Demolition Contract definition

Demolition Contract means that certain AIA101-2007 Standard Form of Agreement Between Owner and Contractor executed as of March 30, 2016 between Borrower and Demolition Contractor, as the same may have been amended, supplemented or otherwise modified, from time to time.
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Demolition Contract means that certain AIA101-2007 Standard Form of Agreement Between Owner and Contractor executed as of March 30, 2016 between Borrower and Demolition Contractor, as may be amended, supplemented or otherwise modified, from time to time, in accordance with this Agreement or any other contract between Borrower and Demolition Contractor approved by Lender under this Agreement.
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Demolition Contract has the meaning ascribed to such term in the Master Loan Agreement.
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Examples of Demolition Contract in a sentence

  • DVK shall receive no compensation for the Property and shall not be reimbursed for any additional expenses beyond the demolition costs outlined in DVK’ Demolition Contract with the CITY.

  • Seller shall be entitled to make progress and final payment(s) of the sum to be paid to the contractor under the mutually-approved Demolition Contract (the "Contract Amount") from the amount deposited in escrow pursuant to Paragraph 2.2(b) above.

  • As of the Effective Time, Gramercy Buyer shall assume the L▇ ▇▇▇▇▇ Demolition Contract.

  • During the continuance of an event of default by Demolition Contractor under the Demolition Contract (following any required notice to such Demolition Contractor and the expiration of any applicable cure period), Lender shall be entitled to withhold the portion of a Disbursement to Borrower which would be otherwise payable to the Demolition Contractor absent such event of default.

  • Until all work thereunder has been performed, the Demolition Contract shall remain in full force and effect, shall not have been modified without Lender’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed, and no material default or event of default shall exist thereunder by Borrower.

  • Seller represents and warrants that, as of the Effective Date, (a) Seller has paid to the Contractor an amount equal to Fifty Thousand Six Hundred Seventy Nine and 16/100 Dollars ($50,679.16) under the Demolition Contract for the SEC Assemblage Demolition (the “Completed Payment”) and (b) the outstanding amount due under the Demolition Contract for the completion of the SEC Assemblage Demolition is Two Hundred Two Thousand Seven Hundred Fifteen and 84/100 Dollars ($202,715.84) (the “Outstanding Payment”).

  • Building materials that the successful Bidder purchases for incorporation into the Project will be exempt from state sales and use taxes if the successful Bidder provides a properly completed Ohio Department of Taxation Demolition Contract Exemption Certificate to the vendors or suppliers when acquiring the materials.

  • SIGNATURE PAGE TO DEMOLITION CONTRACT IN WITNESS WHEREOF, the parties hereto have, through their duly authorized representatives, executed this Demolition Contract as of the date first above written.

  • Only such items as affect the scope of the demolition work not being performed in accordance with the Demolition Contract attached hereto as Exhibit B, or which affect the environmental condition of the Property and were not discovered or could not reasonably be discovered by Purchaser prior to Purchaser's original delivery of its Notice of Intent to Proceed may be raised by the Purchaser at this time.


More Definitions of Demolition Contract

Demolition Contract means that certain Demolition Contract dated as of November 1, 2014, by and between the City and the Developer.
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Demolition Contract has the meaning specified in Section 6.06.
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Related to Demolition Contract

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • 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 Contractor means a person who undertakes to or offers to undertake to, or purports to have the capacity to undertake to, or submits a bid to, or does himself or by or through others, construct, alter, repair, add to, subtract from, improve, move, wreck, or demolish any building, highway, road, railroad, excavation, or other structure, project, development, or improvement to real property, or to do any part thereof. "Construction contractor" includes subcontractors, specialty contractors, prime contractors, and any person receiving consideration for the general supervision and/or coordination of such a construction project except for remediation contracting. This definition shall govern without regard to whether or not the construction contractor is acting in fulfillment of a contract.

  • Demolition means the wrecking or taking out of any load-supporting structural member of a facility together with any related handling operations or the intentional burning of any facility.