Material Change definition
Examples of Material Change in a sentence
If MSR proposes a Material Change or if the City identifies a Material Change, the prior written approval of the Director is required, and within ten (10) calendar days, the Director shall provide approval or objections in writing.
MSR shall not make a Material Change to the Final Project Design without the prior written approval(s) required under this Section.
The Parties’ obligations under this Agreement will continue notwithstanding the existence of a Material Change.
The City Representative’s and SPS Representative’s review of design documents and the Director’s approvals of the Final Project Design, Project Schedule, review and approval of any Material Change, or any other matter requiring approval under this Agreement is solely for SPS’s and the City’s own proprietary purposes as intended owners of the Project and shall not constitute an opinion or representation regarding the constructability of the design or its compliance with regulatory and legal requirements.
The City’s and SPS’s review, comment, and approval of design documents or any other matter under this Agreement shall not be the basis for any liability or claim for additional funding unless (i) the City or SPS requests a discretionary Material Change, or (ii) the actions, failure to act, or omissions of the City or SPS constitute an Excused Delay, to the extent that the Excused Delay results in an increase to the Final Project Budget.