Construction Properties Sample Clauses

Construction Properties. Subject to the terms and conditions of this Lease, on the Acquisition Date for each Construction Property (i) the Lessor shall purchase a fee interest in the relevant parcel of Land, or acquire a leasehold interest in such parcel of Land pursuant to a Ground Lease, and (ii) the Lessor shall demise and lease to the Lessee hereunder for the Lease Term applicable thereto the Lessor's interest in such Land together with any Improvements which then may be located thereon or thereafter may be constructed thereon pursuant to the Construction Agency Agreement or this Lease, and the Lessee hereby agrees to lease from the Lessor for such Lease Term, the Lessor's interest in such Land together with the Lessor's interest in such Improvements.
Construction Properties. In addition to the conditions specified in (a) and (b) above, the occurrence of the Acquisition Date with respect to each Construction Property is subject to the following conditions precedent (except as otherwise provided in SECTION 4.2(d)):
Construction Properties. Notwithstanding anything to the contrary in this SECTION 27, the Lessee's obligation to indemnify any Indemnitee for any Claim or Imposition relating to a Construction Property during the Construction Period applicable thereto shall be subject to the provisions of SECTION 2.9 of the Construction Agency Agreement.
Construction Properties. Each Prime Construction Contract for a Construction Property provides for the Construction of the Improvements described on the Plans and Specifications for such Construction Property, upon the Land described in the Deed or Ground Lease for such Construction Property for a fixed price or a guaranteed maximum price on or before the expiration of the Construction Period for such Construction Property, and contains a retainage provision withholding an amount not less than ten percent (10%) of the fixed or guaranteed maximum price to be paid by Construction Agent thereunder until the satisfactory completion of the services to be provided by the Prime Contractor thereunder. All Governmental Actions (including building, demolition and environmental permits), easements and rights-of-way required for the Construction of the Improvements on any Construction Property in accordance with the Plans and Specifications therefor and the Construction Agency Agreement have either been obtained from the appropriate Governmental Authorities having jurisdiction or from private parties, as the case may be, or will be obtained from the appropriate Governmental Authorities having jurisdiction or from private parties, as the case may be, at or before the time required by all Requirements of Law and otherwise in a manner so as not to impede the Substantial Completion of such Construction on or before the expiration of the Construction Period for such Construction Property.
Construction Properties. (i) Each EPC Construction Contract, in the case of EPC Construction Property, will provide for construction, on a turn-key basis, of the Improvements thereto for a fixed price or a guaranteed maximum price on or before a date certain and will contain customary retainage provisions. (ii) (A) Each GC Construction Contract, in the case of GC Construction Property, will provide for construction of that portion of the Improvements to be built pursuant thereto for a fixed price or a guaranteed maximum price on or before a date certain and will contain customary retainage provisions.
Construction Properties. Each Construction Property will be subjected to the terms of this Agreement upon the execution and delivery of a Construction Agency Agreement Supplement on the Acquisition Date therefor.
Construction Properties. If a Casualty or Condemnation shall affect any Construction Property for which the Lease Term has not commenced, the terms of the Construction Agency Agreement shall apply. ARTICLE XX
Construction Properties 

Related to Construction Properties

  • The Properties Attached hereto as Schedule I is the description of certain Land (the "Subject Property"). Effective upon the execution and delivery of this Lease Supplement by Lessor and Lessee, such Land, together with any Building and other improvements thereon or which thereafter may be constructed thereon shall be subject to the terms and provisions of the Lease and Lessor hereby grants, conveys, transfers and assigns to the Related Lessee those interests, rights, titles, estates, powers and privileges provided for in the Lease with respect to the Subject Property.

  • Project 3.01. The Recipient declares its commitment to the objectives of the Project. To this end, the Recipient shall carry out the Project in accordance with the provisions of Article IV of the General Conditions.

  • Construction Plans Tenant shall prepare final plans and specifications for the Tenant Improvements that (a) are consistent with and are logical evolutions of the Approved Schematic Plans and (b) incorporate any other Tenant-requested (and Landlord-approved) Changes (as defined below). As soon as such final plans and specifications ("Construction Plans") are completed, Tenant shall deliver the same to Landlord for Landlord's approval, which approval shall not be unreasonably withheld, conditioned or delayed. All such Construction Plans shall be submitted by Tenant to Landlord in electronic .pdf, CADD and full-size hard copy formats, and shall be approved or disapproved by Landlord within ten (10) business days after delivery to Landlord. Landlord's failure to respond within such ten (10) business day period shall be deemed approval by Landlord. If the Construction Plans are disapproved by Landlord, then Landlord shall notify Tenant in writing of its objections to such Construction Plans, and the parties shall confer and negotiate in good faith to reach agreement on the Construction Plans. Promptly after the Construction Plans are approved by Landlord and Tenant, two (2) copies of such Construction Plans shall be initialed and dated by Landlord and Tenant, and Tenant shall promptly submit such Construction Plans to all appropriate Governmental Authorities for approval. The Construction Plans so approved, and all change orders approved (to the extent required) by Landlord, are referred to herein as the "Approved Plans."

  • CONSTRUCTION OF THE PROJECT/ APARTMENT The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the [Apartment/Plot] and accepted the floor plan, payment plan and the specifications, amenities and facilities [annexed along with this Agreement] which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye-laws, FAR and density norms and provisions prescribed by the [Please insert the relevant State laws]and shall not have an option to make any variation /alteration / modification in such plans, other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of the Agreement.

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or JLL, which consent may be withheld in the Owner’s sole discretion.