Common use of Scheduled Start of Construction Clause in Contracts

Scheduled Start of Construction. A. Work under this agreement will begin within 1 Calendar Days after the following contingencies have been met. 1. Complete Plans and Specifications have been approved and initialed by both Owner and Contractor. 2. Owner has obtained a construction loan or other financing acceptable to Contractor. 3. Owner has obtained all architectural approvals from subdivision or neighborhood authorities. 4. Owner has furnished Contractor with evidence of ownership of the property satisfactory to Contractor. 5. All appropriate building permits have been issued. 6. Contractor has received written notice from the lien holder or the title company insuring xxxx xxxxxx'x security interest in the property that all documents required to be recorded prior to the commencement of construction have been properly recorded. 7. The contract has been signed by Owner and Contractor.