Owner’s Response. Owner will respond to the Time Extension Request by providing to Contractor written notice of the number of days granted, if any, and giving its reason if this number differs from the number of days requested by Contractor.
Owner’s Response. Owners shall, within thirty (30) Days after receipt of Contractor Response (the “Owners Response Period”): (i) notify Contractor as to whether it agrees or disagrees with such Contractor Response, and of Owners’ position regarding the effect of the Changes and the Change Order Request on the Target Price, Project Schedule, or other applicable provision of this Agreement and (ii) embody the agreed upon changes in the Work, the Target Price, or the Project Schedule in a document substantially in the form of Exhibit F-3 to be executed by the Parties (a “Change Order”). During the Owners Response Period, the Owners Representative and the Contractor’s Representative shall make themselves available and shall use reasonable efforts to meet or otherwise confer to discuss the Change Order Request, Contractor Response and the estimates therein contained, and to answer any questions or clarify any information provided with respect thereto. Owners or the Owners Representative may request the Contractor’s Representative to provide additional reasonable information or further information and data to the extent Contractor has failed to provide such information and data required to be provided or if there are errors, mistakes, or omissions in any information or data previously provided as part of the estimates contained in the Contractor Response. If Contractor fails to provide data or information required to be provided as part of the Contractor Response or fails to correct any errors or mistakes in such information or data, which prevents Owners from properly analyzing such data, or information, the Owners Response Period will be extended by that period of time commencing on the date Contractor receives notice of such failure, error, or mistake and ending on the date the correct data and information is received by Owners.
Owner’s Response. The Owner will respond to the Time Extension Request by providing to the CM-at-Risk written notice of the number of days granted, if any, and giving its reason if this number differs from the number of days requested by the CM-at-Risk.
Owner’s Response. If Offeree elects to purchase the Premises, then within five (5) business days after receipt of Offeree’s Election Notice, Owner shall return to Offeree and Escrow Holder as identified in the Purchase Agreement a signed counterpart of the Purchase Agreement with the Offer Terms incorporated therein. If the parties have not mutually executed and delivered the Purchase Agreement within thirty (30) days following Offeree’s Election Notice, or if Offeree does not elect to purchase the Premises, Owner may, at its election, and subject to the terms of this paragraph, during the twelve (12) month period following the date of the Offer Notice, enter into a letter of intent or purchase and sale agreement to sell and thereby Transfer the Premises described in the Offer Notice to any entity at such economic and non-economic terms as are acceptable to Owner and such third party purchaser without any Material Modification (as described in Section 1.2 below) to the Offer Terms. If Owner does not Transfer the Premises described in the Offer Notice within the above described twelve (12) month period (and subject to Section 1.2 below), then Owner shall submit to Offeree a new Offer Notice with respect to the Premises prior to selling the Premises upon terms and conditions set forth in the new Offer Notice.
