Physical Condition Report means the report(s) regarding the physical inspection of the Land and Improvements listed on Schedule 1.1(B).

Physical Condition Report means a report prepared by a company satisfactory to Lender regarding the physical condition of the Property, satisfactory in form and substance to Lender in its sole discretion, which report shall, among other things, (i) confirm that the Property and its use comply, in all material respects, with all applicable Legal Requirements (including zoning, subdivision and building laws), and (ii) include a copy of a final certificate of occupancy with respect to all Improvements.

Physical Condition Report means, with respect to each Collateral Property, a structural engineering report prepared by a company satisfactory to Administrative Agent regarding the physical condition of such Collateral Property, satisfactory in form and substance to Administrative Agent in its reasonable discretion, which report shall, among other things, (a) confirm that such Collateral Property and its use complies, in all material respects, with all applicable Legal Requirements (including, without limitation, zoning, subdivision and building laws) and (b) include a copy of a final certificate of occupancy with respect to all Improvements on such Collateral Property.

Examples of Physical Condition Report in a sentence

To demonstrate Lessee’s compliance with obligations and requirements of this Lease, Lessee shall, at its sole cost and expense, provide a Final Physical Condition Report and the EBS Reports (each as herein after defined and collectively referred to as, the “Closeout Reports”).
To demonstrate Tenant’s compliance with obligations and requirements of this Lease, Tenant shall, at its sole cost and expense, provide a Final Physical Condition Report and the EBS Reports (each as herein after defined and collectively referred to as, the “Closeout Reports”).
The Physical Condition Report will be used by AFRH to determine whether Lessee has fulfilled its obligations to maintain and restore the Leased Premises under this Lease including, without limitation, Article X and Article XII.
A Physical Condition Report for the Leased Premises will be prepared by Developer and signed by the Parties within ten (10) days after the expiration or earlier termination of the Lease.
Disaggregated findings by programmatic subgroups (including major and school).

More Definitions of Physical Condition Report

Physical Condition Report means, with respect to each Individual Property, a structural engineering report prepared and delivered in connection with the Loan regarding the physical condition of such Individual Property.

Physical Condition Report means the report(s) regarding the physical inspection of the Land and Improvements listed on Schedule 1.1(H).

Physical Condition Report means the report prepared by the Developer after the expiration or earlier termination of the Lease used by AFRH to determine whether Xxxxxx has fulfilled its obligations to maintain and restore the Leased Premises under this Lease.

Physical Condition Report means that certain physical condition report set forth on Schedule VII hereto.

Physical Condition Report means that certain proper report prepared by CBRE, Inc. – Assessment and Consulting Services and dated April 6, 2017 in favor of Lender in connection with the closing of the Loan.

Physical Condition Report means, with respect to each Individual Property, a report prepared by a company reasonably satisfactory to Lender regarding the physical conditions of such Individual Property, in form and substance reasonably satisfactory to Lender and consistent with Lender’s then underwriting criteria.