Examples of Additional Owner in a sentence
Unless otherwise provided in the relevant Change Order or Change Directive or in the Construction Contract, Hospital will pay all Additional Owner Payments to Contractor on a progress payment basis in the manner and at the times contemplated by the Construction Contract.
At any time and from time to time, Manager and any Owner or any Affiliate of an Owner (an “Additional Owner”) which enters into a management agreement with Manager for the operation of an additional Hotel (an “Additional Hotel”), the Additional Owner may become a party to this Agreement by signing an accession agreement confirming the applicability of this Agreement to such Additional Hotel.
The Consultant will issue a certificate for payment to the Owner of Additional Owner Payments payable by the Owner in respect to the application for payment from the Contractor in the amount applied for or in such other amount as the Consultant determines to be properly due.
Owner agrees to pay the Additional Owner Payments as Project Co may direct in accordance with any such direction.
If the Owner claims an Existing Interest for any of the Additional Owner Utilities, documentation with respect to such claim shall be submitted to TxDOT as part of this Amendment and the attached Plans, in accordance with Paragraph 15(a) of the Original Agreement.