Common use of Satisfactory Construction Clause in Contracts

Satisfactory Construction. All work usually done at the stage of construction for which an Advance is requested shall have been done in a good and workmanlike manner and all materials and fixtures usually furnished and installed at that stage of construction shall have been furnished and installed, all in compliance with the Plans and Specifications. Borrower shall also have furnished to Lender such proof as Lender may require to establish the progress of the work, compliance with applicable laws, freedom of the Collateral from liens, and the basis for the requested disbursement.