Construction Documents; Payments Sample Clauses

Construction Documents; Payments. 2.01 An outline of the Leased Premises is attached hereto and made a part hereof as Schedule 1. A preliminary floor plan of the Leased Premises will be approved by the parties as soon as possible and when initialled by the parties will be incorporated by reference and made a part of this Lease as Schedule 1A. (the "Preliminary Plan") 2.02 Landlord shall cause to be prepared and submitted to Tenant for approval all drawings, plans and specifications necessary to construct the Leasehold Improvements. Within five (5) business days from the date the documents are submitted to Tenant ("Document Approval Period"), Tenant shall approve or disapprove the documents. If the Tenant disapproves the 28 documents within the Document Approval Period, then the Landlord and Tenant shall attempt to resolve the objections of Tenant; and if a resolution cannot be reached within ten (10) days of Tenant's notice of disapproval, then either Tenant or Landlord shall have the right to terminate the Lease by written notice to the other. The fees and expenses for preparing the drawings, plans and specifications shall be included in the Final Cost (defined in paragraph 2.03 below).
Sample 1
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Construction Documents; Payments. 2.1 The following companies have prepared the Approved Plan, Tenant Specifications, Building Standards and the General Contractor's Bid, which are to comprise the Construction Documents: General Contractor: ICON General Contractors, Inc. and Architectural: HDL Design and Interior Specialist (collectively, the "Consultants"). The fees and expenses of the Consultants shall be included in the Turnkey Costs. 2.2 Tenant acknowledges that Landlord's sole obligation is to pay the Turnkey Costs attributable to the construction of the Leasehold Improvements pursuant to the Construction Documents. All costs resulting from any changes to the Construction Documents made by Tenant which result in additional costs over and above the Turnkey Costs (including, without limitation, fees and expenses of the Consultants and any increased costs of construction) shall be paid by Tenant ("Tenant's Share").
Sample 1
Construction Documents; Payments. 2.01 The parties have approved a preliminary floor plan for the Leased ---- Premises, a copy of which is attached to the Lease as Schedule 1 (the "Preliminary Plan"). 2.02 Landlord shall cause to be prepared and submitted to Tenant for ---- approval all drawings, plans and specifications necessary to construct the Leasehold Improvements. Within five (5) business days from the date the documents are submitted ("Document Approval Period"), Tenant shall approve or disapprove the documents. Landlord and Tenant shall attempt to resolve the objections of Tenant; If Tenant and Landlord disagree on the drawings and specifications and a resolution cannot be reached after ten (10) days of good faith negotiations then the documents are deemed approved. The fees and expenses for preparing the drawings, plans and specifications shall be included in the Final Cost (defined in paragraph 2.03 below). 2.03 Upon Tenant's approval of the final form of the drawings, plans and ---- specifications, which shall constitute the Construction Documents, Landlord shall prepare an analysis of the cost of constructing the Leasehold Improvements according to the Construction Documents (the "Final Cost") and submit such analysis to Tenant for its approval. Within five (5) business days from the date the Final Cost has been submitted ("Cost Approval Period"), Tenant shall approve or disapprove the Final Cost. If Tenant fails to respond within the Cost Approval Period, it shall be conclusively presumed that Tenant has approved the Final Costs. If Tenant does not approve the Final Cost, it shall promptly notify Landlord; in which case Tenant and Landlord shall use their best efforts to amend the Construction Documents in a manner satisfactory to each. If they are unable to do so within 5 days after Tenant notifies Landlord as provided in the preceding sentence, either party may terminate the Lease by delivering written notice to the other. Tenant acknowledges that Landlord's sole monetary obligation is to pay the costs attributable to the construction of the Leasehold Improvements, up to an aggregate maximum limit of $10.00 per square foot of Tenant's Square Footage (the "Allowance"), and Tenant shall pay all other costs of the construction of the Leasehold Improvements ("Tenant's Share"). Landlord also agrees to pay up to an additional $10.00 per square foot of Tenant's Square Footage as additional allowance to be reimbursed by Tenant as additional Base Rent, amortized using 12% annual int...
Sample 1
Construction Documents; Payments. 2.01 The parties have approved a preliminary floor plan for the Leased Premises, a copy of which is attached to the Lease as Schedule 1 (the "Preliminary Plan"). The estimated cost of completing the Leasehold Improvements according to the Preliminary Plan (the "Estimate") is $12.30
Sample 1
Construction Documents; Payments. 2.01 The parties have approved a preliminary floor plan for the Leased Premises, a copy of which is attached to the Lease as Schedule 1 (the "PRELIMINARY PLAN"). Landlord's approval of the Preliminary Plan shall create no responsibility or liability on the part of Landlord for their completeness, design sufficiency, or compliance with laws, rules and regulations of governmental agencies or authorities. 2.02 Tenant shall cause to be prepared and submitted to Landlord for approval all drawings, plans and specifications necessary to construct the Leasehold Improvements. Tenant acknowledges that such drawings, plans and specifications shall incorporate entryways that comply with Building standards. Within five (5) business days from the date the documents are submitted ("DOCUMENT APPROVAL PERIOD"), Landlord shall approve or disapprove the documents. At the end of such five (5) business day period, Tenant shall incorporate all reasonable changes requested by Landlord and such revised Documents shall be delivered to Landlord for Landlord's review and approval, which approval shall not be unreasonably withheld or delayed. Upon Landlord's approval of the final form of the drawings, plans and specifications, such approved documents shall constitute the Construction Documents. The fees and expenses for preparing the drawings, plans and specifications shall be included as part of the cost of the Leasehold Improvements to which the Allowance may apply.
Sample 1
Construction Documents; Payments. 2.01 The parties have approved and executed Construction Documents for the Leased Premises, a copy of which is attached hereto as Exhibit 1. Landlord shall be solely responsible at Landlord's cost to buildout the Base Tenant Improvements. Tenant shall be solely responsible at Tenant's expense for any Extraordinary Tenant Improvements.
Sample 1
Construction Documents; Payments. 2.01 The parties have approved a preliminary floor plan for the Leased ---- Premises, a copy of which is attached to the Lease as Schedule 1 (the "Preliminary Plan"). The estimated cost of completing the Leasehold Improvements according to the Preliminary Plan (the "Estimate") is $________. The Estimate represents Landlord's good faith estimate of the cost of completing the Leasehold Improvements. Landlord shall have no liability if the Final Cost (defined in paragraph 2.03 below) is greater than the Estimate. 2.02 Tenant, within 60 days hereof, shall as a part of the allowance for ---- ---- improvement cause the Consultants (defined below) to prepare and submit to Landlord for approval or disapproval all drawings, plans and specifications necessary to construct the Leasehold Improvements. The following companies shall prepare the drawings, plans and specifications which are to comprise the Construction Documents: Architectural ____________________: Mechanical _______________________: Electrical _______________________: Plumbing _________________________: (collectively, the "Consultants"). The fees and expenses of the Consultants for preparing the initial drawings, plans and specifications which are to comprise the Construction Documents shall be included in the Final Cost (defined in paragraph 2.03 below) and allocated accordingly between Base Tenant Improvements and Extraordinary Tenant Improvements. Tenant shall receive an appropriate credit for any advance payments made to the Consultants.
Sample 1
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Related to Construction Documents; Payments

  • Construction Documents Phase Bidding or Negotiation Phase:

  • Construction Documents The architectural and engineering documents setting forth the design for the Project prepared by the Design Professional. Construction Documents include, but are not limited to, the Specifications, the Drawings, the Supplementary Conditions, the General Conditions, and all Addenda.

  • Construction Document Phase 1.4.1 Based on the approved Design Development Documents, Guaranteed Maximum Price, coordinated models and any further adjustments in the scope or quality of the Project or in the Amount Available for the Construction Contract authorized by the Owner, the Architect/Engineer shall prepare, for approval by the Owner and review by the Construction Manager, Construction Documents consisting of Drawings, Schedules and Specifications derived from the model(s) in accordance with Owner’s written requirements setting forth in detail the requirements for construction of the Project, including, without limitation, the BIM Execution Plan and “Facility Design Guidelines”. The Plans, Drawings and Specifications for the entire Project shall be so prepared that same will call for the construction of the building and related facilities, together with its built-in permanent fixtures and equipment which will cost not more than the Guaranteed Maximum Price accepted by Owner, or the Amount Available for the Construction Contract established by Owner if no Guaranteed Maximum Price proposal has been accepted by Owner. The Architect/Engineer will be responsible for managing the design to stay within such Guaranteed Maximum Price proposal or Amount Available for the Construction Contract. The Architect/Engineer shall review the Construction Documents as they are being prepared at intervals appropriate to the progress of the Project with the Owner and Construction Manager at the Project site or other location specified by Owner in the State of Texas. The Architect/Engineer shall utilize the model(s) to support the review process during Construction Documents. The Architect/Engineer shall provide the Construction Manager with a compact disc containing documents and data files derived from the model to assist the Construction Manager in fulfilling its responsibilities to the Owner. 1.4.2 As a part of Construction Documents Phase, Architect/Engineer shall accomplish model coordination, aggregation and “clash detection” to remove conflicts in design between systems, structures and components. Architect/Engineer shall demonstrate and provide written assurance to Owner that all conflicts/collisions between models have been resolved. 1.4.3 The Architect/Engineer shall consult with the Owner and Construction Manager on matters such as construction phasing and scheduling, bid or proposal alternates, liquidated damages, the construction contract time period, and other construction issues appropriate for the Project. The Architect/Engineer shall assist the Owner and Construction Manager in the preparation of the necessary bidding information, bidding forms, RFP information, and RFP forms, and the Conditions of the Contract. 1.4.4 The Architect/Engineer shall assist the Owner in connection with the Owner’s responsibility and procedures for obtaining approval of all building and accessibility authorities having jurisdiction over the Project. 1.4.5 The Architect/Engineer shall provide coordination and inclusion of sequence of operations for all operable systems in the facility as defined by Owner during Design Development. 1.4.6 The Architect/Engineer shall review the Estimated Construction Cost prepared by the Construction Manager, and shall provide written comments. 1.4.7 The Architect/Engineer shall participate in a final review of the Construction Documents and model(s) with the Owner and Construction Manager at the Project location or other location specified by Owner in the State of Texas. Prior to the Owner’s approval of the Construction Documents, the Architect/Engineer shall incorporate such changes as are necessary to satisfy the Owner’s review comments. 1.4.8 Before proceeding into the Bidding and Proposal Phase, the Architect/Engineer shall obtain Owner’s written acceptance of the Construction Documents and approval of the Final Amount Available for the Construction Contract as approved by the Board of Regents.

  • Acquisition Documents As of the Closing Date: (a) Borrower has furnished Bank with true, correct and complete execution copies of all Acquisition Documents. Borrower has taken all necessary corporate action to authorize the execution, delivery and performance of each Acquisition Document to which it is a party. (b) Borrower has complied with all applicable federal, state, provincial and local laws, ordinances, codes, rules, regulations and guidelines (including consent decrees and administrative orders) relating to the consummation of the Acquisition and all applicable waiting periods with respect to the transactions contemplated by the Acquisition Documents have expired without any action being taken by any competent governmental authority which restrains, prevents or imposes material adverse conditions upon the consummation of such transactions. (c) All necessary authorization, consent, approval, license, qualification or formal exemption from, and all necessary filing, declaration or registration with, any court, governmental agency or regulatory authority or any securities exchange or any other Person (whether or not governmental, and including without limit any shareholder, partner or member of an applicable party) required to be made prior to the closing of the Acquisition in connection with the execution, delivery and performance by Borrower, and to Borrower’s best knowledge, each other party to the Acquisition Documents to which Borrower or such other Person is a party, have been obtained and will be in full force and effect, and, to the knowledge of Borrower, are not the subject of any attack or threatened attack (in each case in any material respect) by appeal or direct proceeding or otherwise. (d) The execution, delivery and performance of the Acquisition Documents, and the consummation of the transactions contemplated thereby, are not in contravention of the terms of any indenture, material contract, instrument, any judgment, order or decree, to which Borrower is a party or by which it or its properties are bound, except, in each case, where such contravention could not reasonably be expected to have a Material Adverse Effect. (e) Borrower has not granted a collateral assignment of, or a security interest over the Acquisition Documents (other than in favor of Bank) and Borrower has not sold, transferred or assigned any Acquisition Document to any Person (other than to or in favor of Bank). (f) No Acquisition Document to which Borrower is a party has been modified, amended, altered or changed in any manner except in compliance with Section 7.12 of this Agreement, and to Borrower’s best knowledge, there are no unwaived defaults existing under the Acquisition Documents by Borrower that is a party thereto, or, to the best of the knowledge of Borrower, by any other party thereto.

  • Formation Documents With respect to the Issuing Entity, the Certificate of Trust and the Trust Agreement, (ii) with respect to the Grantor Trust, the Grantor Trust Certificate of Trust and the Grantor Trust Agreement, and (iii) with respect to the Depositor, the certificate of formation of the Depositor filed in Delaware, dated as of January 4, 2019 and the amended and restated limited liability company agreement of the Depositor, dated as of March 27, 2019, made by the Sponsor, as member.

  • Description of the Transaction Documents The Transaction Documents will conform in all material respects to the respective statements relating thereto contained in the Offering Memorandum.

  • Complete Agreement; Construction This Agreement, including the Schedules hereto, shall constitute the entire agreement between the Parties with respect to the subject matter hereof and shall supersede all previous negotiations, commitments and writings with respect to such subject matter. In the event of any inconsistency between this Agreement and any Schedule, the Schedule shall prevail. The rights and remedies of the Parties herein provided shall be cumulative and in addition to any other or further remedies provided by law or equity.

  • Operative Documents On or before the Closing Date, each of the Operative Documents to be delivered at the Closing shall have been duly authorized, executed and delivered by the parties thereto in substantially the form attached as an Exhibit hereto, shall each be in full force and effect, and executed counterparts of each shall have been delivered to each of the parties hereto.

  • Other Transaction Documents Each representation and warranty made by the Servicer under each other Transaction Document to which it is a party (including, without limitation, the Purchase and Sale Agreement) is true and correct in all material respects as of the date when made.

  • Authorization Documents For each Loan Party, such Person’s (a) charter (or similar formation document), certified by the appropriate governmental authority; (b) good standing certificates in its state of incorporation (or formation) and in each other state requested by the Administrative Agent; (c) bylaws (or similar governing document); (d) resolutions of its board of directors (or similar governing body) approving and authorizing such Person’s execution, delivery and performance of the Loan Documents to which it is party and the transactions contemplated thereby; and (e) signature and incumbency certificates of its officers executing any of the Loan Documents (it being understood that the Administrative Agent and each Lender may conclusively rely on each such certificate until formally advised by a like certificate of any changes therein), all certified by its secretary or an assistant secretary (or similar officer) as being in full force and effect without modification.

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