TI Construction Contract definition

TI Construction Contract means the construction contract entered into by Landlord with the GC for construction of Landlord’s TI Work or a change order under Landlord’s existing construction contract with the GC which specifically addresses Landlord’s TI Work.
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TI Construction Contract means the construction contract entered into with the TI GC for construction of Landlord's TI Work. "TI Costs" shall mean any and all costs incurred in accordance with this Exhibit C and associated with the performance of Landlord's TI Work and any Tenant Work for which Tenant seeks reimbursement out of the TI Allowance, including (i) all amounts paid for labor, materials and equipment associated with, or in connection with, the performance of Landlord 's TI Work, including fees and costs paid to the TI GC (and any applicable subcontractors), contractor's Ojverhead, supervision, profit and all costs of payment and performance bonds (to the extent applicable to Landlord's TI Work), (ii) all permit fees applicable to the Tenant Improvements, (iii) all fixture fees and governmental inspection fees for Tenant Improvements (i.e., excluding base building tap fees, fixture fees and/or inspection fees), and related engineering fees incurred by Landlord, regardless of whether any of the foregoing were paid by Landlord prior to the commencement of construction C-7
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TI Construction Contract means a payment and performance bonded construction contract executed by the City and the applicable contractor selected pursuant to the Consulting Agreement, on a guaranteed maximum price basis for the construction of the hard costs and contingency portions of the Transportation Improvements, in an amount equal to the full amount of such portions of the Transportation Improvements Costs (subject to any scope modifications as provided in Section 4.02(d) above).
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Examples of TI Construction Contract in a sentence

  • Tenant shall be responsible for the costs of such audit and any arbitration relating thereto, subject to reimbursement from the TI Contractor as may be provided in the TI Construction Contract.

  • The TI Construction Contract shall provide for binding arbitration of all disputes arising over change orders or from the audit.

  • Payments on the TI Construction Contract shall be made first from the Construction Payment and thereafter from the Cash Allowance.

  • Tenant shall require reasonable retainage in the TI Construction Contract and shall not release all of the retainage to the TI Contractor until such time as Tenant reasonably believes all punch-list items have been completed.

  • The Tenant’s Architect shall be responsible for timely completing and delivering to Landlord and the TI Contractor all completion certificates required for payments under the TI Construction Contract and Tenant’s contract with the Tenant’s Architect shall so provide.

  • The TI Construction Contract shall provide that Landlord and Tenant shall have a right, within a reasonable period of time following Substantial Completion of the Premises, to conduct an audit of the books and records of the TI Contractor to confirm the costs actually incurred with respect to the construction of the TI Work, the allocation of costs between the Landlord’s Work and the TI Work and similar matters under the TI Construction Contract.

  • Within ten (10) days after execution of the TI Construction Contract, Tenant shall deposit with Landlord, for payment in accordance with Paragraph 14 below, an amount (the “Construction Payment”) equal to the difference between the (i) Cash Allowance (defined in Paragraph 15 below), and (ii) the lump sum price under the TI Construction Contract plus Landlord’s administrative fee.

  • There will be no shared savings clause incorporated into the TI Construction Contract Guaranteed Maximum Price and any unused portion of the contingency shall revert to Tenant.

  • The contract for construction of the Tenant Improvements, herein, shall be the “TI Construction Contract.” The TI Construction Contract will be for the agreed upon price set out in the selected bid the terms and conditions of which shall be reasonably acceptable to Tenant, a copy of which shall be provided to Tenant.

  • The TI Construction Contract Contractor shall submit to Tenant a list of recommended subcontractors and suppliers for Tenant’s review and approval.


More Definitions of TI Construction Contract

TI Construction Contract has the meaning given such term in Section 3.4 of Exhibit B to this Lease.
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TI Construction Contract means the contract between Landlord and Contractor for the construction and installation of the Tenant’s Improvements, which contract shall be subject to Tenant’s prior written consent (such consent not to be unreasonably withheld or delayed). It is expected that the TI Construction Contract will be in the form of a Cost of the Work Plus a Fee with a Guaranteed Maximum Price.
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TI Construction Contract is defined in Section 8 hereof.
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TI Construction Contract shall have the meaning ascribed to it in the Work Letter.
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Related to TI Construction Contract

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • New construction means, for the purposes of determining insurance rates, structures for which the "start of construction" commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures. For floodplain management purposes, "new construction" means structures for which the "start of construction" commenced on or after the effective date of the floodplain management regulations adopted by a community and includes any subsequent improvements to such structures.

  • Residential construction means construction on single-family or two-family dwellings occupied or used, or intended to be occupied or used, primarily for residential purposes, and includes real property pursuant to chapter 499B.