Common use of Changes to the Plans Clause in Contracts

Changes to the Plans. Without the Administrative Agent's prior written consent, which consent shall not to be unreasonably withheld, change or modify the Plans, undertake any construction on the Land except as shown in the Plans, agree to any change order, or allow any extras to any contractor or any subcontractor, except Permitted Changes. The Administrative Agent shall not be obligated to review a proposed change which requires the Administrative Agent's consent unless it has received all documents necessary to review such change, including the change order, cost estimates, plans and specifications, and evidence that all approvals by all applicable parties have been obtained. The Administrative Agent shall furnish the Lenders with timely written notice of any change to the Plans consented to by the Administrative Agent.

Appears in 4 contracts

Samples: Loan Agreement (Medcath Corp), Loan Agreement (Medcath Corp), Loan Agreement (Medcath Corp)

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