Common use of Commencement and Completion of Construction Clause in Contracts

Commencement and Completion of Construction. Subject to Unavoidable Delays, the Developer shall demolish the existing building within 180 days after the Closing Date and shall commence construction of the Minimum Improvements within one year after the Closing Date, but no later than December 31, 2020. Subject to Unavoidable Delays, the Developer shall have substantially completed the construction of the Minimum Improvements no later than December 31, 2021. All work with respect to the Minimum Improvements to be constructed or provided by the Developer on the Development Property shall be in substantial conformity with the Construction Plans and Developer will not modify the size or exterior appearance of the Minimum Improvements without the consent of the EDA and the City, which consent shall not be unreasonably withheld. The Developer shall make such reports to the EDA regarding construction of the Minimum Improvements as the XXX xxxxx necessary or helpful in order to monitor progress on construction of the Minimum Improvements.

Appears in 1 contract

Samples: Contract for Private Development

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Commencement and Completion of Construction. Subject to Unavoidable Delays, the Developer shall demolish the existing building within 180 days after the Closing Date and shall commence construction of the Minimum Improvements within one year after the Closing Date, but no later than December 31May 1, 20202021. Subject to Unavoidable Delays, the Developer shall have substantially completed the construction of the Minimum Improvements no later than December 31November 30, 20212023. All work with respect to the Minimum Improvements to be constructed or provided by the Developer on the Development Property shall be in substantial conformity with the Construction Plans and Developer will not modify the size or exterior appearance of the Minimum Improvements without the consent of the EDA and the City, which consent shall not be unreasonably withheld. The Developer shall make such reports to the EDA regarding construction of the Minimum Improvements as the XXX xxxxx necessary or helpful in order to monitor progress on construction of the Minimum Improvements.

Appears in 1 contract

Samples: Contract for Private Redevelopment

Commencement and Completion of Construction. Subject to Unavoidable Delays, the Developer shall demolish the existing building within 180 days after the Closing Date and shall commence construction of the Minimum Improvements within one year after the Closing Date, but no later than December 31October 1, 2020. Subject to Unavoidable Delays, the Developer shall have substantially completed the construction of the Minimum Improvements no later than December 31, 20212021 (except for the connection to the River to River Trail Section, which will be completed as provided in Section 4.9, above). All work with respect to the Minimum Improvements to be constructed or provided by the Developer on the Development Property shall be in substantial conformity with the Construction Plans and Developer will not modify the size or exterior appearance of the Minimum Improvements without the consent of the EDA and the City, which consent shall not be unreasonably withheld. The Developer shall make such reports to the EDA regarding construction of the Minimum Improvements as the XXX xxxxx necessary or helpful in order to monitor progress on construction of the Minimum Improvements.

Appears in 1 contract

Samples: Contract for Private Redevelopment

Commencement and Completion of Construction. Subject to Unavoidable Delays, the Developer shall demolish the existing building within 180 days after the Closing Date and shall commence construction of the Minimum Improvements within one year after the Closing Date, but no later than December 31September 15, 20202022. Subject to Unavoidable Delays, the Developer shall have substantially completed the construction of the Minimum Improvements no later than December 31, 20212024. All work with respect to the Minimum Improvements to be constructed or provided by the Developer on the Development Property shall be in substantial conformity with the Construction Plans and Developer will not modify the size or exterior appearance of the Minimum Improvements without the consent of the EDA and the City, which consent shall not be unreasonably withheld. The Developer shall make such reports to the EDA regarding construction of the Minimum Improvements as the XXX xxxxx necessary or helpful in order to monitor progress on construction of the Minimum Improvements.

Appears in 1 contract

Samples: Contract for Private Redevelopment

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Commencement and Completion of Construction. Subject to Unavoidable Delays, the Developer shall demolish the existing building within 180 days after the Closing Date and shall commence construction of the Minimum Improvements within one year after the Closing Date, but no later than December 31June 1, 2020. Subject to Unavoidable Delays, the Developer shall have substantially completed the construction of the Minimum Improvements no later than December 31, 20212021 (except for the connection to the River to River Trail Section, which will be completed as provided in Section 4.9, above). All work with respect to the Minimum Improvements to be constructed or provided by the Developer on the Development Property shall be in substantial conformity with the Construction Plans and Developer will not modify the size or exterior appearance of the Minimum Improvements without the consent of the EDA and the City, which consent shall not be unreasonably withheld. The Developer shall make such reports to the EDA regarding construction of the Minimum Improvements as the XXX xxxxx necessary or helpful in order to monitor progress on construction of the Minimum Improvements.

Appears in 1 contract

Samples: Contract for Private Redevelopment

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