Management of Managed Facilities Renovation and Construction Projects Sample Clauses

Management of Managed Facilities Renovation and Construction Projects. Owner shall have the right, but not the obligation, to administer any Managed Facilities renovation or construction project that exceeds a total budget cost of ONE MILLION DOLLARS (US$1,000,000.00) (as such amount shall be increased annually by the Index on January 1 of each year following the Effective Date); provided, however, that (i) any Affiliate of Manager shall be allowed to bid on all such projects but shall only be awarded the right to work on the project with Owner’s prior written approval (either in an approved Business Plan or independently), which approval may be given or withheld in Owner’s sole and absolute discretion; (ii) prior to commencement of such project, Owner shall submit to Manager, for its approval, which may not be unreasonably withheld, all project plans, drawings and specifications solely for Manager to confirm compliance with the Standards and shall ensure that the final plans, drawings and specifications pursuant to which such project is undertaken conform to those approved by Manager; (iii) all materials used in, and the quality of installation and finish with respect to, such project shall be equal to or better than those required by the Standards; (iv) the contractors, architects and other consultants utilized by Owner with respect to such project shall be fully insured and bonded, to the extent available under the Applicable Law of Vietnam and to the extent that obtaining such insurance and bonding is commercially reasonable, and, to the extent that it impacts Operations, subject to the reasonable approval of Manager (based on reputation and experience); (v) such project shall be completed in accordance with the Standards; and, (vi) Owner shall (A) work cooperatively with Manager to minimize interruption to Operations of the Managed Facilities, and to the experience of the Managed Facilities’ guests, patrons and customers from such project; and, (B) coordinate with Manager prior to undertaking any activity with respect to such project that could materially and adversely affect guest, patron or customer experience at the Managed Facilities or Manager’s Operation of the Managed Facilities. The Parties shall submit any matter in dispute regarding any Managed Facilities renovation or construction project that exceeds a total budget cost of ONE MILLION DOLLARS (US$1,000,000.00) (as such amount shall be increased annually by the Index on January 1 of each year following the Effective Date) to the Operating Committee for determi...
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Related to Management of Managed Facilities Renovation and Construction Projects

  • Construction Management Landlord or its Affiliate or agent shall supervise the Work, make disbursements required to be made to the contractor, and act as a liaison between the contractor and Tenant and coordinate the relationship between the Work, the Building and the Building’s Systems. In consideration for Landlord’s construction supervision services, Tenant shall pay to Landlord a construction supervision fee equal to three percent (3%) of Tenant’s Costs specified in Section 7.

  • Construction of Project Purchaser shall (i) perform the Final Assembly Work which is set forth in Exhibit P hereto, (ii) perform all civil works (including roads, grading, maintenance facilities, meteorological towers and other items); (iii) perform all electrical works (including collection lines, Electrical Infrastructure, Transmission Facilities, Interconnection Facilities and other items); (iv) provide and install a remote terminal unit and cabling to the Substation, meteorological towers, and communications lines for the SCADA System to the Substation; and (v) provide any other items required for the operation of the Project; and

  • Personnel, Office Space, and Facilities of Manager The Manager at its own expense shall furnish or provide and pay the cost of such office space, office equipment, office personnel, and office services as the Manager requires in the performance of its investment advisory and other obligations under this Agreement.

  • Construction Management Fee In connection with the Construction Projects, on a project by project basis, Property Manager shall be paid a fee equal to five percent (5%) of the hard costs for the project in question (the “Construction Management Fee”). The Construction Management Fee shall be payable from the Operating Account or from other funds timely provided by Company.

  • Construction of the Tenant Improvements Landlord shall construct the Tenant Improvements in accordance with this exhibit and the construction contract to be executed by Landlord and its contractor(s). The construction contract for constructing the Tenant Improvements and the contractor(s) to perform the work shall be approved and/or selected, as the case may be, by Landlord at its sole and absolute discretion without the consent of Tenant.

  • Construction of the Project The Corporation hereby represents that it has caused the Project to be completed and acknowledges that it shall not be entitled to any reimbursement for the cost of construction of the Project from the Authority, the Trustee or the Holders of the Bonds, nor shall it be entitled to any diminution or postponement of the payments required to be paid by the Corporation pursuant to this Participation Agreement or the Corporation Obligations. Section 3.04.

  • Office Space, Equipment and Facilities Provide such office space, office equipment and office facilities as are adequate to fulfill the Adviser’s obligations hereunder.

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

  • Maintaining Records; Access to Properties and Inspections; Maintenance of Ratings (a) Keep proper books of record and account in which full, true and correct entries in conformity with GAAP and all requirements of law are made of all dealings and transactions in relation to its business and activities. Each Loan Party will, and will cause each of its subsidiaries to, permit any representatives designated by the Administrative Agent or any Lender to visit and inspect the financial records and the properties of such Person at reasonable times and as often as reasonably requested and to make extracts from and copies of such financial records, and permit any representatives designated by the Administrative Agent or any Lender to discuss the affairs, finances and condition of such Person with the officers thereof and independent accountants therefor.

  • Project The Land and all improvements thereon, including the Building, the Parking Facilities, and all Common Areas.

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