FINISH OUT Clause Samples
A "Finish Out" clause defines the obligations and responsibilities for completing the final stages of a construction or fit-out project. Typically, it specifies the standards, materials, and timeline required for the tenant or contractor to finish interior spaces, such as installing flooring, lighting, or fixtures, to make the premises ready for use. This clause ensures that both parties are clear on what constitutes a completed space and helps prevent disputes over the quality or extent of the work required before occupancy or handover.
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FINISH OUT. Buyer has decided upon finish-out items and options which are shown in the Floor Plan and Finish-out Specifications, attached hereto as Exhibit “B”. The price for any finish-out items and options are included in the Purchase Price. In the event that Buyer desires any revisions or changes (“Change Order”) to the finish-out items and options as agreed upon in the Floor Plan and Finish-Out Specifications, Buyer and Seller shall execute a Change Order Addendum, in the form attached hereto as Exhibit “C”, which will become part of this Agreement, which addendum identifies the Change Order and all prices associated with the Change Order selected by Buyer (the “Change Order Payment”). The Change Order Addendum will only be effective and deemed a part of this Agreement if one hundred percent (100%) of the Change Order Payment is paid in full by Buyer to Seller upon the execution of the Change Order Addendum. Payments made to Seller for any Change Orders are nonrefundable and do not constitute ▇▇▇▇▇▇▇ Money. IF BUYER TERMINATES THE AGREEMENT OR DEFAULTS UNDER THE AGREEMENT, BUYER WILL NOT BE ENTITLED TO ANY REFUND OF ANY PORTION OF THE CHANGE ORDER PAYMENT PREVIOUSLY REMITEED TO SELLER.
FINISH OUT. Lessee accepts the Leased Premises in “as is” condition and no other finish out shall be required of Lessor. Any alterations to the Leased Premises shall be at Lessee’s sole expense and responsibility.
FINISH OUT
