Common use of Construction Consultant Clause in Contracts

Construction Consultant. Lender, only upon the reasonable determination that it is necessary, may hire, at the cost and expense of the Borrower, any engineer, architect or consultant that Lender considers necessary or useful to assist the Lender in performing any of its rights and obligations under this Development Agreement (the "Construction Consultant"). The services of the Construction Consultant are confidential and solely for the benefit of Lender and Borrower in administering the Loan, and shall not be disclosed to any other party.

Appears in 2 contracts

Samples: Modification Agreement (Comstock Homebuilding Companies, Inc.), Disbursement and Development Loan Agreement (Comstock Homebuilding Companies, Inc.)

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Construction Consultant. Lender, only upon the reasonable determination that it is necessary, Lender may hire, with the mutual consent of the Borrower, and at the cost and expense of the Borrower, any engineer, architect or consultant that the Lender considers necessary or useful to assist the Lender in performing any of its rights and obligations under this Development Construction Agreement (the "Construction Consultant"). The services of the Construction Consultant are confidential and solely for the benefit of Lender and Borrower in administering the Loan, and shall not be disclosed to any other party.

Appears in 2 contracts

Samples: Disbursement and Development Loan Agreement (Comstock Homebuilding Companies, Inc.), Modification Agreement (Comstock Homebuilding Companies, Inc.)

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Construction Consultant. Lender, only upon the reasonable determination that it is necessary, Lender may hire, at the cost and expense of the Borrower, any engineer, architect or consultant that the Lender considers necessary or useful to assist the Lender in performing any of its rights and obligations under this Development Loan Agreement (the "Construction Consultant"). The services of the Construction Consultant are confidential and privileged, and solely for the benefit of the Lender and Borrower in administering the Loan, and shall not be disclosed to any other party.

Appears in 1 contract

Samples: , Development and Disbursement Loan Agreement (Interstate General Co L P)

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