GC Contract definition

GC Contract means, with respect to a Farm Project, an agreement for general contract services entered into between the General Contractor engaged for such Farm Project, on the one hand, and any Borrower or any other Loan Party or Subsidiary, on the other hand.
View Source
GC Contract has the meaning set forth in Section 5.12.2.
View Source
GC Contract means any Contract: (a) to which GC or any of the GC Subsidiaries is a Party; or (b) by which GC or any of the GC Subsidiaries or any GC IP Rights or any other asset of GC or the GC Subsidiaries is bound or under which GC or any of the GC Subsidiaries has any obligation.
View Source

Examples of GC Contract in a sentence

  • The Grantee will enter into a binding GC Contract, with activities to commence thereunder, within 18 months from the date of HUD's written approval of the Revitalization Plan; but in no event may this time period exceed 24 months from the date of execution of the Grant Agreement.

  • Completion of construction under the GC Contract must be accomplished within 48 months from the date of HUD's written approval of the Revitalization Plan; but in no event may such time period for completion exceed 54 months from the date of execution of the Grant Agreement.

  • For the avoidance of doubt, this Section 6.10 applies to the Development Agreement and the GC Contract, as to which the BR Member has the right, on behalf of the Company, to exercise any remedy or approve any termination, extension or modification.

  • The Company retains the risk of (a) adequacy of all plans and specifications and compliance of plans and specifications with applicable laws and (b) subject to the Company’s rights under the GC Contract and the Development Agreement, conformance of construction with the applicable plans and specifications, applicable laws and sound building practices.

  • The terms and conditions of Approved GC Contract for the Lobby Renovations Work and the Amenity Space Renovations Work shall be subject to the approval of Tenant, not to be unreasonably withheld, conditioned or delayed.

  • TCR Member shall cause the General Contractor to warrant to the Company the construction of the Project for twelve (12) months after the Certificate of Occupancy is received for the Project such that the General Contractor must promptly correct and repair, at its sole cost and expense to the extent not allowed as a reimbursable cost under the GC Contract, all defects discovered during such twelve (12) month period.

  • Neither the TCR Member nor any of its Affiliates (except as provided in the GC Contract in respect of the General Contractor and the Development Agreement in respect of the Developer) is a guarantor of the work of any architect, engineer or other design professional or the work of any contractor, subcontractor, supplier, materialman or artisan engaged in connection with the Project.

  • Project Savings shall be shared by the parties as follows: (i) thirty-three and 33/100 percent (33.33%) being retained by Contractor, pursuant to the terms of the GC Contract; (ii) thirty-three and 33/100 percent (33.33%) being retained by Developer; and (iii) thirty-three and 34/100 percent (33.34%) being retained by Owner.

  • The Construction Budget will be comprised of the actual costs (supported by invoices, bids, and other appropriate supporting documentation) incurred through the date the Construction Budget is submitted, the cost of construction as set forth in the GC Contract, the Development Fee as specified in the Preliminary Budget and other costs anticipated to be included in the Construction Budget.

  • Moreover, Hotel Owner shall be liable to Garage Owner for any breach of the GC Contract or any lien placed on the Parking Facility as a result thereof in the event that it is determined by a court of competent jurisdiction that Hotel Owner’s failure to timely make a payment from the Capital Holdback was not proper and was the cause of such breach.


More Definitions of GC Contract

GC Contract means the exclusivity and collaboration agreement dated 1 May 2018 between the Seller and G▇▇ ▇▇▇▇▇▇▇▇▇ & Company LLC;
View Source
GC Contract means a contract between Developer and Contractor for the development and construction of the Infrastructure Improvements.
View Source
GC Contract means, with respect to a Farm Project, an agreement for general contract services entered into between the General Contractor engaged for such Farm Project, on the one hand, and any Borrower or any other Loan Party or Subsidiary, on the other hand. “General Contractor” means, with respect to a Farm Project, a Person engaged by any Borrower or any other Loan Party or Subsidiary to act as the general contractor for such Farm Project, which Person shall in each case be acceptable to the Lender in its reasonable discretion. “Governing Board” means, with respect to any corporation, limited liability company or similar Person, the board of directors, board of governors or other body or entity that sets overall institutional direction for such Person (including, with respect to any trust, the trustees thereof). “Governmental Authority” means the government of the United States of America or any other nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or the European Central Bank). “Greeley LLC” means ▇▇▇▇ ▇. ▇▇▇ ▇▇▇▇▇▇ Greeley, LLC, a Delaware limited liability company. “Grow Bounti Northwest” means Grow Bounti NorthWest, LLC, a Delaware limited liability company. “Guarantor” means each Person guarantying the payment of the Obligations pursuant to a Guaranty. “guaranty” means, as to any Person, (a) any obligation, contingent or otherwise, of such Person guarantying or having the economic effect of guarantying any Indebtedness or other obligation payable or performable by another Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the obligee in respect of such Indebtedness or other obligation of the payment or performance of such Indebtedness or other obligation, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity or level of income or cash flow of the primary obligor so as to enable the primary obligor to...
View Source

Related to GC Contract

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Project Contract means any Contract, excluding this Agreement and, as and when executed, the Ancillary Agreements [reserved], to which Seller is a party, or by which Seller or any of the Project Assets is bound, that relates to or has the primary purpose of supporting the Work or the Project, including, for the avoidance of doubt, any Contract pursuant to which Seller or any of its Affiliates is granted a real property or other interest in the Project Site (in whole or in part) or is licensed or granted the right to use, or holds or possesses, any Project Intellectual Property Rights.

  • Privatization contract or “contract” means an agreement or