CONSTRUCTION AT THE CONDOMINIUM Sample Clauses

CONSTRUCTION AT THE CONDOMINIUM. BUYER understands and accepts that minor construction will be ongoing at the Condominium itself, in addition to that which may be ongoing or to occur in the future with regard to the project as a whole; that this construction will inevitably cause the BUYER some inconvenience due to dust, noise, temporary disruption of utilities, and similar construction related conditions; and that the site itself, or portions thereof, may be unfinished for some time with respect to landscaping, building exteriors, walkways, lighting and the like. BUYER may not refuse delivery of the Deed because of this construction work or improvements continuing in other units or in common areas or facilities in the Condominium, nor shall any escrow, holdback sum or security be required by reason of work being incomplete with respect to any of the common areas or facilities. The SELLER agrees, however, that all such work not completed at the time of closing will be completed by SELLER, and SELLER shall indemnify BUYER and the Condominium unit owner organization from, and hold them harmless against, claims for damage to persons or property and mechanics’ and materialmans’ liens arising out of such continuing construction work. SELLER’S construction work shall not unreasonably obstruct BUYER’S access to the Unit; however, in order to complete such work, the SELLER may, from time to time, require access to BUYER’S Unit and BUYER hereby agrees to same. In addition to the right to amend the Condominium Documents as permitted in this Agreement, the BUYER agrees that SELLER shall have an additional right
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Related to CONSTRUCTION AT THE CONDOMINIUM

  • Drawings and Specifications at the Project Site The Contractor shall keep at the Site at least one copy of the Contract Documents and Change Orders, all in good order and available to the Design Professional and to his representatives.

  • Construction Cost Estimate At 50% completion of the contract documents, the design team will present and submit copies of the project plans and manual. The Construction Administrator will prepare and issue the fourth of five construction cost estimates. The estimate shall be derived from actual takeoffs, subcontractor and vendor input, and material and labor cost data. All quantitative systems information shall be provided in detail.

  • Construction Phase Fee Contractor’s Construction Phase Fee is the maximum amount payable to Contractor for any cost or profit expectation incurred in the performance of the Work that is not specifically identified as being eligible for reimbursement by Owner elsewhere in this Agreement. References in the UGSC to Contractor’s “overhead” and “profit” mean Contractor’s Construction Phase Fee. The Construction Phase Fee includes, but is not limited to, the following items:

  • Real Estate Taxes and Special Assessments The 2022 calendar year real estate taxes due and payable in 2023 shall be paid by Seller. Seller shall credit Buyer(s) at closing for said 2022 real estate taxes payable in 2023 based on the most recent ascertainable tax figures. Xxxxx is responsible for all subsequent real estate taxes.

  • Construction Costs Under no circumstances shall the Consultant be liable for extra costs or other consequences due to unknown conditions or related to the failure of contractors to perform work in accordance with the plans and specifications. Consultant shall have no liability whatsoever for any costs arising out of the Client’s decision to obtain bids or proceed with construction before the Consultant has issued final, fully-approved plans and specifications. The Client acknowledges that all preliminary plans are subject to substantial revision until plans are fully approved and all permits obtained.

  • Construction Management Fee The Construction Management Fee for the Project shall be either a ☒Lump Sum or ☐Not-To-Exceed Fee of Fifty-One Thousand, Four Hundred Fifty-Six Dollars and Twenty-Three Cents ($51,456.23). NOTE: Allowances will be on a Not-To-Exceed basis. All unused funds will be returned to the School District at the time of construction closeout. Fee will be paid only on cost of work for these items. Exhibit C- Project Assignment Page 2 of 4

  • Construction Cost 3.1. Construction Cost does not include the fees of the ARCHITECT/ENGINEER and consultants, the cost of the land, rights- of-way, or other costs, which is the responsibility of the State as provided in Paragraphs 2.2 through 2.3. or any of the contingencies available for the project unless specifically stated otherwise.

  • Construction Manager’s Fee The following shall be deemed included in the Construction Manager’s fee for services during the Construction Phase.

  • Construction Fee A fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or to provide major repairs or rehabilitations on a Property.

  • Construction Contingency The proposed GMP Change Order shall include, as a separately identified item, a Construction Contingency sum in an initial amount (subject to increase or decrease) against which Design-Builder can draw at its election for the purposes set forth in Section 4 Part 4. The initial Construction Contingency sum shall include the contingency amounts stated in all accepted Component Change Orders.

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