Common use of Construction Events Clause in Contracts

Construction Events. (i) Substantial Completion of the Improvements has not occurred on or prior to the Outside Improvements Substantial Completion Date; (ii) Substantial Completion of the Facility has not occurred on or prior to the Outside Facility Substantial Completion Date; (iii) Completion of the Facility has not occurred on or prior to the Outside Facility Substantial Completion Date; (iv) any voucher or invoice is fraudulently submitted by Borrower or any of its Affiliates in connection with any Advance for services performed or for materials used in or furnished for the Facility; (v) if Administrative Agent, the Independent Engineer or any of their representatives are not permitted access to the Facility in accordance with Section 4.04 of this Agreement; and (vi) if Borrower shall fail to deliver to Administrative Agent or its representative, when requested upon not less than 5 Business Days’ notice, copies of the Plans and Specifications.

Appears in 4 contracts

Samples: Loan and Security Agreement (Varian Medical Systems Inc), Loan and Security Agreement (Varian Medical Systems Inc), Loan and Security Agreement (Varian Medical Systems Inc)

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