Common use of Boiler and Machinery Clause in Contracts

Boiler and Machinery. If the Boiler and Machinery equipment is put in service prior to the expiration of the builder's risk policy and prior to certification of building completion the Manager shall notify the Owner so that the Owner may exercise its option to purchase Boiler and Machinery coverage if needed.

Appears in 2 contracts

Samples: Development Agreement (Wells Real Estate Investment Trust Inc), Development Agreement (Wells Real Estate Investment Trust Inc)

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Boiler and Machinery. If the Boiler and Machinery equipment is put in service prior to the expiration of the builder's ’s risk policy and prior to certification of building Stadium completion the Manager Owner’s Representative shall notify the Owner so that the Owner may exercise its option to purchase Boiler and Machinery coverage if needed.

Appears in 1 contract

Samples: Representative Agreement

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Boiler and Machinery. If the Boiler and Machinery equipment is put in service prior to the expiration of the builder's risk policy and prior to certification of building completion the Manager Developer shall notify the Owner so that the Owner may exercise its option to purchase Boiler and Machinery coverage if needed.

Appears in 1 contract

Samples: Development Agreement (Wells Real Estate Investment Trust Inc)

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