Common use of Final Construction Disbursement Clause in Contracts

Final Construction Disbursement. Subject to the terms and conditions hereof, Lender agrees to make the final disbursement under the Loan; provided, Lender shall be satisfied that the construction has been completed in a good and workmanlike manner in accordance with the Plans and Specifications and Borrower shall submit to Lender the following:

Appears in 4 contracts

Samples: Loan Agreement (Summit Hotel Properties LLC), Loan Agreement (Summit Hotel Properties LLC), Loan Agreement (Summit Hotel Properties LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.