Common use of Design-Build Clause in Contracts

Design-Build. Landlord and Tenant acknowledge that Tenant may elect to design and construct the Tenant Improvements using a fast-track design/build format. If Tenant so elects, Tenant may forward to Landlord, for Landlord's approval, Construction Drawings for portions of the Tenant Improvement project rather than Construction Drawings for the entire Premises. Landlord agrees to advise Tenant within ten (10) business days after Landlord's receipt of any such drawings if the same are unsatisfactory or incomplete in any respect. Upon Landlord's approval of any such drawings, the Contractor may be instructed to submit the same to the applicable governmental authorities for receipt of Permits. This process may be repeated by Tenant, as necessary, for all portions of the Tenant Improvement project.

Appears in 3 contracts

Samples: Office Lease (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc), Lease Option Agreement (Peregrine Systems Inc)

AutoNDA by SimpleDocs

Design-Build. Landlord and Tenant acknowledge that Tenant may elect to design and construct the Tenant Improvements using a fast-track design/build format. If Tenant so elects, Tenant may forward to Landlord, for Landlord's approval, Construction Drawings for portions of the Tenant Improvement project rather than Construction Drawings for the entire Premises. Landlord agrees to advise Tenant within ten (10) business days after Landlord's receipt of any such drawings if the same are unsatisfactory or incomplete in any respect. Upon Landlord's approval of any such drawings, the Contractor may be instructed to submit the same to the applicable governmental authorities for receipt of Permits. This process may be repeated by Tenant, as necessary, for all portions of the Tenant Improvement project.. EXHIBIT B -8- PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems]

Appears in 2 contracts

Samples: Office Lease (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.