Common use of Soils Tests Clause in Contracts

Soils Tests. Borrower shall have provided Lender and Lender shall have approved a soils test report for the Subdivision prepared by a licensed soils engineer satisfactory to Lender showing the locations of, and containing boring logs for, all borings.

Appears in 2 contracts

Sources: Borrowing Base Revolving Line of Credit Agreement (William Lyon Homes), Borrowing Base Revolving Line of Credit Agreement (William Lyon Homes)

Soils Tests. Borrower shall have provided the Lender and Lender shall have approved a soils compaction test report for the Subdivision prepared by a licensed soils engineer reasonably satisfactory to the Lender showing the locations of, and containing boring logs for, all boringsborings in the same form as those previously delivered to the Lender in connection with existing Approved Subdivisions.

Appears in 2 contracts

Sources: Master Revolving Line of Credit Loan Agreement (Crescent Operating Inc), Master Revolving Line of Credit Loan Agreement (Crescent Operating Inc)

Soils Tests. Borrower shall have provided Lender Bank and Lender Bank shall have approved a soils test report for the Subdivision prepared by a licensed soils engineer satisfactory to Lender Bank showing the locations of, and containing boring logs for, all borings.

Appears in 1 contract

Sources: Borrowing Base Revolving Line of Credit Agreement (William Lyon Homes)