Common use of Physical Conditions Report Clause in Contracts

Physical Conditions Report. Lender shall have received a Physical Conditions Report with respect to the Property, which report shall be reasonably satisfactory in form and substance to Lender.

Appears in 21 contracts

Sources: Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc), Loan Agreement (Taubman Centers Inc)

Physical Conditions Report. Lender shall have received a Physical Conditions Report (or re-certified Physical Conditions Report) with respect to the Property, which report shall be reasonably satisfactory in form and substance to Lender.

Appears in 12 contracts

Sources: Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc)

Physical Conditions Report. Lender shall have received a Physical Conditions Report with respect to the each Individual Property, which report shall be reasonably satisfactory in form and substance to Lender.

Appears in 11 contracts

Sources: Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)

Physical Conditions Report. Lender shall have received a Physical Conditions Report with respect to the Property, which report shall be issued by an engineer selected by Lender and shall be reasonably satisfactory in form and substance to Lender.

Appears in 8 contracts

Sources: Building Loan Agreement (Acadia Realty Trust), Building Loan Agreement (Acadia Realty Trust), Building Loan Agreement (Acadia Realty Trust)

Physical Conditions Report. Lender shall have received a Physical Conditions Report with respect to the Property, which report shall be reasonably satisfactory in form and substance to Lender.

Appears in 6 contracts

Sources: Loan and Security Agreement (Ashford Hospitality Trust Inc), Loan and Security Agreement (Hudson Pacific Properties, Inc.), Loan and Security Agreement (Digital Realty Trust, Inc.)

Physical Conditions Report. Lender shall have received a Physical Conditions Report with respect to the PropertyReport, which report shall be reasonably satisfactory in form and substance to Lender.

Appears in 6 contracts

Sources: Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc), First Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)

Physical Conditions Report. Lender shall have received a Physical Conditions Report with respect to the each Individual Property, which report shall be reasonably satisfactory in form and substance to Lender.

Appears in 5 contracts

Sources: Loan and Security Agreement (KBS Real Estate Investment Trust, Inc.), Loan and Security Agreement (KBS Real Estate Investment Trust, Inc.), Loan and Security Agreement (American Financial Realty Trust)

Physical Conditions Report. Lender shall have received a Physical Conditions Report with respect to the for each Property, which report report(s) shall be reasonably satisfactory in form and substance to Lender.

Appears in 3 contracts

Sources: Loan Agreement (MPG Office Trust, Inc.), Loan Agreement (MPG Office Trust, Inc.), Loan Agreement (Maguire Properties Inc)

Physical Conditions Report. Lender shall have received a Physical Conditions Report with respect to the each Individual Property, each of which report reports shall be reasonably satisfactory in form and substance to Lender.

Appears in 3 contracts

Sources: Junior Mezzanine Loan Agreement (Sunstone Hotel Investors, Inc.), Mezzanine Loan Agreement (Sunstone Hotel Investors, Inc.), Loan Agreement (Sunstone Hotel Investors, Inc.)

Physical Conditions Report. Lender shall have received a Physical Conditions Report with respect to the PropertyReport, which report shall be reasonably satisfactory in form and substance to Lender.

Appears in 2 contracts

Sources: Loan Agreement (Urban Shopping Centers Inc), Loan Agreement (Urban Shopping Centers Inc)

Physical Conditions Report. Lender shall have received a Physical Conditions Report with respect to each of the PropertyIndividual Properties, which report reports shall be reasonably satisfactory in form and substance to Lender.

Appears in 1 contract

Sources: Term Loan Agreement (Developers Diversified Realty Corp)

Physical Conditions Report. Lender shall have received a Physical Conditions Report Reports with respect to the each Individual Property, which report reports shall be reasonably satisfactory in form and substance to Lender.

Appears in 1 contract

Sources: Loan Agreement (Behringer Harvard Reit I Inc)

Physical Conditions Report. Lender shall have received a the Physical Conditions Report with respect to the Property, which report shall be reasonably satisfactory in form and substance to Lender.

Appears in 1 contract

Sources: Loan Agreement (Sothebys)