Monitoring Surveyor definition

Monitoring Surveyor means such firm or firms of chartered surveyors, quantity surveyors or monitoring surveyors as the Agent may appoint in relation to the Projects.
Monitoring Surveyor the Lender’s monitoring surveyor in relation to the Development from time to time appointed by and / or approved by the Lender; Monitoring Surveyor’s Report: a report issued by the Monitoring Surveyor to the Lender confirming that: (a) the Development Costs are properly incurred and in accordance with the Development Budget and the Agreed Plans and supported by invoices; (b) the part of the Facility remaining undrawn after the relevant Drawdown is (subject to payment of the balance of the Borrower’s Contribution) sufficient to meet the remaining Development Costs; and (c) the Development is progressing in accordance with the Agreed Plans and Development Budget; Non Utilisation Fee: shall be, if relevant, as specified in the Specific Terms; Obligor: the Borrower, each Guarantor and any other guarantor or surety of any Liabilities; Party: a party to this Agreement and / or any other Finance Document as the context permits or dictates; Potential Event of Default: any event or circumstance specified in Clause 18 (Events of Default) which might reasonably be expected to, with the expiry of a grace period, the giving of notice, the making of any determination under a Finance Document or any combination of any of the foregoing, be an Event of Default; Practical Completion: the date of practical completion of the Development in accordance with the Agreed Plans and Construction Documents as certified by the Monitoring Surveyor; Professional Team: the architect, quantity surveyor, structural and other engineers, cost consultants and such other professional persons employed from time to time in connection with carrying out the Development; Property: shall have the meaning as set out under the Specific Terms as does the term Properties; Property Report: any certificate of or report on title supplied to the Lender in respect of a Property;.
Monitoring Surveyor means the entity appointed pursuant to the Appointment;

Examples of Monitoring Surveyor in a sentence

  • The loans will be conditional upon a satisfactory outcome of detailed due diligence and ongoing confirmation from a Monitoring Surveyor acting on the Fund’s behalf that the schemes are being delivered satisfactorily.

  • The social value outputs from the scheme will be delivered through the construction contract and will not be affected by the appointment of the Monitoring Surveyor.

  • Urban Vision has obtained three separate quotes which included capability statements together with fee quotes, with a view to making an appointment for the role of Monitoring Surveyor.

  • Taking account of the bids submitted and considering the past experience of the bidders in dealing with this type of property, knowledge of the scheme and cost, I recommend that JLL be appointed by the City Council to undertake the role of Monitoring Surveyor for 100 Embankment for a fee of £105,000 + VAT.

  • The Councils Monitoring Surveyor has formally written to the Developer seeking full clarity with regards to any delay as a result of the Covid-19 lockdown, we await a response from the Developers Employers Agent.

  • The role of the Monitoring Surveyor is to act as an adviser to the Council to ensure that the developer undertakes the development in accordance with the terms of the contracts to deliver the building which the Council is funding.

  • Such charges could be set within a marginal cost framework to cover congestion and scarcity costs.

  • The purpose of this report is to request an exception to Contractual Standing Orders to approve the award of a contract for the role of Monitoring Surveyor to act on behalf of the City Council during the development of 100 Embankment.

  • The submission was more weighted towards the QS side of role, the client testimonials relate to the QS role not the monitoring surveyor appointments they’ve had, the most recent monitoring surveyor appointments have been on residential schemes, not grade A offices and the last Lead Fund Monitoring Surveyor appointment was from 2004-2009, subsequent (but not recent) appointments have been for technical monitoring only and the fee submitted was £94,950 + VAT + disbursements.

  • As the Council is making a significant capital investment in 100 Embankment, the role of Monitoring Surveyor is of vital importance.


More Definitions of Monitoring Surveyor

Monitoring Surveyor means such suitably qualified monitoring surveyor as may be approved by Homes England and appointed by the Grant Recipient on terms satisfactory to Homes England pursuant to clause 6.6.7;

Related to Monitoring Surveyor

  • Architect/Engineer or “A/E” means the Person identified in the Agreement responsible for providing professional design services and construction contract administration for the Project. The A/E shall be (1) a registered architect holding a license and certificate of authorization issued by the Ohio Architects Board pursuant to ORC Chapter 4703, (2) a landscape architect holding a license and certificate of authorization issued by the Ohio Landscape Architects Board pursuant to ORC Chapter 4703, or (3) a professional engineer or professional surveyor holding a license and certificate of authorization issued by the Ohio Engineers and Surveyors Board pursuant to ORC Chapter 4733. As used in the Agreement, the term A/E may include a criteria architect or engineer for a Design-Build project.

  • Survey means a survey of the Property prepared by a surveyor licensed in the State and satisfactory to Lender and the company or companies issuing the Title Insurance Policy, and containing a certification of such surveyor satisfactory to Lender.

  • Quantity Surveyor means the quantity surveyor appointed by the Seller for the purposes of the Development;

  • Site Assessment means an environmental assessment report for the Mortgaged Property prepared at Borrower’s expense by a qualified environmental consultant engaged by Borrower, or by Lender on behalf of Borrower, and approved by Lender, and in a manner reasonably satisfactory to Lender, based upon an investigation relating to and making appropriate inquiries to evaluate the risks associated with Mold and any existence of Hazardous Materials on or about the Mortgaged Property, and the past or present discharge, disposal, release or escape of any such substances, all consistent with the most current version of the ASTM 1527 standard (or any successor standard published by ASTM) and good customary and commercial practice.

  • Surveyor means a professional surveyor licensed under article 20 of the occupational code, 1980 PA 299, MCL 339.2001 to 339.2014.

  • Phase I assessment as described in, and meeting the criteria of, (i) Chapter 5 of the FNMA Multifamily Guide or any successor provisions covering the same subject matter in the case of a Specially Serviced Mortgage Loan as to which the related Mortgaged Property is multifamily property or (ii) the American Society for Testing and Materials in the case of Specially Serviced Mortgage Loan as to which the related Mortgaged Property is not multifamily property.

  • Independent Engineer means XxXxxxxx and XxxXxxxxxxx or any other third party engineering firm acceptable to the Administrative Agent in its sole discretion.

  • Existing Survey means the existing ALTA survey of the Property.

  • Engineer’s Representative means the official in the civil/ electrical engineering department who is authorized to be in-charge of the work to which these presents relate. It shall include any other official nominated to attend to the supervision of day to day execution of the work to which this CONTRACT relates.

  • Geotechnical engineer means a professional engineer registered with the Association of Professional Engineers, Geologists, and Geophysicists of the Northwest Territories and whose principal field of specialization is the design and construction of earthworks in a permafrost environment;

  • Land surveyor means the land surveyor appointed by the Seller, to act as such from time to time in respect of the Development or a member of a firm so appointed.

  • Independent Engineering Report means a report, in form and substance satisfactory to the Administrative Agent and each of the Lenders, prepared by an Independent Engineer, addressed to the Administrative Agent and the Lenders with respect to the Oil and Gas Properties owned by the Borrower or its Subsidiaries (or to be acquired by the Borrower or any of its Subsidiaries, as applicable) which are or are to be included in the Borrowing Base, which report shall (a) specify the location, quantity, and type of the estimated Proven Reserves attributable to such Oil and Gas Properties, (b) contain a projection of the rate of production of such Oil and Gas Properties, (c) contain an estimate of the net operating revenues to be derived from the production and sale of Hydrocarbons from such Proven Reserves based on product price and cost escalation assumptions specified by the Administrative Agent and the Lenders, and (d) contain such other information as is customarily obtained from and provided in such reports or is otherwise reasonably requested by the Administrative Agent or any Lender.

  • Professional land surveyor means a professional land surveyor licensed under ch. 443.

  • Sanitary survey means an onsite review of the water source, facilities, equipment, operation and maintenance of a public water system for the purposes of evaluating the adequacy of such source, facilities, equipment, operation and maintenance for producing and distributing safe drinking water.

  • Project Engineer means the surveyor or engineer employed by or private

  • Phase I Environmental Site Assessment is an assessment of the environmental condition of the Property performed in accordance with the American Society of Testing and Materials (ASTM) Standard E1527-05 “Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process,” or any successor to such ASTM Standard which is active at the time of the assessment.

  • Environmental Impact Assessment means a systematic examination conducted to determine whether or not a programme, activity or project will have any adverse impacts on the environment;

  • Impact Assessment has the meaning given to it in Clause 22.1.3 (Variation Procedure);

  • Phase I Report means, with respect to any Facility, a report that (i) conforms to the ASTM Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process, E 1527, (ii) was conducted no more than six months prior to the date such report is required to be delivered hereunder, by one or more environmental consulting firms reasonably satisfactory to Administrative Agent, (iii) includes an assessment of asbestos-containing materials at such Facility, (iv) is accompanied by (a) an estimate of the reasonable worst-case cost of investigating and remediating any Hazardous Materials Activity identified in the Phase I Report as giving rise to an actual or potential material violation of any Environmental Law or as presenting a material risk of giving rise to a material Environmental Claim, and (b) a current compliance audit setting forth an assessment of Holdings’, its Subsidiaries’ and such Facility’s current and past compliance with Environmental Laws and an estimate of the cost of rectifying any non-compliance with current Environmental Laws identified therein and the cost of compliance with reasonably anticipated future Environmental Laws identified therein.

  • Environmental Audit means a Phase One environmental site assessment (the scope and performance of which meets or exceeds ASTM Standard Practice E1527-93 Standard Practice for Environmental Site Assessments: Phase One Environmental Site Assessment Process) of the Property, and, if called for by the Phase One assessment, a Phase Two environmental site assessment.

  • Phase I Environmental Assessment A “Phase I assessment” as described in, and meeting the criteria of, the ASTM, plus a radon and asbestos inspection.

  • Surveys has the meaning set forth in Section 4(o) above.

  • Architect/Engineer (A/E means a person registered as an architect pursuant to Tex. Occ. Code Ann., Ch. 1051, as a landscape architect pursuant to Tex. Occ. Code Ann., Ch. 1052, a person licensed as a professional engineer pursuant Tex. Occ. Code Ann., Ch. 1001, and/or a firm employed by Owner or Design-Build Contractor to provide professional architectural or engineering services and to exercise overall responsibility for the design of a Project or a significant portion thereof, and to perform the contract administration responsibilities set forth in the Contract.

  • Quality Surveillance Engineer / Inspector means any person appointed by or on behalf of the Purchaser to inspect or carry out quality surveillance on supplies, stores or work under the Contract or any person deputed by the Quality Surveillance Engineer for the said purpose.

  • Final Inspection means the process and procedure described in UGC Section 12.1.

  • Phase I Environmental Report means a report by an Independent Person who regularly conducts environmental site assessments in accordance with then current standards imposed by institutional commercial mortgage lenders and who has a reasonable amount of experience conducting such assessments.