Examples of Parking Garage Project in a sentence
The Project Team working on the Parking Garage Project is also working on the other portions of the Phase 1 Project with SRL and Development Manager.
Development Manager agrees to furnish skill and judgment in good faith to DSA and to cooperate with DSA in the performance of this Agreement and to use commercially reasonable efforts to furnish efficient business administration and oversight of the Parking Garage Project.
Within fifteen (15) days after the end of each month, commencing after the date construction of the Parking Garage Project commences, Development Manager will, as part of its responsibilities, prepare a report (the "Status Report") on the Parking Garage Project and shall cause such Status Report to be delivered to DSA.
In no event shall the indemnification provisions of Section 8.2 above, diminish, affect, impede or impair, in any manner whatsoever, the benefits to which any party may be entitled under any insurance policy with respect to the Parking Garage Project required by this Agreement or otherwise, or under the terms of any waiver of any subrogation contained therein.
Nothing herein shall be deemed to prevent Development Manager or its Affiliates from engaging or participating in any other business or investment, whether or not competitive with the Parking Garage Project or any other business or investment of DSA.
The Development Management Fee shall be paid as follows (i) twenty-five percent (25%) upon the commencement of construction of the Public Parking Garage, and (ii) the remaining seventy-five percent (75%) in equal monthly payments over the term of the Parking Garage Project, as reflected in the Project Construction Schedule and as adjusted to take into account any change orders or other modifications to the Approved Project Budget.
Development Manager shall cause its employees, contractors, subcontractors and authorized agents, if any, to comply with all applicable federal, state, county and municipal laws, regulations, ordinances, rules, and requirements, including without limitation, the U.S. Environmental Protection Agency, the Occupational, Health and Safety Administration, National Fire Protection Agency or any other agency or governmental body having jurisdiction over the Parking Garage Project.
DSA hereby expressly confirms that DSA understands that the Parking Garage Project is a portion of the larger Phase 1 Project, which SRL and Development Manager shall be installing during and after completion of the Parking Garage Project.
Any contract of any kind whatsoever affecting or in connection with the Parking Garage Project between Development Manager and any Affiliate of Development Manager shall be subject to DSA's prior Approval, which Approval may be withheld by DSA in its absolute discretion for any reason whatsoever.
As compensation for Development Manager's services rendered in connection with the Parking Garage Project, DSA shall pay to Development Manager a "Development Management Fee" in the amount of four percent (4%) of the total hard and soft costs incurred with respect to the Parking Garage Project.