Common use of Required Work Clause in Contracts

Required Work. The Borrower shall commence, and thereafter implement and complete with commercially reasonable diligence the planning and subsequent implementation of the following work, in accordance with the applicable schedule set forth below, and in accordance with the recommendations of the Borrower’s structural and/or environmental engineers. All such work shall be performed by licensed personnel in accordance with all Applicable Laws and shall be completed free and clear of mechanics’, materialmen’s and other Liens. Upon completion of such work, the Borrower shall deliver to the Administrative Agent a true and correct copy of the signed final inspection on the building permit for such work from the applicable municipality (if applicable) as well as a certificate signed by the Borrower certifying that such work has been completed in compliance with the requirements of this Agreement. Such work shall be performed in accordance with the provisions of Section 8.21 and any other applicable provisions of this Agreement. The Borrower shall upon the request of the Administrative Agent provide reasonably detailed information concerning the status of the progress of such work.

Required Work. The Borrower shall commence, and thereafter implement and complete with commercially reasonable diligence the planning and subsequent implementation of the following work, in accordance with the applicable schedule set forth below, and in accordance with the recommendations of the Borrower’s structural and/or and or environmental engineers. All such work shall be performed by licensed personnel in accordance with all Applicable Laws and shall be completed free and clear of mechanics’, materialmen’s and other Liens. Upon completion of such work, the Borrower shall deliver to the Administrative Agent a true and correct copy of the signed final inspection on the building permit for such work from the applicable municipality (if applicable) as well as a certificate signed by the Borrower certifying that such work has been completed in compliance with the requirements of this Agreement. Such work shall be performed in accordance with the provisions of Section 8.21 and any other applicable provisions of this Agreement. The Borrower shall upon the request of the Administrative Agent provide reasonably detailed information concerning the status of the progress of such work.