Common use of Development Consultant Clause in Contracts

Development Consultant. The Lender may designate a consultant to perform various services on behalf of the Lender both prior to and after Closing, including, without limitation, review of plans and specifications and all proposed changes to them, preparation of a "cost take-off" construction analysis, if so desired by the Lender, the inspection of construction work for conformity with the approved plans and specifications and the approval of requests for Loan disbursements, and review and approval of the documents, permits, items and other matters more particularly described in Section 7 of this Agreement.

Development Consultant. The Lender may designate a consultant to perform various services on behalf of the Lender both prior to and after Closing, including, without limitation, review of plans and specifications and all proposed changes to them, preparation of a "cost take-off" construction analysis, if so desired by the Lender, the inspection of construction work for conformity with the approved plans and specifications and the approval of requests for Loan disbursements, and review and approval of the documents, permits, items and other matters more particularly described in Section PARAGRAPH 7 of EXHIBIT A to this AgreementCommitment Letter.