Completion of Punch List items All items figuring in the Punch List shall be completed by the Contractor within 60 (sixty) days of the date of issuance of the Provisional Certificate for that partand for any delay thereafter, other than for reasons solely attributable to the Authority or due to Force Majeure, the Authority shall be entitled to recover Damages from the Contractor to be calculated and paid for each day of delay until all items are completed, at the rate of0.2% (zero point two per cent) of the cost of completing such itemsas estimated by the Authority Engineer. Subject to payment of such Damages, the Contractor shall be entitled to a further period not exceeding 120 (one hundred and twenty) days for completion of the Punch List items. For the avoidance of doubt, it is agreed that if completion of any item in the Punch List is delayed for reasons attributable to the Authority or due to Force Majeure, the completion date thereof shall be determined by the Authority Engineer in accordance with Good Industry Practice, and such completion date shall be deemed to be the date of issue of the Provisional Certificate for the purposes of Damages, if any, payable for such item under this Clause 12.3.
Completion of Punch List. 1. It is also understood and agreed that TIME IS OF THE ESSENCE IN CLOSING OUT THE WORK. The Design-Builder agrees to begin performance immediately after receipt of notice of the Punch List Work.
Completion of Punch List items All items in the Punch List shall be completed by the Concessionaire within 90 (ninety) days of the date of issuance of the Provisional Certificate and for any delay thereafter, other than for reasons solely attributable to the Authority or due to Force Majeure, the Authority shall be entitled to recover Damages from the Concessionaire to be calculated and paid for each day of delay until all items are completed, at the lower of (a) 0.1% (zero point one per cent) of the Performance Security, and (b) 0.2% (zero point two per cent) of the cost of completing such items as estimated by the Authority’s Engineer. Subject to payment of such Damages, the Concessionaire shall be entitled to a further period not exceeding 120 (one hundred and twenty) days for completion of the Punch List items. For the avoidance of doubt, it is agreed that if completion of any item in the Punch List is delayed for reasons attributable to the Authority or due to Force Majeure, the completion date thereof shall be determined by the Authority’s Engineer in accordance with Good Industry Practice, and such completion date shall be deemed to be the date of issue of the Provisional Certificate for the purposes of Damages, if any, payable for such item under this Clause 13.3.
Completion of Punch List. Correction of Defects. In respect of any Property which has been sold and transferred to Purchaser at a Closing hereunder, to complete, at the Seller's or MI's cost, all punch-list items and any work required to obtain the final Certificate of Occupancy if not available at Closing and to correct, at Seller's or MI's cost, all defects in the Improvements that are discovered and disclosed by or to the Seller within one year following the acceptance of the Improvements by the Seller from the general contractor for such Improvements. At Closing, Seller and MI shall, at Purchaser's request, certify the outside date of such one-year warranty period to Purchaser. The Purchaser agrees to cooperate with the Seller, MI and/or the Tenant in enforcing any applicable warranties or guaranties with respect to such defects. Seller and/or Tenant shall have the exclusive right and obligation to pursue the aforementioned rights and remedies; however, in the event that Seller and/or Tenant fails to exercise such rights and remedies, after ten (10) days from notice by Purchaser to Seller of such failure to exercise such rights and remedies, Purchaser shall then have the right to pursue the same. The provisions of this Section 8.2 shall survive any Closing under this Agreement.
Completion of Punch List. Within twenty (20) days after occupancy of the Expansion Premises, Tenant shall submit to Landlord a "punch list" of Tenant Improvement items that require repair or correction by Landlord. Provided that said items were included within the original plans and/or part of change orders to such plans approved by Landlord in writing, Landlord shall diligently proceed to correct those items within thirty (30) days of receipt of Tenant's list.
Completion of Punch List. (a) The Contractor must begin Punch List Work immediately after receipt of the Punch List, must prosecute that Work continuously, and must complete all Punch List Work within the time period specified in the Project Requirements for completion of the Punch List Work. The CTA may, but is not obligated, to complete Punch List Work not performed by the Contractor within the time period specified in the Project Requirements for completion of the Punch List Work, and the CTA will deduct the cost of such work from the Contract Price.
Completion of Punch List. Correction of Defects. To complete, at the Seller's or MI's cost, all punch-list items and any work required to obtain the final Certificate of Occupancy if not available at Closing and to correct, at Seller's or MI's cost, all defects in the Improvements that are discovered and disclosed by or to the Seller within one year following the acceptance of the Improvements by the Seller from the general contractor for such Improvements. At Closing, Seller and MI shall, at Purchaser's request, certify the outside date of such one-year warranty period to Purchaser. The Purchaser agrees to cooperate with the Seller, MI and/or the Tenant in enforcing any applicable warranties or guaranties with respect to such defects. Seller and/or Tenant shall have the exclusive right and obligation to pursue the aforementioned rights and remedies; however, in the event that Seller and/or Tenant fails to exercise such rights and remedies, after ten (10) days from notice by Purchaser to Seller of such failure to exercise such rights and remedies, Purchaser shall then have the right to pursue the same. The provisions of this Section 8.2 shall survive the Closing.
Completion of Punch List. Prior to Tenant’s taking occupancy of the Premises, a representative of each of Landlord and Tenant shall conduct a joint inspection of the Premises for the purpose of developing a “punch list” of Tenant Improvement items, if any, that require repair or correction by Landlord. Provided that said items were included within the original plans, Landlord shall diligently proceed to correct those items within thirty (30) days of receipt of Tenant’s list. Tenant’s failure or refusal to participate in such inspection in a timely manner (provided Tenant has received EXHIBIT B IMPROVEMENT CONSTRUCTION AGREEMENT (continued) reasonable notice of the readiness of the Premises for such inspection), shall constitute Tenant’s waiver of its rights pursuant to this Section 7.
Completion of Punch List. Prior to Tenant taking possession of Suite 220, a representative of each of Landlord and Tenant shall conduct a joint inspection of Suite 220 for the purpose of developing a’ punch list” of Improvement items, if any, that require repair or correction by Landlord. Provided that said items were included within the original plans, Landlord shall cause Contractor shall diligently proceed to correct those items within thirty (30) days of receipt of Tenant’s list. Tenant’s failure or refusal to participate in such inspection in a timely manner (provided Tenant has received reasonable notice of the readiness of Suite 220 for such inspection), shall constitute Tenant’s waiver of its rights pursuant to this Section 7.
Completion of Punch List. 8.4.1 Contractor shall be obligated to complete all Punch List Items prior to the Guaranteed Final Completion Date; provided, however, that Punch List Items shall be deemed satisfied to the extent Owner, with Independent Engineer's concurrence in writing, agrees in writing to transfer the Punch List Items to the warranty list, or to the extent bought-out by Contractor in accordance with Section 8.4.2.
