Common use of Soil Reports Clause in Contracts

Soil Reports. Lender and Construction Consultant shall have received and reviewed a soil composition and test boring report and a foundation report satisfactory to Lender regarding the Land, by a licensed professional engineer satisfactory to Lender. Any recommendations of the engineer in the soil report shall be incorporated into the Plans.

Appears in 2 contracts

Sources: Construction Loan Agreement (Plasma Therm Inc), Construction Loan Agreement (Plasma Therm Inc)

Soil Reports. Lender and Construction Consultant shall have received and reviewed approved a soil composition and test boring report and a foundation report satisfactory to Lender regarding the Land, by a licensed professional engineer satisfactory to Lender. Any recommendations of the engineer in the soil report shall be incorporated into the Plans.

Appears in 1 contract

Sources: Developmental Loan Agreement