Common use of Selection of Contractor Clause in Contracts

Selection of Contractor. Tenant’s general contractor for the Initial Improvements shall (1) have substantial recent experience in the construction of similar improvements, (2) be licensed by the State of California (as evidenced by Tenant’s submission to Landlord of Tenant’s contractor's state license number), and (3) have the capacity to be bonded by a recognized surety company to assure full performance of the construction contract for the work shown on the Final Construction Documents (as evidenced by Tenant’s submission to Landlord of a commitment or other writing satisfactory to Landlord issued by a recognized surety company confirming that Tenant’s contractor is bondable for construction projects having a contract price not less than the contract price under the construction contract for the Initial Improvements).

Appears in 2 contracts

Samples: Island Marina Lease, Sailing Center Lease

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Selection of Contractor. Tenant’s general contractor for the Initial Improvements shall (1) have substantial recent experience in the construction of similar improvements, (2) be licensed by the State of California (as evidenced by TenantXxxxxx’s submission to Landlord of Tenant’s contractor's state license number), and (3) have the capacity to be bonded by a recognized surety company to assure full performance of the construction contract for the work shown on the Final Construction Documents (as evidenced by TenantXxxxxx’s submission to Landlord of a commitment or other writing satisfactory to Landlord issued by a recognized surety company confirming that TenantXxxxxx’s contractor is bondable for construction projects having a contract price not less than the contract price under the construction contract for the Initial Improvements).

Appears in 2 contracts

Samples: Island Marina Lease, Sailing Center Lease

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