Rejection of GMP Proposal Sample Clauses

Rejection of GMP Proposal. If the Owner rejects the Design-Builder's proposed GMP Change Order, Design-Builder may, but shall not be obligated to, revise and resubmit same. In the event no GMP Change Order can be agreed upon, Design-Builder shall continue its performance under any Component Change Orders then outstanding and with the performance of any other services required under this Contract until such time that a GMP Change Order is approved or either party elects to terminate this Contract.
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Rejection of GMP Proposal. If the Board rejects the CMR's proposed GMP Change Order, CMR may, but shall not be obligated to, revise and resubmit same. In the event no GMP Change Order can be agreed upon, CMR shall continue its performance under any Component Change Orders then outstanding and with the performance of any other services required under this Contract until such time that a GMP Change Order is approved or either party elects to terminate this Contract.
Sample 1Sample 2
Rejection of GMP Proposal. If the Owner rejects the Construction Manager's proposed GMP Change Order, Construction Manager shall revise and resubmit same to the Owner within five (5) business days. In the event no GMP Change Order can be agreed upon the Construction Manager shall continue its performance under any Component Change Orders then outstanding, and with the performance of any other services required under this Agreement until such time as either party shall terminate this Agreement.
Sample 1

Related to Rejection of GMP Proposal

  • Rejection State Street reserves the right to decline to process or delay the processing of a payment order which (a) is in excess of the collected balance in the account to be charged at the time of State Street's receipt of such payment order; (b) if initiating such payment order would cause State Street, in State Street's sole judgment, to exceed any volume, aggregate dollar, network, time, credit or similar limits upon wire transfers which are applicable to State Street; or (c) if State Street, in good faith, is unable to satisfy itself that the transaction has been properly authorized.

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