Automatic Termination After a Failure by Specialty Laboratories to Complete Construction Sample Clauses

Automatic Termination After a Failure by Specialty Laboratories to Complete Construction. If, following a Termination of Specialty Laboratories' Work, BNPPLC gives Specialty Laboratories a Completion Notice, advising Specialty Laboratories that BNPPLC has decided to abandon or indefinitely suspend its efforts to complete the Construction Project or advising Specialty Laboratories that BNPPLC has made a final determination not to exercise its right to continue construction, then the date upon which BNPPLC so notifies Specialty Laboratories will be the Completion Date (as provided in the Construction Management Agreement), but such date will not constitute a Lease Commencement Date hereunder. Also, if the Designated Sale Date is accelerated as provided in clauses (2) or (3) of the definition thereof before Specialty Laboratories or BNPPLC gives a Completion Notice as described in subparagraph 1.(A), the Designated Sale Date shall constitute the Completion Date, but not a Lease Commencement Date. In either case, if the Completion Date occurs without causing the Term to begin as provided in subparagraph 1.(A), this Lease will terminate automatically as of such Completion Date.
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Related to Automatic Termination After a Failure by Specialty Laboratories to Complete Construction

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