Common use of Technical Matters Clause in Contracts

Technical Matters. Savanna Project Management shall assist Principal in the evaluation of regulatory requirements related to each Project including zoning ordinances, public facilities requirements and other requirements of the jurisdiction in which each Project is located (“Technical Matters”). In addition, Savanna Project Management shall advise Principal as to experts to use for Technical Matters and shall coordinate the work of such experts with that of the other consultants, contractors, suppliers and service providers working on each Project in accordance with Section 1.2 above. Notwithstanding the foregoing, Principal acknowledges that Savanna Project Management is not an expert in and is not responsible for Technical Matters, and Principal shall rely solely on the judgments of the experts Principal hires with respect to such Technical Matters.

Appears in 2 contracts

Sources: Limited Liability Company Agreement, Limited Liability Company Agreement (KBS Strategic Opportunity REIT, Inc.)