Common use of Correction of Defects Clause in Contracts

Correction of Defects. Borrower shall promptly correct all material defects in the Project Improvements or any material departure from the Plans and Specifications not previously approved by Lender to the extent required hereunder. Borrower agrees that the advance of any proceeds of the Loan whether before or after such defects or departures from the Plans and Specifications are discovered by, or brought to the attention of, Lender shall not constitute a waiver of Lender’s right to require compliance with this covenant.

Correction of Defects. Borrower shall cause Mortgage Borrower to promptly correct all material defects in the Project Improvements or any material departure from the Plans and Specifications not previously approved by Lender to the extent required hereunder. Borrower agrees that the advance of any proceeds of the Loan whether before or after such defects or departures from the Plans and Specifications are discovered by, or brought to the attention of, Lender shall not constitute a waiver of Lender’s right to require compliance with this covenant.

Correction of Defects. Borrower shall promptly correct (or cause the responsible Contractor to correct) all material defects in the Project Improvements Capital Expenditures Work or any material departure from the applicable Plans and Specifications not previously approved by Lender to the extent required hereunder. Borrower agrees that the advance of any proceeds of the Loan whether before or after such defects or departures from the applicable Plans and Specifications are discovered by, or brought to the attention of, Lender shall not constitute a waiver of Lender’s right to require compliance with this covenant.

Correction of Defects. Borrower shall promptly correct all material defects in the Project Improvements or any material adverse departure from the Plans and Specifications not previously approved by Lender to the extent required hereunderSpecifications. Borrower agrees that the advance of any proceeds of the Loan whether before or after such defects or departures from the Plans and Specifications are discovered by, or brought to the attention of, Lender shall not constitute a waiver of Lender’s right to require compliance with this covenant.

Correction of Defects. Borrower shall promptly correct (or cause the applicable Contractor to correct) all material defects in the Project Improvements or any material departure from the Plans and Specifications not previously approved by Lender to the extent required hereunder. Borrower agrees that the advance Disbursement of any proceeds of the Loan Escrow Funds whether before or after such defects or departures from the Plans and Specifications are discovered by, or brought to the attention of, Lender shall not constitute a waiver of Lender’s right to require compliance with this covenant.

Correction of Defects. Borrower shall To correct promptly correct all material defects any structural defect in the Project Improvements or and to correct promptly any material departure from the Plans and Specifications not previously approved by Lender or allowed pursuant to the extent required hereunder8.1 hereof, provided Borrower has been notified of any such defect or departure and has not promptly undertaken correction thereof. Borrower agrees that the The advance of any proceeds of the Loan whether before or after such defects or departures from the Plans and Specifications are discovered by, or brought to the attention of, Lender shall not constitute a waiver of Lender’s 's right to require compliance with this covenant.

Correction of Defects. Borrower shall promptly will correct all material defects in the Project Improvements or and any material departure from the Plans and Specifications not previously approved by Lender to the extent required hereunderLender. Borrower agrees that the The advance of any proceeds of the Loan Proceeds, whether before or after such defects or departures from the Plans and Specifications are discovered by, by or brought called to the attention ofof Lender, Lender shall will not constitute a waiver of Lender’s right to require compliance with this covenant.

Correction of Defects. Borrowers shall cause Mortgage Borrower shall to promptly correct all material defects in the Project Improvements or any material departure from the Plans and Specifications not previously approved by Lender to the extent required hereunder. Borrower agrees Borrowers agree that the advance of any proceeds of the Loan, or of the Building Loan or the Project Loan, whether before or after such defects or departures from the Plans and Specifications are discovered by, by or brought to the attention ofof Lender, Lender shall not constitute a waiver of Lender’s right to require compliance with this covenant.

Correction of Defects. Unless Borrower shall demonstrates to Lender that such corrective work is inappropriate or inconsistent with the Plans and Specifications, to promptly correct all material defects in the Project Improvements or any material departure from the Plans and Specifications not previously approved by Lender to the extent required hereunderLender. Borrower agrees that the advance of any proceeds of the Loan whether before or after such defects or departures from the Plans and Specifications are discovered by, or brought to the attention ofattention, Lender of Lender, shall not constitute a waiver of Lender’s 's right to require compliance with this covenant.