Examples of Base Project Work in a sentence
After the Base Project GMP has been established and within the time period set forth in the Schedule, Landlord shall enter into a Cost of the Work Plus Fee construction contract (the “Base Project Construction Contract”) with Landlord’s Contractor for the performance of the Base Project Work.
Landlord shall provide to Tenant an updated Schedule on at least a monthly basis (which shall track actual progress against the most-recent preceding Schedule), and inform Tenant of the progress of the Base Project Work and the TI Work upon request from Tenant from time to time.
The Base Project Work shall be performed and completed by Landlord, at Landlord’s sole expense, in accordance with the provisions of the Work Letter.
Landlord and Landlord’s Contractor also shall cooperate with Tenant by providing to Tenant, in writing, good faith estimates of any contemplated or proposed changes to the Base Project Work, and comparison estimates to enable Tenant to value engineer the Base Project Work.
As a result, Landlord and Tenant have provided in the Schedule for prosecution of the Laboratory Work in coordination with the Base Project Work, and for the Substantial Completion (as hereinafter defined) of the Laboratory Work simultaneously with the Substantial Completion of Base Project Work/Laboratory Work.
The Base Project Work shall be performed by Landlord through Eagleview Commercial Construction Company, an affiliate of Landlord, or, at Landlord’s election, by another reputable general contractor selected by Landlord and approved by Tenant in its reasonable discretion (“Landlord’s Contractor”).
Upon execution of the Base Project Construction Contract and the TI Construction Contract (as such terms are hereinafter defined), the Schedule shall be updated to conform to the schedules set forth in those construction documents, with respect to the work to be performed thereunder; provided, however, that unless otherwise approved by Tenant in writing such updating shall not alter or purport to alter the Outside Delivery Date for the Base Project Work or the Outside Delivery Date for the TI Work.
From time to time after the execution of this Lease, but at least monthly, and also from time to time upon Tenant’s request therefor, Landlord shall (acting in good faith, and subject to Tenant’s approval, which shall not be unreasonably withheld) update the Base Project Budget to reflect material changes in the design and composition of the Base Project Work and changes in prevailing market prices for labor and materials.
Attached hereto as Attachment 3 is Landlord’s most-recent estimate of the cost of the Base Project Work, based upon the Design Development Documents (the “Preliminary Budget”), which shall constitute the initial Base Project Budget.
Attached hereto as Attachment 1 is a preliminary schedule of certain major project dates or timeframes pertaining to the design, development and completion of the Base Project Work and the TI Work (as such terms are defined herein) (the “Preliminary Schedule”).