Core and Shell Construction Agreement definition

Core and Shell Construction Agreement means that certain Construction Agreement dated as of Document Closing Date, by and between Construction Agent and Core and Shell GC for the construction of the shell of the office buildings and assigned to the Administrative Agent pursuant to the Assignment of Leases, which contract shall be a guaranteed maximum price or fixed price contract.
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Examples of Core and Shell Construction Agreement in a sentence

  • Lessee shall have entered into the Core and Shell Construction Agreement and Lessor and the Administrative Agent shall have received a fully executed copy of the Core and Shell Construction Agreement.

  • Notwithstanding the forgoing in this clause (c), Construction Agent shall be permitted, without the consent of Lessor or the Administrative Agent, to increase the guaranteed maximum price under the Core and Shell Construction Agreement, from time to time, up to a maximum amount of $321,119,411.

  • Lessor, Administrative Agent and the other Required Participants party hereto are willing to (i) consent to the increases of the GMP under the Core and Shell Construction Agreement, (ii) consent to the amendment of the Project Budget and (iii) amend certain terms set forth in the Construction Agency Agreement and Participation Agreement, in each case, on the terms and conditions set forth in this Amendment.