Engineering Reports. The words "Engineering Reports" shall mean and refer to written reports prepared by licensed, professional engineers acceptable to the Lender certifying that: (a) the subsurface conditions of the Real Property are suitable in all respects for the construction of the proposed Improvements thereupon, (b) all Improvements have been made in compliance with all building codes and restrictive covenants (c) no encroachments exist upon any easements, rights-of-way, or adjoining property, (d) all utilities required for use at the Real Property are available to the Real Property, and (e) such other engineering notes as the Lender may require.
Appears in 2 contracts
Sources: Acquisition, Disbursement and Development Loan Agreement (Comstock Homebuilding Companies, Inc.), Disbursement and Development Loan Agreement (Comstock Homebuilding Companies, Inc.)
Engineering Reports. The words "Engineering Reports" shall mean and refer to written reports prepared by licensed, professional engineers acceptable to the Lender certifying that: (a) if reasonably required by Lender, the subsurface conditions of the Real Property are suitable in all respects for the construction of the proposed Improvements thereupon, (b) all Improvements have been made in compliance with all building codes and restrictive covenants (c) no encroachments exist upon any easements, rights-of-way, or adjoining property, (d) all utilities required for use at the Real Property are available to the Real Property, and (e) such other engineering notes as the Lender may require.
Appears in 1 contract
Sources: Acquisition, Disbursement and Development Loan Agreement (Comstock Homebuilding Companies, Inc.)
Engineering Reports. The words "Engineering Reports" shall mean and refer to written reports prepared by licensed, professional engineers acceptable to the Lender certifying that: (a) if reasonably required by Lender, the subsurface conditions of the Real Property are suitable in all respects for the construction of the proposed Improvements thereupon, (b) all Improvements have been made in compliance with all building codes and restrictive covenants (c) no encroachments exist upon any easements, rights-of-way, or adjoining property, (d) all utilities required for use at the Real Property are available to the Real Property, and (e) such other engineering notes as the Lender may requirerequire U. Environmental Report: (Reserved).
Appears in 1 contract
Sources: Disbursement and Development Loan Agreement (Comstock Homebuilding Companies, Inc.)
Engineering Reports. The words "Engineering Reports" shall mean and refer to written reports prepared by licensed, professional engineers acceptable to the Lender certifying that: (ai) the subsurface conditions of the Real Property are suitable in all respects for the construction of the proposed Improvements thereupon, (bii) all Improvements have been made completed in compliance with all building applicable codes and restrictive covenants (ciii) no encroachments exist upon any easements, rights-of-way, or adjoining property, (div) all utilities required for the intended use at of the Real Property are available to the Real Property, and (ev) such other engineering notes as the Lender may require.
Appears in 1 contract
Sources: Refinance, Development and Disbursement Loan Agreement (Interstate General Co L P)