Common use of Revocation of Prior Approval Clause in Contracts

Revocation of Prior Approval. Owner may also nullify in whole or in part any prior approval on the basis of subsequently discovered evidence of defective Work not remedied, probable third party claims, failure of Construction Manager to pay its Subcontractors or others, reasonable evidence that the Work cannot be completed for the unpaid balance of the Contract Sum, Construction Manager damage to Owner, reasonable evidence that the Work will not be completed within the Project Schedule or persistent failure to carry out the Work in accordance with the Contract Documents. As soon as the above grounds are removed, payment will be made for the amounts withheld.

Appears in 5 contracts

Samples: Construction Management Services Agreement, Construction Management Services Agreement, Construction Management Services Agreement

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Revocation of Prior Approval. Owner may also nullify in whole or in part any prior approval on the basis of subsequently discovered evidence of defective Work not remedied, probable third party claims, failure of Construction Manager Design Builder to pay its Subcontractors or others, reasonable evidence that the Work cannot be completed for the unpaid balance of the Contract Sum, Construction Manager Design Builder damage to Owner, reasonable evidence that the Work will not be completed within the Project Schedule or persistent failure to carry out the Work in accordance with the Contract Documents. As soon as the above grounds are removed, payment will be made for the amounts withheld.

Appears in 2 contracts

Samples: Agreement for Design Build Services, Agreement for Continuing Design Build Services

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