Common use of The CM/GC Agrees Clause in Contracts

The CM/GC Agrees. (a) To be bound to the Subordinate CM/GC by all the obligations that the Owner owes to the CM/GC under the Contract Documents. (b) To pay the Subordinate CM/GC upon the payment of certificates issued under the schedule of values described in the General Conditions the amount allowed to the CM/GC on account of the Subordinate CM/GC's work to the extent of the Subordinate CM/GC's interest therein within seven days of receipt of payment from the Owner; provided, however, that retainage shall be released to the Subordinate CM/GC as provided by law and in accordance with the statutory affidavit set forth in Section 7, Forms. (c) To pay the Subordinate CM/GC upon the payment of certificates issued otherwise than the schedule of values such manner that at all times the Subordinate CM/GC's total payments shall be as large in proportion to the value of the work done by the Subordinate CM/GC as the total amount certified and paid to the CM/GC is to the value of the work done by the Subordinate CM/GC. (d) To pay the Subordinate CM/GC a just share of any property insurance money received by the CM/GC and due to Subordinate CM/GC for work performed by Subordinate and paid for by insurance. (e) That no claim for services rendered or materials supplied or other matters by the CM/GC against the Subordinate CM/GC shall be valid unless written notice thereof is given by the CM/GC to the Subordinate CM/GC prior to or during the first ten days of the calendar month following that in which the CM/GC determines that the claim is chargeable against that Subordinate CM/GC. (f) To give the Subordinate CM/GC, upon its request, an opportunity to be present with CM/GC and to submit evidence in any dispute involving rights of the Subordinate CM/GC.