Common use of Pad-Ready Condition Clause in Contracts

Pad-Ready Condition. As part of the Infrastructure Improvements, RCP has caused Bliss Sports II to improve the Pad Site to a pad-ready, building-permit ready condition, with plans for all necessary potable water, sanitary sewer, storm sewer, gas, electric, and other utility improvements, complete with locations for stubbing to the Pad Site on which the Recreation Center is to be constructed (“Pad-Ready Condition”) in accordance with the Purchase Agreement. Bliss Sports II, pursuant to the Infrastructure Improvements Construction Contract, has provided to the City the certificate attached hereto as Exhibit H, attesting that the Pad Site is in Pad-Ready Condition. At Closing the City will issue a certificate of acceptance agreeing that the Pad Site is in Pad-Ready Condition. After Closing, any additional costs to maintain the Pad Site in Pad-Ready Condition shall be included as part of the Recreation Center Construction Contract.