Common use of Physical Inspections Clause in Contracts

Physical Inspections. Any existing report of an inspecting engineering firm as to the physical condition of each such Hotel Property reflecting a condition of such Hotel Property acceptable to the Agent and the independent satisfaction of the Agent with the physical condition of the Hotel Property pursuant to the on-site inspection of officers of the Agent, for which inspections such officers shall be permitted access to the Hotel Property during reasonable hours. All out of pocket expenses incurred by the Agent in connection with such inspections shall be payable on demand by the Borrower.

Physical Inspections. Any existing A report of an independent inspecting engineering firm satisfactory to the Agent as to the physical condition of each such Hotel Property reflecting a condition of such Hotel Property acceptable to the Agent and the independent satisfaction of the Agent with the physical condition of the Hotel Property pursuant to the on-site inspection of officers of the Agent, for which inspections such officers shall be permitted access to the Hotel Property during reasonable hours. All out of pocket expenses incurred by the Agent in connection with such inspections shall be payable on demand by the Borrower.

Physical Inspections. Any existing A report of an independent inspecting engineering firm satisfactory to the Agent as to the physical condition of each such Hotel Property reflecting a condition of such Hotel Property acceptable to the Agent and the independent satisfaction of the Agent with the physical condition of the Hotel Property pursuant to the on-site inspection of officers of the Agent, for which inspections such officers shall be permitted access to the Hotel Property during reasonable hours. All out of pocket expenses incurred by the Agent in connection with such inspections shall be payable on demand by the Borrower.the

Physical Inspections. Any existing A report of an independent inspecting engineering firm satisfactory to the Agent as to the physical condition of each such Hotel Property reflecting a condition of such Hotel Property acceptable to the Agent and the independent satisfaction of the Agent with the physical condition of the Hotel Property pursuant to the on-site inspection of officers of the Agent, for which inspections such officers shall be permitted access to the Hotel Property during reasonable hours. All out of pocket expenses incurred by the Agent in connection with such inspections shall be payable on demand by the Borrower.which

Physical Inspections. Any existing Unless waived by Bank, report of an independent inspecting engineering firm satisfactory to Bank as to the physical condition of each such Hotel Property reflecting a the condition of such Hotel Property acceptable to the Agent Bank and the independent satisfaction of the Agent Bank with the physical condition of the Hotel Property pursuant to the on-site inspection of officers of the Agentto Bank, for which inspections such officers shall be permitted access to the Hotel Property during reasonable hours. All out of pocket expenses incurred by the Agent Bank in connection with such inspections shall be payable on demand by the Borrower.