Common use of Defect Corrections Clause in Contracts

Defect Corrections. Upon demand of Bank, Borrower shall correct any defect in the Improvements or any departure from the Plans not approved by Bank.

Appears in 4 contracts

Sources: Construction and Permanent Loan Agreement, Construction and Permanent Loan Agreement, Construction and Permanent Loan Agreement

Defect Corrections. Upon Promptly following the demand of Bank, Borrower shall correct any defect in the Improvements or any departure from the Plans not approved by Bank.

Appears in 1 contract

Sources: Construction Loan Agreement (Petco Holdings Inc)