Construction Agent Sample Clauses

Construction Agent. 15 SECTION 5. ACQUISITION OF COMPONENTS; FINANCING . . . . . . . . . . . 19
Sample 1
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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.
Sample 1
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.
Sample 1
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.
Sample 1

Related to Construction Agent

  • Documentation Agent and Syndication Agent Neither the Documentation Agent nor the Syndication Agent shall have any duties or responsibilities hereunder in its capacity as such.

  • MANAGING AGENT The Seller will be entitled to appoint the first Managing Agent, which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

  • Syndication Agent The Syndication Agent shall not have any duties or responsibilities hereunder in its capacity as such.

  • Documentation Agent 45 SECTION 10. MISCELLANEOUS................................................................................ 45

  • Agent Subject to any other written instructions of the Adviser or the Trust, the Subadviser is hereby appointed the Adviser’s and the Trust’s agent and attorney-in-fact for the limited purposes of executing account documentation, agreements, contracts and other documents as the Subadviser shall be requested by brokers, dealers, counterparties and other persons in connection with its management of the Subadviser Assets. The Subadviser agrees to provide the Adviser and the Trust with copies of any such agreements executed on behalf of the Adviser or the Trust.

  • The Auction Agent 17 6.1 Duties and Responsibilities..................................................17 6.2 Rights of the Auction Agent..................................................18 6.3 Auction Agent's Disclaimer...................................................18 6.4 Compensation, Expenses and Indemnification...................................18

  • Owner; Owner; Agent The owner of the Property is University House Gainesville, LLC. Owner has appointed The Scion Group LLC (“Manager”) as its property management agent, authorized to act on behalf of Owner. Written correspondence to any of the above should be directed to: 000 XX 00xx Xxxxxx, Xxxxxxxxxxx, XX 00000.

  • Security Agent (a) Each other Finance Party appoints the Security Agent to act as its agent and (to the extent permitted under any applicable law) trustee under and in connection with the Security Documents and confirms that the Security Agent shall have a lien on the Security Documents and the proceeds of the enforcement of those Security Documents for all moneys payable to the beneficiaries of those Security Documents.

  • Arranger KeyBanc Capital Markets or any successors thereto. Assignment and Acceptance Agreement. See §18.1.

  • Other Agents; Arrangers and Managers None of the Lenders or other Persons identified on the facing page or signature pages of this Agreement as a “syndication agent,” “documentation agent,” “co-agent,” “book manager,” “lead manager,” “arranger,” “lead arranger” or “co-arranger” shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than, in the case of such Lenders, those applicable to all Lenders as such. Without limiting the foregoing, none of the Lenders or other Persons so identified shall have or be deemed to have any fiduciary relationship with any Lender. Each Lender acknowledges that it has not relied, and will not rely, on any of the Lenders or other Persons so identified in deciding to enter into this Agreement or in taking or not taking action hereunder.

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