Common use of Premises Plans and Specifications Clause in Contracts

Premises Plans and Specifications. Landlord shall construct the Option Space or the Expansion Space, as the case may be, and perform the work and make the installations in the Option Space or the Expansion Space, as the case may be, in accordance with the approved Premises Plans and Specifications. Landlord shall, when construction progress so permits, notify Tenant in advance of the approximate date on which the Option Space or Expansion Space will be substantially completed in accordance with the Premises Plans and Specifications and will notify Tenant when the Option Space or the Expansion Space is in fact so completed and ready for occupancy by Tenant. The space shall be deemed to be substantially complete when Landlord has procured a temporary or final certificate of occupancy for such space, although minor details or adjustments which do not materially interfere with Tenant's use of the space have not been completed. Landlord shall diligently pursue completion of any minor details or adjustments which have not been performed at the time Landlord gives such notice to Tenant. Tenant shall have the right to present to Landlord within thirty (30) days after the Option Space or the Expansion Space have been delivered to Tenant, or as soon thereafter as practicable, a written "punch list" which will consist of the items that have not been finished or furnished by Landlord in accordance with the provisions of the Premises Plans and Specifications. Upon presentation of the punch list to Landlord by Tenant, Landlord shall, with due diligence, proceed to complete all defective or incomplete items on the punch list. Landlord shall execute all of the items on the punch list to Tenant's satisfaction within fourteen (14) days of Landlord's receipt of the punch list. If Landlord fails to complete all of the items within such time frame, Tenant may complete such items and Landlord shall reimburse Tenant upon demand for the reasonable costs incurred by Tenant for such work. If such costs are not paid within ten (10) days after demand, such costs shall be credited to and deducted from Tenant's next monthly installments of Rent, payable hereunder. Evidence of when the Option Space or the Expansion Space have been substantially completed shall be a certificate to that effect by both Landlord's architect and Tenant's architect. Upon completion of the work, Landlord shall file a Notice of Completion and provide Tenant with a lien indemnification to insure the removal of all mechanic's liens and verification that all vendors have been fully paid and all lien rights expunged.

Premises Plans and Specifications. Landlord shall construct the Option Space or the Expansion Space, as the case may be, Premises and perform the work and make the installations in the Option Space or the Expansion Space, as the case may be, Premises in accordance with the approved Premises Plans and Specifications. Landlord shall, when construction progress so permits, notify Tenant in advance of the approximate date on which the Option Space or Expansion Space Premises will be substantially completed in accordance with the Premises Plans and Specifications and will notify Tenant when the Option Space or the Expansion Space is Premises are in fact so completed and ready for occupancy by Tenant. The space Premises shall be deemed to be substantially complete when Landlord has procured a temporary or final certificate of occupancy for such spacethe Premises, although minor details or adjustments which do not materially interfere with TenantXxxxxx's use of the space Premises have not been completed. Landlord shall diligently pursue completion of any minor details or adjustments which have not been performed at the time Landlord gives such notice to Tenant. Tenant shall have the right to present to Landlord within thirty (30) days after the Option Space or the Expansion Space have been Premises are delivered to Tenant, or as soon thereafter as practicable, a written "punch list" which will consist of the items that have not been finished or furnished by Landlord in accordance with the provisions of the Premises Plans and Specifications. Upon presentation of the punch list to Landlord by TenantXxxxxx, Landlord shall, with due diligence, proceed to complete all defective or incomplete items on the punch list. Landlord shall execute all of the items on the punch list to TenantXxxxxx's satisfaction within fourteen (14) days of LandlordXxxxxxxx's receipt of the punch list. If Landlord fails to complete all of the items within such time frame, Tenant may complete such items and Landlord shall reimburse Tenant upon demand for the reasonable costs incurred by Tenant for such work. If such costs are not paid within ten (10) days after demand, such costs shall be credited to and deducted from Tenant's next monthly installments of Rent, payable hereunder. Evidence of when the Option Space or the Expansion Space Premises have been substantially completed shall be a certificate to that effect by both Landlord's architect and TenantXxxxxx's architect. Upon completion of the work, Landlord shall file a Notice of Completion and provide Tenant with a lien indemnification to insure the removal of all mechanic's liens and verification that all vendors have been fully paid and all lien rights expunged.

Premises Plans and Specifications. Landlord shall construct the Option Space or the Expansion Space, as the case may be, Premises and perform the work and make the installations in the Option Space or the Expansion Space, as the case may be, Premises in accordance with the approved Premises Plans and Specifications. Landlord shall, when construction progress so permits, notify Tenant in advance of the approximate date on which the Option Space or Expansion Space Premises will be substantially completed in accordance with the Premises Plans and Specifications and will notify Tenant when the Option Space or the Expansion Space is Premises are in fact so completed and ready for occupancy by Tenant. The space Premises shall be deemed to be substantially complete when Landlord has procured a temporary or final certificate of occupancy for such spacethe Premises, although minor details or adjustments which do not materially interfere with Tenant's use of the space Premises have not been completed. Landlord shall diligently pursue completion of any minor details or adjustments which have not been performed at the time Landlord gives such notice to Tenant. Tenant shall have the right to present to Landlord within thirty (30) days after the Option Space or the Expansion Space have been Premises are delivered to Tenant, or as soon thereafter as practicable, a written "punch list" which will consist of the items that have not been finished or furnished by Landlord in accordance with the provisions of the Premises Plans and Specifications. Upon presentation of the punch list to Landlord by Tenant, Landlord shall, with due diligence, proceed to complete all defective or incomplete items on the punch list. Landlord shall execute all of the items on the punch list to Tenant's satisfaction within fourteen (14) days of Landlord's receipt of the punch list. If Landlord fails to complete all of the items within such time frame, Tenant may complete such items and Landlord shall reimburse Tenant upon demand for the reasonable costs incurred by Tenant for such work. If such costs are not paid within ten (10) days after demand, such costs shall be credited to and deducted from Tenant's next monthly installments of Rent, payable hereunder. Evidence of when the Option Space or the Expansion Space Premises have been substantially completed shall be a certificate to that effect by both Landlord's ’s architect and Tenant's architect. Upon completion of the work, Landlord shall file a Notice of Completion and provide Tenant with a lien indemnification to insure the removal of all mechanic's liens and verification that all vendors have been fully paid and all lien rights expunged.

Premises Plans and Specifications. Landlord shall construct the Option Space or the Expansion Space, as the case may be, and perform the work and make the installations in the Option Space or the Expansion Space, as the case may be, in accordance with the approved Premises Plans and Specifications. Landlord shall, when construction progress so permits, notify Tenant in advance of the approximate date on which the Option Space or Expansion Space will be substantially completed in accordance with the Premises Plans and Specifications and will notify Tenant when the Option Space or the Expansion Space is in fact so completed and ready for occupancy by Tenant. The space shall be deemed to be substantially complete when Landlord has procured a temporary or final certificate of occupancy for such space, although minor details or adjustments which do not materially interfere with Tenant's use of the space have not been completed. Landlord shall diligently pursue completion of any minor details or adjustments which have not been performed at the time Landlord gives such notice to Tenant. Tenant shall have the right to present to Landlord within thirty (30) days after the Option Space or the Expansion Space have been delivered to Tenant, or as soon thereafter as practicable, a written "punch list" which will consist of the items that have not been finished or furnished by Landlord in accordance with the provisions of the Premises Plans and Specifications. Upon presentation of the punch list to Landlord by TenantXxxxxx, Landlord shall, with due diligence, proceed to complete all defective or incomplete items on the punch list. Landlord shall execute all of the items on the punch list to TenantXxxxxx's satisfaction within fourteen (14) days of LandlordXxxxxxxx's receipt of the punch list. If Landlord fails to complete all of the items within such time frame, Tenant may complete such items and Landlord shall reimburse Tenant upon demand for the reasonable costs incurred by Tenant for such work. If such costs are not paid within ten (10) days after demand, such costs shall be credited to and deducted from Tenant's next monthly installments of Rent, payable hereunder. Evidence of when the Option Space or the Expansion Space have been substantially completed shall be a certificate to that effect by both LandlordXxxxxxxx's architect and TenantXxxxxx's architect. Upon completion of the work, Landlord shall file a Notice of Completion and provide Tenant with a lien indemnification to insure the removal of all mechanic's liens and verification that all vendors have been fully paid and all lien rights expunged.

Premises Plans and Specifications. Landlord shall construct the Option Space or the Expansion Space, as the case may be, Premises and perform the work and make the installations in the Option Space or the Expansion Space, as the case may be, Premises in accordance with the approved Premises Plans and Specifications. Landlord shall, when construction progress so permits, notify Tenant in advance of the approximate date on which the Option Space or Expansion Space Premises will be substantially completed in accordance with the Premises Plans and Specifications and will notify Tenant when the Option Space or the Expansion Space is Premises are in fact so completed and ready for occupancy by Tenant. The space Premises shall be deemed to be substantially complete when Landlord has procured a temporary or final certificate of occupancy for such spacethe Premises, although minor details or adjustments which do not materially interfere with Tenant's use of the space Premises have not been completed. Landlord shall diligently pursue completion of any minor details or adjustments which have not been performed at the time Landlord gives such notice to Tenant. Tenant shall have the right to present to Landlord within thirty (30) days after the Option Space or the Expansion Space have been Premises are delivered to Tenant, or as soon thereafter as practicable, a written "punch list" which will consist of the items that have not been finished or furnished by Landlord in accordance with the provisions of the Premises Plans and Specifications. Upon presentation of the punch list to Landlord by Tenant, Landlord shall, with due diligence, proceed to complete all defective or incomplete items on the punch list. Landlord shall execute all of the items on the punch list to Tenant's satisfaction within fourteen (14) days of Landlord's receipt of the punch list. If Landlord fails to complete all of the items within such time frame, Tenant may complete such items and Landlord shall reimburse Tenant upon demand for the reasonable costs incurred by Tenant for such work. If such costs are not paid within ten (10) days after demand, such costs shall be credited to and deducted from Tenant's next monthly installments of Rent, payable hereunder. Evidence of when the Option Space or the Expansion Space Premises have been substantially completed shall be a certificate to that effect by both Landlord's architect and Tenant's architect. Upon completion of the work, Landlord shall file a Notice of Completion and provide Tenant with a lien indemnification to insure the removal of all mechanic's liens and verification that all vendors have been fully paid and all lien rights expunged.