Soils Test Sample Clauses
A Soils Test clause establishes the right for a party, typically a buyer or developer, to conduct tests on the soil of a property before finalizing a transaction. This clause allows for professional assessment of soil conditions to determine suitability for construction, environmental safety, or compliance with regulations. By including this provision, parties can identify potential issues such as contamination, instability, or other factors that could affect the property's intended use, thereby reducing the risk of unforeseen costs or liabilities.
Soils Test. Borrower shall have provided to Lender, and Lender shall have approved, a soils/hydrology test reports of the Existing Projects prepared by licensed engineers satisfactory to Lender showing the location of, and containing boring logs from, all borings, together with recommendations for the design of foundations.
Soils Test. Lender shall have received a report as to soil borings showing the Real Property to be suitable for construction of the Improvements and within forty-five (45) days of completion of the filling activities of the Project, shall provide soil compaction reports.
Soils Test. Borrower shall have provided to Administrative Agent, and Administrative Agent shall have approved, a soils/hydrology test report of the Project prepared by a licensed engineer satisfactory to Administrative Agent showing the location of, and containing boring logs from, all borings, together with recommendations for the design of foundations.
Soils Test. 49 Section 7.12 [INTENTIONALLY DELETED].......................49 Section 7.13 Copies of Permits, Licenses and Approvals.....................................49 Section 7.14 Availability of Utilities.....................50 Section 7.15 Plans and Specifications......................50 Section 7.16 Construction Contract.........................50 Section 7.17 Approvals of Governmental Authorities.........50 Section 7.18 Compliance with Governmental Requirements..................................50 Section 7.19 Certificates from General Contractor and Engineer..................................51 Section 7.20
Soils Test. If required by Majority Owner, Borrower shall have provided Majority Owner with test of the Property’s soil. This report, prepared by an engineering firm acceptable to Majority Owner must indicate that the soil conditions of the Property are sufficient to support the Project.
Soils Test. The Lender shall have been furnished soil compaction and percolation test report, which satisfies the Lender and the Construction Consultant, if any, that the soil conditions are satisfactory for the construction of the Improvements in accordance with the Budget;