Major Subcontracts definition

Major Subcontracts means any subcontracts under the Construction Contracts which provide for aggregate payments in excess of $1,000,000.

Major Subcontracts. The term “Major Subcontracts” as used in this Agreement shall mean any contract or contracts entered into with any single subcontractor or materialman employed by the General Contractor or the Borrower in connection with the construction of the Improvements and providing for aggregate payments to such subcontractor or materialman equal to or in excess of $1,000,000.00.

Major Subcontracts means any contract between Contractor and any Major Subcontractor.

Examples of Major Subcontracts in a sentence

• Contractor shall include audit provisions identical to this Section 3.13 in all Major Subcontracts.

• The following Subcontracts are Major Subcontracts, and will apply even if the actual contractual arrangement is as a Sub-subcontractor.

• Maintenance Contractor shall provide TxDOT with a list of all Subcontractors from time to time upon request, shall allow TxDOT access to all Subcontracts and records regarding Subcontracts and shall deliver to TxDOT, within 10 Days after execution, copies of all Major Subcontracts and, within 10 Days after receipt of a request from TxDOT, copies of all other Subcontracts as may be requested.

• Developer shall not enter into any Major Subcontracts except in accordance with the foregoing procedure; provided, however, that this Section 7.3.4(a) shall not apply to Major Subcontracts entered between Developer and a Subcontractor identified in Developer’s Proposal.

• Developer shall not enter into any Major Subcontracts except in accordance with the foregoing procedure; provided however that this Section 7.3.4(a) shall not apply to Major Subcontracts entered between Developer and a Subcontractor identified in Developer’s Proposal.

More Definitions of Major Subcontracts

Major Subcontracts. All subcontracts between the General Contractor and any subcontractors and material suppliers which provide for an aggregate contract price equal to or greater than $250,000.

Major Subcontracts means the subcontracts of each and every subcontractor or material supplier whose bid represents 10% or more of the total costs of Completion of the Improvements and a sufficient number of subcontractors' and material suppliers' contracts whose bids collectively represent not less than 70% of the total costs of Completion of the Improvements.

Major Subcontracts has the meaning given to such term in the definition of Material Contracts.

Major Subcontracts means (i) all Subcontracts with compensation exceeding [*]; (ii) those Subcontracts that include the performance of any of the following Services: (a) installation or maintenance of high voltage electrical systems; fire and life safety systems; critical process control systems including without limitation building automation systems and critical equipment monitoring

Major Subcontracts. All subcontracts between the General Contractor and any subcontractors and material suppliers which provide for an aggregate contract price equal to or greater than $500,000.00. Material Adverse Change or material adverse change: If, in Lender's reasonable discretion, the business prospects, operations or financial condition of a person, entity or property has changed in a manner which could impair the value of Lender's security for the Loan, prevent timely repayment of the Loan or otherwise prevent the applicable person or entity from timely performing any of its material obligations under the Loan Documents.

Major Subcontracts means any subcontracts entered into, or to be entered into, by Tenant and/or any Subtenant for any Major Construction for an aggregate value in excess of $50,000.00, as such contracts may from time to time be modified, amended, waived, cancelled, terminated, substituted, or replaced in good faith.

Major Subcontracts means a contract between Developer and a contractor or between the General Contractor and a subcontractor for the construction of the Project which has a face value of at least $50,000.