CONSTRUCTION AND ACCEPTANCE Sample Clauses
The "Construction and Acceptance" clause defines how the terms of the contract are to be interpreted and the process by which deliverables are reviewed and formally accepted by the receiving party. Typically, this clause outlines the standards or criteria that must be met for acceptance, the timeframe for inspection or review, and the procedures for notifying the other party of acceptance or rejection. Its core function is to ensure that both parties have a clear understanding of how contractual obligations will be evaluated and when obligations are considered fulfilled, thereby reducing disputes over performance and delivery.
CONSTRUCTION AND ACCEPTANCE. 8.1 Landlord at its sole cost and expense shall construct "LANDLORD'S WORK" as described in Exhibit C attached hereto and incorporated by reference herein. Tenant shall construct "TENANT'S WORK" as specified in Exhibit C and Landlord shall provide a Tenant Improvement Allowance in the amount specified in Paragraph 1(i) to be applied to the cost of the Tenant Improvements constructed by Tenant. If the actual cost of such Tenant Improvements exceeds the Tenant Improvement Allowance, all excess costs shall be at Tenant's sole cost and expense. If the cost is less than the Tenant Improvement Allowance, the balance of the Tenant Improvement Allowance shall be applied to the cost of any Special Tenant Improvements described in Exhibit C, or if none are specified, to the cost of Tenant Improvements under any then existing lease between Landlord and Tenant for other premises in the Center. Landlord agrees to notify Tenant at least ten (10) days prior to the date Landlord anticipates substantial completion of the Base Building portion of Landlord's Work as set forth in Exhibit C ("BASE BUILDING WORK"). The "DELIVERY DATE" for the Premises shall be the date upon which (i) Landlord has substantially completed the Base Building Work, as evidenced by a written certificate of substantial completion issued by Landlord's architect, and (ii) the parking areas on Parcel 3 shall have been substantially completed and all interior roadways designated on the Site Plan which provide ingress and egress to the Premises and to such parking areas shall be paved and accessible from the public roads. The remaining Landlord's Work shall be substantially completed on or before the Rent Commencement Date. As used herein, "SUBSTANTIAL COMPLETION" shall mean completed, except for minor punch list items which do not interfere with Tenant's ability to complete its improvements. The condition of the Premises in compliance with the requirements set forth in items (i) and (ii) above may sometimes be referred to herein as the "DELIVERY CONDITION."
CONSTRUCTION AND ACCEPTANCE. (a) The Building will be constructed substantially in accordance with the floor plan attached hereto as Exhibit “A”. Lessee shall inspect the Leased Premises and shall accept the Leased Premises as long as they conform with the floor plan attached hereto as Exhibit “A.”
(b) ▇▇▇▇▇▇ agrees to begin construction of the finish out of the Leased Premises upon the Closing Date.
CONSTRUCTION AND ACCEPTANCE. Landlord and Tenant hereby amend the provisions of Article 8 as follows:
a. Notwithstanding any provisions of Article 8 to the contrary, subject to Paragraph 8 below, Tenant acknowledges that: (i) Landlord has fully completed Landlord's Work (defined in Section 1.3 of Exhibit C-1), and (ii) all punchlist work with respect to Landlord's Work has been completed. Tenant acknowledges that Landlord's Work no longer includes construction of any Tenant Improvements. From and after the date of this First Amendment, the term "Tenant's Work" as used in the Lease shall include all Tenant Improvements. Tenant shall construct Tenant's Work in accordance with the Approved Tenant Improvements Plans and the provisions of the Work Letter for Tenant's Work which is attached hereto as Exhibit C-1 and replaces Exhibit C to the Lease in its entirety. Tenant will complete Tenant's Work at Tenant's sole cost and expense, subject to the Tenant Improvement Allowance described in Paragraph 5
CONSTRUCTION AND ACCEPTANCE. 4.1. Tenant shall remodel, or cause to be remodeled, the improvements shown on the Site Plan in accordance with the plans attached hereto as Exhibit C which are hereby approved. Landlord agrees to assist Tenant in obtaining governmental approvals and permits necessary to Tenant's operation of Premises or to the commencement or completion of Tenant's improvements.
CONSTRUCTION AND ACCEPTANCE