Condemnation Repair Work definition

Condemnation Repair Work shall have the meaning set forth in Section 15.2 of this Agreement.
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Condemnation Repair Work. With respect to any Condemnation Repair Work exceeding the cost of Twenty Million and No/100 Dollars ($20,000,000.00),the Authority shall have the right to (i) Approve the general contractor and lead architect, if any, selected by XxxxXx to perform the Condemnation Repair Work, (ii) approve the terms of the contracts with the general contractor and lead architect, if any, selected by XxxxXx to perform the Condemnation Repair Work, (iii) approve all contracts requiring payment greater than Ten Million and No/100 Dollars ($10,000,000.00) recommended by StadCo to be entered into by StadCo for the Condemnation Repair Work, and (iv) engage an independent construction representative to review the Condemnation Repair Work, the cost of such representative shall be shared equally between StadCo and the Authority. To the extent any Condemnation Repair Work is not performed by StadCo’s employees, such Condemnation Repair Work must be performed on an arm’s-length, bona fide basis by Persons who are not Affiliates of StadCo and on commercially reasonable terms given the totality of the then-existing circumstances.
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Condemnation Repair Work. With respect to any Condemnation Repair Work exceeding the amount of Twenty Million and No/100 Dollars ($20,000,000.00), the Authority shall have the right to (x) Approve the terms of the contracts with the general contractor and lead architect, if any, to perform the Condemnation Repair Work, (y) Approve all contracts requiring payment greater than Ten Million and No/100 Dollars ($10,000,000.00) recommended by StadCo to be entered into by StadCo for the Condemnation Repair Work, and (z) engage an independent construction representative to review the Condemnation Repair Work, the cost of such representative shall be shared equally between StadCo and the Authority. To the extent any Condemnation Repair Work is not performed by StadCo’s employees, such Condemnation Repair Work must be performed on an arm’s-length, bona fide basis by Persons who are not Affiliates of StadCo and on commercially reasonable terms given the totality of the then-existing circumstances.
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Examples of Condemnation Repair Work in a sentence

  • To the extent any Condemnation Repair Work is not performed by StadCo’s employees, such Condemnation Repair Work must be performed on an arm’s-length, bona fide basis by Persons who are not Affiliates of StadCo and on commercially reasonable terms given the totality of the then-existing circumstances.


More Definitions of Condemnation Repair Work

Condemnation Repair Work. With respect to any Condemnation Repair Work exceeding the cost of Twenty Million and No/100 Dollars ($20,000,000.00),the Authority shall have the right to
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Condemnation Repair Work has the meaning set forth in Section 20.2.2.
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Condemnation Repair Work means the repair, alteration and restoration, including temporary repairs for the protection of Persons or Property pending the completion of any part thereof, of the remaining part of the Complex Site described in clause (a) of the definition thereof to substantially its former condition to the extent that the same may be feasible and in accordance with the Base Complex Plan that has been Approved pursuant to the terms of this Agreement, as and if required, to the extent practical and permitted by Applicable Law.
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Condemnation Repair Work. With respect to any Condemnation Repair Work exceeding the amount of Five Million and No/100 Dollars ($5,000,000.00), the Authority shall have the right to (i) Approve the terms of the contracts with the general contractor and lead architect, if any, to perform the Condemnation Repair Work,
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Condemnation Repair Work. With respect to any Condemnation Repair Work exceeding the amount of twenty million dollars ($20,000,000), the Authority shall have the right to (i) Approve the terms of the contracts with the general contractor and lead architect, if any, to perform the Condemnation Repair Work, (ii) Approve all contracts requiring payment greater than ten million dollars ($10,000,000) recommended by StadCo to be entered into by StadCo for the Condemnation Repair Work, and
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Condemnation Repair Work shall have the meaning set forth in Section 23.2. “Construction Funds Trust Agreement” shall mean the Construction Funds Trust Agreement by and among (i) the Authority, (ii) StadCo, (iii) the State of Tennessee, acting through its Department of Finance & Administration, (iv) Xxxxx Xxxx LaSalle America, Inc., in its capacity as construction monitor thereunder, and (v) Regions Bank, an Alabama state banking corporation, not individually but solely as trustee thereunder to establish such accounts and to accept, hold, track, and disburse various contribution amounts, and other trust funds deposited with it and the earnings thereon in accordance with the terms of such agreement.
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Related to Condemnation Repair Work

  • Repairs means the repairs to be made to the Mortgaged Property, as described on the Repair Schedule of Work (Exhibit C) or as otherwise required by Lender in accordance with this Loan Agreement.

  • Repair means to restore to proper operating condition a tank, pipe, spill prevention equipment, overfill prevention equipment, corrosion protection equipment, release detection equipment or other UST system component that has caused a release of product from the UST system or has failed to function properly.

  • Partial Condemnation means any Condemnation which does not constitute a Termination Event.

  • Major repair means either: (1) for a dispersal system, repairs required for an OWTS dispersal system due to surfacing wastewater effluent from the dispersal field and/or wastewater backed up into plumbing fixtures because the dispersal system is not able to percolate the design flow of wastewater associated with the structure served, or (2) for a septic tank, repairs required to the tank for a compartment baffle failure or tank structural integrity failure such that either wastewater is exfiltrating or groundwater is infiltrating.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Condemnation means a temporary or permanent taking by any Governmental Authority as the result or in lieu or in anticipation of the exercise of the right of condemnation or eminent domain, of all or any part of the Property, or any interest therein or right accruing thereto, including any right of access thereto or any change of grade affecting the Property or any part thereof.

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of

  • Emergency Repairs means repairs to a utility facility located in or adjacent to a primary city street that must be performed immediately when the necessity arises to safeguard life or property or maintain continued operation of the facility.

  • Required Repairs shall have the meaning set forth in Section 7.1.1 hereof.

  • Renovation means rehabilitation that involves costs of 75 percent or less of the value of the building before rehabilitation.

  • Repair or replacement means the restoration of vehicles, vessels, or outboard

  • Landlord Work means the work, if any, that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”), if any, attached to this Lease as Exhibit C.

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth).

  • Casualty Loss has the meaning set forth in Section 6.3(b).

  • Emergency repair means work necessary to prevent destruction or dilapidation to real property or structural appurtenances thereto immediately threatened or damaged by fire, flood, earthquake or other disaster.

  • demolition work means a method to dismantle, wreck, break, pull down or knock down of a structure or part thereof by way of manual labour, machinery, or the use of explosives;

  • Construction Work means any work in connection with⎯

  • Casualty shall have the meaning set forth in Section 6.2 hereof.

  • Landlord’s Work means the work of constructing the Tenant Improvements.