Construction Agreement definition
Examples of Construction Agreement in a sentence
To implement the remediation designed by the Stow Consultant, among other things, Stow Seller entered into that certain Construction Agreement Lump Sum, dated April 3, 2025, by and between Stow Seller and Infinity Paving (“Stow Contractor”) (together with all change order entered into prior to the Effective Date, the “Initial Stow Contract”).
It is understood and agreed that the Lease and the Construction Agreement are ratified, affirmed and in full force and effect, and have not been modified, supplemented or amended in any way, except as herein provided.
Tenant shall be responsible for all costs and expenses incurred in connection with the Tenant’s Work (as defined in Section 5(b) of this Construction Agreement), including but not limited to costs of labor and materials, general contractor fees, architectural, engineering and permitting fees, local taxes, project management fees and other soft costs or fees (collectively, “Tenant’s Work Costs”).
The Pro Forma Budget attached as Schedule 2 to the Construction Agreement is amended by deleting the same in its entirety and replacing it with the Pro Forma Budget attached hereto as Schedule 2.
The budget may be further updated from time to time during the performance of Landlord’s Work, as more particularly provided in Section 4(a) of the Construction Agreement.