Common use of Effect of Change Orders Clause in Contracts

Effect of Change Orders. 18.8.1 Execution of a formal Change Order as defined in Subsection 18.1.2 above shall be the sole procedure for settlement of any and all issues concerning the Guaranteed Maximum Price and/or Contract Time, including any settlement based on a Claim pursuant to Article 20 hereof or pursuant to Article 22 hereof.

Appears in 3 contracts

Samples: Guaranteed Maximum Price Construction Services (Pinnacle Entertainment Inc), Agreement for Guaranteed Maximum Price Construction Services (Pinnacle Entertainment Inc), Agreement for Guaranteed Maximum Price Construction (Wynn Resorts LTD)

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Effect of Change Orders. 18.8.1 Execution of a formal Change Order as defined in Subsection 18.1.2 above shall be the sole procedure for settlement of any and all issues concerning the Guaranteed Maximum Price and/or Contract Time, including any settlement based on a Claim pursuant to Article 20 hereof or pursuant to Article 22 hereof; provided that a decision by the arbitrators in a proceeding instituted under Article 22 shall be deemed a Change Order for purposes of this Section 18.8.1.

Appears in 1 contract

Samples: Design Build Agreement (Wynn Resorts LTD)

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Effect of Change Orders. 18.8.1 Execution of a formal Change Order as defined in Subsection 18.1.2 above shall be the sole procedure for settlement of any and all issues concerning the Original Project Guaranteed Maximum Price, Expansion Project Guaranteed Maximum Price and/or Contract Time, including any settlement based on a Claim pursuant to Article 20 hereof or pursuant to Article 22 hereof; provided that a decision by the arbitrators in a proceeding instituted under Article 22 shall be deemed a Change Order for purposes of this Section 18.8.1.

Appears in 1 contract

Samples: China Construction Engineering (Wynn Resorts LTD)

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