Common use of Substantial Completion Date Clause in Contracts

Substantial Completion Date. “Substantial Completion” of Landlord’s Work shall occur upon the later to occur of (a) substantial completion of construction/installation of Landlord’s Work pursuant to the Construction Documents as certified by the Contractor, with the exception of Punch List items; and (b) issuance of a temporary or permanent certificate of occupancy, final inspection sign-off, or other approval of the Town of Xxxxxxx allowing legal occupancy of the Building. It is mutually agreed that if the Punch List or any revised Punch List consists only of items which would not materially impair Tenant’s use or occupancy of the Premises, then, in such event, Tenant will acknowledge in writing that Landlord’s Work is complete and accept possession of the Premises (“Substantial Completion Date” or “Date of Substantial Completion”); provided, however, that such acknowledgment of acceptance shall not relieve Landlord of its obligations to promptly complete all such Punch List items. Notwithstanding the foregoing, in no event shall Landlord be obligated to repair latent defects, not originally listed on the Punch List, beyond a period of one (1) year after the Substantial Completion Date (“Landlord’s Latent Defect Repair Period”), and upon the expiration of Landlord’s Latent Defect Repair Period, Landlord shall, to the extent assignable and upon written request of Tenant, assign to Tenant any surviving warranties relating to Landlord’s Work. Promptly after the Substantial Completion Date, the parties will execute an instrument in the form attached hereto as Exhibit D, confirming the Substantial Completion Date, the Commencement Date and the Expiration Date. If Landlord’s Work is not substantially complete due to any special equipment, fixtures or materials, changes, alterations or additions requested by Tenant or the delay or failure of Tenant in supplying information or approving or authorizing any applicable plans, specifications, estimates or other matters, or any other act or omission of Tenant, then there shall be a Tenant Delay. In the event the Substantial Completion Date is delayed due to one or more Tenant Delays, then the Substantial Completion Date shall be modified to be the earlier of the Substantial Completion Date or the date Landlord’s Work would have been complete but for any Tenant Delays.

Appears in 2 contracts

Samples: Industrial Lease Agreement (Li-Cycle Holdings Corp.), Industrial Lease Agreement (Li-Cycle Holdings Corp.)

AutoNDA by SimpleDocs

Substantial Completion Date. The date of Substantial Completion” of Landlord’s Completion shall be the date (which shall not be later than June 15, 2008) the LESSOR has completed the LESSOR’S Work shall occur upon the later to occur of (a) substantial completion of construction/installation of Landlord’s Work and painting pursuant to Section 3(i) above (other than minor punch list items) and has received all the Construction Documents as certified by approvals necessary for LESSEE to use and occupy the Contractor, with the exception of Punch List items; and (b) issuance Expansion Premises for LESSEE’S intended use. If actual receipt of a temporary or permanent use and occupancy certificate is not necessary for LESSEE to use and occupy the Expansion Premises after LESSOR’S Work is complete, LESSOR agrees to use commercially reasonable efforts to obtain a certificate of occupancy, final inspection sign-off, or other approval occupancy as soon as reasonably possible thereafter. LESSOR and LESSEE shall use good faith efforts to mutually agree upon a list of minor punch list items that remain to be completed as part of the Town of Xxxxxxx allowing legal occupancy of LESSOR’S Work after the Building. It is mutually agreed that if the Punch List or any revised Punch List consists only of items which would not materially impair Tenant’s use or occupancy of the Premises, then, in such event, Tenant will acknowledge in writing that Landlord’s Work is complete and accept possession of the Premises (“Substantial Completion Date” or “Date date of Substantial Completion”); provided. LESSOR shall complete with LESSEE’S reasonable cooperation, however, that the agreed upon minor punch list items within thirty (30) days from the date of Substantial Completion or such acknowledgment of acceptance shall not relieve Landlord of its obligations reasonable time thereafter as is necessary to promptly complete all such Punch List said punch list items. Notwithstanding the foregoingabove, in no event LESSEE shall Landlord be obligated responsible for any delays to repair latent defects, not originally listed on the Punch List, beyond a period of one (1) year after the Substantial Completion Date (“Landlord’s Latent Defect Repair Period”), and upon the expiration of Landlord’s Latent Defect Repair Period, Landlord shall, date which is caused by LESSEE’S failure to the extent assignable and upon written request of Tenant, assign to Tenant any surviving warranties relating to Landlord’s Workmake LESSOR’S Work decisions in a reasonably timely manner. Promptly after the Substantial Completion Date, the parties will execute an instrument in the form attached hereto as Exhibit D, confirming the Substantial Completion Date, the Commencement Date and the Expiration Date. If Landlord’s Work is not substantially complete due to any special equipment, fixtures or materials, changes, alterations or additions requested by Tenant or the delay or failure of Tenant in supplying information or approving or authorizing any applicable plans, specifications, estimates or other matters, or any other act or omission of Tenant, then there LESSEE shall be a Tenant Delay. In the event the Substantial Completion Date is delayed due to one solely responsible for all costs, expenses and delays resulting from requests by LESSEE for work, quantities or more Tenant Delays, then the Substantial Completion Date shall be modified to be the earlier materials in excess of the Substantial Completion Date or the date Landlord’s Work would have been complete but for any Tenant DelaysImprovement Allowance.

Appears in 1 contract

Samples: Commercial Lease (Synta Pharmaceuticals Corp)

Substantial Completion Date. “Substantial Completion” Subject to the provisions of Section 26.J. and Exhibit B hereof, Landlord agrees that it will substantially complete Landlord’s Work shall occur upon as defined in Exhibit B hereof on or before the later to occur date which is ninety (90) days from the date of (a) substantial completion mutual execution and delivery of construction/installation of Landlord’s Work pursuant to the Construction Documents as certified by the Contractor, with the exception of Punch List items; and (b) issuance of a temporary or permanent certificate of occupancy, final inspection sign-off, or other approval of the Town of Xxxxxxx allowing legal occupancy of the Building. It is mutually agreed that if the Punch List or any revised Punch List consists only of items which would not materially impair Tenant’s use or occupancy of the Premises, then, in such event, Tenant will acknowledge in writing that Landlord’s Work is complete and accept possession of the Premises this Lease (“Substantial Completion Date”). “Substantially Completeor and Date of Substantial Completion”); provided, however, that such acknowledgment of acceptance ” have the meaning set forth in Exhibit B. The Substantial Completion Date shall not relieve Landlord of its obligations to promptly complete all such Punch List items. Notwithstanding the foregoing, in no event shall Landlord be obligated to repair latent defects, not originally listed on the Punch List, beyond deemed automatically extended by a period equivalent to any additional time required therefor caused by Tenant’s (i) changes in the Workletter, (ii) failure to specify finishes within the time set forth in Exhibit B, or (iii) interference with Landlord’s timely performance of one Landlord’s Work. The foregoing are hereinafter referred to as “Tenant Delays”. In the case of a Change Order (1) year after as defined in Exhibit B), the parties shall evidence any delay in the Substantial Completion Date (“Landlord’s Latent Defect Repair Period”)at the time of entering into the signed Change Orders described in this Section 5, and upon which Change Orders shall contain the expiration of Landlord’s Latent Defect Repair Period, Landlord shall, to the extent assignable and upon written request of Tenant, assign to Tenant any surviving warranties relating to Landlord’s Work. Promptly after the new estimated Substantial Completion Date. With respect to Tenant’s failure to timely select finishes, the parties will execute an instrument in the form attached hereto as Exhibit D, confirming the Substantial Completion Date, the Commencement Date and the Expiration Date. If Landlord’s Work is not substantially complete due to any special equipment, fixtures or materials, changes, alterations or additions requested by Tenant or the delay or failure extension of Tenant in supplying information or approving or authorizing any applicable plans, specifications, estimates or other matters, or any other act or omission of Tenant, then there shall be a Tenant Delay. In the event the Substantial Completion Date is delayed due to one or more Tenant Delays, then the Substantial Completion Date shall be modified to be automatic and proportionate, based upon the earlier number of days in excess of three (3) business days from request for either approval or selection of finish items until Landlord’s receipt of written confirmation of the Substantial Completion Date or same. Any claim of interference with the date performance of Landlord’s Work would have been complete but for any Tenant Delaysshall be made in writing. Landlord’s Work shall comply with applicable codes including, without limitation, the Americans with Disabilities Act, to the extent the same relate hereto.

Appears in 1 contract

Samples: Lease (Alliance Data Systems Corp)

Substantial Completion Date. StadCo shall act in accordance with the Project Administration Standard to seek to cause Substantial Completion” of Landlord’s Work shall occur upon the later Completion to occur of on or before March 1, 2017, as extended for GWCCA Caused Delay or Force Majeure (a) substantial completion of construction/installation of Landlord’s Work pursuant to such date as so extended, the Construction Documents as certified by the Contractor, with the exception of Punch List items; and (b) issuance of a temporary or permanent certificate of occupancy, final inspection sign-off, or other approval of the Town of Xxxxxxx allowing legal occupancy of the Building. It is mutually agreed that if the Punch List or any revised Punch List consists only of items which would not materially impair Tenant’s use or occupancy of the Premises, then, in such event, Tenant will acknowledge in writing that Landlord’s Work is complete and accept possession of the Premises (“Substantial Completion Date”) and deliver or “Date cause to be delivered to the GWCCA the Certificate of Substantial Completion”); provided, howeverwhich has been executed by the Lead Architect, certifying that Substantial Completion has been achieved, along with such acknowledgment documentation as is necessary (or as the GWCCA may reasonably require) to substantiate same and the date of acceptance shall not relieve Landlord of its obligations Substantial Completion. If, at any time after September 1, 2016, XxxxXx proposes to promptly complete all such Punch List items. Notwithstanding (i) make any change to the foregoingMaster Project Schedule, (ii) make any change to the NSP Budget or (iii) approve any Change Order, and, in no event shall Landlord be obligated to repair latent defects, not originally listed on the Punch List, beyond a period case of one (1) year after the Substantial Completion Date (“Landlord’s Latent Defect Repair Period”i), and upon the expiration of Landlord’s Latent Defect Repair Period(ii) or (iii), Landlord shall, to the extent assignable and upon written request of Tenant, assign to Tenant any surviving warranties relating to Landlord’s Work. Promptly after such change or approval will result in a material change in the Substantial Completion Date, then prior to making any such change or granting such approval, StadCo will obtain the parties will execute an instrument written approval of the GWCCA. Notwithstanding anything to the contrary contained in this Project Development Agreement or any other Project Document, in the form attached hereto event Substantial Completion does not occur on or before June 30, 2019, as Exhibit Dextended by GWCCA Caused Delay or Force Majeure, confirming the GWCCA shall have the option to terminate this Project Development Agreement and the other Project Documents by delivery of written notice thereof to StadCo within thirty (30) days after June 30, 2019, as so extended. Upon any such termination by the GWCCA, the Parties shall have no further rights, obligations or liabilities under this Project Development Agreement or the other Project Documents (except as otherwise set out in this Project Development Agreement or any of the other Project Documents). At the request of XxxxXx, if the GWCCA agrees that Substantial Completion has been achieved, the GWCCA will deliver to StadCo written evidence of the GWCCA’s concurrence that Substantial Completion has been achieved. XxxxXx agrees to give prompt written notice to the GWCCA of any claim of GWCCA Caused Delay or Force Majeure and the reasons for such claim within thirty (30) days after the event giving rise to such claim and the reason for such claim. Except to the extent StadCo fails to act in accordance with the Project Administration Standard, the GWCCA shall not have any remedy or claim against StadCo for the failure to achieve Substantial Completion by the Substantial Completion Date, the Commencement Date and the Expiration Date. If Landlord’s Work is not substantially complete due to any special equipment, fixtures or materials, changes, alterations or additions requested by Tenant or the delay or failure of Tenant in supplying information or approving or authorizing any applicable plans, specifications, estimates or other matters, or any other act or omission of Tenant, then there shall be a Tenant Delay. In the event the Substantial Completion Date is delayed due to one or more Tenant Delays, then the Substantial Completion Date shall be modified to be the earlier of the Substantial Completion Date or the date Landlord’s Work would have been complete but for any Tenant Delays.

Appears in 1 contract

Samples: Project Development Agreement

Substantial Completion Date. “Substantial Completion” of Landlord’s Work shall occur upon Notwithstanding any provision in the later to occur of (a) substantial completion of construction/installation of Landlord’s Work pursuant GMP Supporting Documents to the contrary, the required date for Substantial Completion shall [NOTE-SELECT ONE: remain that stated in the Contract/ Insert if different Substantial Completion Date has been agreed: , 20 .] THIS CONTRACT is executed in two original copies of which one is to be delivered to the CM/GC, and the remainder to Owner. CM/GC: Name of Firm: Address: CM/GC's Federal I.D. #: Construction Documents as certified by Contractor's Board Registration No.: Xxxxxx Xxxxxxx Signature of Authorized Representative of CM/GC Title Date OWNER: LEBANON FIRE DISTRICT Signature of Owner’s Authorized Representative Title Date Attachment A Plans, Specifications, Supplementary Conditions of the Contract, on which the Guaranteed Maximum Price is based, pages through dated . Attachment B Allowance items, pages through dated . Attachment C Assumptions and clarifications made in preparing the Guaranteed Maximum Price, pages through , dated . Attachment D Completion schedule, pages through , dated . Attachment E Alternate prices, pages _ through , dated . Attachment F Unit prices, pages through , dated . EXHIBIT C PAYMENT BOND‌ Any singular reference to Contractor, with the exception of Punch List items; and (b) issuance of a temporary or permanent certificate of occupancySurety, final inspection sign-offOwner, or other approval party shall be considered plural where applicable. CONTRACTOR (Name and Address): SURETY (Name and Address of the Town Principal Place of Xxxxxxx allowing legal occupancy of the Building. It is mutually agreed that if the Punch List or any revised Punch List consists only of items which would not materially impair Tenant’s use or occupancy of the Premises, then, in such event, Tenant will acknowledge in writing that Landlord’s Work is complete and accept possession of the Premises (“Substantial Completion Date” or “Business): CONTRACT Effective Date of Substantial Completion”); provided, however, that such acknowledgment of acceptance shall not relieve Landlord of its obligations to promptly complete all such Punch List items. Notwithstanding the foregoing, in no event shall Landlord be obligated to repair latent defects, not originally listed on the Punch List, beyond a period of one Agreement: Amount: Description (1) year after the Substantial Completion Name and Location): BOND Bond Number: Date (“Landlord’s Latent Defect Repair Period”)Not earlier than Effective Date of Agreement): Amount: Modifications to this Bond Form: Surety and Contractor, and upon the expiration of Landlord’s Latent Defect Repair Periodintending to be legally bound hereby, Landlord shall, subject to the extent assignable and upon written request of Tenantterms set forth below, assign do each cause this Payment Bond to Tenant any surviving warranties relating to Landlord’s Work. Promptly after the Substantial Completion Datebe duly executed by an authorized officer, the parties will execute an instrument in the form attached hereto as Exhibit D, confirming the Substantial Completion Date, the Commencement Date and the Expiration Date. If Landlord’s Work is not substantially complete due to any special equipment, fixtures or materials, changes, alterations or additions requested by Tenant or the delay or failure of Tenant in supplying information or approving or authorizing any applicable plans, specifications, estimates or other mattersagent, or any other act or omission representative. CONTRACTOR AS PRINCIPAL SURETY (Seal) (Seal) Contractor’s Name and Corporate Seal Surety’s Name and Corporate Seal By: By: Signature Signature (Attach Power of Tenant, then there shall be a Tenant Delay. In the event the Substantial Completion Date is delayed due to one or more Tenant Delays, then the Substantial Completion Date shall be modified to be the earlier of the Substantial Completion Date or the date Landlord’s Work would have been complete but for any Tenant Delays.Attorney) Print Name: Title: Print Name: Title: ATTEST: ATTEST: Signature Signature Title Title

Appears in 1 contract

Samples: www.lebanonfire.org

Substantial Completion Date. “Substantial Completion” of Landlord’s Work Lessee shall occur upon the later to occur of (a) substantial completion of construction/installation of Landlord’s Work pursuant to the Construction Documents as certified by the Contractor, with the exception of Punch List items; and (b) issuance of a temporary or permanent certificate of occupancy, final inspection sign-off, or other approval of the Town of Xxxxxxx allowing legal occupancy of the Building. It is mutually agreed that if the Punch List or any revised Punch List consists only of items which would not materially impair Tenant’s use or occupancy of the Premises, then, in such event, Tenant will acknowledge in writing that Landlord’s Work is complete and accept possession of the Premises (premises from lessor upon the Substantial Completion Date, subject to completion of punch list items as provided in this Section. The term “Substantial Completion Date” or “Date of Substantial Completion”); provided, however, means the date when Lessor notifies Lessee in writing that such acknowledgment of acceptance shall not relieve Landlord of its obligations to promptly complete all such Punch List items. Notwithstanding (i) Lessor's Work has been substantially completed in accordance with the foregoing, in no event shall Landlord be obligated to repair latent defects, not originally listed on the Punch List, beyond a period of one (1) year after the Substantial Completion Date (“Landlord’s Latent Defect Repair Period”)Final Plans, and upon (ii) a temporary certificate of occupancy has been issued by the expiration governmental entity having jurisdiction over the Premises which allow Lessee to possess and use the Premises for the intended purposes, including, without limitation, full occupancy of Landlord’s Latent Defect Repair Periodthe Premises by staff and students. Prior to acceptance of the Premises, Landlord shallLessee and Lessor shall conduct a walk-through and identify punch list items of unfinished work and defects to be completed or corrected by Lessor, and Lessor shall make commercially reasonable efforts to the extent assignable and upon written request of Tenant, assign to Tenant any surviving warranties relating to Landlord’s Work. Promptly complete such items within 45 days after the Substantial Completion Date. Lessee shall have a period of fifteen (15) days following the Substantial Completion Date to add to the punch list. Lessor shall promptly cause all punch list items to be completed or corrected. However, completion of all punch list items is not a condition precedent to the parties Substantial Completion Date and will execute an instrument in the form attached hereto as Exhibit D, confirming not delay the Substantial Completion Date. Upon the completion of the punch-list items by Lessor to the reasonable satisfaction of Lessee, the Commencement Date and the Expiration Date. If Landlord’s Work is not substantially complete due to any special equipment, fixtures or materials, changes, alterations or additions requested by Tenant or the delay or failure of Tenant in supplying information or approving or authorizing any applicable plans, specifications, estimates or other matters, or any other act or omission of Tenant, then there Lessee shall be a Tenant Delaydeemed to have accepted the Premises in good and satisfactory condition. In the event the The Substantial Completion Date is delayed due estimated to one be June 1, 2023. On or more Tenant Delaysbefore the Rent Commencement Date, then Lessor shall deliver notice to Lessee of the Substantial Completion Date actual costs incurred by Lessor in completing the Lessor’s Work, including the actual amount of all costs and expenses specified and actually incurred under the Budgeted Final Costs, and shall provide Lessee with Lessor’s calculation of such costs (the “Final Costs”) which shall be modified subject to be adjustment as provided in the earlier of the Substantial Completion Date or the date Landlord’s Work would have been complete but for any Tenant DelaysLease.

Appears in 1 contract

Samples: Charter School Lease

AutoNDA by SimpleDocs

Substantial Completion Date. “Substantial Completion” of Landlord’s Work shall occur upon the later to occur of (a) substantial completion of construction/installation of Landlord’s Work pursuant to the Construction Documents as certified by the Contractor, with the exception of Punch List items; and (b) issuance of a temporary or permanent certificate of occupancy, final inspection sign-off, or other approval of the Town of Xxxxxxx allowing legal occupancy of the Building. It is mutually agreed that if the Punch List or any revised Punch List consists only of items which would not materially impair Tenant’s use or occupancy of the Premises, then, in such event, Tenant will acknowledge in writing that Landlord’s Work is complete and accept possession of the Premises (The “Substantial Completion Date” or (for purposes of Section 3.01(b) of the Lease) shall mean the date on which the Landlord has Date of Substantial Completion”); provided, however, that such acknowledgment of acceptance shall not relieve Landlord of its obligations to promptly complete all such Punch List items. Notwithstanding substantially completed” the foregoing, in no event shall Landlord be obligated to repair latent defects, not originally listed on the Punch List, beyond a period of one (1) year after the Substantial Completion Date (“Landlord’s Latent Defect Repair Period”), and upon the expiration of Landlord’s Latent Defect Repair Period, Landlord shall, to the extent assignable and upon written request of Tenant, assign to Initial Tenant any surviving warranties relating to Landlord’s Work. Promptly after the Substantial Completion Date, the parties will execute an instrument in the form attached hereto as Exhibit D, confirming the Substantial Completion Date, the Commencement Date and the Expiration Date. If Landlord’s Work is not Landlord shall use reasonable efforts to substantially complete due to any special equipmentthe Initial Tenant Work on or before January 10, fixtures or materials, changes, alterations or additions requested by Tenant or the delay or failure of Tenant in supplying information or approving or authorizing any applicable plans, specifications, estimates or other matters, or any other act or omission of Tenant, then there shall be a Tenant Delay2018. In the event that the Substantial Completion Date is delayed beyond January 15, 2018 (other than due to one or more a Tenant DelaysDelay, as defined below), then the “Rent Commencement Date” set forth in Section 1.04 of the Lease shall be delayed by one day for each day of such delay by Landlord in achieving the Substantial Completion Date after January 15, 2018. For purposes hereof, “substantially complete” and “substantial completion” shall mean that (i) the Initial Tenant Work by Landlord under this Paragraph C.2 has been completed, other than minor punchlist-type items the completion of which will not unreasonably delay or interfere with Tenant’s occupancy of the Premises for the regular conduct of business (“Punch-List Items”), (ii) a temporary certificate of occupancy (as evidenced by obtaining all governmental sign-offs on the building permit for the Initial Tenant Work sufficient to permit occupancy of the Premises) or a permanent certificate of occupancy shall have been obtained for the Premises (which temporary or permanent certificate of occupancy shall not have any conditions that would restrict or prohibit the use of the Premises for the Permitted Uses), (iii) the HVAC and other mechanical, electrical, plumbing, and life safety systems serving the Premises are in good working order (subject to any Punch-List Items), and (iv) the Premises are free of Landlord’s construction-related materials, debris, and trash (other than due to Tenant’s entry under Paragraph C.3 below). The foregoing provisions shall be modified self-operative, but in confirmation thereof at Landlord’s request Tenant shall execute and deliver an instrument confirming the date on which substantial completion of such work occurred, provided that any failure by Tenant to be execute and return such confirmatory instrument (or to provide written objection identifying the earlier elements of the Substantial Completion Date or work that Tenant claims must be completed in order to achieve substantial completion of such work) within three (3) Business Days after its delivery to Tenant shall be deemed Tenant’s acknowledgement that the applicable work was substantially complete on the date Landlord’s Work would have been complete but for any Tenant Delaysset forth in such instrument.

Appears in 1 contract

Samples: Office Lease Agreement (resTORbio, Inc.)

Substantial Completion Date. “Substantial Completion” of Landlord’s Work shall occur upon Notwithstanding any provision in the later to occur of (a) substantial completion of construction/installation of Landlord’s Work pursuant GMP Supporting Documents to the contrary, the required date for Substantial Completion shall [NOTE-SELECT ONE: remain that stated in the Contract/ Insert if different Substantial Completion Date has been agreed: , 20 .] THIS CONTRACT is executed in two original copies of which one is to be delivered to the CM/GC, and the remainder to Owner. CM/GC: Name of Firm: Address: CM/GC's Federal I.D. #: Construction Documents as certified by Contractor's Board Registration No.: Signature of Authorized Representative of CM/GC Title Date OWNER: DESCHUTES PUBLIC LIBRARY DISTRICT Signature of Owner’s Authorized Representative Title Date Attachment A Plans, Specifications, Supplementary Conditions of the Contract, on which the Guaranteed Maximum Price is based, pages through dated . Attachment B Allowance items, pages through dated . Attachment C Assumptions and clarifications made in preparing the Guaranteed Maximum Price, pages through , dated . Attachment D Completion schedule, pages through , dated . Attachment E Alternate prices, pages _ through , dated . Attachment F Unit prices, pages through , dated . EXHIBIT C PAYMENT BOND Any singular reference to Contractor, with the exception of Punch List items; and (b) issuance of a temporary or permanent certificate of occupancySurety, final inspection sign-offOwner, or other approval party shall be considered plural where applicable. CONTRACTOR (Name and Address): SURETY (Name and Address of the Town Principal Place of Xxxxxxx allowing legal occupancy of the Building. It is mutually agreed that if the Punch List or any revised Punch List consists only of items which would not materially impair Tenant’s use or occupancy of the Premises, then, in such event, Tenant will acknowledge in writing that Landlord’s Work is complete and accept possession of the Premises (“Substantial Completion Date” or “Business): CONTRACT Effective Date of Substantial Completion”); provided, however, that such acknowledgment of acceptance shall not relieve Landlord of its obligations to promptly complete all such Punch List items. Notwithstanding the foregoing, in no event shall Landlord be obligated to repair latent defects, not originally listed on the Punch List, beyond a period of one Agreement: Amount: Description (1) year after the Substantial Completion Name and Location): BOND Bond Number: Date (“Landlord’s Latent Defect Repair Period”)Not earlier than Effective Date of Agreement): Amount: Modifications to this Bond Form: Surety and Contractor, and upon the expiration of Landlord’s Latent Defect Repair Periodintending to be legally bound hereby, Landlord shall, subject to the extent assignable and upon written request of Tenantterms set forth below, assign do each cause this Payment Bond to Tenant any surviving warranties relating to Landlord’s Work. Promptly after the Substantial Completion Datebe duly executed by an authorized officer, the parties will execute an instrument in the form attached hereto as Exhibit D, confirming the Substantial Completion Date, the Commencement Date and the Expiration Date. If Landlord’s Work is not substantially complete due to any special equipment, fixtures or materials, changes, alterations or additions requested by Tenant or the delay or failure of Tenant in supplying information or approving or authorizing any applicable plans, specifications, estimates or other mattersagent, or any other act or omission representative. CONTRACTOR AS PRINCIPAL SURETY (Seal) (Seal) Contractor’s Name and Corporate Seal Surety’s Name and Corporate Seal By: By: Signature Signature (Attach Power of Tenant, then there shall be a Tenant Delay. In the event the Substantial Completion Date is delayed due to one or more Tenant Delays, then the Substantial Completion Date shall be modified to be the earlier of the Substantial Completion Date or the date Landlord’s Work would have been complete but for any Tenant Delays.Attorney) Print Name: Title: Print Name: Title: ATTEST: ATTEST: Signature Signature Title Title

Appears in 1 contract

Samples: www.deschuteslibrary.org

Substantial Completion Date. “Substantial Completion” of Landlord’s Work shall occur upon Notwithstanding any provision in the later to occur of (a) substantial completion of construction/installation of Landlord’s Work pursuant GMP Supporting Documents to the contrary, the required date for Substantial Completion shall [NOTE-SELECT ONE: remain that stated in the Contract/ Insert if different Substantial Completion Date has been agreed: , 20 .] THIS CONTRACT is executed in two original copies of which one is to be delivered to the CM/GC, and the remainder to Owner. CM/GC: Name of Firm: Address: CM/GC's Federal I.D. #: Construction Documents as certified by Contractor's Board Registration No.: Signature of Authorized Representative of CM/GC Title Date OWNER: WEST SIDE RURAL FIRE PROTECTION DISTRICT Signature of Owner’s Authorized Representative Title Date Attachment A Plans, Specifications, Supplementary Conditions of the Contract, on which the Guaranteed Maximum Price is based, pages through dated . Attachment B Allowance items, pages through dated . Attachment C Assumptions and clarifications made in preparing the Guaranteed Maximum Price, pages through , dated . Attachment D Completion schedule, pages through , dated . Attachment E Alternate prices, pages _ through , dated . Attachment F Unit prices, pages through , dated . EXHIBIT C PAYMENT BOND Any singular reference to Contractor, with the exception of Punch List items; and (b) issuance of a temporary or permanent certificate of occupancySurety, final inspection sign-offOwner, or other approval party shall be considered plural where applicable. CONTRACTOR (Name and Address): SURETY (Name and Address of the Town Principal Place of Xxxxxxx allowing legal occupancy of the Building. It is mutually agreed that if the Punch List or any revised Punch List consists only of items which would not materially impair Tenant’s use or occupancy of the Premises, then, in such event, Tenant will acknowledge in writing that Landlord’s Work is complete and accept possession of the Premises (“Substantial Completion Date” or “Business): CONTRACT Effective Date of Substantial Completion”); provided, however, that such acknowledgment of acceptance shall not relieve Landlord of its obligations to promptly complete all such Punch List items. Notwithstanding the foregoing, in no event shall Landlord be obligated to repair latent defects, not originally listed on the Punch List, beyond a period of one Agreement: Amount: Description (1) year after the Substantial Completion Name and Location): BOND Bond Number: Date (“Landlord’s Latent Defect Repair Period”)Not earlier than Effective Date of Agreement): Amount: Modifications to this Bond Form: Surety and Contractor, and upon the expiration of Landlord’s Latent Defect Repair Periodintending to be legally bound hereby, Landlord shall, subject to the extent assignable and upon written request of Tenantterms set forth below, assign do each cause this Payment Bond to Tenant any surviving warranties relating to Landlord’s Work. Promptly after the Substantial Completion Datebe duly executed by an authorized officer, the parties will execute an instrument in the form attached hereto as Exhibit D, confirming the Substantial Completion Date, the Commencement Date and the Expiration Date. If Landlord’s Work is not substantially complete due to any special equipment, fixtures or materials, changes, alterations or additions requested by Tenant or the delay or failure of Tenant in supplying information or approving or authorizing any applicable plans, specifications, estimates or other mattersagent, or any other act or omission representative. CONTRACTOR AS PRINCIPAL SURETY (Seal) (Seal) Contractor’s Name and Corporate Seal Surety’s Name and Corporate Seal By: By: Signature Signature (Attach Power of Tenant, then there shall be a Tenant Delay. In the event the Substantial Completion Date is delayed due to one or more Tenant Delays, then the Substantial Completion Date shall be modified to be the earlier of the Substantial Completion Date or the date Landlord’s Work would have been complete but for any Tenant Delays.Attorney) Print Name: Title: Print Name: Title: ATTEST: ATTEST: Signature Signature Title Title

Appears in 1 contract

Samples: www.westsidefire.com

Time is Money Join Law Insider Premium to draft better contracts faster.