General Contractor’s Contract definition

General Contractor’s Contract meanss the stipulated sum contract, dated as of February 17, 2022 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time in a manner not otherwise prohibited by this Agreement), between Borrower and the General Contractor for the costs of construction of the Improvements.
General Contractor’s Contract means any agreements with any General Contractor relating to the development and/or construction of the Project, and any and all renewals, extensions or modifications thereof and guaranties of performance thereunder.
General Contractor’s Contract. The agreement between the Borrower and the General Contractor pursuant to which the General Contractor agrees to construct the Improvements in accordance with the Plans and Specifications for a stipulated sum or guaranteed maximum price.

Examples of General Contractor’s Contract in a sentence

  • Agreement and Assignment Regarding General Contractor’s Contract (6473).

  • Borrower shall have furnished Lender with a copy of the Assignment of General Contractor’s Contract, in form and substance reasonably acceptable to Lender, assigning the contract for the construction of the Project with the General Contractor to the Borrower.

  • Borrower shall deliver to the Lender copies of each amendment to the General Contractor’s Contract that (i) is a guaranteed maximum price amendment, (ii) results in net increase of more than $5,000,000 or (iii) is a non-monetary amendment thereto not in the ordinary course of business.

  • Tenant shall require ten percent (10%) retainage in the General Contractor’s Contract and said retainage shall be reflected in the requisition submitted to Landlord.

  • Without limitation on the foregoing provisions of this Section, it is acknowledged and agreed that the Administrative Agent and the Lenders shall have the continuing benefit of the Assignment of General Contractor’s Contract and all assurances provided by the Architect and the Auditors in connection with this Agreement and the other Loan Documents.


More Definitions of General Contractor’s Contract

General Contractor’s Contract shall have the meaning set forth in Section 2.4 hereof.