Common use of Correction of Construction Defects Clause in Contracts

Correction of Construction Defects. Promptly following any demand by Lender, Borrower shall correct or cause the correction of any structural defects in the Improvements, any work that fails to comply with the requirements of Section 4.4 and any material departures or deviations from the Plans and Specifications not approved in writing by Lender.

Appears in 5 contracts

Samples: Master Agreement, Construction Loan Agreement, Construction Loan Agreement (Campus Crest Communities, Inc.)

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Correction of Construction Defects. Promptly following any demand by LenderXxxxxx, Borrower shall correct or cause the correction of any structural defects in the Improvements, any work that fails to comply with the requirements of Section 4.4 4.3 and any material departures or deviations from the Plans and Specifications not approved in writing by Lender.

Appears in 2 contracts

Samples: Construction Loan Agreement, Construction Loan Agreement

Correction of Construction Defects. Promptly following any demand by LenderXxxxxx, Borrower shall correct or cause the correction of any known structural defects in the Improvements, any work not of good quality, any work that fails to comply with the requirements of Section 4.4 and any material departures or deviations from the Plans and Specifications not approved in writing by Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (4Front Ventures Corp.), Loan and Security Agreement

Correction of Construction Defects. Promptly following any demand by the Lender, the Borrower shall will correct or cause the correction of any structural defects in the Improvements, any work that fails to comply with the requirements of Section 4.4 Improvements and any material departures or deviations from the Plans and Specifications not previously approved in writing by the Lender.

Appears in 1 contract

Samples: Loan Agreement (Comstock Holding Companies, Inc.)

Correction of Construction Defects. Promptly following any demand by LenderXxxxxx, Borrower shall correct or cause the correction of any structural defects in the Improvements, any work that fails to comply with the requirements of Section 4.4 and any material departures or deviations from the Plans and Specifications not approved in writing by LenderXxxxxx.

Appears in 1 contract

Samples: Construction Loan Agreement

Correction of Construction Defects. Promptly following any demand by the Lender, the Borrower shall correct or cause the correction of any structural defects in the Improvements, any work that fails to comply with the requirements of Section 4.4 and any material departures or deviations from the Plans and Specifications not approved in writing by the Lender.

Appears in 1 contract

Samples: Construction Loan Agreement (HF Enterprises Inc.)

Correction of Construction Defects. Promptly following any demand by Lender, Borrower Borrowers shall correct or cause the correction of any structural defects in the Renovation Improvements, any work that fails to comply with the requirements of Section 4.4 this Agreement, and any material departures or deviations from the Plans and Specifications not approved in writing by Lender.

Appears in 1 contract

Samples: Loan Agreement (Emeritus Corp\wa\)

Correction of Construction Defects. Promptly following any written demand by Lender, Borrower shall correct or cause the correction of any structural defects in the ImprovementsImprovements to be constructed in accordance with the Plans and Specifications, any work that fails to comply with the requirements of Section 4.4 and any material departures or deviations from the Plans and Specifications not approved in writing by LenderSpecifications.

Appears in 1 contract

Samples: Junior Loan Agreement (Behringer Harvard Opportunity REIT II, Inc.)

Correction of Construction Defects. Promptly following any demand by Lender, Borrower shall correct or cause the correction of any structural defects in the Improvements, any work that fails to comply with the requirements of Section 4.4 4.3 and any material departures or deviations from the Plans and Specifications not approved in writing by Lender.

Appears in 1 contract

Samples: Construction Loan Agreement

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Correction of Construction Defects. Promptly following any demand by Lender, Borrower shall correct or cause the correction of any structural defects in the Improvements, any work that fails to comply with the requirements of Section 4.4 Improvements and any material departures or deviations from the Plans and Specifications not approved in writing by Lender.

Appears in 1 contract

Samples: Construction Loan Agreement

Correction of Construction Defects. Promptly following any demand by Lender, Borrower shall correct or cause the correction of any structural defects in the Improvements, Improvements and any work that fails to comply with the requirements of Section 4.4 and any material departures or deviations from the Plans and Specifications not approved in writing by Lender4.4.

Appears in 1 contract

Samples: Loan Agreement (Cost Plus Inc/Ca/)

Correction of Construction Defects. Promptly following any demand by Lender, Borrower shall correct or cause the correction of any known structural defects in the Improvements, any work not of good quality, any work that fails to comply with the requirements of Section 4.4 and any material departures or deviations from the Plans and Specifications not approved in writing by Lender.

Appears in 1 contract

Samples: Loan and Security Agreement

Correction of Construction Defects. Promptly following any demand by Lender, Borrower shall correct or cause the correction of any known structural defects in the Improvements, any work not of good quality, any work that fails to comply with the requirements of Section 4.4 and any material departures or deviations from the Plans and Specifications not approved in writing by Lender.. Section 4.9

Appears in 1 contract

Samples: Construction Loan Agreement (4Front Ventures Corp.)

Correction of Construction Defects. Promptly following any demand by the Lender, the Borrower shall correct or cause the correction of any structural defects in the Improvements, any work that fails to comply with the requirements of Section 4.4 Improvements and any material departures or deviations from the Plans and Specifications not approved in writing by the Lender.

Appears in 1 contract

Samples: Loan Agreement (Bioreliance Corp)

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