Common use of Preparation of Plans and Specifications Clause in Contracts

Preparation of Plans and Specifications. Within days after the date of this Lease Lessor shall prepare at its cost and deliver to Lessee for its approval copies of preliminary plans and specifications for the completion of the Premises, which plans and specifications shall itemize the work to be done by each party, including a cost estimate of any work required of Lessor in excess of Lessor's Standard Improvements. Lessee shall approve said preliminary plans and specifications and preliminary cost estimate or specify with particularity its objection thereto within days following receipt thereof. Failure to so approve or disapprove within said period of time shall constitute approval thereof. If ▇▇▇▇▇▇ shall reject said preliminary plans and specifications either partially or totally, and they cannot in good faith be modified within 10 days after such rejection to be acceptable to Lessor and Lessee, this Lease shall terminate and neither party shall thereafter be obligated to the other party for any reason whatsoever having to do with this Lease, except that Lessee shall be refunded any security deposit or prepaid rent. The plans and specifications, when approved by Lessee, shall supersede any prior agreement concerning the Improvement.

Appears in 1 contract

Sources: Work Letter

Preparation of Plans and Specifications. Within __________ days after the date of this Lease Lessor shall prepare at its is cost and deliver to Lessee for its approval ___________copies of preliminary plans and specifications for the completion of the Premises, which plans and specifications shall itemize the work to be done by each party, including a cost estimate of any work required of Lessor in excess of Lessor's Standard Improvementsimprovements. Lessee shall approve said preliminary plans and specifications and preliminary cost estimate or specify with particularity its objection thereto within ___________ days following receipt thereof. Failure to so approve or disapprove within said period of time shall constitute approval thereof. If ▇▇▇▇▇▇ Lessee shall reject said preliminary plans and specifications either partially or totally, and they cannot in good faith be modified within 10 ten (10) days after such rejection to be acceptable to Lessor and Lessee, this Lease shall terminate and neither party shall thereafter be obligated to the other party for any reason whatsoever having to do with this Lease, except that Lessee shall be refunded any security deposit or prepaid rent. The plans and specifications, when approved by Lessee, shall supersede any prior agreement concerning the Improvementimprovements.

Appears in 1 contract

Sources: Lease Agreement (San Diego Soccer Development Corp)