Common use of New utilities Clause in Contracts

New utilities. Developer shall be entitled to a Change Order: (i) increasing the Price to compensate Developer for any increase in Developer’s costs incurred in performing the Utility Adjustment Work that is directly attributable to a New Utility (including reimbursements owed to Utility Owners but excluding delay and disruption damages), and (ii) extending the applicable Completion Deadline as a result of any delay in the Critical Path directly attributable to performing the Utility Adjustment Work directly attributable to a New Utility. Developer shall keep records of its costs related to New Utilities separate from other costs. Subject to the foregoing, the amount of such Change Order shall be determined in accordance with Section 12.

Appears in 8 contracts

Samples: Comprehensive Development Agreement, Comprehensive Development Agreement, Comprehensive Development Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!