Common use of Definition of Completion Clause in Contracts

Definition of Completion. For purposes of this Lease, “Completed” and “Completion” mean completion of construction by Tenant of all aspects of the Initial Improvements in accordance with the approved Construction Documents, and in compliance with all Regulatory Approvals, or provision of security satisfactory to Landlord for Deferred Items, and final building permit sign off. Completion shall be evidenced by Landlord’s issuance of a Certificate of Completion.

Appears in 2 contracts

Samples: Island Marina Lease, Sailing Center Lease

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Definition of Completion. For purposes of this Lease, “Completed” and “Completion” mean completion of construction by Tenant of all aspects of the Initial Improvements in accordance with the approved Construction Documents, and in compliance with all Regulatory Approvals, or provision of security satisfactory to Landlord for Deferred Items, and final building permit sign off. Completion shall be evidenced by LandlordXxxxxxxx’s issuance of a Certificate of Completion.

Appears in 2 contracts

Samples: Island Marina Lease, Sailing Center Lease

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