Commencement and Completion of Construction. Borrower shall cause the Construction of the Improvements to be commenced and prosecuted in a good and workmanlike manner and shall cause the same to be completed in accordance with the Project Schedule and substantially in accordance with the Plans and Specifications.
Appears in 3 contracts
Samples: Loan Agreement (Cost Plus Inc/Ca/), Construction Loan Agreement (American Retirement Corp), Construction Loan Agreement (Campus Crest Communities, Inc.)
Commencement and Completion of Construction. Borrower shall cause the initial Construction of the Improvements (which are contemplated to be commenced on or before the Commencement Date pursuant to the Design/Build Agreement) to be commenced and prosecuted in a good and workmanlike manner on or before the Commencement Date and shall cause the same Construction of the Improvements to be completed in accordance with the Project Schedule Design/Build Agreement and PAL Lease and substantially in accordance with the Plans and SpecificationsSpecifications in full on or before the Final Project Completion Date.
Appears in 1 contract
Samples: Junior Loan Agreement (Behringer Harvard Opportunity REIT II, Inc.)
