Monitoring Surveyor definition

Monitoring Surveyor means such firm or firms of chartered surveyors, quantity surveyors or monitoring surveyors as the Agent may appoint in relation to the Projects.
View Source
Monitoring Surveyor means the entity appointed pursuant to the Appointment;
View Source
Monitoring Surveyor means such suitably qualified monitoring surveyor as may be approved by Homes England and appointed by the Grant Recipient on terms satisfactory to Homes England pursuant to clause 6.6.7;
View Source

Examples of Monitoring Surveyor in a sentence

  • The Developer shall procure that the Monitoring Surveyor will provide reports to the Development Vehicle in accordance with Part 8 of the Schedule.

  • The Developer shall notify the Monitoring Surveyor and the Development Vehicle when, in the Developer’s reasonable opinion, it believes a Phase is complete.

  • In the event either the Monitoring Surveyor or the Agent do not approve of the updated Construction Budget or request an amendment and the Borrower does not approve of such decision or does not comply with such request, as the case may be, within further 5 Business Days, the Agent may submit the matter to Monitoring Surveyor for final decision.

  • The Monitoring Surveyor shall not assign the benefit of or in any way transfer or sub-contract or delegate his obligations under this Agreement or any part of it without the written consent of the Developer.

  • The Monitoring Surveyor shall inspect a Phase in order to determine whether all Snagging has been made good.

  • If the other party fails to appoint the second Qualified Appraiser within such fifteen (15) day period, such party shall have waived its right to appoint a Qualified Appraiser, the first Qualified Appraiser shall appoint a second Qualified Appraiser within fifteen (15) days thereafter and the Fair Market Value shall be determined by the Qualified Appraisers as set forth below.

  • The Monitoring Surveyor shall use best endeavours to see that the insurance shall not be subject to any unusual or unduly onerous conditions, limitations, exclusions or unusually high excesses.

  • The Developer shall notify the Monitoring Surveyor and the Development Vehicle when, in the Developer’s reasonable opinion, it believes all Snagging in a Phase has been rectified.

  • Any sums due under this clause may be deducted from sums due to the Monitoring Surveyor or recovered as a debt.

  • Except in the case of emergency, the Monitoring Surveyor has no authority to issue any instructions, amendments, notices of default, suspension and/or termination in relation to the Building Contract and/or the Design Team Appointments without first in writing obtaining the Developer’s written approval thereto.


More Definitions of Monitoring Surveyor

Monitoring Surveyor the Lender’s monitoring surveyor in relation to the Development from time to time appointed by and / or approved by the Lender; Monitoring Surveyor’s Report: a report issued by the Monitoring Surveyor to the Lender confirming that: (a) the Development Costs are properly incurred and in accordance with the Development Budget and the Agreed Plans and supported by invoices; (b) the part of the Facility remaining undrawn after the relevant Drawdown is (subject to payment of the balance of the Borrower’s Contribution) sufficient to meet the remaining Development Costs; and (c) the Development is progressing in accordance with the Agreed Plans and Development Budget; Non Utilisation Fee: shall be, if relevant, as specified in the Specific Terms; Obligor: the Borrower, each Guarantor and any other guarantor or surety of any Liabilities; Party: a party to this Agreement and / or any other Finance Document as the context permits or dictates; Potential Event of Default: any event or circumstance specified in Clause 18 (Events of Default) which might reasonably be expected to, with the expiry of a grace period, the giving of notice, the making of any determination under a Finance Document or any combination of any of the foregoing, be an Event of Default; Practical Completion: the date of practical completion of the Development in accordance with the Agreed Plans and Construction Documents as certified by the Monitoring Surveyor; Professional Team: the architect, quantity surveyor, structural and other engineers, cost consultants and such other professional persons employed from time to time in connection with carrying out the Development; Property: shall have the meaning as set out under the Specific Terms as does the term Properties; Property Report: any certificate of or report on title supplied to the Lender in respect of a Property;.
View Source
Monitoring Surveyor means [].
View Source

Related to Monitoring Surveyor

  • Architect/Engineer means the individual, individuals, and or firm identified as the “Architect- Engineer” in the preamble of Contract executed by and between the District and the Architect- Engineer for the Project.

  • Survey means a survey of the Property prepared by a surveyor licensed in the State and satisfactory to Lender and the company or companies issuing the Title Insurance Policy, and containing a certification of such surveyor satisfactory to Lender.

  • Quantity Surveyor means a duly qualified quantity surveyor of at least five (5) year’s experience in the assessment of building material and construction costs. Quantity Surveyor Assessment means an assessment by an independent Quantity Surveyor of the Construction Cost to the reasonable satisfaction of the Council. Regulation means the Environmental Planning and Assessment Regulation, 2000 (as amended).

  • Professional surveyor means a person who, by reason of knowledge of law, mathematics, physical sciences, and techniques of measuring acquired by professional education and practical experience, is qualified to engage in the practice of professional surveying.

  • Site Assessment means a Site Assessment as defined in Paragraph 10(c).