Tenant Constructs Improvements Clause Samples

Tenant Constructs Improvements. This Subsection 2.03(b) shall form a part of this Lease only if Tenant is to construct the tenant improvements under the Work Letter. If so, the Occupancy Date shall be the date that is the earlier to occur of (i) the Rent Commencement Date, or (ii) the date Tenant, or anyone claiming under or through Tenant, first occupies any part of the Premises, with Landlord's consent, for the purpose of constructing the tenant improvements under the Work Letter, notwithstanding that minor incorrect or incomplete details of construction or mechanical adjustments, pertaining only to the Base Building Work (as defined in the Work Letter), which do not materially interfere with Tenant's performance of Tenant's Work (as defined in the Work Letter) remain to be performed (such details and adjustments are referred to as "Punch-List Items"). Tenant shall be deemed to have accepted the Premises and to have found them to be in satisfactory condition, except for any Punch-List Items, on the Occupancy Date. On or before the Occupancy Date, Tenant shall submit a punch list to Landlord, describing the Punch-List Items with reasonable specificity and detail, and Landlord shall provide Tenant with reasonable and timely access to the Premises to allow Tenant to so perform. Landlord shall correct all Punch-List Items on the punch list of which it is reasonable to require correction by Landlord and shall do so with reasonable diligence in a manner consistent with Tenant's construction of the tenant improvements under the Work Letter.