Condo Conversion Sample Clauses

Condo Conversion. If the Project is converted from an apartment project, as presently contemplated by the parties, to a project involving condominium or co-op ownership, then the other provisions of this Agreement notwithstanding, Architect/Prime Consultant shall to the fullest extent permitted by law, and even in situations involving actual or alleged “design defects” or “active negligence” by one or more indemnitees, release, indemnify and hold harmless Subconsultant and its affiliated entities and individuals, and each of them, from and against whatever claims, costs, losses and/or liability may arise concerning the services performed or undertaken pursuant to this Agreement or concerning the Project; provided, however, that no indemnification obligation shall apply to any indemnitee concerning that indemnitee’s sole negligence or willful misconduct. These provisions shall survive the termination of this Agreement; and in the event that any portion of these provisions shall be prohibited by law, then these provisions shall not be void, but rather shall be interpreted as applying only to the fullest extent allowed by law. Project Name: Hermosa View School New Construction and Modernization Address: ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ / ▇▇▇▇▇: ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ Project Type: Education – K-12 Project Description: Demolition of some of the existing classroom buildings, administration building, and site work. Construction of new 2-story admin classroom building, two new kindergarten classroom buildings, and kitchen addition to existing MPR building. Construction of a new parking lot, playfields, and site improvements including retaining walls. New Buildings - Building B (Admin & Classrooms) (15,693 SF), Building F.1 (Kindergarten) (6,425 SF), Building F.2 (Kindergarten) (9,708 SF). Existing Buildings A, C, D and E (mechanical and lighting scope included) A. Compensation for the scope of services in accordance with the attached exhibit(s) shall be based upon the following fixed fee(s): Pre-Construction Phase $ 4,600.00 Construction Phase $ 5,900.00 Functional Phase $ 21,700.00 Post Construction Phase $ 5,300.00 B. Reimbursable expenses are in addition to the compensation listed above and shall include transportation (auto rental, taxi, bus, airfare), meals, and lodging, plus other expenses incurred in connection with out of town travel (must be approved by Client), costs for reproductions (copies, binding, blueprints, CADD plotting), mileage, parking costs, postage and messenger deliver...
Condo Conversion. Nothing herein is intended to prevent the conversion of the Community from a rental structure to an ownership structure. In the event that ▇▇▇▇▇▇▇▇▇ seeks to convert the Community to condominium style ownership at any point in the future, the parties hereby agree to negotiate, in good faith, such amendments to this Covenant as are necessary and appropriate to bind individual unit owners and any condominium association consistent with the terms and provisions of this Covenant.