Estimate Only Clause Samples

Estimate Only. Holder is willing to proceed with this conservation project but it expects its reasonable costs and expenses, both out-of-pocket and allocated staff time, to be defrayed by the Initial Contribution and, if needed due to unforeseen additional costs and expenses, additional contributions from Owners. Holder will endeavor to keep Owners informed of any circumstances that may result in ▇▇▇▇▇▇’s original cost estimate, upon which the Initial Contribution set forth above is based, to be exceeded.