Unknown Conditions definition
Examples of Unknown Conditions in a sentence
Purchaser shall be responsible for the cost and expense of assessment, removal, disposal and/or remediation of Hazardous Materials (the “Remediation Expenses”) arising from Unknown Conditions, up to One Million Five Hundred Thousand and No/100 Dollars ($1,500,000.00) in the aggregate.
DIFFERING SITE CONDITIONS 39 21.1 Concealed or Unknown Conditions.
Buyer acknowledges the confidential nature of any information developed or obtained by Buyer with regard to the Known Environmental Condition of the Property and the Unknown Conditions.
Seller's maximum obligation for Costs pertaining to Unknown Conditions is Two Million Five Hundred Thousand Dollars ($2,500,000) and Seller's maximum obligation for Costs pertaining to Known Conditions and/or Migrating Conditions is Three Million Dollars ($3,000,000).
Upon encountering rock or other Unknown Conditions, Contractor will inform Company of such condition and provide Company with cost quote for the drilling or blasting of the affect of other Unknown Condition, which will be subject to Company approval before the commencement of drilling or blasting.
Solely for purposes of the due diligence and remediation of Unknown Conditions (hereinafter defined) as otherwise set forth in this Agreement, the Buyer’s intended development will be deemed to be substantially similar to the development plan attached hereto as Exhibit D and incorporated herein by this reference (the “Development Plan”), (the “Intended Development”).
Claims for Concealed or Unknown Conditions: If new and unforeseen items of work are discovered, which cannot be covered by any item or combination of items for which there is a Contract Sum, then the Contractor shall notify the Design Professional as quickly as reasonably possible and shall not continue working on the discovered new or unforeseen items without express written permission from the Design Professional.
Seller shall not have any responsibility for Unknown Conditions: (i) which are not disclosed to Seller by written Notice within four (4) years after the Closing Date or (ii) after Seller has expended the maximum amount required under this Section.
Landlord shall diligently seek to complete such Connector Building Work on or before the Estimated Term Commencement Date for the Connector Building Work (as such date may be extended for Force Majeure, Unknown Conditions or Tenant Delay).
Landlord shall diligently seek to complete such Project Site Work on or before the Estimated Term Commencement Date for the Project Site Work (as such date may be extended for Force Majeure (as such term is defined in Section 16.2), Unknown Conditions (as such term is defined in Section 2.8), or Tenant Delay (as such term is defined in Section 5.10(a)).