Construction Agent Clause Samples

Construction Agent. 15 SECTION 5. ACQUISITION OF COMPONENTS; FINANCING . . . . . . . . . . . 19
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Construction Agent. Borrower acknowledges and agrees that BNP Management, Inc., in addition to its property management services described herein, shall serve as Borrower's agent-in-fact for purposes of supervising and exercising Borrower's rights under the SouthTrust Loan and this Loan. In consideration of such services, Borrower agrees to pay BNP Management, Inc. on or before the first advance of the Loan, a fee equal to $26,400.00 and to fully reimburse BNP Management, Inc. for all costs and expenses incurred directly or indirectly by BNP Management, Inc. in connection with the supervision and implementation of the SouthTrust Loan and this Loan, including without limitation, personnel costs, travel costs, overhead, closing costs, all bank fees and related expenses and attorneys' fees. Borrower further agrees that so long as BNP Management, Inc. acts within the scope of its authority under this Agreement and is not guilty of any willful misconduct or gross negligence, Borrower shall indemnify and save harmless BNP Management, Inc. from any and all liabilities, costs, claims, expenses and damages, including reasonable attorneys' fees, in connection with or related to BNP Management, Inc.'s supervision and implementation of the SouthTrust Loan and this Loan. Notwithstanding anything contained herein to the contrary, under no circumstances shall BNP Management, Inc. be deemed a general contractor for the Property, but instead, shall be deemed the agent-in-fact for the Borrower. In addition, Borrower agrees to pay BNP Management, Inc. a loan fee equal to $52,125.00 on or before the first advance of the Loan, which fee is due and deemed earned as of the date of such initial advance of the Loan for services rendered by BNP Management, Inc. in connection with the SouthTrust Loan.
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Construction Agent. XXX or its designee, which shall serve as construction agent for the Project and for the construction of the Work.
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Construction Agent. The City has contracted with the YMCA to serve as the City’s Construction Agent for the Project. The City may communicate to the Architect/Engineer or perform the City’s responsibilities under this Agreement by or through the YMCA; provided however, the YMCA shall not have any authority to make or provide any agreements, approvals, consents, waivers or similar decisions to be made by the City under this Agreement.
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Related to Construction Agent

  • Construction Manager The individual, partnership, corporation, joint venture, or any combination thereof, or its authorized representative, named as such by the District. If no Construction Manager is used on the Project that is the subject of this Contract, then all references to Construction Manager herein shall be read to refer to District.

  • Construction Representatives Landlord hereby appoints the following person(s) as Landlord’s representative (“Landlord’s Representative”) to act for Landlord in all matters covered by this Work Letter Agreement: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇▇. Tenant hereby appoints the following person(s) as Tenant’s representative (“Tenant’s Representative”) to act for Tenant in all matters covered by this Work Letter Agreement: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇. All communications with respect to the matters covered by this Work Letter Agreement are to be made to Landlord’s Representative or Tenant’s Representative, as the case may be, in writing in compliance with the notice provisions of the Lease. Either party may change its representative under this Work Letter Agreement at any time by written notice to the other party in compliance with the notice provisions of the Lease.

  • Construction, Etc Each covenant contained herein shall be construed (absent express provision to the contrary) as being independent of each other covenant contained herein, so that compliance with any one covenant shall not (absent such an express contrary provision) be deemed to excuse compliance with any other covenant. Where any provision herein refers to action to be taken by any Person, or which such Person is prohibited from taking, such provision shall be applicable whether such action is taken directly or indirectly by such Person. For the avoidance of doubt, all Schedules and Exhibits attached to this Agreement shall be deemed to be a part hereof.

  • Construction Clearing All timber is designated for cutting that is within the clearing limits of roads constructed hereunder or is in other authorized clearings. All dead or unstable live trees are designated for cutting that are sufficiently tall to reach Purchaser’s landings or the roadbed of Specified and Temporary Roads when Marked in advance of felling of timber in the immediate vicinity. Pieces meeting Utilization Standards from such dead or unstable live trees shall be removed, unless there is agreement that to do so could damage the road. Such designation may be revised as part of agreed changes in road location under B5.2.

  • Construction Administration Redeveloper shall be responsible for all components of the Redeveloper Improvements constructed by Redeveloper including construction management, coordination of contractors and regulatory permitting and other requirements. Redeveloper and its contractor(s) shall reasonably cooperate with City contractors performing work in the vicinity of the Redevelopment Project Area including, but not limited to, Redeveloper's scheduling of its work to provide for a smooth sequence of operations. The Redeveloper will be solely responsible for payment of all construction costs for the Redeveloper Improvements as set forth in this Redevelopment Agreement.