Feasible Schedule Sample Clauses
A Feasible Schedule clause defines the requirement for creating and maintaining a project timeline that is realistic and achievable given the project's scope and available resources. This clause typically obligates the parties to agree on a schedule that accounts for all major milestones, deadlines, and dependencies, and may require regular updates or adjustments if circumstances change. Its core practical function is to ensure that all parties have a clear, mutually understood plan for project completion, thereby reducing the risk of delays and disputes over timing.
Feasible Schedule. The Landlord has carefully examined and analyzed the site, the Conceptual Plans and Specifications and all factors related to its proposal for the Landlord's Work and agrees that the Substantial Completion Date is feasible and reasonable. The Landlord further agrees that, the Landlord and the Design/Builder are better able than the Tenant, the Tenant's consultants or any other of the Tenant's representatives to provide the services herein for the Tenant in the Tenant's best interest, and to assess such feasibility and reasonableness, and do fully accept the risks of substantially completing the Landlord's Work prior to the Substantial Completion Date, subject to the other terms and conditions of this Lease Agreement.
Feasible Schedule. The Landlord has carefully examined and analyzed the site, the Conceptual Plans and Specifications and all factors related to its proposal for the Landlord’s Work and agrees that the Substantial Completion Date is feasible and reasonable. The Landlord further agrees that, the Landlord and the Design/Builder are better able than the Tenant, the Tenant’s consultants or any other of the Tenant’s representatives to provide the services herein for the Tenant in the Tenant’s best interest, and to assess such feasibility and reasonableness, and do fully accept the risks of substantially completing the Landlord’s Work prior to the Substantial Completion Date, subject to the other terms and conditions of this Lease Agreement.
(i) Independent Architect. Any disputes arising in connection with the approvals required under this Section 2.3, consistency of each of the phases of plans and specifications under Subsections 2.3(b) and (d) above, or errors and omissions from previously approved plans and specifications shall be referred to Hellmuth, Obata & Kassabaum (the “Independent Architect”) for binding arbitration. These binding arbitration proceedings shall be conducted in Tampa, Florida, and the parties acknowledge that Design/Builder shall be included as a party to the binding arbitration. With respect to any binding arbitration conducted under this Section, the Independent Architect shall enter a final written decision with five (5) business days of the receipt of the proposed Design Development Documents or the proposed Final Construction Documents, as applicable, and written comments of each party. Neither party can dismiss the Independent Architect from appointment hereunder without the written consent of the other party. Should the Independent Architect be dismissed by mutual agreement of the parties, or should the Independent Architect resign this appointment, a new independent third party architect will be selected by mutual agreement of the parties. The Independent Architect’s reasonable fees and costs shall be shared equally between Landlord and Tenant.