Common use of After Final Completion Clause in Contracts

After Final Completion. As to acts or failures to act occurring after the date of Final Completion, any applicable statute of limitations shall commence to run and any alleged cause of action shall be deemed to have accrued in any and all events not later than the date of any act or failure to act by the Design Builder pursuant to any applicable warranty, the date of any correction of Work or failure to correct Work by the Design/Builder, or the date of actual commission of any other act or failure to perform any duty or obligation by the Design/Builder or the Owner, whichever occurs last.

After Final Completion. As to acts or failures to act occurring after the date of Final Completion, any applicable statute of limitations shall commence to run and any alleged cause of action shall be deemed to have accrued in any and all events not later than the date of any act or failure to act by the Design Builder pursuant to any applicable warranty, the date of any correction of Work or failure to correct Work by the Design/BuilderContractor, or the date of actual commission of any other act or failure to perform any duty or obligation by the Design/-Builder or the Owner, whichever occurs last.