Common use of Soils Report Clause in Contracts

Soils Report. A soils report for the Land prepared by a soils engineer approved by the Lender, which report shall indicate that, based upon actual surface and subsurface examinations of the Land, the soils conditions are fully satisfactory for the proposed construction and operation of the Improvements in accordance with the Plans and Specifications.

Appears in 3 contracts

Samples: Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)

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Soils Report. A soils report for the Land prepared by a soils engineer approved by the LenderAgent, which report shall indicate that, based upon actual surface and subsurface examinations of the Land, the soils conditions are fully satisfactory for the proposed construction and operation of the Improvements in accordance with the Plans and Specifications.

Appears in 2 contracts

Samples: Credit Construction Loan Agreement (Wci Communities Inc), Credit Construction Loan Agreement (Wci Communities Inc)

Soils Report. A soils report for the Land prepared by a soils engineer approved by the LenderAgent, which report shall indicate that, based upon actual surface and subsurface examinations of the Land, the soils conditions are fully satisfactory for the proposed construction and operation of the Improvements in accordance with the Plans and Specifications.

Appears in 2 contracts

Samples: Construction Loan Agreement (Walden Residential Properties Inc), Construction Loan Agreement (Walden Residential Properties Inc)

Soils Report. A soils report for the Land prepared by a soils engineer reasonably approved by the LenderAgent, which report shall indicate that, based upon actual surface and subsurface examinations of the Land, the soils conditions are fully satisfactory for the proposed construction and operation of the Improvements in accordance with the Plans and Specifications.

Appears in 1 contract

Samples: Construction Loan Agreement (CNL Growth Properties, Inc.)

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Soils Report. A soils report for the Land prepared pre pared by a soils engineer approved by the Lender, which report shall indicate that, based upon actual surface and subsurface examinations of the Land, the soils conditions are fully satisfactory for the proposed construction use and operation of the Improvements in accordance with the Plans and SpecificationsImprovements.

Appears in 1 contract

Samples: Loan Agreement (Applied Science & Technology Inc)

Soils Report. A soils report for the Land prepared by a soils engineer approved by the Lenderengineer, which report shall indicate that, based upon actual surface and subsurface examinations of the Land, the soils conditions are fully satisfactory for the proposed construction and operation of the Improvements in accordance with the Plans and Specifications.

Appears in 1 contract

Samples: Revolving Credit Construction Loan Agreement (Wci Communities Inc)

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