Unforeseen Items Sample Clauses
The Unforeseen Items clause defines how parties will address work, costs, or issues that arise during a project but were not anticipated in the original agreement. Typically, this clause outlines procedures for identifying, notifying, and approving additional work or expenses related to such unforeseen circumstances, such as discovering hidden structural problems during construction. Its core function is to provide a clear process for managing unexpected developments, thereby reducing disputes and ensuring that both parties understand how extra costs or delays will be handled.
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Unforeseen Items. Manager shall be entitled to reimbursement of actual expenses for any reasonably unforeseen non-emergency items not included in the Common Facilities Budget without first obtaining each Owner’s approval so long as such Owner’s Proportionate Share of the cumulative amount of such items does not exceed Ten Thousand Dollars ($10,000.00) in any calendar year.