Common use of Commencement of Construction and Completion Clause in Contracts

Commencement of Construction and Completion. Prior to commencement of Tenant’s Work, Tenant shall notify Landlord in writing of the date Tenant will commence construction. Tenant’s contractor shall commence the construction of Tenant’s Work promptly upon possession of the Premises by Tenant and shall diligently pursue such construction to completion. Tenant shall record within ten (10) days of completion of Tenant’s Work, a valid Notice of Completion and thereafter deliver to Landlord prior to opening for business a certified copy of such Notice along with final lien releases for all contractors, subcontractors, materialmen and suppliers covering all improvements and work performed by Tenant and/or Tenant’s contractor on the Premises.

Appears in 4 contracts

Samples: Lease Agreement (Cinemark Holdings, Inc.), Lease Agreement (Cinemark Holdings, Inc.), Lease Agreement (Cinemark Holdings, Inc.)

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