Common use of Conformity with Phase Budget Clause in Contracts

Conformity with Phase Budget. Builder shall use its best efforts to cause each Phase to be completed in all reasonable respects in conformity with the Phase Budget. Builder shall hold monthly job cost meetings with representatives of the Owner and shall prepare monthly updates of the phase Budget with variance explanations and Project cost reports

Appears in 2 contracts

Samples: Development and Marketing Agreement (Inco Homes Corp), Development and Marketing Agreement (Inco Homes Corp)

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Conformity with Phase Budget. Builder shall use its best ---------------------------- efforts to cause each Phase to be completed in all reasonable respects in conformity with the Phase Budget. Builder shall hold monthly job cost meetings with representatives of the Owner and shall prepare monthly updates of the phase Budget with variance explanations and Project cost reports

Appears in 1 contract

Samples: Development and Marketing Agreement (Inco Homes Corp)

Conformity with Phase Budget. Builder shall use its best ----------------------------- efforts to cause each Phase to be completed in all reasonable respects in conformity with the Phase Budget. Builder shall hold monthly job cost meetings with representatives of the Owner and shall prepare monthly updates of the phase Budget with variance explanations and Project cost reportsreports showing actual expenditures made during such month and from the beginning of the phase to date, by category of expenditures, and a comparison thereof to budgeted expenses and estimated cost of completion of the improvements.

Appears in 1 contract

Samples: Development and Marketing Agreement (Inco Homes Corp)

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Conformity with Phase Budget. Builder shall use its best efforts to cause each Phase to be completed in all reasonable respects in conformity with the Phase Budget. Builder shall hold monthly job cost meetings with representatives of the Owner and shall prepare monthly updates of the phase Phase Budget with variance explanations and Project cost reportsreports showing actual expenditures made during such month and from the beginning of the Phase to date, by category of expenditure, and a comparison thereof to budgeted expenses and estimated cost of completion of the improvements.

Appears in 1 contract

Samples: Development and Marketing Agreement (Inco Homes Corp)

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