Substantial Completion; Target Completion Date Sample Clauses

Substantial Completion; Target Completion Date. Except as provided in this Section 11, the Commencement Date shall be as set forth in Section 2.01 of the Lease and Paragraph 1 of the Addendum. For purposes of the Lease, “Substantial Completion” of the Property shall occur upon the completion of the Tenant Improvements in accordance with the Final Tenant Plans (as the same may be modified pursuant to Section 6(e), the completion of the Landlord Work and the issuance by the City of Broomfield of a certificate of completion, Certificate of Occupancy or temporary certificate of occupancy (or its equivalent) for the Landlord Work and the Tenant Work and permitting occupancy of the Property and commencement of business operations therein by Tenant, with the exception of any Punch List Items (as defined in Section 13 below) which do not materially impair the usability of the Property by Tenant, provided, however, if Landlord delivers a temporary Certificate of Occupancy or its equivalent, Substantial Completion shall not have occurred if Tenant is not reasonably satisfied that the permanent Certificate of Occupancy or its equivalent will be issued in due course. Landlord shall attempt to provide Tenant with a Certificate of Occupancy on the anticipated Commencement Date. Landlord shall, at its sole cost and expense, be responsible for the following: (1) the development and completion of all architectural, engineering, and related documents and plans necessary for the construction of the improvements on the Property; (2) the acquisition of all permits related to the construction of the Property excluding any costs associated with the installation of any Property signage; (3) preparation of all environmental studies required by law and necessary to ensure the Property is free from hazardous substances; and (4) the construction and delivery of the Property using the Tenant’s Construction Drawings, the Construction Contract, site plan, and final construction documents all of which shall be approved in writing by Landlord and Tenant within the agreed upon time period(s). Substantial Completion of the Property means that the Property has been completed pursuant to the Tenant’s Construction Drawings, compliance with applicable laws and subject to Punchlist Items.
AutoNDA by SimpleDocs
Substantial Completion; Target Completion Date. The Landlord shall provide the Premises Substantially Completed (as defined in Section 2.1 of the Lease) on or before May 1, 2008 (the “Target Completion Date”). If there is any delay in the Substantial Completion of the Tenant Improvements beyond the Target Completion Date and such delay results from a Tenant Delay or Force Majeure Delay, then the Commencement Date shall be adjusted by the number of days of delay caused by the delay(s). If there is any delay in the Substantial Completion of the Tenant Improvements beyond the Target Completion Date and such delay is not caused by a Tenant Delay or Force Majeure Delay then Landlord shall provide Tenant with three (3) days Base Rent abatement for each one (1) day of delay.

Related to Substantial Completion; Target Completion Date

  • Substantial Completion Date Substantial Completion of the Work as defined in Article 6.1.2 of the General Conditions to the Continuing Contract for Construction Management shall be achieved by July 31, 2022.

  • Project Completion Date It is agreed between the Parties that the Project Completion Date is <END DATE, YEAR>. If the Project is not completed by such date then, subject to an amendment agreed to between the Parties, Alberta Innovates may elect to terminate this Investment Agreement. In such event, Alberta Innovates will notify the Applicant of its decision to terminate as soon as reasonably practical and shall advise the Applicant of the effective date of termination. Alberta Innovates will have no liability or obligation to reimburse the Applicant for any Project Costs incurred after the effective date of termination and may require the Applicant to return any portions of the Investment which were spent on Ineligible Expenses. Additionally, any portion of the Investment not used and accounted for in accordance with this Agreement as of the Project Completion Date or earlier termination is repayable by the Applicant to AI at AI’s request.

  • Substantial Completion Section 7.4.1 When Supplier believes that it has achieved the requirements of Substantial Completion, Supplier shall provide written notice (the “Notice of Substantial Completion”) to System Owner stating that Supplier has achieved Substantial Completion, together with copies of all documents (as identified in the definition of Substantial Completion) that are required to be delivered to System Owner to meet Substantial Completion that have not been previously delivered. Section 7.4.2 Upon receipt of the Notice of Substantial Completion, System Owner shall promptly proceed to obtain Independent Engineer’s review and approval of the Notice of Substantial Completion and the Commissioning Report within a reasonable time, but in no event more than ten (10) Business Days following receipt of the Notice of Substantial Completion and all accompanying documents or such longer period of time as specified in the Construction Schedule (the “Substantial Completion Review Period”). Section 7.4.3 Supplier shall provide System Owner with reasonable notice of the date and time of the inspection or review of the System by a representative of the applicable Governmental Authority or Host Utility, if required, for purposes of achieving Substantial Completion, and System Owner shall have the right to have one or more representatives and the Independent Engineer present during such inspection or review. If the representative of the applicable Governmental Authority or Host Utility notifies Supplier or System Owner that the requirements for achieving Substantial Completion have not been achieved, then Supplier shall promptly take such action as necessary to achieve such requirements and, to the extent applicable, schedule another inspection or review of the System. Such procedure shall be repeated until such inspection or review has been satisfactorily completed and approved. Section 7.4.4 If System Owner and the Independent Engineer approve the Notice of Substantial Completion, System Owner shall, within the Substantial Completion Review Period, (a) notify Supplier of its approval and (b) issue written notice to Supplier to complete the Work (the “Notice to Complete”). Section 7.4.5 If System Owner or the Independent Engineer has a reasonable basis not to approve the Notice of Substantial Completion because the requirements for Substantial Completion have not been met, System Owner shall, within the Substantial Completion Review Period, notify Supplier of its non-approval and include a detailed explanation for the basis thereof. Supplier shall promptly undertake such action or work as necessary to achieve such requirements and shall then issue another Notice of Substantial Completion to System Owner stating that Supplier believes that such requirements have been achieved. Such procedure shall be repeated until Substantial Completion is achieved. If Supplier disputes the reasons stated in System Owner’s notification, then such dispute shall be resolved in accordance with Article XIX.

  • Final Completion Date Final Completion for the Work as defined in Article 6.1.3 of the General Conditions to the Continuing Contract for Construction Management shall be achieved by October 31, 2024.

  • Completion Date The Work under this Contract shall be completed by midnight of the date required in the Contract as the Material Completion and Occupancy Date unless extended by approved requests for extension of time.

  • Project Completion The Contractor agrees to schedule a final job walk with the County. If required, the County will prepare a list of incomplete items, the “Punch List”. The Contractor agrees to complete the “Punch List” corrections and schedule a final project completion job walk. The County will sign the “Punch List” as completed when determined, the project is finished. The Contractor agrees to submit the following along with its final payment request:

  • Project Completion Report At the completion of construction and once a Project is placed in service, the Subrecipient must submit a Project Completion Report that includes the total number of units built and leased, affordable units built and leased, DR-MHP units built and leased, an accomplishment narrative, and the tenants names, demographics and income for each DR-MHP unit.

  • Final Completion The full and final completion of all Work in accordance with the Contract Documents.

  • Upon Substantial Completion of the Work or designated portion thereof and upon application by the Contractor and certification by the Architect, the State shall make payment, reflecting adjustment in retainage, if any, for such Work or portion thereof, as provided in the Contract Documents.

  • DATE OF COMMENCEMENT AND SUBSTANTIAL COMPLETION § 3.1 The date of commencement of the Work shall be: § 3.2 The Contract Time shall be measured from the date of commencement of the Work.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!