{"component": "clause", "props": {"groups": [{"size": 61, "snippet_links": [{"key": "expenses-of", "type": "clause", "offset": [14, 25]}, {"key": "equipment-used", "type": "clause", "offset": [69, 83]}, {"key": "the-construction", "type": "clause", "offset": [87, 103]}, {"key": "repair-of", "type": "clause", "offset": [119, 128]}, {"key": "the-improvements", "type": "clause", "offset": [129, 145]}, {"key": "due-and-payable", "type": "clause", "offset": [167, 182]}, {"key": "paid-in-full", "type": "clause", "offset": [194, 206]}, {"key": "to-borrower", "type": "definition", "offset": [208, 219]}, {"key": "payment-for-work", "type": "clause", "offset": [257, 273]}, {"key": "the-properties", "type": "definition", "offset": [304, 318]}, {"key": "prior-to", "type": "definition", "offset": [350, 358]}, {"key": "equal-priority", "type": "clause", "offset": [366, 380]}, {"key": "created-by", "type": "definition", "offset": [397, 407]}, {"key": "the-loan-documents", "type": "clause", "offset": [408, 426]}, {"key": "mortgage-loan-documents", "type": "clause", "offset": [434, 457]}], "samples": [{"hash": "iXCUWBQUnST", "uri": "/contracts/iXCUWBQUnST#construction-expenses", "label": "Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)", "score": 29.462696783, "published": true}, {"hash": "hDcEJRRFBCi", "uri": "/contracts/hDcEJRRFBCi#construction-expenses", "label": "Junior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)", "score": 29.462696783, "published": true}, {"hash": "gZAXJfk1TcP", "uri": "/contracts/gZAXJfk1TcP#construction-expenses", "label": "Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)", "score": 29.462696783, "published": true}], "snippet": "All costs and expenses of any and all labor, materials, supplies and equipment used in the construction maintenance or repair of the Improvements (which are currently due and payable) have been paid in full. To Borrower\u2019s knowledge, there are no claims for payment for work, labor or materials affecting the Properties which are or may become a lien prior to, or of equal priority with, the Liens created by the Loan Documents or the Mortgage Loan Documents.", "hash": "0ffba419ba3f41bba49650e0028f02b4", "id": 1}, {"size": 5, "snippet_links": [], "samples": [{"hash": "iN8DpCMBu87", "uri": "/contracts/iN8DpCMBu87#construction-expenses", "label": "Loan Agreement (Corporate Property Associates 15 Inc)", "score": 18.0, "published": true}, {"hash": "hbrgLSwjMzI", "uri": "/contracts/hbrgLSwjMzI#construction-expenses", "label": "Loan Agreement (Corporate Property Associates 16 Global Inc)", "score": 18.0, "published": true}], "snippet": "50 Section 4.30", "hash": "1a7c16dad6d610f7054c71716b479cc6", "id": 2}, {"size": 4, "snippet_links": [{"key": "personal-property", "type": "clause", "offset": [17, 34]}, {"key": "permitted-encumbrances", "type": "definition", "offset": [225, 247]}, {"key": "federal-reserve-regulations", "type": "clause", "offset": [329, 356]}, {"key": "investment-company-act", "type": "definition", "offset": [433, 455]}, {"key": "reciprocal-easement-agreements", "type": "definition", "offset": [537, 567]}, {"key": "no-change-in-facts-or-circumstances", "type": "clause", "offset": [641, 676]}, {"key": "intellectual-property", "type": "definition", "offset": [745, 766]}, {"key": "embargoed-person", "type": "definition", "offset": [953, 969]}, {"key": "patriot-act", "type": "definition", "offset": [1057, 1068]}, {"key": "ground-lease-representations", "type": "clause", "offset": [1161, 1189]}, {"key": "operating-lease-representations", "type": "clause", "offset": [1265, 1296]}], "samples": [{"hash": "665L5sHvKdP", "uri": "/contracts/665L5sHvKdP#construction-expenses", "label": "Loan Agreement (Manufactured Home Communities Inc)", "score": 18.0, "published": true}], "snippet": "34 SECTION 4.30. PERSONAL PROPERTY..................................................................... 35 SECTION 4.31. TAXES................................................................................. 35 SECTION 4.32. PERMITTED ENCUMBRANCES................................................................ 35 SECTION 4.33. FEDERAL RESERVE REGULATIONS........................................................... 35 SECTION 4.34. INVESTMENT COMPANY ACT................................................................ 35 SECTION 4.35. RECIPROCAL EASEMENT AGREEMENTS........................................................ 36 SECTION 4.36. NO CHANGE IN FACTS OR CIRCUMSTANCES; DISCLOSURE....................................... 36 SECTION 4.37. INTELLECTUAL PROPERTY................................................................. 37 SECTION 4.38. SURVEY................................................................................ 37 SECTION 4.39. EMBARGOED PERSON...................................................................... 37 SECTION 4.40. PATRIOT ACT........................................................................... 37 SECTION 4.41. GROUND LEASE REPRESENTATIONS.......................................................... 38 SECTION 4.42. OPERATING LEASE REPRESENTATIONS....................................................... 38 SECTION 4.43. SURVIVAL.............................................................................. 38", "hash": "10a7ffdd863991452e0bbf077238d097", "id": 3}, {"size": 3, "snippet_links": [{"key": "expenses-of", "type": "clause", "offset": [14, 25]}, {"key": "equipment-used", "type": "clause", "offset": [69, 83]}, {"key": "the-construction", "type": "clause", "offset": [87, 103]}, {"key": "repair-of", "type": "clause", "offset": [119, 128]}, {"key": "the-improvements", "type": "clause", "offset": [129, 145]}, {"key": "paid-in-full", "type": "clause", "offset": [156, 168]}, {"key": "to-the-extent", "type": "clause", "offset": [172, 185]}, {"key": "the-property", "type": "clause", "offset": [246, 258]}, {"key": "title-insurance-policy", "type": "definition", "offset": [264, 286]}, {"key": "with-respect-to", "type": "clause", "offset": [338, 353]}, {"key": "to-borrower", "type": "definition", "offset": [365, 376]}, {"key": "due-inquiry", "type": "definition", "offset": [395, 406]}, {"key": "payment-for-work", "type": "clause", "offset": [432, 448]}, {"key": "prior-to", "type": "definition", "offset": [523, 531]}, {"key": "equal-priority", "type": "clause", "offset": [539, 553]}, {"key": "created-by", "type": "definition", "offset": [570, 580]}, {"key": "the-loan-documents", "type": "clause", "offset": [581, 599]}], "samples": [{"hash": "mn5ofsZwmV", "uri": "/contracts/mn5ofsZwmV#construction-expenses", "label": "Loan Agreement (Manufactured Home Communities Inc)", "score": 18.0, "published": true}, {"hash": "665L5sHvKdP", "uri": "/contracts/665L5sHvKdP#construction-expenses", "label": "Loan Agreement (Manufactured Home Communities Inc)", "score": 18.0, "published": true}, {"hash": "5lpCQKu3vnG", "uri": "/contracts/5lpCQKu3vnG#construction-expenses", "label": "Loan Agreement (Manufactured Home Communities Inc)", "score": 18.0, "published": true}], "snippet": "All costs and expenses of any and all labor, materials, supplies and equipment used in the construction maintenance or repair of the Improvements have been paid in full or to the extent any such costs and expenses have resulted in a Lien against the Property, the Title Insurance Policy provides Lender satisfactory affirmative insurance with respect to such Lien. 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To Borrower\u2019s knowledge, there are no claims for payment for work, labor or materials affecting the Properties which are or may become a lien prior to, or of equal priority with, the Liens created by the Loan Documents, the Mezzanine A Loan Documents, the Mezzanine B Loan Documents, the Mezzanine C Loan Documents and the Mortgage Loan Documents.", "hash": "34a2523890014ff94a83a79c552a45db", "id": 5}, {"size": 3, "snippet_links": [{"key": "to-borrower", "type": "definition", "offset": [0, 11]}, {"key": "expenses-of", "type": "clause", "offset": [39, 50]}, {"key": "equipment-used", "type": "clause", "offset": [94, 108]}, {"key": "the-construction", "type": "clause", "offset": [112, 128]}, {"key": "repair-of", "type": "clause", "offset": [144, 153]}, {"key": "the-improvements", "type": "clause", "offset": [154, 170]}, {"key": "loan-property", "type": "clause", "offset": [201, 214]}, {"key": "paid-in-full", "type": "clause", "offset": [225, 237]}, {"key": "on-schedule", "type": "definition", "offset": [258, 269]}, {"key": "payment-for-work", "type": "clause", "offset": [340, 356]}, {"key": "prior-to", "type": "definition", "offset": [451, 459]}, {"key": "equal-priority", "type": "clause", "offset": [467, 481]}, {"key": "created-by", "type": "definition", "offset": [498, 508]}, {"key": "the-loan-documents", "type": "clause", "offset": [509, 527]}, {"key": "senior-mezzanine-loan-documents", "type": "definition", "offset": [533, 564]}, {"key": "mortgage-loan-documents", "type": "clause", "offset": [576, 599]}, {"key": "the-applicable", "type": "clause", "offset": [654, 668]}, {"key": "title-insurance-policy", "type": "definition", "offset": [669, 691]}], "samples": [{"hash": "eWiDEA7k6hv", "uri": "/contracts/eWiDEA7k6hv#construction-expenses", "label": "Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)", "score": 23.1574264203, "published": true}], "snippet": "To Borrower\u2019s knowledge, all costs and expenses of any and all labor, materials, supplies and equipment used in the construction maintenance or repair of the Improvements located on the CIGNA Mortgage Loan Property have been paid in full except as disclosed on Schedule XIV attached hereto. To Borrower\u2019s knowledge, there are no claims for payment for work, labor or materials affecting the CIGNA Mortgage Loan Property which are or may become a lien prior to, or of equal priority with, the Liens created by the Loan Documents, the Senior Mezzanine Loan Documents and/or the Mortgage Loan Documents except those which have been insured over pursuant to the applicable Title Insurance Policy.", "hash": "fcc95190373fbb6fc87e11627835ba3c", "id": 6}, {"size": 2, "snippet_links": [{"key": "personal-property", "type": "clause", "offset": [14, 31]}], "samples": [{"hash": "jsttLyQD8mN", "uri": "/contracts/jsttLyQD8mN#construction-expenses", "label": "Loan Agreement (MVP REIT, Inc.)", "score": 26.0308008214, "published": true}, {"hash": "foFOPCrG3AT", "uri": "/contracts/foFOPCrG3AT#construction-expenses", "label": "Loan Agreement (MVP REIT II, Inc.)", "score": 26.0308008214, "published": true}], "snippet": "Section 4.30. Personal Property Section 4.31. 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To Borrower's knowledge after due inquiry, there are no claims for payment for work, labor or materials affecting the Properties which are or may become a Lien prior to, or of equal priority with, the Liens created by the Loan Documents.", "hash": "e9d9182eec2e0105356aa04373cf1c70", "id": 9}, {"size": 2, "snippet_links": [{"key": "the-loan-parties", "type": "definition", "offset": [3, 19]}, {"key": "expenses-of", "type": "clause", "offset": [46, 57]}, {"key": "equipment-used", "type": "clause", "offset": [101, 115]}, {"key": "the-construction", "type": "clause", "offset": [119, 135]}, {"key": "repair-of-improvements", "type": "clause", "offset": [139, 161]}, {"key": "eligible-property", "type": "definition", "offset": [170, 187]}, {"key": "paid-in-full", "type": "clause", "offset": [198, 210]}, {"key": "no-liens", "type": "clause", "offset": [244, 252]}, {"key": "payment-for-work", "type": "clause", "offset": [257, 273]}], "samples": [{"hash": "fQMyx1gQp6r", "uri": "/contracts/fQMyx1gQp6r#construction-expenses", "label": "Credit Agreement (Amerco /Nv/)", "score": 24.5975359343, "published": true}], "snippet": "To the Loan Parties\u2019 knowledge, all costs and expenses of any and all labor, materials, supplies and equipment used in the construction or repair of improvements on each Eligible Property have been paid in full. To the Loan Parties\u2019 knowledge, no Liens for payment for work, labor or materials affecting such Eligible Property have been filed.", "hash": "0149db4f0f051a1f6e8d337c16cf9b9d", "id": 10}], "next_curs": "Cl4SWGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjoLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih5jb25zdHJ1Y3Rpb24tZXhwZW5zZXMjMDAwMDAwMGEMogECZW4YACAA", "clause": {"size": 88, "parents": [["representations-and-warranties", "REPRESENTATIONS AND WARRANTIES"], ["secondary-market", "SECONDARY MARKET"], ["notices", "Notices"], ["property-releases", "Property Releases"], ["eligible-properties", "Eligible Properties"]], "title": "Construction Expenses", "children": [], "id": "construction-expenses", "related": [["collection-expenses", "Collection Expenses", "Collection Expenses"], ["acquisition-expenses", "Acquisition Expenses", "Acquisition Expenses"], ["relocation-expenses", "Relocation Expenses", "Relocation Expenses"], ["construction-costs", "Construction Costs", "Construction Costs"], ["litigation-expenses", "Litigation Expenses", "Litigation Expenses"]], "related_snippets": [], "updated": "2025-07-07T12:36:18+00:00", "also_ask": ["What cost categories must be explicitly included or excluded to avoid disputes?", "How can the clause allocate risk for cost overruns or unforeseen expenses?", "What negotiation leverage exists regarding payment timing and documentation requirements?", "How do courts interpret ambiguous construction expense provisions in similar contracts?", "What are the most common drafting pitfalls that lead to unenforceability or litigation?"], "drafting_tip": "Specify allowable construction expenses to prevent disputes; require detailed documentation to ensure transparency; allocate cost overruns to responsible parties to incentivize accurate budgeting.", "explanation": "The Construction Expenses clause defines which costs are considered part of the construction process and how these expenses are to be managed or reimbursed. It typically outlines categories such as labor, materials, equipment, permits, and subcontractor fees, and may specify procedures for submitting and approving expense claims. This clause ensures transparency and agreement on financial responsibilities, helping to prevent disputes over what costs are covered and how they are handled during the project."}, "json": true, "cursor": ""}}