Common use of Required Completion Date Clause in Contracts

Required Completion Date. No disbursements for the construction costs of any Improved Lot or Unit shall be made unless the Bank is satisfied that the construction of such Improved Lot or Unit can reasonably be completed not later than sixty (60) days prior to the Maturity Date. FIRST AMENDMENT TO ARCHITECT'S/ENGINEER'S STATEMENT

Required Completion Date. No disbursements for the construction costs of any Improved Lot or Unit shall be made unless the Bank is satisfied that the construction of such Improved Lot or Unit can reasonably be completed not later than sixty (60) days prior to the Maturity Date. FIRST AMENDMENT TO ARCHITECT'S/ENGINEER'S STATEMENTCONSENT AND AGREEMENT OF CONTRACTOR