Alpine Valley definition
Examples of Alpine Valley in a sentence
Lender shall be provided copies of all or the plans and specifications for the Alpine Valley Project showing the location thereof, including, without limitation, preliminary development plans and final construction plans, specifications and working drawings, with such changes thereto as Lender or its separate architect, if any (“Lender’s Architect”), may reasonably request (all of said plans and specifications, as approved by Lender, being herein called the “Plans and Specifications”).
In addition to, and without limitation of any other term and provision hereof relating to Additional Disbursements by Lender for any category contained in the Alpine Valley Project Budget, it is expressly understood and agreed that the Alpine Valley Project Budget reflects by category the purposes for which funds advanced hereunder are to be used, and Lender shall not be required to disburse for any category or purpose more than the amount specified therefor in the Alpine Valley Project Budget.
Borrower is the sole owner of the Alpine Valley Land free and clear of all other liens, claims, rights and encumbrances, and subject only to the matters listed in Exhibit C attached hereto (the “Alpine Valley Permitted Exceptions”).
Prior to any Lender’s advance for Construction Costs of the Alpine Valley Project, to the extent that Borrower has contracted for such services, Lender shall be provided certified copies of any such Construction Contract, and, if requested by Lender, all subcontracts in excess of Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00), together with evidence satisfactory to Lender that the Construction Contract includes all work and materials necessary for completion of the Alpine Valley Project.
Except as otherwise specified herein, Borrower shall fully pay for all Alpine Valley Personal Property, including, without limitation, all fixtures, fittings, appliances, apparatus, machinery, furnishings, equipment, furniture and other personal property located on the Alpine Valley Premises, and any replacements thereof or substitutions therefor, now or at any time hereafter located upon or used in any way in connection with the operation of the Alpine Valley Premises.
Borrower will, at its own expense, remedy in a manner satisfactory to Lender, such portions or aspects of the construction of the Alpine Valley Premises as Lender may reasonably determine are not in compliance (in all material respects) with the Plans and Specifications, or any applicable governmental laws, ordinances, statutes, rules and regulations.
Except as otherwise specified herein, all of the Alpine Valley Personal Property will be owned by Borrower in Borrower’s name.
The occurrence, without Lender’s prior written consent thereto, of any material deviation in the construction of the Alpine Valley Project from the Plans and Specifications approved by Lender (as modified by allowed change orders).
Except to the extent permitted under Section 5.10 below, Borrower may not reallocate amounts shown in the Alpine Valley Project Budget to different categories thereon, without Lender’s prior written consent, which consent may be withheld in its sole and absolute discretion.
Borrower will permit, and will cooperate with Lender in arranging for, inspections from time to time of the Alpine Valley Premises during normal business hours by Lender’s Architect or by any other representatives of Lender.