Orange County NC Website
0 <br />Agreement" shall be deemed to be the Agreement as amended by this Amendment unless the <br />context requires otherwise. <br />3. Paragraph 2.01 of the Agreement is deleted in its entirety and replaced with the <br />following: <br />2.01 The purchase price (the "Purchase Price"} for the Property shall be Twelve <br />Million One Hundred Nine Thousand Sixty-Nine and No/100 Dollars ($12,109,069.00) <br />as shown on the attached E7~IT B less a credit in the amount set forth in Section 2.03 <br />below, and as may be further adjusted as provided in this Section and in SECTION 3, <br />payable in immediately available funds to Seller at Closing. <br />4. Paragraph 2.02 of the Agreement is deleted in its entirety and replaced with the <br />following: <br />2.02. The Purchase Price shall be increased by such amounts} as may be <br />necessary to compensate Seller for (a) any Building construction costs and/or expenses <br />not .included in the Guaranteed Maximum Price (as hereinafter defined} that are <br />compensable pursuant to the Agreement For Construction Manager at Risk Services, as <br />amended ("the Construction Agreement"}, by and between Seller and Purchaser, and (b} <br />any Building construction costs and/or expenses not included in the Building <br />Construction Budget that are incurred by Seller by reason of a change order or change <br />order directive issued by Purchaser. The Purchase Price purchases the Property and <br />includes (1) the construction of the shell of the Building, (2) the exterior improvements to <br />the Real Property and (3) the Interior Upfit Allowance, which, among other things, make <br />up the "Guaranteed Maximum Price." <br />2 <br />