Common use of Construction Development of the Project Clause in Contracts

Construction Development of the Project. (a) Pursue the Construction of the Improvements with diligence and continuity in order that said Construction be completed in accordance with the Plans and Specifications of the Project and (b) keep the Premises free and clear at all times of claims or attachments for material supplied and for labor or services performed in connection with the Construction of the Project, except Permitted Liens or Encumbrances.

Appears in 2 contracts

Sources: Loan Agreement (El Conquistador Partnership Lp), Loan Agreement (WMS Hotel Corp)