Major Trades Sample Clauses

Major Trades. Landlord shall be entitled to authorize the Premises Contractor to utilize the following subcontractors (“Approved Subcontractors”) in each of the major trades (including, without limitation, electrical, plumbing and mechanical) already involved in the Building: American Mechanical Corporation, VECA Electric and Xxxxxxx Parks, Inc. The Premises Contractor shall not be obligated to obtain multiple bids from such Approved Subcontractors. For any subcontractors other than the Approved Subcontractors, the Premises Contractor shall promptly obtain up to three (3) competitive bids, to the extent commercially feasible. After receipt of such bids, Landlord and Tenant shall each review and consult each other regarding the bids. The Premises Contractor may present a bid from subcontractors working on the Base Building Improvements for Tenant’s review and approval as one of the bids. The subcontractors shall be selected by the Premises Contractor with the prior approval of the Landlord and Tenant. Bid packages will clearly identify and distinguish the Base Building Improvements, if any, and TI Work. Upon its request, Tenant shall be entitled to receive full copies of subcontractor bids for TI Work, and shall be entitled to receive reasonable additional written verification of any determination that such TI Work does not include any Base Building Improvements work.
Sample 1
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Major Trades. After receipt of the bids, which Landlord shall use commercially reasonable efforts to complete within thirty (30) days following Landlord’s approval of the Final Plans, Landlord shall have the right to select the subcontractor bids for the Tenant Improvement Work from the pre‑approved list of subcontractors. Landlord shall reasonably consult with Tenant on the selection of the subcontractor bids for the Major Trades and will use reasonable efforts to select the lowest subcontractor bid for the Major Trades so long as Landlord does not object to such subcontractor based on any Project Management Reasons as hereinafter defined. Notwithstanding the foregoing, provided that Landlord is acting in good faith for Project Management Reasons, Landlord shall have the right, without obtaining Tenant’s approval, to select any subcontractor bids which Landlord deems to be qualified to perform the applicable portions of the Tenant Improvement Work, provided such subcontractor’s bid for the applicable portion of the Tenant Improvement Work does not exceed the lowest received bid by more than three percent (3%). As used herein, “Project Management Reasons” shall mean (i) Landlord’s knowledge of the subcontractor project management staff for the subcontract in question, (ii) labor availability or capacity of the subcontractors in question to complete the Tenant Improvement Work by the Estimated Commencement Date, (iii) scheduling and availability of material and equipment to complete the Tenant Improvement Work by the Estimated Commencement Date. If Landlord is required to select the lowest bid subcontract for any Major Trades, Tenant agrees that any increase in the Total Costs to perform the Tenant Improvement Work from the Total Costs Notice resulting from the selection of such bid shall be 100% Tenant’s responsibility to pay, and any delay in completion of the Tenant Improvement Work resulting from use of such subcontractor shall be deemed a Tenant Delay hereunder.
Sample 1
Major Trades. Asbestos Workers Operating Engineers Boiler Makers Painters Bricklayers Pile Driver Mechanics Carpenters Pipe Fitters/Steam Fitters Cement Masons Plasterers Electricians Plumbers Elevator Construction Roofers Glaziers Sheet Metal Workers Machinists Sprinkler Fitters Machinery Movers Technical Engineers Ornamental Iron Workers Truck Drivers Xxxxxxx Xxxx Pointers For approval of other trades for consideration in the Award Criteria Figure formula, written approval should be requested from the Commission.
Sample 1

Related to Major Trades

  • Major Transaction For purposes of this Agreement, a "Major Transaction" shall be deemed to have occurred upon the closing of any of the following events: (i) the consolidation, merger or other business combination of the Company with or into another person (other than pursuant to a migratory merger effected solely for the purposes of changing the jurisdiction of incorporation of the Company or other than a transaction in which the Company is the surviving corporation); (ii) the sale or transfer of all or substantially all of the Company's assets; or (iii) the consummation of a purchase, tender or exchange offer made to, and accepted by, the holders of more than 50% of the economic interest in, or the combined voting power of all classes of voting stock of, the Company.

  • Major Transactions There are no other Major Transactions currently pending or contemplated by the Company.

  • Redemption Notice To call any Notes for Redemption, the Company must send to each Holder of such Notes, the Trustee and the Paying Agent a written notice of such Redemption (a “Redemption Notice”). Such Redemption Notice must state:

  • Current Market Price The term "Current Market Price" shall mean (i) if the Company’s common shares are traded in the over-the-counter market or on the National Association of Securities Dealers, Inc. Automated Quotations System ("NASDAQ"), the average per Share closing bid price on the 20 consecutive trading days immediately preceding the date of exercise or date of call by the Company, as reported by NASDAQ or an equivalent generally accepted reporting service, or (ii) if the Shares are traded on a national securities exchange, the average for the 20 consecutive trading days immediately preceding the exercise date or the date of call by the Company of the daily per Share closing prices on the principal stock exchange on which the Shares are listed, as the case may be. The closing price referred to in clause (ii) above shall be the last reported sales price or, if no such reported sale takes place on such day, the average of the reported closing bid and asked prices, in either case on the national securities exchange on which the Shares are then listed.

  • Put Price (a) The purchase price (i) for Unilever Shares purchased by the Company pursuant to this Agreement shall be equal to the total of (A) the Fair Market Value of such Shares, plus (B) any accrued interest and adjustments pursuant to subsection (b) of this Section 8.2 (collectively, the “Share Price”), and (ii) for Put Notes shall be equal to the Accreted Value thereof on the applicable Put Closing Date, without any payment of premium or penalty, including any premium or penalty that may be provided for in the Put Notes or the Note Indenture (collectively with the Share Price, but subject to subsection (b) of this Section 8.2, the “Put Price”).

  • Triggering Event A "Triggering Event" shall have occurred at such time at which the Grantee becomes entitled to receive from Issuer a Termination Fee pursuant to Section 8.2 of the Merger Agreement.

  • Conversion at Option of Holder (A) This Debenture shall be convertible into shares of Common Stock at the option of the Holder, in whole or in part at any time and from time to time, after the Original Issue Date (as defined in Section 4) (subject to the limitations on conversion set forth in Section 3(a)(ii) hereof). The number of shares of Common Stock issuable upon a conversion hereunder equals the quotient obtained by dividing (x) the outstanding amount of this Debenture to be converted by (y) the Conversion Price (as defined in Section 3(c)(i)). The Obligor shall deliver Common Stock certificates to the Holder prior to the Fifth (5th) Trading Day after a Conversion Date.

  • Sale Price (a) As consideration for the sale of the CEF Assets pursuant to Section 2.1 hereof, the Purchaser shall pay to the applicable Seller on the Closing Date, the CEF Purchase Price for the CEF Assets sold and transferred by such Seller to the Purchaser on the Closing Date. The CEF Purchase Price for the sale of CEF Assets shall be an amount equal to the fair market value thereof as agreed upon by the Purchaser and the applicable Seller prior to such sale.

  • Company Notice The Company shall give notice (the “Offer Notice”) to each Major Investor, stating (a) its bona fide intention to sell such New Securities, (b) the number of such New Securities to be sold and (c) the price and terms, if any, upon which it proposes to sell such New Securities.

  • Mandatory Redemption; Open Market Purchases The Issuer shall not be required to make any mandatory redemption or sinking fund payments with respect to the Notes. The Issuer, the Investors and their respective Affiliates may, at their discretion, at any time and from time to time, acquire Notes by means other than a redemption, whether by tender offer, open market purchases, negotiated transactions or otherwise.

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