Project Approvals. The Borrower will promptly obtain all Project approvals not heretofore obtained by the Borrower (including those listed and described on Exhibit “N” hereto and any other Project Approvals which may hereafter become required, necessary or desirable) and will furnish the Lender with evidence that the Borrower has obtained such Project Approvals promptly upon its request. The Borrower will give all such notices to, and take all such other actions with respect to, such Governmental Authority as may be required under applicable Requirements to construct the Improvements and to use, occupy and operate the Project following the completion of the construction of the Improvements. The Borrower will also promptly obtain all utility installations and connections required for the operation and servicing of the Project for its intended purposes, and will furnish the Lender with evidence thereof. The Borrower will duly perform and comply with all of the terms and conditions of all Project Approvals obtained at any time, including all Project Approvals listed and described on Exhibit “Q” hereto.
Appears in 2 contracts
Samples: Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)
Project Approvals. The Borrower will promptly obtain in the ordinary course of business all Project approvals Approvals not heretofore obtained by the Borrower (including being those listed and described on Exhibit “N” Part XII of the Project Schedules attached hereto as Exhibit A and any other Project Approvals which may hereafter hereafter become required, necessary required or desirablenecessary) and will furnish the Lender Agent with evidence that the Borrower has obtained such Project Approvals promptly upon its request. The Borrower will give all such notices to, and take all such other actions with respect to, such Governmental Authority as may be required under applicable Requirements to construct the Improvements and to use, occupy occupy, operate, and operate the Project sell Units following the completion of the construction of the Improvements. The Borrower will also promptly obtain in the ordinary course of business all utility installations and connections required for the operation and servicing of the Project Projects for its intended purposes, and will furnish the Lender Agent with evidence thereof. The Borrower will duly perform and comply with all of the terms and conditions of all Project Approvals obtained at any time, including all Project Approvals listed and described on in Parts XII and XIII of the Project Schedules attached hereto as Exhibit “Q” hereto.A.
Appears in 2 contracts
Samples: Revolving Credit Construction Loan Agreement (Wci Communities Inc), Revolving Credit Construction Loan Agreement (Wci Communities Inc)
Project Approvals. The Borrower will promptly obtain all Project approvals Approvals not heretofore obtained by the Borrower (including those listed and described on Exhibit “N” Schedule 8.22
(a) hereto and any other Project Approvals which may hereafter hereafter become required, necessary or desirable) and will furnish the Lender Agent with evidence that the Borrower has obtained such Project Approvals promptly upon its request. The Borrower will give all such notices to, and take all such other actions with respect to, such Governmental Authority as may be required under applicable Requirements to construct the Improvements and to use, occupy and operate the Project following the completion of the construction of the Improvements. The Borrower will also promptly obtain all utility installations and connections required for the operation and servicing of the Project for its intended purposes, and will furnish the Lender Agent with evidence thereof. The Borrower will duly perform and comply with all of the terms and conditions of all Project Approvals obtained at any time, including all Project Approvals listed and described on Exhibit “Q” Schedules 8.22(a) and 8.22(b) hereto.
Appears in 2 contracts
Samples: Construction Loan Agreement (Walden Residential Properties Inc), Construction Loan Agreement (Walden Residential Properties Inc)
Project Approvals. The Borrower and Guarantor will promptly obtain in the ordinary course of business all Project approvals Approvals not heretofore obtained by the Borrower (including being those listed and described on Exhibit “N” Part XII of the Project Schedules attached hereto as Exhibit A and any other Project Approvals which may hereafter hereafter become required, necessary required or desirablenecessary) and will furnish the Lender Agent with evidence that the Borrower or Guarantor has obtained such Project Approvals promptly upon its request. The Borrower and Guarantor will give all such notices to, and take all such other actions with respect to, such Governmental Authority as may be required under applicable Requirements to construct the Improvements and to use, occupy occupy, operate, and operate the Project sell Units following the completion of the construction of the Improvements. The Borrower and Guarantor will also promptly obtain in the ordinary course of business all utility installations and connections required for the operation and servicing of the Project Projects for its intended purposes, and will furnish the Lender Agent with evidence thereof. The Borrower and Guarantor will duly perform and comply with all of the terms and conditions of all Project Approvals obtained at any time, including all Project Approvals listed and described on in Parts XII and XIII of the Project Schedules attached hereto as Exhibit “Q” hereto.A.
Appears in 1 contract
Samples: Revolving Credit Construction Loan Agreement (Wci Communities Inc)
Project Approvals. The Borrower will promptly obtain all Project approvals not heretofore obtained by the Borrower (including those listed and described on Exhibit Exhibit “N” hereto and any other Project Approvals which may hereafter hereafter become required, necessary or desirable) and will furnish the Lender with evidence that the Borrower has obtained such Project Approvals promptly upon its request. The Borrower will give all such notices to, and take all such other actions with respect to, such Governmental Authority as may be required under applicable Requirements to construct the Improvements and to use, occupy and operate the Project following the completion of the construction of the Improvements. The Borrower will also promptly obtain all utility installations and connections required for the operation and servicing of the Project for its intended purposes, and will furnish the Lender with evidence thereof. The Borrower will duly perform and comply with all of the terms and conditions of all Project Approvals obtained at any time, including all Project Approvals listed and described on Exhibit “Q” hereto.
Appears in 1 contract
Samples: Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)