Common use of REVIEW OF DOCUMENTS; COMMITTEE APPROVAL Clause in Contracts

REVIEW OF DOCUMENTS; COMMITTEE APPROVAL. The Committee’s approval, review or modification of the certifications or other documents related to the Development is for the Committee’s internal purposes only. Any Committee review or approval specifically shall exclude any review for purposes of determining whether the reviewed documents comply with laws, ordinances, rules or regulations. By approving, reviewing, modifying or otherwise commenting on any of Borrower’s agreements and documents, the Committee shall not be deemed to make any express or implied warranty of the reviewed matters for any intended use or purpose. The scope and breadth of any review by the Committee is at the Committee’s sole discretion and cannot be relied upon, or deemed for the benefit of, any other party.

Appears in 4 contracts

Samples: Loan Agreement, HCD Backfill Loan Agreement, HCD Backfill Loan Agreement

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REVIEW OF DOCUMENTS; COMMITTEE APPROVAL. The Committee’s approval, review or modification of the certifications or other documents related to the Development is for the Committee’s internal purposes only. Any Committee review or approval specifically shall exclude any review for purposes of determining whether the reviewed documents comply with laws, ordinances, rules or regulations. By approving, reviewing, modifying or otherwise commenting on any of BorrowerGrantee’s agreements and documents, the Committee shall not be deemed to make any express or implied warranty of the reviewed matters for any intended use or purpose. The scope and breadth of any review by the Committee is at the Committee’s sole discretion and cannot be relied upon, or deemed for the benefit of, any other party.

Appears in 2 contracts

Samples: Conditional Grant Agreement, Conditional Grant Agreement

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