Common use of Establishment of Completion Date Clause in Contracts

Establishment of Completion Date. The date of completion of the acquisition, construction, and installation of the Project (the “Completion Date”) shall be evidenced to the Lender and the EPD by a certificate of completion signed by the Authorized Borrower Representative and approved by the Engineer, stating that construction of the Project has been completed without material deviation from the Plans and Specifications and all labor, services, materials, and supplies used in such construction have been paid or provided for. Notwithstanding the foregoing, such certificate may state that it is given without prejudice to any rights against third parties that exist at the date of such certificate or that may subsequently come into being. It shall be the duty of the Borrower to cause the certificate contemplated by this paragraph to be furnished as soon as the construction of the Project shall have been completed.

Appears in 5 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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