Building Improvements definition
Examples of Building Improvements in a sentence
Prior to the Substantial Completion Date, the Developer and the Design Builder shall inspect the Building Improvements and shall prepare and sign an inspection form describing the condition of the Building Improvements and a list (the “Construction Punch List”) of all items of work to be corrected or yet to be completed (the “Construction Punch List Work”).
The Developer shall be responsible for administering, managing, coordinating and using commercially reasonable efforts to cause all Persons providing goods, work or services for the Project to correct latent defects found in the design, construction, goods or equipment installed in the Building Improvements to comply with such schedules established by the Developer.
The Developer shall be responsible for administering, managing, coordinating and using commercially reasonable efforts to cause all Persons providing goods, work or services for the Project to complete all warranty work, including the repair and making of all necessary replacements, of all defects in design, materials and workmanship in the Building Improvements of which the Developer receives written notice within the applicable Warranty Period.
The Developer will enter into the Design Build Contract with ▇▇▇▇▇▇ ▇▇▇▇▇▇ Construction Co. to construct the Building Improvements for each Phase (the “Design Builder”).
During the Predevelopment Phase, the Developer shall retain a licensed and qualified surveying firm to perform a survey of the Premises in accordance with the American Land Title Association specifications, including, without limitation, Premises boundary lines, location of the proposed Building Improvements, location of ancillary improvements on parcels abutting the Premises, identification of all existing easements affecting the Premises.