Inspecting Person definition

Inspecting Person. A Person designated by Lender from time to time who may inspect the Improvements from time to time for the benefit of Lender.
Sample 1Sample 2
Inspecting Person means a representative of CD Construction Consulting or another inspecting architect engaged by Lender who will, from time to time, inspect the Improvements for the benefit of Lender. Interest Reserve shall mean an initial amount of the Loan of up to $2,834,597 from which Borrower may request Advances to pay interest on the Loan which shall accrue pursuant to the terms of this Agreement.
Sample 1
Inspecting Person. Xxxxx Xxxxxxxxx of AECC will from time to time inspect the Phase II Improvements and the development of Phase II Improvements for the benefit of Lender.
Sample 1

Examples of Inspecting Person in a sentence

  • Borrower will permit Lender, the Inspecting Person and their representative to enter the Mortgaged Property for the purposes of inspecting same.

  • The purposes for which Loan proceeds are allocated and the respective amounts of such Allocations are set forth in the Budget, which Advances shall be limited to the value of the work in place as determined by the Inspecting Person.

  • Borrower acknowledges that the duties of the Inspecting Person run solely to Lender and that the Inspecting Person shall have no obligations or responsibilities whatsoever to Borrower, Contractor, the Design Professional, or to any of Borrower’s or Contractor’s agents, employees, contractors or subcontractors.

  • Borrower will pay the fees and expenses of, and cooperate, with the Inspecting Person and will cause the Design Professional, the Contractor, each contractor and subcontractor and the employees of each of them to cooperate with the Inspecting Person and, upon request, will furnish the Inspecting Person whatever the Inspecting Person may consider necessary or useful in connection with the performance of the Inspecting Person’s duties.

  • The Site Agent will be expected to comply with any requirements stipulated by the Inspecting Person immediately (where practicable).

  • Borrower acknowledges that the duties of the Inspecting Person run solely to Lender and that the Inspecting Person shall have no obligations or responsibilities whatsoever to Borrower, Contractor, the Design Professional, or to any of Borrower's or Contractor's agents, employees, contractors or subcontractors.

  • Borrower will pay the reasonable fees and expenses and cooperate with the Inspecting Person and will cause Borrower's employees, agents and subcontractors to cooperate with the Inspecting Person; provided, however, Borrower shall be required to reimburse Lender for the cost of no more than one inspection a month.

  • An architect or other person (the "Inspecting Person") approved by Lender shall inspect the Improvements for the benefit of Lender at such times as Lender desires.

  • Borrower will pay the fees and expenses of, and cooperate, with the Inspecting Person and will cause the Design Professional, the Contractor, each contractor and subcontractor and the employees of each of them to cooperate with the Inspecting Person and, upon request, will furnish the Inspecting Person whatever the Inspecting Person may consider necessary or useful in connection with the performance of the Inspecting Person's duties.

  • Borrower will permit Lender, the Inspecting Person and their representative to enter the Mortgaged Property for the purposes of inspecting same and Borrower specifically agrees that the Inspecting Person's inspection rights shall cover both the Phase I and Phase II Improvements.


More Definitions of Inspecting Person

Inspecting Person. A representative of CD Construction Consulting or another inspecting architect engaged by Lender who will, from time to time, inspect the Improvements for the benefit of Lender.
Sample 1Sample 2
Inspecting Person means a Person designated by PE Member from time to time who may inspect, at the cost of the Common Member, the Improvements from time to time for the benefit of PE Member, in either case, provided, however, any Inspecting Person shall be a professional with substantial experience in construction projects similar in nature to the Improvements who shall not be an Affiliate of PE Member.
Sample 1
Inspecting Person means a person designated by Bank from time to time who may inspect the Calera Court Houses from time to time for the sole benefit of Bank.
Sample 1
Inspecting Person. Either the “Construction Consultant” as defined in the Underlying Loan Agreement or, upon the occurrence and during the continuance of an Event of Default, a Person designated by Lender from time to time who may inspect the Land and the Improvements from time to time for the benefit of Lender.
Sample 1
Inspecting Person means a third party designated by Agent from time to time who may inspect the Improvements from time to time for the benefit of Agent and Lenders.
Sample 1

Related to Inspecting Person

  • Inspecting Agency means the agencies nominated and authorized by the competent authority for inspecting the material at the works of the supplier or at the designated place of inspection prescribed by the purchasing authority.

  • Inspecting Authority means the authorised representative of the Department to act as Inspecting Authority for the purpose of this contract and for the purpose of ascertaining the progress of the deliveries under the contract.

  • Initial inspection means the first on-site inspection of facilities to verify declarations submitted pursuant to Articles III, IV, V and VI and this Annex.

  • Inspecting Officer means any officer as mentioned below corresponding to different departments:

  • Inspect means the ability to review and copy a CIF to the same extent as any other document contained in a court file.

  • Independent Person means a person appointed under section 28(7) of the 2011 Act;

  • The Inspecting Officer means the person specified in the contract for the purpose of Inspection of stores or work under the contract and includes his authorised representative;

  • Inspection means activities such as measuring, examining, testing, gauging one or more characteristics of the product or service and comparing the same with the specified requirement to determine conformity.

  • Independent representative means a person who:

  • Controlling Person With respect to any Person, any other Person who “controls” such Person within the meaning of the Securities Act.

  • Requesting Person shall have the meaning set forth in Section 25 hereof.

  • Contracting Party shall have the meaning designated in the preamble to Section 5.2 hereof.

  • Special inspector means an inspector holding a Washington commission identified under RCW 70.79.130.

  • Controlling Persons means the natural persons who exercise control over an Entity. In the case of a trust, such term means the settlor, the trustees, the protector (if any), the beneficiaries or class of beneficiaries, and any other natural person exercising ultimate effective control over the trust, and in the case of a legal arrangement other than a trust, such term means persons in equivalent or similar positions. The term “Controlling Persons” shall be interpreted in a manner consistent with the Financial Action Task Force Recommendations.

  • Collecting Society/ies means a society for the protection of intellectual property or collection of royalties and similar consideration for the use of any intellectual property rights in any jurisdiction(s) in the World (including any ‘collecting society’ established under the Copyright Act 98 of 1978, as amended).

  • Final Inspection means the process and procedure described in UGC Section 12.

  • Authority’s Representative means the individual authorised to act on behalf of the Authority for the purposes of the Contract.

  • Buyer’s Representatives means Buyer, any direct or indirect owner of any beneficial interest in Buyer, and any officers, directors, employees, agents, representatives and attorneys of Buyer or any such direct or indirect owner of any beneficial interest in Buyer.

  • Procurement Representative means the person authorized by ULA’s cognizant procurement organization to administer and/or execute this Contract.

  • Instructing Party shall have the meaning assigned to such term in Section 6.3(a).

  • Contracting Parties has the meaning set forth in Section 9.14.

  • Contractor’s Representative means the individual authorised to act on behalf of the Contractor for the purposes of the Contract. The initial Contractor’s representative is as indicated in the Form of Agreement.

  • Proposing Person means (1) the Record Stockholder providing the notice of business proposed to be brought before an annual meeting or nomination of persons for election to the Board at a stockholder meeting, (2) the beneficial owner or beneficial owners, if different, on whose behalf the notice of business proposed to be brought before the annual meeting or nomination of persons for election to the Board at a stockholder meeting is made, and (3) any Associated Person on whose behalf the notice of business proposed to be brought before the annual meeting or nomination of persons for election to the Board at a stockholder meeting is made;

  • Independent Auditor has the meaning specified in Section 6.01(a).

  • Inspections has the meaning set forth in Section 4.1.2.

  • Audited Party means the Party being audited by the Auditing Party.