Substantial Completion; Punchlist Items Sample Clauses

Substantial Completion; Punchlist Items. “Substantially complete,” when referring to Landlord’s Work, shall mean that Tenant has received a certificate of substantial completion from Landlord’s architect stating that the applicable phase of Landlord’s Work (i.e, Phase I of Landlord’s Work or Phase II of Landlord’s Work) is substantially complete, the parties acknowledging that there shall be a separate determination of substantial completion for each of such phases and a separate Punchlist for each of such phases. With respect to Phase I of Landlord’s Work, “substantially complete” shall mean that Phase I of Landlord’s Work is completed, other than work on the Punchlist applicable thereto, and that Tenant can promptly commence Tenant’s Work and prosecute the same without unreasonable interference on account of the completion of the Punchlist Items for the Phase I of Landlord’s Work. With respect to all of Landlord’s Work, “substantially completed” shall mean that such work is completed, other than work on the Punchlists, and that no component of Landlord’s Work (whether Phase I or Phase II) and whether on the Punchlist or not, prevents the issuance of a certificate of occupancy for the Premises. Promptly following substantial completion of each phase of Landlord’s Work, Landlord shall provide Tenant with the applicable punchlist prepared by Landlord’s architect (the “Punchlist”) incorporating those items jointly identified by Landlord and Tenant during their joint inspection of Landlord’s Work, of outstanding items which (a) need to be performed to complete such phase of Landlord’s Work, (b) do not individually or in the aggregate prevent the prosecution of Tenant’s Work (with respect to the Phase I of Landlord’s Work), and do not individually or in the aggregate adversely affect the use and occupancy of the Premises for the normal conduct of the Permitted Uses or Tenant’s rights hereunder with respect to the Common Areas (with respect to the entire Landlord’s Work), all in a manner consistent with Punchlist items typically found in a first class office and laboratory facility (the “Punchlist Items”). Promptly after substantial completion of each phase of Landlord’s Work, Landlord and Tenant shall jointly inspect the Premises. Subject to Force Majeure and Tenant Delays, Landlord shall complete all Punchlist Items within thirty (30) days of the date of the applicable Punchlist (other than (A) seasonal items, such as landscaping, requiring a longer period, and (B) Punchlist Items relating to Phase ...