Completion of Project Construction. Upon completion of the Punch List Items, Developer shall provide written notice to LAUSD and LAUSD shall have the right, but not the obligation, to timely conduct an inspection to confirm that the Project is complete and fully conform to the Construction Plans in all material respects. Construction shall be deemed complete only after (i) the Project is physically and functionally complete in all respects in material conformance with the Construction Plans and all applicable laws, rules and regulations, and is ready to be occupied and utilized in accordance with the terms of this Agreement, and that all Punch List Items have been successfully completed, and (ii) the applicable governmental agency having appropriate jurisdiction over the Project has issued a certificate of occupancy or its equivalent (collectively, "Completion of Project Construction").
Completion of Project Construction
