Completion of Improvements. Within 90 days of completion of any construction herein permitted, Company will cause to be prepared and delivered to Authority record documents as required under the Tenant Work Permit process, including but not limited to as-builts, legal descriptions, boundary surveys, and certified final cost of construction. The submission of record document electronic media will be in accordance with Authority’s Standard Procedure for computer aided design and drafting and drawings, as may be revised from time to time.
Completion of Improvements. Upon the occurrence of any Event of Default, Funding Lender shall have the right to cause an independent contractor selected by Funding Lender to enter into possession of the Project and to perform any and all work and labor necessary for the completion of the Project substantially in accordance with the Plans and Specifications, if any, and to perform Borrower’s obligations under this Borrower Loan Agreement. All sums expended by Funding Lender for such purposes shall be deemed to have been disbursed to and borrowed by Borrower and shall be secured by the Security Documents.
Completion of Improvements. Notwithstanding the provisions of Sections 11.2, 11.3, 11.4, and 11.5, if prior to termination of this Agreement, Developer has performed substantial work and incurred substantial liabilities in good faith reliance upon a building permit issued by the City, then Developer shall have acquired a vested right to complete construction of the Building in accordance with the terms of the building permit and occupy or use each such Building upon completion for the uses permitted for that Building as provided in this Agreement. Any Building completed or occupied pursuant to this Section 11.6 shall be considered legal non- conforming subject to all City ordinances standards and policies as they then exist governing legal non-conforming buildings and uses unless the Building otherwise complies with the property development standards for the district in which it is located and the use is otherwise permitted or conditionally permitted in the district.
Completion of Improvements. The Work will be completed as required by this Loan Agreement. I acknowledge that before the final Disbursement, Lender must obtain a certification of completion stating the Work was completed in accordance with the Plans (“Certification of Completion”), and the final, unconditional certificate of occupancy issued by the responsible Government Authority, if required by law. I acknowledge and agree that if Lender or its designee are unreasonably denied entry to the Property to inspect the Work in order to obtain a Certification of Completion, it will constitute an Event of Default under Section 3.1 of this Loan Agreement.
Completion of Improvements. Within ninety (90) days of completion of any construction herein permitted, the Airline will cause to be prepared and delivered to the Authority record documents as required under the Tenant Work Permit process, including but not limited to, as-built plans, legal descriptions, boundary surveys, and certified final cost of construction. The submission of record document electronic media will be in accordance with the Authority’s Standard Procedure for computer aided design and drafting and drawings, as may be revised from time to time.
Completion of Improvements. The Premises shall be constructed in accordance with the Base Plan Specifications and Option Addendum as approved by the Buyer and Seller, attached hereto as Exhibits A & B. Notwithstanding the foregoing, the Base Plan Specifications and Option Addendum, and all diagrams, schematics, and renderings of same remain the property of Seller and any distribution of same outside of this Contract is strictly prohibited. Seller expressly reserves the right to make changes to the Base Plan Specifications and Option Addendum as may be required by governmental authority or as may be required by the on-site Premises conditions so long as the size, overall quality, and appearance of the Premises are similar to that shown on the Base Plan Specifications and Option Addendum. The Premises shall be deemed complete and ready to close upon the issuance of a Certificate of Occupancy by the municipality in which the Premises lies and Seller shall deliver a copy of same to Buyer at closing. The improvements shall be completed in a good and workmanlike manner, and in accordance with all applicable governmental regulations, ordinances, codes and applicable restrictions, covenants, and conditions, including without limitation, any public or private architectural controls and restrictions. Reasonable efforts shall be made by Seller to complete all work on the Premises in a timely manner. Notwithstanding such efforts, Buyer acknowledges that construction delays can occur for a number of reasons. Seller shall not be liable for, and Buyer hereby waives any right to, damages caused by delays resulting from any act or omission of Buyer, Buyer’s inspector, or any other third party acting by and on behalf of Buyer, changes or alterations in the Base Plan Specifications and Option Addendum, strikes, lockouts, fire, embargoes, windstorm, flood, earthquake, acts of war, public laws, regulation, or acts of public officials, or by any other cause beyond Seller’s control. Should any delay occur as the result of the foregoing, at the option of the Seller, the estimated time to complete shall be automatically extended by the number of days resulting from such delay.
Completion of Improvements. The Improvements shall be completed by the Subdivider not more than two (2) years after commencement of construction of the Improvements pursuant to Paragraph 4 of this Agreement. The Improvements shall not be considered completed unless and until the Improvements have been constructed in accordance with all applicable plans and regulations and after the City has inspected them for compliance with the plans and regulations. The period for completion of the Improvements may be extended for good cause shown at the discretion of the City Engineer.
Completion of Improvements. The Improvements have been fully completed in a good and workmanlike manner and in substantial accordance with the scope of work.
Completion of Improvements. Evidence satisfactory to Lender and the Construction Consultant that the Completion of the Improvements has occurred.
Completion of Improvements. City generally requires that all improvements necessary to service new development be completed prior to issuance of building permits (except model home permits as may be provided by the Municipal Code). However, the parties hereto acknowledge that some of the backbone or in-tract improvements associated with the development of the Property may not need to be completed to adequately service portions of the Property as such development occurs. Therefore, as and when portions of the Property are developed, all backbone or in-tract infrastructure improvements required to service such portion of the Property in accordance with the Project Approvals (e.g., pursuant to specific tentative map conditions or other land use approvals) shall be completed prior to issuance of any building permits within such portion of the Property. Provided, however, the Public Works Director may approve the issuance of building permits prior to completion of all such backbone or in-tract improvements if the improvements necessary to provide adequate service to the portion of the Property being developed are substantially complete to the satisfaction of the Public Works Director, or in certain cases at the discretion of the City, adequate security has been provided to assure the completion of the improvements in question, and issuance of such permits is not inconsistent with the Baseline Project Features and Exhibit H.
