Development Schedule; Completion Sample Clauses
The 'Development Schedule; Completion' clause sets out the timeline and milestones for the completion of a development project. It typically details key dates, phases of work, and the criteria for determining when the project or its components are considered finished. For example, it may specify deadlines for design, construction, and final delivery, as well as procedures for verifying completion. This clause ensures that all parties have a clear understanding of project expectations and deadlines, helping to prevent delays and disputes over when obligations have been fulfilled.
Development Schedule; Completion. Seller shall perform the Development Work in accordance with the schedule (the “Development Schedule”) attached hereto as Exhibit B-2. Seller shall meet on a regular basis (at least every 2 weeks) with Buyer to update Buyer regarding the status of the Development Work. Seller shall notify Buyer in writing when Seller has completed the Development Work for Section 4 in accordance with this Agreement (“Seller’s Completion Notice”) and shall then deliver to Buyer each of the items listed on Exhibit C attached hereto (the “Completion Documents”) to the extent such items have not previously been delivered to Buyer. Seller’s Completion Notice shall be deemed Seller’s certification to Buyer that all Development Work for the applicable Section has been completed except for the Post Completion Work.