Prosecution and Completion of Construction Sample Clauses

Prosecution and Completion of Construction. (i) Cause all work on the Conference Construction and, in the event Borrower commences the Beach Club Construction, the Beach Club Construction to proceed diligently and continuously, with sufficient workers employed and sufficient materials supplied for that purpose so that, subject to Force Majeure, Conference Substantial Completion and Beach Club Substantial Completion are achieved no later than the Conference Completion Date and, in the event Beach Club Construction is commenced, that Beach Club Substantial Completion occurs in a reasonably expeditious manner; (ii) Cause all construction work on the Conference Construction to be performed in accordance with the Conference Plans and Specifications (other than deviations therefrom that are immaterial individually or in the aggregate) and any and all construction work performed at the Real Property at any time to be in conformity with the Legal Requirements, the requirements of all insurers and fire underwriters, and with the requirements set forth herein and in the other Loan Documents; (iii) Cause all materials acquired or furnished in connection with the construction of the Conference Improvements but not affixed or incorporated into the Real Property to be stored under adequate safeguards to minimize the possibility of loss, theft, damage or commingling with other materials or projects; (iv) To the extent not already included in Requests for Conference Construction Disbursement, from time to time upon the request of Agent, deliver to Agent such certificates and other documentation evidencing that the Conference Construction is proceeding in accordance with the schedule set forth in the Conference Construction Contract and confirming the matters set forth in the preceding clauses (i) through (iii); and 51 (v) Cause all work on the golf course located on the Real Property to proceed diligently and continuously in accordance with the Capital Expenditure Plan previously approved by Agent in connection therewith.

Prosecution and Completion of Construction. 5.1.7.1. Continue construction of the Improvements after the date hereof and cause all work on the Project to proceed diligently and continuously, with sufficient workers employed and sufficient materials supplied for that purpose so that Completion of Construction is achieved no later than the Completion Date. 5.1.7.2. Cause all construction work to be performed in strict conformity with the Plans and Specifications, the Legal Requirements, the requirements of fire underwriters, and with the requirements set forth herein and in the other Loan Documents. 5.1.7.3. Cause all materials acquired or furnished in connection with the construction of the Improvements but not affixed or incorporated into the Project to be stored on the Land or at other locations approved by Lender in writing, in each case under adequate safeguards to minimize the possibility of loss, theft, damage or commingling with other materials or projects; provided that the foregoing shall not create any obligation on the part of Lender to advance funds in respect of such stored materials. 5.1.7.4. By the Completion Date, deliver to Lender a permanent and unconditional certificate of occupancy for the Project or its equivalent issued by the appropriate Governmental Authority and confirming that construction of the Improvements has been completed in accordance with all applicable Legal Requirements. 5.1.7.5. Notwithstanding the foregoing, in the event that construction is delayed at any time by changes ordered in the work (with the consent of Lender as set forth above), or by labor disputes, fire, unusually severe and adverse weather conditions, unavoidable casualties, or other causes beyond Borrower's control, then, upon Borrower's request in writing as set forth below, the Completion Date may be extended by Lender for such time, if any, as Lender in its sole discretion may determine is appropriate; provided, however, that notice of any event occasioning such a delay or request for extension of time, and setting forth an estimate by Borrower of the probable period of such delay, shall be made in writing to Lender not more than ten (10) days after the first commencement of the delay caused by such event; otherwise, Borrower shall have waived its right to request any such extension.