Lienable Work. No excavation, construction, earth work, site work or -------------- any other mechanic's lienable work shall be done to or for the benefit of the Project or any part thereof, without Lender's approval (which approval will not be unreasonably withheld), except for (a) normal repair and maintenance in the ordinary course of business and (b) work related to the alteration, replacement, repair and maintenance to a Property not estimated to have an aggregate cost in excess of (i) with respect to the La Casa Property, One Hundred Thousand Dollars ($100,000) or (ii) with respect to the Courtyard Property or the Spring Property, Seventy-Five Thousand Dollars ($75,000).
Appears in 1 contract
Sources: Loan Agreement (Emeritus Corp\wa\)
Lienable Work. No excavation, construction, earth work, site work or -------------- any other mechanic's lienable work shall be done to or for the benefit of the any Project or any part thereof, without Lender's approval (which approval will not be unreasonably withheld), except for (a) normal repair and maintenance in the ordinary course of business and (b) work related to the alteration, replacement, repair and maintenance to a Property Project not estimated to have an aggregate cost in excess of (i) One Hundred Thousand and No/100 Dollars ($100,000.00) with respect to the La Casa PropertyProject, One Hundred Thousand Dollars ($100,000) or (ii) with respect to the Courtyard Property or the Spring Property, Seventy-Five Thousand and No/100 Dollars ($75,000)75,000.00) with respect to each other Project.
Appears in 1 contract
Sources: Loan Agreement (Emeritus Corp\wa\)