Common use of Property Condition Report Clause in Contracts

Property Condition Report. A current engineering report or architect's certificate with respect to the Projects, covering, among other matters, inspection of heating and cooling systems, roof and structural details and showing no failure of compliance with building plans and specifications, applicable legal requirements (including requirements of the Americans with Disabilities Act) and fire, safety and health standards. As requested by Agent, such report shall also include an assessment of each Project's tolerance for earthquake and seismic activity.

Appears in 2 contracts

Sources: Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Provident Senior Living Trust)

Property Condition Report. A current engineering report or architect's ’s certificate with respect to the Projects, covering, among other matters, inspection of heating and cooling systems, roof and structural details and showing no failure of compliance with building plans and specifications, applicable legal requirements (including requirements of the Americans with Disabilities Act) and fire, safety and health standardsstandards (the “Property Condition Report,” whether one or more). As requested by Administrative Agent, such report the Property Condition Report shall also include an assessment of each Project's Projects’ tolerance for earthquake and seismic activity.

Appears in 2 contracts

Sources: Loan Agreement (Healthcare Trust, Inc.), Loan Agreement (Healthcare Trust, Inc.)

Property Condition Report. A current engineering report or architect's certificate with respect to the Projectseach Project, covering, among other matters, inspection of heating and cooling systems, roof and structural details and showing no failure of compliance with building plans and specifications, applicable legal requirements (including requirements of the Americans with Disabilities Act) and fire, safety and health standards. As requested by Agent, such report shall also include an assessment of each the Project's tolerance for earthquake and seismic activity.

Appears in 2 contracts

Sources: Loan Agreement (Ensign Group, Inc), Loan Agreement (Brookdale Senior Living Inc.)

Property Condition Report. A current engineering report or architect's ’s certificate with respect to the Projectseach Project, covering, among other matters, inspection of heating and cooling systems, roof and structural details and showing no failure of compliance with building plans and specifications, applicable legal requirements (including requirements of the Americans with Disabilities Act) and fire, safety and health standardsstandards (the “Property Condition Report”, whether one or more). As requested by Administrative Agent, such report the Property Condition Report shall also include an assessment of each Project's ’s tolerance for earthquake and seismic activity.

Appears in 1 contract

Sources: Loan Agreement (Cornerstone Core Properties REIT, Inc.)

Property Condition Report. A current engineering report or architect's ’s certificate with respect to the ProjectsProject, covering, among other matters, inspection of heating and cooling systems, roof and structural details and showing no failure of compliance with building plans and specifications, applicable legal requirements Requirements of Law (including requirements of the Americans with Disabilities Act) and fire, safety and health standardsstandards (the “Property Condition Report,” whether one or more). As requested by Administrative Agent, such report the Property Condition Report shall also include an assessment of each the Project's ’s tolerance for earthquake and seismic activity.

Appears in 1 contract

Sources: Loan Agreement (Summit Healthcare REIT, Inc)

Property Condition Report. A current engineering report or architect's ’s certificate with respect to the Projectseach Project, covering, among other matters, inspection of heating and cooling systems, roof and structural details and showing no failure of compliance with building plans and specifications, applicable legal requirements (including requirements of the Americans with Disabilities Act) and fire, safety and health standardsstandards (the “Property Condition Report”). As requested by Agent, such report shall also include an assessment of each the Project's ’s tolerance for earthquake and seismic activity.

Appears in 1 contract

Sources: Loan Agreement (CareTrust REIT, Inc.)

Property Condition Report. A current engineering report or architect's ’s certificate with respect to the Projectseach Project, covering, among other matters, inspection of heating and cooling systems, roof and structural details and showing no failure of compliance with building plans and specifications, applicable legal requirements (including requirements of the Americans with Disabilities Act) and fire, safety and health standards. As requested by Agent, such report shall also include an assessment of each the Project's ’s tolerance for earthquake and seismic activity.

Appears in 1 contract

Sources: Loan Agreement (Ensign Group, Inc)

Property Condition Report. A current engineering report or architect's ’s certificate with respect to the Projectseach Project, covering, among other matters, inspection of heating and cooling systems, roof and structural details and showing no failure of compliance with building plans and specifications, applicable legal requirements (including requirements of the Americans with Disabilities Act) and fire, safety and health standardsstandards (the “Property Condition Report,” whether one or more). As requested by Administrative Agent, such report the Property Condition Report shall also include an assessment of each Project's ’s tolerance for earthquake and seismic activity.

Appears in 1 contract

Sources: Loan Agreement (American Realty Capital Healthcare Trust Inc)

Property Condition Report. A current engineering report or architect's certificate with respect to the ProjectsProject, covering, among other matters, inspection of heating and cooling systems, roof and structural details and showing no failure of compliance with building plans and specifications, applicable legal requirements (including requirements of the Americans with Disabilities Act) and fire, safety and health standards. As requested by Agent, such report shall also include an assessment of each Project's tolerance for earthquake and seismic activity.

Appears in 1 contract

Sources: Loan Agreement (Emeritus Corp\wa\)

Property Condition Report. A current engineering report or architect's ’s certificate with respect to the Projectseach Project, covering, among other matters, inspection of heating and cooling systems, roof and structural details and showing no failure of compliance with building plans and specifications, applicable legal requirements (including requirements of the Americans with Disabilities Act) and fire, safety and health standardsstandards (the “Property Condition Report,” whether one or more). As requested by AgentLender, such report the Property Condition Report shall also include an assessment of each Project's ’s tolerance for earthquake and seismic activity.

Appears in 1 contract

Sources: Loan Agreement (Cornerstone Healthcare Plus Reit, Inc.)