Costs in Excess of GMP Sample Clauses

Costs in Excess of GMP. Costs which would cause the Guaranteed Maximum Price, if any, to be exceeded.
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Costs in Excess of GMP. All costs in excess of the GMP (as the same may be increased or decreased by Change Order from time to time) applicable to such costs.
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Costs in Excess of GMP. Any and all costs that would cause the Guaranteed Maximum Price to be exceeded..
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Costs in Excess of GMP. In the event that the sum of the Cost of the Work, the CM Fixed Fee, the reimbursable costs for General Conditions provided by the CM, and the Project Contingency exceeds the GMP and any adjustments therein as may be due pursuant to the terms hereof, the CM shall continue to perform at no additional cost to the Owner until the Project, defined by this Agreement and all Attachments hereto, is complete. The CM shall be responsible for paying all costs in accordance with the terms of this Agreement that may be necessary to complete the Project, even if such amounts are in aggregate in excess of the GMP.
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Costs in Excess of GMP. Any and all costs that would cause the GMP, as adjusted in accordance with the Contract Documents, to be exceeded.
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Costs in Excess of GMP. For any School Project, in the event that the sum of the applicable Cost of the Work, the CM Fixed Fee, the reimbursable costs for General Conditions provided by the CM, and the School Project Contingency exceeds the GMP and any adjustments therein as may be due pursuant to the terms hereof, the CM shall continue to perform at no additional cost to the Owner until the applicable School Project, defined by this Agreement and all Attachments hereto, is complete. The CM shall be responsible for paying all costs in accordance with the CM’s obligations under the terms of this Agreement that may be necessary to complete the applicable School Project, even if such amounts are in aggregate in excess of the GMP.
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Related to Costs in Excess of GMP

  • CONTRIBUTION IN THE EVENT OF JOINT LIABILITY (a) To the fullest extent permissible under applicable law, if the indemnification, hold harmless and/or exoneration rights provided for in this Agreement are unavailable to Indemnitee in whole or in part for any reason whatsoever, the Company, in lieu of indemnifying, holding harmless or exonerating Indemnitee, shall pay, in the first instance, the entire amount incurred by Indemnitee, whether for judgments, liabilities, fines, penalties, amounts paid or to be paid in settlement and/or for Expenses, in connection with any Proceeding without requiring Indemnitee to contribute to such payment, and the Company hereby waives and relinquishes any right of contribution it may have at any time against Indemnitee. (b) The Company shall not enter into any settlement of any Proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such Proceeding) unless such settlement provides for a full and final release of all claims asserted against Indemnitee. (c) The Company hereby agrees to fully indemnify, hold harmless and exonerate Indemnitee from any claims for contribution which may be brought by officers, directors or employees of the Company other than Indemnitee who may be jointly liable with Indemnitee.

  • CREDIT UNION LIABILITY FOR FAILURE TO MAKE TRANSFERS If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we may be liable for your losses or damages. However, we will not be liable for direct or consequential damages in the following events:

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