Common use of Changes or Amendments to Project Documents Clause in Contracts

Changes or Amendments to Project Documents. The Authority may make, authorize or permit such changes or amendments to the Project Documents as the Authority may reasonably determine necessary or desirable, and provided that no such change or amendment of a material nature shall be made unless there are delivered to the Authority the following certificates: (a) the Independent Architect shall certify that the proposed changes or amendments will not materially alter the size, scope or character of the Project or impair the structural integrity or utility of the Project, and (b) the Construction Manager shall certify that the proposed changes or amendments will not cause the total estimated cost to complete the Project to exceed the amount on deposit in the Construction Fund (plus a reasonable estimate of investment income thereon and on other Funds and Accounts established under the Project Indentures, held by the Trustee and to be deposited in the Construction Fund, determined pursuant to Section 3.11 hereof).

Changes or Amendments to Project Documents. The Authority may make, authorize or permit such changes or amendments to the Project Documents as the Authority may reasonably determine necessary or desirable, and provided that no such change or amendment of a material nature shall be made unless there are delivered to the Authority the following certificates: (a) the Independent Architect shall certify that the proposed changes or amendments will not materially alter the size, scope or character of the Project or impair the structural integrity or utility of the Project, and (b) the Construction Manager shall certify that the proposed changes or amendments will not cause the total estimated cost to complete the Project to exceed the amount on deposit in the Construction Fund (plus a reasonable estimate of investment income thereon and on other Funds and Accounts established under the Project Indentures, held by the Trustee and to be deposited in the Construction Fund, determined pursuant to Section 3.11 hereof). No such changes or amendments will impose an additional funding requirement on the City.