PORTION OF WORK definition
Examples of PORTION OF WORK in a sentence
WHERE ANY PORTION OF WORK OR INSTALLATION ARE TO BE PERFORMED BY TENANT, TENANT MAY EMPLOY ITS OWN CONTRACTOR, SUBJECT OTHERWISE TO THE PROVISIONS OF SECTION 6.2 OF THE LEASE; PROVIDED SUCH TENANT-CONTRACTOR SHALL BE SUBJECT TO LANDLORD'S ADVANCE REASONABLE APPROVAL (SUCH APPROVAL SHALL NOT UNREASONABLY BE WITHHELD, DELAYED, REFUSED OR DENIED), AND SUCH TENANT-CONTRACTOR SHALL BE LICENSED AND BONDED AND SHALL MEET LANDLORD'S REASONABLE INSURANCE REQUIREMENTS.
MAÑACOP shall, at its own cost, furnish the CONSORTIUM LEADER with a suitable counter guarantees of its advance payment under the CONTRACT and the performance of its PORTION OF WORK in the amount of fifteen (15%) percent (in the case of the repayment guarantee for the advance) and ten (10%) percent (in the case of the performance guarantee) of the price of its PORTION OF THE WORK.