Continuation of Construction Sample Clauses
The Continuation of Construction clause ensures that construction work proceeds without interruption, even if certain disputes or issues arise during the project. Typically, this clause requires contractors to continue performing their obligations while disagreements are resolved through designated processes, such as negotiation or arbitration. Its core practical function is to prevent costly delays and maintain project momentum, thereby minimizing disruptions and financial risks for all parties involved.
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Continuation of Construction. BNPPLC may perform or cause to be performed any work to complete or continue the construction of the Construction Project. In this regard, so long as work ordered or undertaken by BNPPLC is not substantially inconsistent (to the extent practicable under Applicable Laws) with the general description of the Construction Project set forth in Exhibit B and the permitted use of the Property set forth in the Lease, BNPPLC will have complete discretion to:
(a) proceed with construction according to such plans and specifications as BNPPLC may from time to time approve;
(b) establish and extend construction deadlines as BNPPLC from time to time deems appropriate, without obligation to adhere to any deadlines for construction by NAI set forth in this Agreement;
(c) hire, fire and replace architects, engineers, contractors, construction managers and other consultants as BNPPLC from time to time deems appropriate, without obligation to use, consider or compensate architects, engineers, contractors, construction managers or other consultants previously selected or engaged by NAI;
(d) determine the compensation that any architect, engineer, contractor, construction manager or other consultant engaged by BNPPLC will be paid, and the terms and conditions that will govern the payment of such compensation (including whether payment will be due in advance, over the course of construction or on some other basis and including whether contracts will be let on a fixed price basis, a cost plus a fee basis or some other basis), as BNPPLC from time to time reasonably deems appropriate;
(e) pay, settle or compromise existing or future bills and claims which are or may be liens against the Property or as BNPPLC reasonably considers necessary or desirable for the completion of the Construction Project or the removal of any clouds on title to the Property;
(f) prosecute and defend all actions or proceedings in connection with the construction of the Construction Project;
(g) select and change interior and exterior finishes for the Improvements and landscaping as BNPPLC from time to time deems appropriate; and
(h) generally do anything that NAI itself might have done if NAI had satisfied or obtained BNPPLC’s waiver of the conditions specified therein.
Continuation of Construction. Borrower shall not cease construction of any Home for more than thirty (30) days without the consent of Lender for any cause not a Force Majeure Event (or for any period up to, in the aggregate, ninety (90) consecutive days as a result of one or more Force Majeure Events).
Continuation of Construction. The Tenant declares that it agrees that the Landlord, at its exclusive discretion, may continue to construct the building in which the Leased Premises and its systems are located, and that the Tenant may not object to such construction so long as the construction does not cause a change in the structure of the Leased Premises.
Continuation of Construction. After the occurrence of a Construction Termination Event (without regard to whether Lessor has notified Lessee that Lessor is terminating the Facility 2 Lease Agreement or whether Lessee has elected to exercise the Marketing Option as provided in clause (ii) above), Lessee shall continue diligently to construct the New Improvements in accordance with this Agreement until the Completion thereof; provided, however, that:
Continuation of Construction. BNPLC may perform or cause to be performed any work to complete or continue the construction of the Construction Project. In this regard, so long as work ordered or undertaken by BNPLC is substantially consistent (to the extent practicable under Applicable Laws) with the general description of the Construction Project set forth in Exhibit B to the Construction Management Agreement and the permitted use of the Property set forth in subparagraph 3.(a), BNPLC shall have complete discretion to:
a) proceed with construction according to such plans and specifications as BNPLC may from time to time approve;
b) establish and extend construction deadlines as BNPLC from time to time deems appropriate, without obligation to adhere to the deadlines for Construction Milestones set forth in the Construction Management Agreement;
c) hire, fire and replace architects, engineers, contractors, construction managers
Continuation of Construction. Seller shall, from and after the ---------------------------- Effective Date of this Agreement to the date of Closing, (i) continue to prosecute the construction and development of the Project in accordance with the Plans and Specifications and the Permitted Exceptions with diligence and without interruption, unless such interruption is due to an event or occurrence beyond Seller's reasonable control (it being agreed, however, that lack of funds and contractor defaults are not events or occurrences beyond Seller's reasonable control), (ii) except for change orders which would not require Purchaser's prior consent if effectuated after Closing as provided in Paragraph 16(d) hereof, not modify, amend, or terminate the Architect's Agreement or the Construction Agreements without the prior written consent of Purchaser, which consent shall not be unreasonably withheld or delayed, (iii) not waive any rights of Seller under the Architect's Agreement or Construction Contracts, and (iv) perform and discharge all of the duties and obligations and comply with every covenant and agreement of the Seller or the "Owner" under the Architect's Agreement and Construction Agreements, in the manner and within the time limits required thereunder. Furthermore, Seller shall, for the same period of time, use diligent and good faith efforts to cause the Architect and the Contractors to perform all of their respective duties and obligations and otherwise comply with each and every one of their respective covenants and agreements under the Architect's Agreement and Construction Agreements.
Continuation of Construction. BNPLC may perform or cause to be performed any work to complete or continue the construction of the
Continuation of Construction. Sellers shall diligently continue construction at each applicable Project in substantial accordance with the plans and specifications therefor and comply in all material respects with all ordinances, regulations and governmental requirements in connection therewith.
Continuation of Construction. BNPPLC may perform or cause to be performed any work to complete or continue the construction of the Construction Project. In this regard, so long as work ordered or undertaken by BNPPLC is substantially consistent (to the extent practicable under Applicable Laws) with the general description of the Construction Project set forth in Exhibit B to the Construction Management Agreement and the permitted use of the Property set forth in subparagraph, BNPPLC shall have complete discretion to: