Action by Owner Clause Samples

The "Action by Owner" clause defines the rights and procedures for the owner to make decisions or take specific actions under the contract. Typically, this clause outlines how the owner must communicate approvals, rejections, or requests for changes to the contractor, often requiring written notice or adherence to certain timelines. Its core practical function is to ensure that the owner's involvement in the project is clearly structured, reducing ambiguity and helping to prevent disputes about decision-making authority or process.
Action by Owner. The Owner may refuse to pay any item or items contained in any such Application for Payment until and unless documentation and details are submitted to the reasonable satisfaction of the Owner. While awaiting such documentation, the Owner may delete any item or items at issue, and elect to pay the items which are approved, indicating the revised total amount paid upon the invoice. The deleted items may be paid by an interim application for payment, or separately identified and included on a subsequent regular application for payment.
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Action by Owner. The undersigned ▇▇▇▇▇▇ has read and fully understands the foregoing offer and hereby: accepts said offer and agrees to convey the Real Estate according to the above terms and conditions rejects said offer, or counteroffers according to the modifications initialed by ▇▇▇▇▇▇(s). Counteroffer shall become null and void if not accepted in writing on or before o’clock A.M P.M. Noon Midnight EASTERN STANDARD TIME , 20 . Owner acknowledges that Agency Disclosure Statement has been signed.
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Action by Owner. The undersigned ▇▇▇▇▇▇ has read and fully understands the foregoing offer and hereby: accepts said offer and agrees to convey the Real Estate according to the above terms and conditions _rejects said offer, or _____ writing on or before o’clock A.M P.M. Noon _ Midnight EASTERN STANDARD ___________________ TIME_ , 20 . Owner acknowledges that Agency Disclosure Statement has been signed.
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Action by Owner. The undersigned Seller has read and fully understands the foregoing offer and hereby:
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Action by Owner. Couch agrees to vote any interest he owns in KCL or VCC, and to take such other actions as may be necessary in his capacity as the sole director and sole shareholder of VCC and the sole manager and sole member of KCL, to authorize and direct KCL and VCC to perform all of their respective obligations under this Agreement and under the Organizational Documents and other Transaction Documents to which either of them is a party.
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Related to Action by Owner

  • Termination by Owner The Owner may terminate this Agreement in whole or in part, for the failure of the Consultant to: 1. Perform the services within the time specified in this contract or by Owner approved extension; 2. Make adequate progress so as to endanger satisfactory performance of the Project; or 3. Fulfill the obligations of the Agreement that are essential to the completion of the Project. Upon receipt of the notice of termination, the Consultant must immediately discontinue all services affected unless the notice directs otherwise. Upon termination of the Agreement, the Consultant must deliver to the Owner all data, surveys, models, drawings, specifications, reports, maps, photographs, estimates, summaries, and other documents and materials prepared by the Engineer under this contract, whether complete or partially complete. Owner agrees to make just and equitable compensation to the Consultant for satisfactory work completed up through the date the Consultant receives the termination notice. Compensation will not include anticipated profit on non-performed services. Owner further agrees to hold Consultant harmless for errors or omissions in documents that are incomplete as a result of the termination action under this clause. If, after finalization of the termination action, the Owner determines the Consultant was not in default of the Agreement, the rights and obligations of the parties shall be the same as if the Owner issued the termination for the convenience of the Owner.

  • Action by Holders Whenever in this Indenture it is provided that the Holders of a specified percentage of the aggregate principal amount of the Notes may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action), the fact that at the time of taking any such action, the Holders of such specified percentage have joined therein may be evidenced (a) by any instrument or any number of instruments of similar tenor executed by Holders in person or by agent or proxy appointed in writing, or (b) by the record of the Holders voting in favor thereof at any meeting of Holders duly called and held in accordance with the provisions of Article 9, or (c) by a combination of such instrument or instruments and any such record of such a meeting of Holders. Whenever the Company or the Trustee solicits the taking of any action by the Holders of the Notes, the Company or the Trustee may, but shall not be required to, fix in advance of such solicitation, a date as the record date for determining Holders entitled to take such action. The record date if one is selected shall be not more than fifteen days prior to the date of commencement of solicitation of such action.

  • Action by Consent Any action required or permitted to be taken at any meeting of the Trustees or any committee thereof may be taken without a meeting, if a written consent of such action is signed by a majority of the Trustees then in office or a majority of the members of such committee, as the case may be, and such written consent is filed with the minutes of the proceedings of the Trustees or such committee.

  • Action by Vote When a quorum is present at any meeting, a majority of Trustees present may take any action, except when a larger vote is expressly required by law, by the Declaration of Trust or by these By-Laws. Subject to applicable law, the Trustees by majority vote may delegate to any one of their number their authority to approve particular matters or take particular actions on behalf of the Trust.

  • Action by Agent The obligations of the Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.