Common use of Other Limitations and Requirements Clause in Contracts

Other Limitations and Requirements. The making of any disbursement by Agent shall not be deemed an acceptance or approval by Agent or any Lender (for the benefit of Borrower or any third person) of the work done or Improvements constructed. Notwithstanding anything contained herein to the contrary, neither Agent nor any Lender shall have any obligation to lend hereunder unless Agent is, at all times satisfied that the Improvements can be constructed lien-free in accordance with the Plans, and be open and ready for occupancy by the Completion Date for the sums set forth in the Budget.