The Architect’s Contract Clause Samples

The Architect’s Contract. The Architect’s Contract in form and substance satisfactory to Lender, shall have been duly executed and delivered by the parties thereto, shall be in full force and effect and Lender shall have received a certified copy or a fully executed duplicate original thereof. Borrower’s Architect shall have duly executed and delivered to Lender a consent to the assignment of the Architect’s Contract, in form and substance satisfactory to Lender, and Lender shall have received a certified copy or a fully executed duplicate original thereof. If Borrower’s Architect consists of more than one Person, then each such Person shall deliver a consent to the assignment of the Architect’s Contract in form and substance satisfactory to Lender, and Lender shall have received a certified copy or a fully executed duplicate original thereof. All Other Design Professionals shall deliver a consent to the assignment to each of their Contracts, in form and substance satisfactory to Lender, and Lender shall have received a certified copy or a fully executed duplicate original of each such Contract.