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Common use of Joint Ventures and Partnerships Clause in Contracts

Joint Ventures and Partnerships. If the CM/GC is a joint venture or a partnership, each joint venture member or partner is executing this CM/GC Contract on behalf of and thereby binds both itself and the CM/GC, and each joint venture member or partner and the CM/GC shall be jointly and severally liable under this CM/GC Contract.

Appears in 5 contracts

Samples: Construction Manager/General Contractor Agreement, Construction Manager/General Contractor Agreement, Construction Manager/General Contractor Agreement

Joint Ventures and Partnerships. If the CM/GC is a joint venture or a partnership, each joint venture member or partner is executing this CM/GC Contract on behalf of and thereby binds both itself and the CM/GC, and each joint venture member or partner and the CM/GC shall be jointly and severally liable under this CM/GC Contract.

Appears in 3 contracts

Samples: Cm/Gc Contract, Construction Manager/General Contractor Contract, Cm/Gc Contract