -------------------- consent shall not be unreasonably withheld or delayed, Borrower shall not contract for any materials, furnishings, equipment, fixtures or other parts or components of the Work, Borrower Improvements or any other property for the use or occupancy of the Property or Improvements, if any third party retains or purports to shall retain any ownership interest (other than lien rights, if any, created by operation of law) in such items after their delivery to the Property. Borrower shall have five (5) days to effect the removal of any such retained interest.
Appears in 1 contract
Samples: Loan Agreement (Behringer Harvard Opportunity REIT II, Inc.)
Prohibited Contracts. Without Lender's prior written consent, which Borrower -------------------- consent shall not be unreasonably withheld or delayed, Borrower shall not contract for any materials, furnishings, equipment, fixtures or other parts or components of the Work, or other property for the use or occupancy of the Property or Improvements, if any third party retains or purports to shall retain any ownership interest (other than lien rights, if any, rights created by operation of law) in such items after their delivery to the PropertyProperty and Improvements. Borrower shall have five (5) days to effect the removal of any such retained interest. 4.11
Appears in 1 contract
