Contractor Preliminary Notice Sample Clauses

Contractor Preliminary Notice. Promptly upon becoming aware that any of the foregoing will impact the Contract Amount, the Project Schedule any other obligation or potential liability of Contractor under the Agreement, Contractor shall give preliminary notice thereof to Owner and shall within fifteen (15) days after such preliminary notice prepare and deliver to Owner a request for a Change Order which shall describe such condition or event in detail and the adjustments to the Work (including the impact of such change on the Contract Amount, the Project Schedule and any other obligation or potential liability of Contractor under the Agreement, taking into account the effect of such change on the Work and other agreed upon and contemplated Change Orders. If it is not reasonably practicable to obtain within the aforesaid period the information needed, then such period shall be extended as may be reasonable under the circumstances, and Contractor shall provide Owner with reports, no less frequently than bi-weekly, as to Contractor's best estimate of the adjustment to the Work, Guaranteed Commercial Operation Date and Contract Amount. Thereafter, the procedures set forth in Section 11.1.2 shall apply. Unless otherwise set forth herein or agreed by the Parties, adjustments to the Contract Amount shall be based on Contractor's Compensable Costs, plus profit thereon at the rate of twelve percent (12%). In connection with any Change Order issued under this Section, any other provisions of this Agreement (including the Annexes or Exhibits) affected by the Change Order shall be suitably adjusted.
Sample 1
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Related to Contractor Preliminary Notice

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  • Preliminary Settlement Statement Seller and Buyer shall execute and deliver the Preliminary Settlement Statement.

  • Notice of Completion; Copy of Record Set of Plans Within twenty (20) days after completion of construction of the Improvements, Tenant shall cause a Notice of Completion to be recorded in the office of the Recorder of the county in which the Building is located in accordance with Section 3093 of the Civil Code of the State of California or any successor statute, and shall furnish a copy thereof to Landlord upon such recordation. If Tenant fails to do so, Landlord may execute and file the same as Tenant’s agent for such purpose, at Tenant’s sole cost and expense. At the conclusion of construction, (i) Tenant shall cause the Architect and Contractor (A) to update the Approved Working Drawings as necessary to reflect all changes made to the Approved Working Drawings during the course of construction, (B) to certify to the best of their knowledge that the “record-set” of as-built drawings are true and correct, which certification shall survive the expiration or termination of this Lease, and (C) to deliver to Landlord two (2) sets of copies of such record set of drawings within one hundred twenty (120) days following issuance of a certificate of occupancy for the Premises, and (ii) Tenant shall deliver to Landlord a copy of all warranties, guaranties, and operating manuals and information relating to the improvements, equipment, and systems in the Premises.

  • Statutory Notice The following notice is given pursuant to Section 432.045 of the Missouri Revised Statutes; nothing contained in such notice will be deemed to limit or modify the terms of the Loan Documents or this Amendment: ORAL AGREEMENTS OR COMMITMENTS TO LOAN MONEY, EXTEND CREDIT OR TO FORBEAR FROM ENFORCING REPAYMENT OF A DEBT INCLUDING PROMISES TO EXTEND OR RENEW SUCH DEBT ARE NOT ENFORCEABLE. TO PROTECT YOU (BORROWER(S)) AND US (CREDITOR) FROM MISUNDERSTANDING OR DISAPPOINTMENT, ANY AGREEMENTS WE REACH COVERING SUCH MATTERS ARE CONTAINED IN THIS WRITING, WHICH IS THE COMPLETE AND EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN US, EXCEPT AS WE MAY LATER AGREE IN WRITING TO MODIFY IT.

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  • Events Requiring Notice The Company shall be required to give the notice described in this Section 8 upon one or more of the following events: (i) if the Company shall take a record of the holders of its Shares for the purpose of entitling them to receive a dividend or distribution payable otherwise than in cash, or a cash dividend or distribution payable otherwise than out of retained earnings, as indicated by the accounting treatment of such dividend or distribution on the books of the Company, (ii) the Company shall offer to all the holders of its Shares any additional shares of capital stock of the Company or securities convertible into or exchangeable for shares of capital stock of the Company, or any option, right or warrant to subscribe therefor, or (iii) a dissolution, liquidation or winding up of the Company (other than in connection with a consolidation or share reconstruction or amalgamation) or a sale of all or substantially all of its property, assets and business shall be proposed.

  • Construction Schedule 5.1 Coordination:

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