Inspection, Re-finance, etc Clause Samples

The 'Inspection, Re-finance, etc' clause outlines the rights and procedures for parties to conduct inspections, appraisals, or secure financing related to a transaction, typically in real estate contracts. It allows buyers to arrange for property inspections or appraisals and to pursue mortgage approval within specified timeframes, often making the contract contingent on satisfactory results. This clause ensures that buyers have the opportunity to verify the property's condition and secure necessary funding before finalizing the purchase, thereby protecting their interests and reducing the risk of unforeseen issues.
Inspection, Re-finance, etc. (a) The borrower shall permit inspection of all books of accounts and other records maintained by him in respect of the loan, to officer of IHFL. The borrower shall also permit similar inspection by officers of other companies, banks, institutions or bodies as IHFL may approve and intimate the borrower. (b) IHFL shall have the option to obtain any refinance facility or loan from any bank, company, institution or body, against any security that may have been furnished by the borrower to IHFL. (c) IHFL shall have the authority to make available any information contended in the loan application form and/or any document or paper or a statement submitted to IHFL by or on behalf of the borrower and/or pertaining or relating to the borrower and/or to the loan including as to its repayment conduct, to any rating or other agency or institution or body as IHFL in its sole discretion may deem fit. IHFL shall also have the authority to seek and/ or receive any information as it may deem fit in connection with the loan and/or the borrower from any source or person or entity to whom the borrower hereby authorizes to furnish such information.
Inspection, Re-finance, etc. (a) The Borrower shall permit inspection of all books of accounts and other records maintained by him in respect of the Loan, to officer of IHFL. The Borrower shall also permit similar inspection by officers of other companies, banks, institutions or bodies as IHFL may approve and intimate the Borrower. (b) IHFL shall have the option to obtain any refinance facility or loan from any bank, company, institution or body, against any Security that may have been furnished by the Borrower to IHFL. (c) IHFL shall have the authority to make available any information contended in the loan application form and/or any document or paper or a statement submitted to IHFL by or on behalf of the Borrower and/or pertaining or relating to the Borrower and/or to the Loan including as to its repayment conduct, to any rating or other agency or institution or body

Related to Inspection, Re-finance, etc

  • Collateral Examination Agent shall have completed Collateral examinations and received appraisals, the results of which shall be satisfactory in form and substance to Lenders, of the Receivables, Inventory, General Intangibles, and Equipment of each Borrower and all books and records in connection therewith;

  • Collateral Management Fee Borrower shall pay Lender as additional interest a monthly collateral management fee (the "Collateral Management Fee") equal to 0.15% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility (excluding any Unfunded L/C Exposure under the L/C Sublimit) outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).

  • Inspection; Compliance The Contractor understands its, and its subcontractors (if any), duty, pursuant to section 20.055(5), F.S., to cooperate with the Inspector General in any investigation, audit, inspection, review, or hearing. Upon request of the Department’s Inspector General, or other authorized State official, the Contractor shall provide any type of information the State official deems relevant to the Contractor’s integrity or responsibility. Such information may include the Contractor’s business or financial records, documents, or files of any type or form that refer to or relate to the Term Contract. The Contractor agrees to reimburse the State for the reasonable costs of investigation incurred by the Inspector General or other authorized State official for investigations of the Contractor’s compliance with the terms of the Term Contract or any other agreement between the Contractor and the State which results in the suspension or debarment of the Contractor. Such costs will include salaries of investigators, including overtime; travel and lodging expenses; and expert witness and documentary fees. The Contractor shall not be responsible for any costs of investigations that do not result in the Contractor’s suspension or debarment.

  • Construction Management Fee The Construction Management Fee for the Project shall be either a ☒Lump Sum or ☐Not-To-Exceed Fee of Thirty-Six Thousand, Four Hundred Seventy-Seven Dollars and Sixty-Five Cents ($36,477.65). NOTE: Allowances will be on a Not-To-Exceed basis. All unused funds will be returned to the School District at the time of construction closeout. Fee will be paid only on cost of work for these items. Exhibit C- Project Assignment Page 2 of 4

  • Inspection Reports A "full inspection report" comprises a Site Master File (compiled by the manufacturer or by the inspectorate) and a narrative report by the inspectorate. A "detailed report" responds to specific queries about a firm by the other Party.