Common use of Punchlist Clause in Contracts

Punchlist. (a) Contemporaneous with its delivery to Buyer of a Mechanical Completion Certificate, Seller shall deliver to Buyer a list of all Post-Closing Project Assets reasonably expected to be assigned, transferred, or conveyed by Seller to Buyer after the Closing pursuant to Section 11.2, which list shall be organized by category (e.g., Transferred Post-Closing Project Contracts, Transferred Post-Closing Warranties, Transferred Post-Closing Inventory, etc.). (b) Contemporaneous with its delivery to Buyer of a Substantial Completion Certificate, Seller shall deliver to Buyer a proposed Punchlist, which shall include for each Punchlist Item listed therein a good faith estimate of the cost and time necessary for Seller to complete the Punchlist Item. Buyer shall approve or disapprove, in whole or in part, the Punchlist proposed by Seller within ten (10) Business Days after receipt thereof. If the proposed Punchlist is disapproved, in whole or in part, Buyer shall notify Seller of the reason(s) therefor, and Seller shall promptly modify the proposed Punchlist in accordance with Buyer’s reasonable requirements to establish the approved Punchlist prior to Substantial Completion of the Work. Seller shall complete all the Punchlist Items in the approved Punchlist in order to achieve Final Completion.

Punchlist. (a) Contemporaneous with its delivery to Buyer of a certificate under Section 7.3 that the Work has achieved Mechanical Completion CertificateCompletion, Seller shall deliver to Buyer a list of all Post-Closing Project Assets reasonably expected to be assigned, transferred, or conveyed by Seller to Buyer after the Closing pursuant to Section 11.2, which list shall be organized by category (e.g., Transferred Post-Closing Project Contracts, Transferred Post-Closing Warranties, Transferred Post-Closing Inventory, etc.). (b) Contemporaneous with its delivery to Buyer of a certificate under Section 7.4(b) that the Work has achieved Substantial Completion CertificateCompletion, Seller shall deliver to Buyer a proposed Punchlist, which shall include for each Punchlist Item listed therein a good faith estimate of the cost and time necessary for Seller to complete the Punchlist Item. Buyer shall approve or disapprove, in whole or in part, the Punchlist proposed by Seller within ten (10) Business Days after receipt thereof. If the proposed Punchlist is disapproved, in whole or in part, Buyer shall notify Seller of the reason(s) therefor, and Seller shall promptly modify the proposed Punchlist in accordance with Buyer’s reasonable requirements to establish the approved Punchlist prior to Substantial Completion of the Work. Seller shall complete all the Punchlist Items in the approved Punchlist in order to achieve Final Completion.

Punchlist. ‌ (a) Contemporaneous with its delivery to Buyer of a Mechanical Completion Certificate, Seller shall deliver to Buyer a list of all Post-Closing Project Assets reasonably expected to be assigned, transferred, or conveyed by Seller to Buyer after the Closing pursuant to Section 11.2, which list shall be organized by category (e.g., Transferred Post-Closing Project Contracts, Transferred Post-Closing Warranties, Transferred Post-Closing Inventory, etc.).etc.).‌ (b) Contemporaneous with its delivery to Buyer of a Substantial Completion Certificate, Seller shall deliver to Buyer a proposed Punchlist, which shall include for each Punchlist Item listed therein a good faith estimate of the cost and time necessary for Seller to complete the Punchlist Item. Buyer shall approve or disapprove, in whole or in part, the Punchlist proposed by Seller within ten (10) Business Days after receipt thereof. If the proposed Punchlist is disapproved, in whole or in part, Buyer shall notify Seller of the reason(s) therefor, and Seller shall promptly modify the proposed Punchlist in accordance with Buyer’s reasonable requirements to establish the approved Punchlist prior to Substantial Completion of the Work. Seller shall complete all the Punchlist Items in the approved Punchlist in order to achieve Final Completion.Completion.‌

Punchlist. (a) Contemporaneous with its delivery to Buyer of a certificate under Section 7.2 that the Work has achieved Mechanical Completion CertificateCompletion, Seller shall deliver to Buyer a list of all Post-Closing Project Assets reasonably expected to be assigned, transferred, or conveyed by Seller to Buyer after the Closing pursuant to Section 11.2, which list shall be organized by category (e.g., Transferred Post-Closing Project Contracts, Transferred Post-Post- Closing Warranties, Transferred Post-Closing Inventory, etc.). (b) Contemporaneous with its delivery to Buyer of a certificate under Section 7.3(a) that the Work has achieved Substantial Completion CertificateCompletion, Seller shall deliver to Buyer a proposed Punchlist, which shall include for each Punchlist Item listed therein a good faith estimate of the cost and time necessary for Seller to complete the Punchlist Item. Buyer shall approve or disapprove, in whole or in part, the Punchlist proposed by Seller within ten (10) Business Days after receipt thereof. If the proposed Punchlist is disapproved, in whole or in part, Buyer shall notify Seller of the reason(s) therefor, and Seller shall promptly modify the proposed Punchlist in accordance with Buyer’s reasonable requirements to establish the approved Punchlist prior to Substantial Completion of the Work. Seller shall complete all the Punchlist Items in the approved Punchlist in order to achieve Final Completion.