Façade Sample Clauses
The Façade clause defines the requirements and responsibilities related to the external appearance and structure of a building's façade. It typically outlines standards for materials, design, maintenance, and any modifications to the façade, ensuring consistency with architectural plans or local regulations. This clause helps maintain the aesthetic integrity and safety of the building, preventing unauthorized changes and ensuring compliance with agreed-upon specifications.
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Façade. In consideration of the benefits received by Grantor under the Redevelopment Agreement, Grantor hereby agrees to subject the façade of the Property to the restrictions described herein.
Façade. Prior to Closing, Seller shall cause all work performed in connection with the repair of the façade pursuant to that certain Short Form Agreement Between the Owner and the Contractor for a Stipulated Sum, dated February 22, 2024, by and between Premier Project Management LLC, as Agent for PIM TRS Boston Back Bay LLC, and Patriot Restoration, Inc (the “Façade Work Contract”) to be completed in its entirety, including, without limitation, all items noted in that certain Letter regarding Exterior Wall Review Update, dated February 5, 2024, by ▇▇▇▇▇▇▇▇ Architects to PIM Boston Back Bay LLC (the “Façade Review Update”) (such work, collectively, the “Façade Work”), and Seller shall (a) have obtained and delivered to Purchaser (x) a current Exterior Wall Certificate (as defined under the Exterior Wall Ordinance) issued for the Improvements and (y) evidence that all costs and expenses with respect to the Façade Work and the Exterior Wall Certificate have been paid in full and (b) take such action as may be required by the Title Company to release any Monetary Title Encumbrances caused by the Façade Work; provided, Seller may satisfy this obligation (and same shall not be a Seller Default) by (1) providing Purchaser with a credit at Closing in an amount equal to the sum of any unpaid costs and expenses required to complete the Façade Work and obtain the Exterior Wall Certificate (the “Façade Work Credit”) and (2) assigning the Façade Work Contract to Purchaser at Closing pursuant to the Assignment and Assumption Agreement.
(c) The Purchase Agreement is hereby amended to add the following as the second to last paragraph of Section 7.6 thereof: In the event Seller has not satisfied the requirements of Section 6.8 as of the Closing Date, Seller shall provide (and no Seller Default shall have occurred if Seller provides) Purchaser with a credit at Closing in the amount of the Façade Work Credit.
Façade. In consideration of the benefits received by Redeveloper under the Redevelopment Agreement, Redeveloper hereby agrees to subject the façade of the Private Improvements located on the Redeveloper Property to the restrictions described herein.
Façade. In consideration of the benefits received by REDEVELOPER under the Redevelopment Agreement, REDEVELOPER hereby agrees to subject the façade of the Property to the restrictions described herein.
Façade. (a) Section 1.1 of the Purchase Agreement is hereby amended to add the following defined terms in the appropriate alphabetical location: