Completion of Construction Work. Upon Substantial Completion of the Project, Tenant shall furnish the FCRHA with (a) a certification of the Architect (certified to the FCRHA) that it has examined the applicable plans and specifications (that shall include the Plans and Specifications in the case of Initial Construction Work or a Restoration of the Project) and that, in its best professional judgment, after diligent inquiry, to its best knowledge and belief, the Construction Work has been substantially completed in accordance with the plans and specifications applicable thereto and, as constructed, the Project complies with all applicable Requirements, (b) if required, a copy or copies of the temporary or permanent certificate(s) of occupancy for the Project issued by the Fairfax County Department of Public Works and Environmental Services (or such other appropriate Governmental Authority), and (c) with respect to the Initial Construction Work (or a Restoration) of the Project, within ninety (90) days of Substantial Completion, a complete set of “as built” plans, in either CADD format, to the extent available, or in field marked copies of the plans, and a survey showing the Project. The FCRHA shall have an unrestricted non-exclusive license to use such “as built” plans and survey for any purpose without paying any additional cost or compensation therefor, which license shall be subject to the rights of the parties preparing such plans and survey under copyright and other applicable laws.
Completion of Construction Work. Upon Final Completion of the Project, Tenant will furnish Landlord with (a) a certification of the Architect (certified to Landlord) that it has examined the applicable plans and specifications (that will include the Plans and Specifications in the case of Initial Construction Work or a Restoration of the Project) and that, in its best professional judgment, after diligent inquiry, to its best knowledge and belief, the Construction Work has been completed in accordance with the plans and specifications applicable thereto and, as constructed, the Project complies with all Applicable Laws, (b) if required, a copy or copies of the temporary or permanent certificate(s) of occupancy for the Project issued by the Fairfax County Department of Planning and Development (or such other appropriate Governmental Authority), and (c) with respect to the Initial Construction Work (or a Restoration for which “as built” plans will be issued) of the Project, within 90 days after Substantial Completion, a complete set of “as built” plans and a survey showing the Project. Landlord will have an unrestricted non-exclusive license to use such “as built” plans and survey in connection with any Restoration of the Project without paying any additional cost or compensation therefor, which license will be subject to the rights of the parties preparing such plans and survey under copyright and other applicable laws.
Completion of Construction Work. In case of a plot / land, the construction shall be completed within 2 years and in case of a shed / stall / built-up space, the construction / preparation shall be completed within 1 year from the date of execution of the Deed of Assignment or delivery of possession, whichever is earlier. If there is any delay in completion of the construction or the preparatory work, on justifiable reasons beyond the control of the Assignee, the Assignor may allow such extension as deemed fit and proper.
Completion of Construction Work. The following procedures shall govern all issues of incomplete construction work which are not specifically addressed elsewhere in this Agreement:
a) Within seven (7) days prior to Closing, the Buyer shall have the right to inspect the Unit and complete a Punch List of all incomplete items, defects in workmanship, and omitted items that the Buyer believes should be completed and/or repaired as part of the contract sale price. Within twenty-four (24) hours prior to the time of Closing, the Buyer shall have the right to inspect the Unit as a Final Walk Through to confirm the Punch List has been completed by the Seller. The Seller will review the list (the “Punchlist”) and note any objections to specific items on the list he may have. Both parties will sign the Punchlist as part of the Closing documents. The Punchlist document will serve as a legal contract between Buyer and Seller for work, which has yet to be completed by the Seller. In no event shall the Closing Date be delayed or postponed due to the unwillingness or failure of the parties to agree upon or execute the Punchlist. In the event of a disagreement about the Punchlist, the Closing shall proceed as scheduled, and the Buyer and Seller shall proceed to engage in “Punchlist Arbitration”, as follows: the Buyer and Seller shall mutually appoint a real estate professional, as defined below, to act as an arbiter of such dispute within ten (10) days after the disagreement first arises. If the Buyer and Seller are unable or fail to name such arbiter within said ten (10) days, then within the ensuing five (5) days the Buyer and Seller shall each name their own real estate professional and these two (2) individuals shall then jointly name an arbiter. If either party fails to name an arbiter within five (5) days, then the arbiter named by the other party, shall be deemed to have been mutually agreed upon. For purposes of this paragraph, a “real estate professional”, shall mean a professional architect, home builder, contractor or inspector having no less than three (3) consecutive years of professional experience in the metropolitan or the Greater Boston area. Within the ten (10) days after his or her appointment as the arbiter hereunder, the real estate professional, so-named, shall render a final and binding decision as to the disputed Punchlist matters. The arbiter's decision must in any event be consistent with the terms of this Agreement. Each party shall pay half (1/2) the cost of the arbiter and each...
Completion of Construction Work. The following procedures shall govern all issues of incomplete construction work, which are not specifically addressed elsewhere in this Agreement:
a) Within Seven (7) days prior to the time of Closing, the Buyer shall have the right to inspect the Unit and complete a Punchlist (hereinafter, referred to as, the “Punchlist”) of all incomplete items, defects in workmanship, and omitted items that the Buyer believes should be completed and/or repaired as part of the Purchase & Sales Agreement’s sale price. Within Twenty-four (24) hours prior to the time of Closing, the Buyer shall have the right to inspect the Unit as a Final Walk Through to confirm that any such Punch List items, if any, have been completed by the Seller, or as otherwise agreed to by the Parties, in writing.
Completion of Construction Work. Upon substantial completion of a Restoration or a Capital Improvement having a total cost in excess of $250,000, Tenant shall furnish Administrator with (a) a certification of the architect or a licensed professional engineer acceptable to Administrator (certified to Landlord and Administrator) that it has examined the applicable plans and specifications and that, in its best professional judgment, after diligent inquiry, to its best knowledge and belief, the Restoration or the Capital Improvement, as the case may be, has been substantially completed in accordance with the plans and specifications applicable thereto and, as constructed, the Restoration or Capital Improvement, as the case may be, complies with the Building Code of New York City and all other Requirements, (b) a copy or copies of the temporary or permanent (whichever is applicable, if any) Certificate(s) of Occupancy for the relevant portion of the Premises, (c) copies of official certificates evidencing compliance with all Requirements, if any and (d) the most current set of available architectural plans. Tenant shall further furnish Administrator with a complete set of “as built” plans, as of the date a temporary or permanent (whichever is applicable) Certificate of Occupancy is issued, as soon as such are prepared, but in no event later than thirty (30) days after a temporary or permanent (as applicable) Certificate of Occupancy is issued. Administrator shall have a, non-exclusive, irrevocable license to use such “as built” plans and survey for the purpose of completing the Work on the Premises without paying any additional cost or compensation therefor, subject to copyright and similar rights under applicable law of the architect and other Persons who prepared such plans and surveys.
