Examples of Inspecting Agent in a sentence
The authority herein conferred upon Xxxxxx, and any action taken by Xxxxxx, including, without limitation, actions to inspect the Project, to procure waivers or sworn statements, to approve contracts, and to approve Plans and Specifications, will be exercised and taken by Xxxxxx, the Inspecting Agent, and by Xxxxxx’s other advisors or representatives for their own protection only and may not be relied upon by Borrower or any other person for any purposes whatever.
The Inspecting Agent may be a third party or an employee of Lender.
Borrower shall cooperate with Xxxxxx’s Inspecting Agent to enable him to perform his functions hereunder and will promptly comply with Xxxxxx’s requirements and correct any defects regarding the construction of the Improvements or the progress thereof.
If required by Xxxxxx, Xxxxxx shall have received a final plan and cost review from the Inspecting Agent.
Borrower shall be responsible for all fees, costs and expenses of the Inspecting Agent.
If requested by Lender, Borrower will cooperate (and will cause the contractors to cooperate) with Lender in arranging for inspections of the progress of the construction of new improvements to the Project by Lender's Inspecting Agent, from time to time, and Borrower will cooperate (and will cause any managing agent to cooperate) with Lender in arranging for inspections, from time to time, of the Project by Lender and its Inspecting Agents.
The authority herein conferred upon Lender, and any action taken by Lender, including, without limitation, actions to inspect the Project, to procure waivers or sworn statements, to approve contracts, will be exercised and taken by Lender, the Inspecting Agent, and by Lender’s other advisors or representatives for their own protection only and may not be relied upon by Borrower or any other person for any purposes whatever.
The authority herein conferred upon Xxxxxx, and any action taken by Xxxxxx, including, without limitation, actions to inspect the Property, to procure waivers or sworn statements, to approve contracts, and to approve Plans and Specifications, will be exercised and taken by Xxxxxx, the Inspecting Agent, and by Xxxxxx’s other advisors or representatives for their own protection only and may not be relied upon by Borrower or any other Person for any purposes whatever.
Borrower will cooperate with Lender in arranging for inspections by Lender’s Inspecting Agent and other representatives of Lender of the progress of the construction from time to time.
It will, upon demand of Lender or its Inspecting Agent, promptly correct any (a) any material defect in the Improvements, (b) any material departure from the Plans or applicable Legal Requirements, or (c) any encroachment by any Improvements or structure on any building setback line, easement, property line or restricted area.