Common use of ENTRY ONTO PROPERTY; INSPECTIONS Clause in Contracts

ENTRY ONTO PROPERTY; INSPECTIONS. (a) Borrower shall permit Lender or Lender's representatives (including an independent person such as an engineer, architect, consultant or contractor) making Replacements or Tenant Improvements pursuant to Section 4.1(b) of this Agreement to enter onto the Property during normal business hours (subject to the rights of tenants under their leases) (i) to inspect the condition of the Property, (ii) inspect the progress of any Replacements or Tenant Improvements and all materials being used in connection therewith, (iii) to examine all plans and shop drawings relating to such Replacements or Tenant Improvements which are or may be kept at the Property, and (iv) to complete any Replacements or Tenant Improvements made pursuant to Sections 4.1 (b). Borrower agrees to cause all contractors and subcontractors to cooperate with Lender or Lender's representatives or such other persons described above in connection with inspections described in this Section 4.3 or the completion of Replacements or Tenant Improvements pursuant to Sections 4.1(b). (b) Lender may inspect the Property in connection with any Replacement or Tenant Improvement prior to disbursing funds from the Reserve for such Replacement or Tenant Improvement. In addition to Lender's costs and expenses, Borrower shall pay Lender a reasonable inspection fee not exceeding $400.00 for each such inspection by Lender. Lender, at Borrower's expense, also may require an inspection by an appropriate independent qualified professional selected by Lender and/or a copy of a certificate of completion by an independent qualified professional acceptable to Lender prior to the disbursement of any amounts from the Reserve.

ENTRY ONTO PROPERTY; INSPECTIONS. (ai) Borrower shall permit Lender or Lender's ’s representatives (including an independent person such as an engineer, architect, consultant or contractorconsultant) making Replacements or Tenant Improvements third parties performing any Work pursuant to Section 4.1(bSections 11(a)(iii), (iv) or (v) of this Agreement to enter onto the Property during normal business hours (subject to the rights of tenants under their leasesLeases) (iA) to inspect the condition of the Property, (iiB) inspect the progress of any Replacements or Tenant Improvements Work and all materials being used in connection therewith, (iiiC) to examine all plans and shop drawings relating to such Replacements or Tenant Improvements Work which are or may be kept at the Property, and (ivD) to complete any Replacements or Tenant Improvements Work made pursuant to Sections 4.1 11(a)(iii), (biv) and (v). Borrower agrees to cause all contractors and subcontractors to cooperate with Lender or Lender's ’s representatives or such other persons described above in connection with inspections described in this Section 4.3 11(c) or the completion of Replacements or Tenant Improvements any Work pursuant to Sections 4.1(b11(a)(iii), (iv) or (v). (bii) Lender may inspect the Property in connection with any Replacement or Tenant Improvement Work prior to disbursing funds from the applicable Reserve for such Replacement or Tenant ImprovementWork. In addition to Lender's ’s costs and expenses, Borrower shall pay Lender a reasonable inspection fee not exceeding $400.00 750.00 for each such inspection by Lender. Lender, at Borrower's ’s expense, also may require an inspection by an appropriate independent qualified professional selected by Lender and/or a copy of a certificate of completion by an independent qualified professional acceptable to Lender prior to the disbursement of any amounts from the applicable Reserve.