Examples of Siemens Contract in a sentence
Without in anyway altering the rights, obligations and remedies set forth in this Agreement, the Parties acknowledge that they will reasonably cooperate in the timing of the receipt and review of Invoices and coordinate same with invoices received by Contractor under the Siemens Contract with the view to have payment milestones that are properly earned and invoiced under the Siemens Contract included as a Siemens Equipment Payment Milestone in the Invoice under this Agreement in the corresponding Month.
Accordingly, Owner hereby assigns and transfers to Contractor all of Owner’s rights, title and interest in and to, and all obligations, responsibilities, rights and liabilities related to, the Siemens Contract, and Contractor hereby agrees to accept and assume, and does hereby accept and assume, the assignment and transfer to Contractor of the Siemens Contract.
No later than thirty (30) Days after the date Owner issues NTP, Contractor shall submit to Owner for its review and written approval, a Work-specific quality control and quality assurance plan and an inspection plan, including witness points, shop inspections and shop tests (including those inspections, tests and witness points provided under the Siemens Contract for the Siemens Equipment).
As a condition precedent to Final Completion, Contractor shall deliver to Owner the Record As-Built Drawings and Specifications in accordance with Attachment B, which shall include delivery of final as-built drawing files in fully operable and editable AutoCAD.dwg (2005 or later) format for Record As-Built Drawings; provided that the Record As-Built Drawings prepared by Siemens for the Siemens Equipment shall be provided in the formats required under the Siemens Contract.
Upon assignment of the Siemens Contract to Contractor in accordance with Section 22.8, Contractor will provide a parent guarantee from Kiewit Construction Company, in a form acceptable to Contractor and Siemens, in favor of Siemens guaranteeing the payment of the Siemens Termination Payment in accordance with the Siemens Contract.
Notwithstanding anything to the contrary in this Article 20, the Parties agree to adhere to the confidentiality obligations set forth in Attachment BB with respect to (A) (i) the Siemens Contract and (ii) any information conspicuously marked and identified in writing as confidential by Siemens, as further described in Attachment BB (such information identified in accordance with clause (ii) being the “Siemens Confidential Information”) and (B) Owner’s Confidential Information disclosed to Siemens.
Contractor acknowledges that one of Owner’s primary considerations in entering into this Agreement with Contractor is Contractor’s willingness to be fully responsible for, and assume all liabilities arising out of, the Siemens Contract and the work performed by Siemens thereunder.
Thereafter, and in accordance with the timing requirements established by the Siemens Contract for issuance of full notice to proceed to Siemens under such Siemens Contract, Owner shall issue a LNTP to Contractor directing Contractor to issue a full notice to proceed to Siemens pursuant to the Siemens Contract (such limited notice to proceed issued by Owner to Contractor being the “GTG LNTP”).
All Record As-Built Drawing files shall be in fully operable and editable AutoCAD.dwg (2005 or later) format; provided, however, the Drawings (including Record As-Built Drawings) prepared by Siemens for the Siemens Equipment shall be provided in the formats required under the Siemens Contract.
Without limiting the foregoing in any way, after taking assignment of the Siemens Contract, Contractor shall not enter into any change orders or amendments, or otherwise waive or modify any rights of Contractor or obligations of Siemens, under the Siemens Contract without Owner’s prior written approval (such approval not to be unreasonably withheld).