Roof Repair. Purchaser acknowledges that portions of certain Improvements located on the Property have been damaged prior to the Effective Date ("Roof Damage") and such Improvements require Repairs as more particularly described in the Roof Repair Contract (defined below) ("Roof Repairs"). Purchaser acknowledges that as of the Effective Date, Seller has entered into (i) that certain General Construction Services Contract with BluSky Restoration Contractors dated June 25, 2010 for the repair of the Roof Damage; and (ii) that certain Hazardous Materials Abatement Agreement with BluSky Restoration Contractors, Inc. dated June 25, 2010 for ACM roof abatement (collectively (i) and (ii) shall be defined herein as the "Roof Repair Contract") and that notwithstanding Section 11.5, such Roof Repair Contract shall not be deemed a Property Contract. The Roof Repair Contract shall be delivered to Purchaser during the Feasibility Period pursuant to Section 3.5.2. Purchaser acknowledges that the Roof Repairs may not be completed prior to the Closing Date. Purchaser acknowledges and agrees that it may not terminate the Roof Repair Contract pursuant to this Article XI, that the Roof Damage shall not be characterized as Major Damage or Minor Damage pursuant to this Article XI and that Purchaser may not terminate this Contract based on the Roof Damage. If the Roof Repairs are not completed prior to the Closing Date, at Seller's option and in Seller's sole discretion, either: (a) Purchaser shall proceed to Closing in accordance with the Contract, Seller shall assign and Purchaser shall assume all of Seller's rights, obligations and liabilities under the Roof Repair Contract (provided that Seller shall be responsible for payment of costs associated with that portion of the Roof Repairs completed prior to the Closing Date), Purchaser shall be responsible for completing the Roof Repairs, and Seller shall provide a credit against the Purchase Price to Purchaser in an amount necessary to complete the Roof Repairs (including the full amount of the Roof Repair Contract less any amounts which may already have been spent by Seller toward such Roof Repairs); or (b) Closing shall be postponed until the Roof Repairs are complete and the Roof Repair Contract is fulfilled, as evidenced by (i) delivery to Purchaser of a copy of the document from the City and County of Denver Building Department evidencing final inspection and signing off on the applicable building permit issued for the Roof Repairs; an...
Roof Repair. (Metal Section A) Contractor shall furnish and install the following roofing measures on the existing metal roof over the garage area: • Make all necessary repairs throughout the entire roof system. Install new rubber boots, fill empty screw holes with larger screws, caulk all screw heads and lap seams and any openings found. • Prime entire roof. • Install CPR Restoration system.
Roof Repair. If there is any water damage to the Premises as a result of any rain that may occur after the date of this Sixth Amendment, Landlord shall, within ten (10) days thereafter, hire a roofing consultant reasonably acceptable to Tenant. The roofing consultant shall deliver to Landlord and Tenant within fifteen (15) days of being retained a written proposal of all work that is recommended for the roof or structure to prevent any future water damage to the Premises.
Roof Repair. Fund (herein so called). All roof repair fund payments accruing after the Close of Escrow shall be for the benefit of Buyer, and Seller hereby waives any rights or claims to any roof repair funds or monies for all sums paid after the Closing Date and not specifically related to an invoice sent to a Tenant for a period to the Closing Date.
Roof Repair. In the event that Customer determines in its reasonable discretion that it must replace or repair the roof at the Site (other than in response to a fire or other casualty at the Property), BASC shall temporarily disassemble or remove all or such portions of the Site Equipment as may be necessary in its reasonable discretion to accommodate such roof repairs or replacement. During such time as the Site Equipment is partially or completely disconnected, Customer shall pay to BASC an amount equal to the Energy Fee that would have been due from Customer, based on BASC’s reasonable and documented estimation of the electricity the Site Equipment would have produced during such period. In the event that the Customer requires BASC to temporarily disassemble or remove all or such portions of the Site Equipment pursuant to this Section H on more than one occasion during the Term, then on each subsequent occasion that Customer requires such disassembly or removal, within 30 days of BASC’s delivery of an invoice for such disassembly or removal services, Customer shall pay to BASC the amount invoiced, which shall be charged on a time and materials basis and shall include BASC’s reasonable margin for such services, and Customer shall provide at its sole cost and expense secure storage space for any portion of the Site Equipment disassembled or removed pursuant to this Section H. BASC agrees promptly to reinstall the Site Equipment in a manner that will not damage the roof or void the warranty of the new roof as repaired or installed. In no event shall Customer, or an agent, subcontractor or other party or affiliate of Customer, move, repair, disassemble or otherwise work on the Site Equipment without BASC’s prior written permission. Unless necessary to effect the complete repair of the roof, the Site Equipment shall not be partially or completely disassembled under this Section H for longer than one period of sixty consecutive days during the Term. If, in connection with BASC’s work at the Site pursuant to this Section H, Customer observes work at the Site that is performed in a manner that violates the terms of this Agreement or that Customer otherwise reasonably believes presents a threat to the safety of persons or the Site, BASC shall respond to Customer’s reasonable requests to remedy such issues not later than 3 business days after receipt of written notice from the Customer and as promptly as possible thereafter, shall remedy any condition or cease any such practi...
Roof Repair. Repair of historic roofing with in-kind material that closely matches the existing design and form.
Roof Repair. Seller has advised Buyer that certain roof repairs to the building on the Property are required and that the time period for the completion of the roof repairs will extend beyond the Closing Date. Prior to the expiration of the Contingency Period, Seller shall obtain a bid from a licensed roofing contractor for the roof repair work. The bid, including the roofing contractor, the scope of the roof repair work and the form of the final contract shall be subject to Buyer's reasonable approval. The approved contract for the roof repair work shall be executed by Seller prior to close of Escrow provided that the rights, warranties and guarantees benefiting Seller under the contract shall be assignable and shall be assigned to Buyer upon close of Escrow. The full amount of the contract price shall be deposited by Seller to Escrow and shall be released to the roofing contractor in progress payments in accordance with the final contract. The work will be done by a contractor with a good reputation, with whom Seller is familiar and Seller warrants to Buyer that the work will be completed and that no liens will be filed by the contractor, or any other suppliers, subcontractors, or employees of the contractor, if the progress payments are made as provided herein.
Roof Repair. Repair of historic roofing with material that closely matches the existing design and form. When repairing existing roofing, corrugated fiberglass roofing is not appropriate. Replacement of non-historic roofing is not an exempt activity. Preservation Briefs 4: Roofing for Historic Buildings, and other technical briefs, as appropriate, for guidance.
Roof Repair. The Parties acknowledge that the roofs on the buildings which comprise part of the Real Property require repair or replacement. Promptly upon execution of this Agreement, the Parties will engage a mutually acceptable roofing consultant, roofing contractor or other knowledgeable person to examine those roofs and to advise the Parties the extent and projected costs to repair or replace in a manner reasonably acceptable to Purchaser. Purchaser will withhold an amount equal to said projected costs from the Purchase Price and will proceed with such repair or replacement of the roofs promptly following the Closing. If the sum of the fees and expenses of the said consultant, contractor or other person plus Purchaser's direct, out of pocket costs of such repair or replacement (the "Total Cost") is less than the said projected costs, Purchaser will pay the difference to Seller within thirty (30) days after receiving the final statement or statements for such costs. If the Total Cost is more than the said projected costs, Seller will pay the difference to Purchaser within thirty (30) days after receiving a copy of said final statement or statements. Seller may at its expense audit Purchaser's records relating to such costs; such audit will be conducted within sixty (60) days after Seller receives a final statement of Purchaser's costs, and Seller will conduct it during normal business hours at Purchaser's place of business or other location in Hennepin County, Minnesota, determined by Purchaser. Purchaser presently estimates that the Total Cost will be approximately Two Hundred Thirty Thousand Dollars ($230,000).
Roof Repair. Repair of historic roofing with in-kind material that closely matches the existing design and form. Replacement of non-historic roofing with a different roofing material is not an exempt activity. Please refer to Preservation Briefs 4: Roofing for Historic Buildings, and other technical briefs, as appropriate, for guidance.
