COMPLETION AND HAND OVER Sample Clauses

COMPLETION AND HAND OVER. 13.1. The Parties or their representatives shall be obliged to attend the Handover Inspection at any pre-arranged time, during which inspection the Parties shall agree to the Defects List. 13.2. If the Purchaser fails to attend a Handover Inspection within a reasonable period after having received written notice thereof by the Seller, then the Defects List and Completion Date will be determined by the Principal Agent. 13.3. The Seller shall remedy the defects on the Defects List as soon as reasonably possible. 13.4. Notwithstanding the provisions of this Clause 13, the Seller shall strictly enforce, for the benefit of the Purchaser, any guarantee or warranty which it may enjoy. To the extent that such guarantee or warranty relates to the Property, the Seller hereby cedes all its rights in terms thereof to the Purchaser and/or the Body Corporate.
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COMPLETION AND HAND OVER. 7.1 It is anticipated that construction of the Section will be complete by the Completion Date, as reflected in Item 11 of the Information Schedule. 7.2 In the event that the Seller anticipates that the Completion Date will not be as per Item 11 of the Information Schedule, then it shall give notice to the Purchaser of a new expected Completion Date, but such new Completion Date shall not later than 2 (TWO) years from the Signature Date. The Purchaser shall have no claim against the Seller for damages or for compensation of any nature by reason of the Completion Date being delayed. 7.3 The Purchaser (or his representative) shall attend a hand over inspection of the Section together with the Seller (or its representative or the Agent) at any pre- arranged time after the Completion Date in order to inspect and examine the Section and compile a list of alleged Snags in the Property (and all fixtures and fittings therein). Within 7 (SEVEN) days of the Occupation Date, the Purchaser may notify the Seller of any further alleged Snags in the Section. In order to be valid, such list of alleged Snags in the Property must be completed on the Seller’s standard Snag List document available online at xxx.xxxxxxxxxxxxx.xx.xx/xxxxxxxxxxxxx/. 7.4 The Architect (or his agent) shall determine whether the alleged Snags as listed or notified in terms of clause 7.3 are in fact Snags which should be remedied by the Seller and/or the Contractor at the Seller’s or the Contractor’s cost. The architect will make such determination in his sole and absolute discretion as an expert, and his decision will be final and binding on the Parties. 7.5 The Seller shall remedy or repair, or cause to be remedied or repaired, any Snags as determined by the Architect as soon as reasonably possible, and the provisions of clause 6.4 will be applicable should replacements be necessary. The Purchaser shall give the Seller, the Contractor and all sub-contractors all access to the Section reasonably required to remedy the Snags. 7.6 The Purchaser shall be precluded from raising against the Seller at any time after the date falling 7 (SEVEN) days of the Occupation Date any alleged Snag which was not listed at inspection or notified within the time period, and the Purchaser shall not have any claim against the Seller arising therefrom. 7.7 The Seller shall remedy any material latent defect in the Section due to faulty workmanship or materials, manifesting itself within 180 (ONE HUNDRED AND EIGHTY) days o...
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COMPLETION AND HAND OVER. 14.1. The Parties or theirrepresentatives shall be obliged to attend the Hand-over Inspection at any pre-arranged time, during which inspection the Parties shall agree to the Defects List. 14.2. If the Purchaser fails to attend a Hand-over Inspection within a reasonable period after having received written notice thereof by the Seller, then the Completion Date will be determined by the QS. 14.3. The Seller shall remedy the defects on the Defects List as soon as reasonably possible. 14.4. Notwithstanding the provisions of this Clause 14, the Seller shall strictly enforce, for the benefit of the Purchaser, any guarantee or warranty which it may enjoy. To the extent that such guarantee or warranty relates to the Property, the Seller hereby cedes all its rights in terms thereof to the Purchaser and/or the Body Corporate. 14.5. All undertakings and commitments given by the Seller to the Purchaser in terms of this Agreement are personal to the Purchaser who shall not be entitled to cede, assign or make over its rights thereto.
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COMPLETION AND HAND OVER. 10.1. The Parties or their representatives shall be obliged to attend the Handover Inspection at any pre-arranged time, during which inspection the Parties shall agree to the Defects List. 10.2. If the Purchaser fails to attend a Handover Inspection within a reasonable period after having received written notice thereof by the Seller, then the Completion Date will be determined by the Quantity Surveyor (the QS) appointed by the Seller. 10.3. The Seller shall remedy the defects on the Defects List as soon as reasonably possible.
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COMPLETION AND HAND OVER. 13.1. The Parties or their representatives shall be obliged to attend the Handover Inspection at any pre- arranged time, during which inspection the Parties shall agree to the Defects List. 13.2. If the Purchaser fails to attend a Handover Inspection within a reasonable period after having received written notice thereof by the Seller, then the Completion Date will be determined by the principal agent in terms of the JBCC. 13.3. The Seller shall remedy the defects on the Defects List as soon as reasonably possible. Xxxx Xxxx Xxxxxxxx, Xxxxxxxxx Xxxxx, 7569 PTA: + 00 (0)00 000 0000 CT: +00 ( 0 )00 000 0000 xxxx@xxxxx.xx.xx 13.4. Notwithstanding the provisions of this Clause 13, the Seller shall strictly enforce, for the benefit of the Purchaser, any guarantee or warranty which it may enjoy. To the extent that such guarantee or warranty relates to the Property, the Seller hereby cedes all its rights in terms thereof to the Purchaser and/or the Body Corporate.
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Related to COMPLETION AND HAND OVER

  • COMMENCEMENT AND COMPLETION OF THE PROJECT Section 3.01 The Project (a) The Company intends and expects, together with any Sponsor Affiliate, to (i) construct and acquire the Project, and (ii) meet the Contract Minimum Investment Requirement within the Investment Period. The Company anticipates that the first Phase of the Project will be placed in service during the calendar year ending December 31, 2020. (b) Pursuant to the FILOT Act and subject to Section 4.03 hereof, the Company and the County hereby agree that the Company and any Sponsor Affiliates shall identify annually those assets which are eligible for FILOT payments under the FILOT Act and which the Company or any Sponsor Affiliate selects for such treatment by listing such assets in its annual PT-300S form (or comparable form) to be filed with the Department (as such may be amended from time to time) and that by listing such assets, such assets shall automatically become Economic Development Property and therefore be exempt from all ad valorem taxation during the Exemption Period. Anything contained in this Fee Agreement to the contrary notwithstanding, the Company and any Sponsor Affiliates shall not be obligated to complete the acquisition of the Project. However, if the Company, together with any Sponsor Affiliates, does not meet the Contract Minimum Investment Requirement within the Investment Period, the provisions of Section 4.03 hereof shall control. (c) The Company may add to the Land such real property, located in the same taxing District in the County as the original Land, as the Company, in its discretion, deems useful or desirable. In such event, the Company, at its expense, shall deliver an appropriately revised Exhibit A to this Fee Agreement, in form reasonably acceptable to the County.

  • Completion of the Project The Participating County acknowledges it is obligated to undertake and complete the design and construction of the Project in compliance with all of the applicable terms and conditions of the Project Documents and the Participating County agrees to use its best efforts to cause the completion of design and construction of the Project in compliance with the applicable terms and conditions of such documents. The Participating County agrees to complete the Project in accordance with this Agreement and consistent with the scope, cost and schedule established by the Board and attached hereto in Exhibit A, as such scope, cost and schedule may be modified with the approval of Finance and the recognition of the Board.

  • Completion of Project This Grant Agreement shall terminate upon completion of the project and payment of the last invoice.

  • COMPLETION OF AGREEMENT This document comprises the entire agreement between the District and the Association in the matters lawfully within the scope of negotiation. Neither party shall have any obligation to meet and negotiate during the term of this agreement.

  • Upon completion of the Project the Recipient shall make a full and complete accounting to the OPWC of the Eligible Project Cost.

  • Execution of the Project (a) The Recipient declares its commitment to the objectives of the Project as set forth in Schedule 2 to this Agreement, and, to this end, shall carry out the Project through its MoE with due diligence and efficiency and in conformity with appropriate financial, economic, environmental and administrative practices, and shall provide, promptly as needed, the funds, facilities, services and other resources required for the Project. (b) Without limitation upon the provisions of paragraph (a) of this Section and except as the Recipient and the Association shall otherwise agree, the Recipient shall carry out the Project in accordance with the Implementation Program set forth in Schedule 4 to this Agreement. (a) Except as the Association shall otherwise agree, procurement of the goods, works and consultants’ services required for the Project and to be financed out of the proceeds of the Grant shall be governed by the provisions of Schedule 3 to this Agreement, as said provisions may be further elaborated in the Procurement Plan. (b) The Recipient shall update the Procurement Plan in accordance with terms of reference acceptable to the Association, and furnish such update to the Association not later than twelve (12) months after the date of the preceding Procurement Plan, for the Association’s approval. Section 3.03. Without limitation upon any of its obligations under paragraph (a) of Section 3.01 of this Agreement and except as the Recipient and the Association shall otherwise agree, the Recipient shall: (i) not later than by the effectiveness of this Agreement open a separate project account (the Project Account) in a commercial bank acceptable to the Association; (ii) thereafter maintain the Project Account during the entire Project implementation period, and replenish said Account regularly with funds sufficient to ensure the Recipient’s Project co-financing obligations; and (iii) use the amount in the Project Account exclusively for financing the Recipient’s contribution to Project expenditures. Section 3.04. For the purposes of Section 6.09 of the General Conditions and without limitation thereto, the Recipient shall: (a) prepare, on the basis of guidelines acceptable to the Association, and furnish to the Association not later than six (6) months after the Closing Date or such later date as may be agreed for this purpose between the Recipient and the Association, a plan designed to ensure the continued achievement of the Project’s objectives; and (b) afford the Association a reasonable opportunity to exchange views with the Recipient on said plan.

  • Completion of the Work The Contractor must obtain Material Completion as defined in Section 6.1.2 below prior to any occupancy of the Project.

  • Completion of Repairs Borrower will commence any Repairs as soon as practicable after the date of this Loan Agreement and will diligently proceed with and complete such Repairs on or before the Completion Date. All Repairs and Capital Replacements will be completed in a good and workmanlike manner, with suitable materials, and in accordance with good building practices and all applicable laws, ordinances, rules, regulations, building setback lines and restrictions applicable to the Mortgaged Property. Borrower agrees to cause the replacement of any material or work that is defective, unworkmanlike or that does not comply with the requirements of this Loan Agreement, as determined by Lender.

  • Construction Phase Fee Contractor’s Construction Phase Fee is the maximum amount payable to Contractor for any cost or profit expectation incurred in the performance of the Work that is not specifically identified as being eligible for reimbursement by Owner elsewhere in this Agreement. References in the UGSC to Contractor’s “overhead” and “profit” mean Contractor’s Construction Phase Fee. The Construction Phase Fee includes, but is not limited to, the following items: 9.1 All profit, profit expectations and costs associated with profit sharing plans such as personnel bonuses, incentives, and rewards; company stock options; or any other like expenses of Contractor.

  • Construction Phase Part 1 –

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