Qualifications and Assumptions definition

Qualifications and Assumptions means, following Owner Parties’ approval, Design- Builder’s written statement of qualifications to, exceptions to, and assumptions in, a Pricing Amendment, all based upon the applicable Pricing Amendment Documents and the applicable Design Professional’s Statement of Incomplete Drawings.
Qualifications and Assumptions means Contractor’s Owner Parties’ approved written statement of qualifications to, exceptions to, and assumptions in, a Pricing Amendment, all based upon the applicable Pricing Amendment Documents. This Pricing Agreement is incorporated into Agreement as of this Pricing Agreement’s effective date.
Qualifications and Assumptions means any express qualifications and assumptions of the Construction Manager underlying the GMP, that are set forth in Exhibit O to the Agreement.

Examples of Qualifications and Assumptions in a sentence

  • Therefore, Construction Manager shall make no Claim for an increase in a GMP based upon Construction Drawings and Specifications; provided, however, there is no cardinal change to the scope of the Work that is not otherwise captured by the GMP Qualifications and Assumptions.

  • Within fourteen (14) Days after receipt of the GMP Documents and in accordance with the Project Schedule, Construction Manager shall submit to Owner Parties its proposed GMP and its proposed GMP Qualifications and Assumptions (collectively, the “GMP Proposal”), all based upon the applicable GMP Documents, on the form GMP Amendment attached as Exhibit D.

  • The following schedules are attached to and incorporated into the Agreement: Schedule 1 Pricing Amendment Documents, including the Qualifications and Assumptions, upon which the GMP is based, dated , pages.

  • Qualifications and Assumptions We have included a 5% construction contingency.

  • Construction Manager’s Qualifications and Assumptions are attached hereto as Exhibit O.

  • The Architect shall judge the design and appearance of proposed substitutes on the basis of their suitability in relation to the overall design of the project, as well as for their intrinsic merits, subject to Contractor’s Qualifications and Assumptions.

  • The Estimated Construction Cost (Item 6 in the Proposal Form pricing sheet) includes all costs and expenses relating to the scope of work identified in Contract Documents, subject to the Proposal Qualifications and Assumptions document which is attached hereto.

  • A fully completed Proposal Form and Proposal Qualifications and Assumptions, completed in accordance with the requirements of Article 11 hereof.

  • Include in the Proposal Qualifications and Assumptions any assumptions made regarding the Site conditions, including any examinations, investigations, explorations, tests, studies, or data proposed as necessary for the Project.

  • We account for the level of quality for a new roof, the types of ceiling tile, the extent of carpeting, etc., in the Qualifications and Assumptions.

Related to Qualifications and Assumptions

  • nment and Assumption means an assignment and assumption agreement entered into by a Lender and an assignee (with the consent of any party whose consent is required by Section 9.04), and accepted by the Administrative Agent, in the form of E xhibit A or any other form approved by the Administrative Agent.

  • Assignment and Assumption means an assignment and assumption entered into by a Lender and an assignee (with the consent of any party whose consent is required by Section 9.04), and accepted by the Administrative Agent, in the form of Exhibit A or any other form approved by the Administrative Agent.

  • Assignment and Assumption Agreements means each of the Assignment and Assumption Agreements to be executed between a Trustee and trustee of the relevant Successor Trust in accordance with the relevant Trust Agreement, as the same may be amended, modified or supplemented from time to time.

  • Assignment and Assumption Agreement means an Assignment and Assumption Agreement substantially in the form of Exhibit A.

  • Designated Borrower Request and Assumption Agreement has the meaning specified in Section 2.14.

  • Affiliated Lender Assignment and Assumption means an assignment and assumption entered into by a Lender and an Affiliated Lender (with the consent of any party whose consent is required by Section 9.05) and accepted by the Administrative Agent in the form of Exhibit A-2 or any other form approved by the Administrative Agent and the Borrower.

  • Assignment and Assumption of Lease has the meaning set forth in Section 3.02(a)(v).

  • Conveyancing and Assumption Instruments means, collectively, the various agreements, instruments and other documents heretofore entered into and to be entered into to effect the transfer of Assets and the assumption of Liabilities in the manner contemplated by the Distribution Agreement, or otherwise arising out of or relating to the transactions contemplated in the Distribution Agreement.

  • Assignment and Acceptance means an assignment and acceptance entered into by a Lender and an assignee (with the consent of any party whose consent is required by Section 9.04), and accepted by the Administrative Agent, in the form of Exhibit A or any other form approved by the Administrative Agent.

  • Commitment and Acceptance is defined in Section 2.18(b).

  • Merger Without Assumption provisions of Section 5(a)(viii) will apply to Party A and will apply to Party B.

  • Valuation Assumptions means, as of an Early Termination Date, the assumptions that (1) in each Taxable Year ending on or after such Early Termination Date, the Corporate Taxpayer will have taxable income sufficient to fully utilize the deductions arising from the Basis Adjustments and Imputed Interest during such Taxable Year or future Taxable Years (including, for the avoidance of doubt, Basis Adjustments and Imputed Interest that would result from future Tax Benefit Payments that would be paid in accordance with the Valuation Assumptions) in which such deductions would become available, (2) the U.S. federal income tax rates and state and local income tax rates that will be in effect for each such Taxable Year will be those specified for each such Taxable Year by the Code and other law as in effect on the Early Termination Date, (3) any loss carryovers generated by deductions arising from Basis Adjustments, the NOLs or Imputed Interest that are available as of such Early Termination Date will be utilized by the Corporate Taxpayer on a pro rata basis from the Early Termination Date through the scheduled expiration date of such loss carryovers, (4) any non-amortizable assets will be disposed of on the fifteenth anniversary of the applicable Basis Adjustment; provided, that in the event of a Change of Control, such non-amortizable assets shall be deemed disposed of at the time of sale of the relevant asset (if earlier than such fifteenth anniversary), and (5) if, at the Early Termination Date, there are Common Units that have not been Exchanged, then each such Common Unit shall be deemed to be Exchanged for the Market Value of the number of shares of Class A Common Stock and the amount of cash that would be transferred if the Exchange occurred on the Early Termination Date.

  • Permitted Loan Purchase Assignment and Acceptance means an assignment and acceptance entered into by a Lender as an Assignor and Holdings, the Borrower or any of the Subsidiaries as an Assignee, as accepted by the Administrative Agent (if required by Section 9.04) in the form of Exhibit F or such other form as shall be approved by the Administrative Agent and the Borrower (such approval not to be unreasonably withheld or delayed).

  • Incremental Assumption Agreement means an Incremental Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and, if applicable, one or more Incremental Term Lenders and/or Incremental Revolving Facility Lenders.

  • Incremental Term Loan Assumption Agreement means an Incremental Term Loan Assumption Agreement among, and in form and substance reasonably satisfactory to, the Borrower, the Administrative Agent and one or more Incremental Term Lenders.

  • Assignment and Acceptance Agreement means an assignment and acceptance agreement entered into by a Lender, an Eligible Assignee and the Administrative Agent, and, if required, the Borrower, pursuant to which such Eligible Assignee may become a party to this Agreement, in substantially the form of Exhibit C hereto.

  • Prepayment Assumption As defined in the Prospectus Supplement.

  • Guarantee Assumption Agreement means a Guarantee Assumption Agreement substantially in the form of Exhibit A by an entity that, pursuant to Section 8.12(a), is required to become a “Subsidiary Guarantor” hereunder in favor of the Lenders.

  • Commitment Transfer Supplement means a document in the form of Exhibit 16.3 hereto, properly completed and otherwise in form and substance satisfactory to Agent by which the Purchasing Lender purchases and assumes a portion of the obligation of Lenders to make Advances under this Agreement.

  • prospective assignment means an assignment that is intended to be made in the future, upon the occurrence of a stated event, whether or not the occurrence of the event is certain;

  • Commitment Increase Effective Date has the meaning set forth in Section 2.02(b).

  • Permitted Amendment means, with respect to any Shared-Loss Loan Commitment or Shared-Loss Loan, any amendment, modification, renewal or extension thereof, or any waiver of any term, right, or remedy thereunder, made by the Assuming Bank in good faith and otherwise in accordance with the applicable requirements set forth in Article III of this Commercial Shared-Loss Agreement and the then effective written internal credit policy guidelines of the Assuming Bank; provided, that:

  • Other Term Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Permitted Amendments has the meaning specified in Section 10.01.

  • Amendment No. 4 Effective Date has the meaning assigned to such term in Amendment No. 4.

  • Schedule I Lender means any Lender named on Schedule I to the Bank Act (Canada).