Examples of Consulting Professional in a sentence
Upon final completion of the work performed by any contractor or subcontractor substantially in accordance with the Plans, as certified to Agent by the Construction Manager and confirmed by the Consulting Professional, Agent shall release that portion of the retention allocated to the work performed by such contractor or subcontractor in accordance with the Budget, provided that Agent shall have received a final lien waiver and sworn statement from such contractor or subcontractor.
Borrower shall furnish, or cause to be furnished, to the Consulting Professional as soon as available: (a) copies of all construction contracts and purchase orders entered into after the date hereof, (b) copies of contractor trade payment breakdowns and monthly job cost reports prepared by Borrower and the Construction Manager and (c) such other information as may be reasonably requested by the Consulting Professional in order to make reports to Agent as to the status of the Project.
The Improvements shall not have been materially damaged by fire or other casualty unless there shall have been received, by Lender or a person approved by Lender, insurance proceeds sufficient in the sole judgment of Lender and the Consulting Professional, to effect satisfactory restoration and completion of the Improvements on or before the Outside Completion Date.
Upon reasonable prior notice and at reasonable times, Borrower shall make its representatives available for Agent or the Consulting Professional and any designated representative of either, to discuss Borrower's affairs, finances and accounts relating to the Project and the construction of the Improvements and Borrower will cooperate, and cause the Construction Manager to cooperate, with Agent and the Consulting Professional and any designated representative of either of them.
Borrower shall have provided evidence reasonably satisfactory to Agent and the Consulting Professional that the Construction Manager and all subcontractors which are required pursuant to the terms of the relevant Construction Documents or subcontracts to procure payment and performance bonds have procured such bonds in form and substance as required by such Construction Documents.
To the extent not previously delivered to Agent, Borrower shall have provided evidence reasonably satisfactory to Agent and the Consulting Professional that the Construction Manager and all subcontractors which are required in accordance with the terms of the relevant Construction Documents or subcontracts to procure payment and performance bonds have procured such bonds in form and substance as required by such Construction Documents.
Upon request by Agent, Borrower shall furnish or cause to be furnished to the Consulting Professional, copies of all testing and quality control reports and Architect's field reports prepared for and delivered to Borrower.
The Improvements shall not have been materially damaged by fire or other casualty unless there shall have been received by Agent or a person approved by Agent, or unless the relevant insurance company shall have confirmed coverage for such casualty and committed to disburse, insurance proceeds sufficient in the sole judgment of Agent and the Consulting Professional, to effect satisfactory restoration and completion of the Improvements on or before the Outside Completion Date.
The Partnership shall at all times cause a complete set of the original plans (and all supplements thereto) relating to the Project to be maintained at the Facility and available for inspection by the Consulting Professional and any Financing Party.
The Required Projections shall be prepared in such detail and based upon such assumptions as shall be satisfactory to the Banks (after consultation with the Consulting Professional).