Common use of Construction Lender Clause in Contracts

Construction Lender. Delta-T understands that Owner is obtaining construction financing and that the financial institution providing such construction financing may have certain requirements and procedures for making progress and other payments to Delta-T. Delta-T agrees to cooperate with any and all reasonable requirements and procedures imposed by Owner's construction lender.

Appears in 2 contracts

Sources: Engineering, Procurement and Construction Services Fixed Price Contract (Nedak Ethanol, LLC), Engineering, Procurement and Construction Services Contract (Nedak Ethanol, LLC)