Quality of Work. No Advance or any portion thereof shall be made with respect to defective work or to any contractor that has performed work that is defective and that has not been cured, as confirmed by the report of the Construction Consultant, but Lender may disburse all or part of any Advance before the sum shall become due if Lender believes it advisable to do so, and all such Advances or parts thereof shall be deemed to have been made pursuant to this Agreement.
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Samples: Project Loan Agreement (Acadia Realty Trust), Project Loan Agreement (Acadia Realty Trust), Building Loan Agreement (Acadia Realty Trust)
Quality of Work. No Advance or any portion thereof shall be made with respect to defective work or to any contractor that has performed work that is defective and that has not been cured, as confirmed by the report of the Construction Consultant, but Lender Lenders may disburse all or part of any Advance before the sum shall become due if Lender Agent believes it advisable to do so, and all such Advances or parts thereof shall be deemed to have been made pursuant to this Agreement.
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Quality of Work. No Advance or any portion thereof shall be made with respect to defective work or to any contractor that has performed work that is defective and that has not been cured, as confirmed by the report of the Construction Consultant, but Lender may disburse all or part of any Advance before the sum shall become due if Lender believes it advisable to do so, and all such Advances or parts thereof shall be deemed to have been made pursuant to this Agreement.. 2.1.12
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Samples: Project Loan Agreement
Quality of Work. No Additional Advance or any portion thereof shall be made with respect to defective work or to any contractor that has performed work that is defective and that has not been cured, as confirmed by the report of the Construction Consultant, but Lender may disburse all or part of any Additional Advance before the sum shall become due if Lender Lxxxxx believes it advisable to do so, and all such Additional Advances or parts thereof shall be deemed to have been made pursuant to this Agreement.
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Samples: Building Loan Agreement (ACRES Commercial Realty Corp.)
Quality of Work. (k) . No Advance or any portion thereof shall be made with respect to defective work or to any contractor that has performed work that is defective and that has not been cured, as confirmed by the report of the Construction Consultant, but Lender may disburse all or part of any Advance before the sum shall become due if Lender believes it advisable to do so, and all such Advances or parts thereof shall be deemed to have been made pursuant to this Agreement.
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Quality of Work. No Advance or any portion thereof shall be made with respect to defective work Work or materials or to any contractor Person that has performed work Work or supplied materials that is are defective and that has not been cured, as specified in and confirmed by the report of the Construction Consultant in its reasonable discretion after consultation with the Architect and the Developer Consultant; provided, but Lender however, that Lenders may disburse all or any part of any Advance before the sum shall become due any such cure if Lender Agent believes it advisable to do so, and all such Advances amounts or parts portions thereof shall be deemed to have been made pursuant to this Agreement.
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Quality of Work. No Advance or any portion thereof shall be made with respect to defective work or to any contractor that has performed work that is defective and that has not been cured, as confirmed by the report of the Construction ConsultantLender’s Inspector, but Lender may disburse all or part of any Advance before the sum shall become due if Lender believes it advisable to do so, and all such Advances or parts thereof shall be deemed to have been made pursuant to this Agreement.
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Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.)