Common use of Final Tenant Improvement Payment Clause in Contracts

Final Tenant Improvement Payment. Within thirty (30) days after the Date of Completion, District may file in the Office of the County Recorder a Notice of Completion of the Work herein agreed to be done by Contractor. Within sixty (60) days of the Date of Completion, the difference between the GMP and all payments theretofore made to Contractor shall be due and payable to Contractor excepting only such sum or sums as may be withheld or deducted in accordance with the terms of this Facilities Lease. All prior certifications, upon which partial Tenant Improvement Payments may have been made, being merely estimates, shall be subject to correction in the final certificate.

Final Tenant Improvement Payment. Within thirty (30) days after the Date of Completion, District may file in the Office of the County Recorder Recorder, a Notice of Completion of the Work herein agreed to be done by Contractor. Within sixty (60) days of the Date of Completion, the difference between the GMP and all payments theretofore made to Contractor shall be due and payable to Contractor excepting only such sum or sums as may be withheld or deducted in accordance with the terms of this Facilities Lease. All prior certifications, upon which partial Tenant Improvement Payments may have been made, being merely estimates, shall be subject to correction in the final certificate.