Common use of Percent Design Phase Clause in Contracts

Percent Design Phase. Within 45 days of approval of the Development Plan by the Commissioner, Tenant must submit to the Commissioner its proposed 60 percent design drawings and specifications prepared as required under the TDCPM ("60 Percent Designs”), which must include any Shell and Core modifications or other modifications to base building systems required to accommodate Tenant’s proposed Improvements. The Commissioner will attempt to review and respond to the 60 Percent Designs within 10 days after the Commissioner's receipt with an “accepted,” “accepted [with comments] as noted,” or “revise and resubmit.” If any of the 60 Percent Designs requires resubmission, Tenant must resubmit the 60 Percent Designs addressing the Commissioner’s comments within 5 days after receiving the Commissioner’s response. Tenant must resubmit the 60 Percent Designs as many times as necessary until the Commissioner either accepts them or accepts them as noted; however, if Tenant fails to provide acceptable 60 Percent Designs after 5 attempts, it will be an Event of Default.

Percent Design Phase. Within 45 60 days of approval of an “accepted” or “accepted as noted” response to the Development Plan by 30 Percent Designs from the Commissioner, Tenant must submit to the Commissioner its proposed 60 percent design drawings and specifications prepared as required under the TDCPM ("“60 Percent Designs”), which must include revisions to and incorporate the Commissioner’s comments on the 30 Percent Designs as well as any Shell and Core modifications or other modifications to base building systems required to accommodate Tenant’s proposed Improvements. The Commissioner will attempt to review and respond to the 60 Percent Designs within 10 days after the Commissioner's receipt with an “accepted,” “accepted [with comments] as noted,” or “revise and resubmit.” If any of the 60 Percent Designs requires resubmission, Tenant must resubmit the 60 Percent Designs addressing the Commissioner’s comments within 5 days after receiving the Commissioner’s response. Tenant must resubmit the 60 Percent Designs as many times as necessary until the Commissioner either accepts them or accepts them as noted; however, if Tenant fails to provide acceptable 60 Percent Designs after 5 attempts, it will be an Event of Default.

Percent Design Phase. Within 45 days of Upon approval of the Development Plan by the Commissioner, Tenant must submit to the Commissioner its proposed 60 proceed with preparation of 30 percent design drawings and specifications prepared as required under the TDCPM for Improvements to each Leased Space ("60 “30 Percent Designs”), which must include any Shell and Core modifications ) prepared pursuant to the guidelines set forth in the TDCPM within the earlier of 14 days following the approval of the Development Plan or other modifications to base building systems required to accommodate Tenant’s proposed Improvements60 days before the date for beginning construction of Improvements as set forth in the Development Plan. The Commissioner will attempt to review and respond to the 60 30 Percent Designs for the Improvements within 10 5 business days after Tenant’s submission of the Commissioner's receipt 30 Percent Designs with an “accepted,” “accepted [with comments] as noted,” or “revise and resubmit.” If any of the 60 30 Percent Designs requires resubmission, Tenant must resubmit the 60 30 Percent Designs addressing the Commissioner’s comments within 5 days after receiving the Commissioner’s response. Tenant must resubmit the 60 30 Percent Designs as many times as necessary until the Commissioner either accepts them or accepts them as noted; however, if Tenant fails to provide acceptable 60 30 Percent Designs after 5 attempts, it will be an Event of Default.. SAMPLE