GMP Qualifications and Assumptions definition

GMP Qualifications and Assumptions means, following Owner Parties’ approval, Construction Manager’s written statement of qualifications to, exceptions to, and assumptions in, a GMP, all based upon the applicable GMP Drawings and Specifications and the applicable Design Professional’s Statement of Incomplete Documents.
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GMP Qualifications and Assumptions means the written statement of qualifications and assumptions (if any) prepared by Contractor, based upon the GMP Drawings and Specifications and Prose Statement, and accepted by City.
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Examples of GMP 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 Parties acknowledge that the GMP is subject to the GMP Qualifications and Assumptions and that the GMP and the Contract Time will be adjusted, in accordance with Article 14, to the extent any of the events or circumstances noted in GMP Qualifications and Assumptions are triggered.

Related to GMP Qualifications and Assumptions

  • Assignment and Assumption means an assignment and assumption entered into by a Lender and an Eligible Assignee (with the consent of any party whose consent is required by Section 10.06(b)), and accepted by the Administrative Agent, in substantially the form of Exhibit E or any other form approved by the Administrative Agent.

  • Assignment and Assumption Agreement means the Assignment and Assumption Agreement in substantially the form attached hereto as Exhibit A.

  • Assignment and Acceptance means an assignment and acceptance entered into by a Lender and an Eligible Assignee, and accepted by the Administrative Agent, in substantially the form of Exhibit C hereto.

  • Request for Qualifications means all materials and

  • 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.