Unit Plans and Specifications definition

Unit Plans and Specifications means plans and specifications for construction of a particular type of Unit that have been prepared by an architect, together with any amendments or modifications to those plans and specifications.
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Unit Plans and Specifications means, with respect to each type of Unit, plans and specifications for construction of that type of Unit, prepared by an architect and certified by Borrower to Bank, together with any amendments or modifications thereof.
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Examples of Unit Plans and Specifications in a sentence

  • Borrower will be the sole owner of all Unit Plans and Specifications or, to the extent that Borrower is not the sole owner of such Unit Plans and Specifications, Borrower will have the unconditional right to use such Unit Plans and Specifications in connection with the construction of Units.

  • The Unit Plans and Specifications and related working drawings are an accurate and complete description of each Unit included or to be included as Eligible Collateral.

  • If requested by Lender, Borrower shall have provided and Lender shall have approved Unit Plans and Specifications for the type of Unit in question.

  • The Lender shall not have received written evidence from the Lender's inspectors or from the Lender's employees performing inspections for the Lender (i) that construction of any Unit constituting Eligible Collateral does not comply with the respective Unit Plans and Specifications in all material respects; and (ii) that Borrower has not completed each such Unit to the stage reported on the most recent Borrowing Base Reconciliation Report received by the Lender.

  • The Unit Plans and Specifications and related working drawings are a substantially accurate and complete description of the Unit.

  • Upon demand by the Lender, Borrower will correct any defect in its respective Units or any material departure from any applicable Requirements or, to the extent not theretofore approved in writing by the Lender, the respective Unit Plans and Specifications.

  • Lender will not be restricted in any way in use of such Unit Plans and Specifications in connection with the construction of any Units, and Borrower will obtain all consents and authorizations necessary for the use of such Unit Plans and Specifications by Lender.

  • Borrower agrees that without Lender’s prior written consent in its absolute and sole discretion, it may not (i) amend or modify the A&D Lot Development Budget or Unit Budget, or (ii) make or permit any material amendments or modifications of the construction contracts for development of Lots, the A&D Lot Development Plans and Specifications, Units, the Unit Plans and Specifications or any other agreements, documents, or instruments relating to development of an Approved Subdivision and Units therein.

  • Administrative Agent will not be restricted in any way in use of such Unit Plans and Specifications in connection with the construction of any Units, and Borrower will obtain all consents and authorizations necessary for the use of such Unit Plans and Specifications by Administrative Agent during the continuation of an Event of Default.

  • The Lender will not be restricted in any way in use of such Unit Plans and Specifications in connection with the construction of any Units, and Borrower will obtain all consents and authorizations necessary for the use of such Unit Plans and Specifications by the Lender.