Building Condition Reports definition
Examples of Building Condition Reports in a sentence
The cost of the Additional Surveys, Additional Building Condition Reports and Additional Environmental Reports shall be billed to and promptly paid by Buyer as incurred, whether or not the Contemplated Transactions Close.
Buyer shall pay all of the costs of the Additional Surveys, the Additional Building Condition Reports, and the Additional Environmental Condition Reports as they are incurred.
Lessor hereby approves all repair/refurbishment work described in the Building Condition Reports.
If the Lender Converts the Loans into Conversion Loans, the Borrower shall satisfy, as determined by the Lender, certain additional commercially reasonable criteria as determined by the Lender, including, without limitation, providing updates, in form and substance satisfactory to the Lender, to the Appraisals, Environmental Reports and Building Condition Reports prepared by qualified firms approved in advance by the Lender, as the Lender may request at the cost and expense of Borrower.