Common use of Walk-Through; Punchlist Clause in Contracts

Walk-Through; Punchlist. When Tenant considers the Work in the Premises to be Substantially Completed, Tenant will notify Landlord and within three (3) Business Days thereafter, Landlord’s representative and Tenant’s representative shall conduct a walk-through of the Premises and identify any necessary touch-up work, repairs and minor completion items that are necessary for final completion of the Work. Neither Landlord’s representative nor Tenant’s representative shall unreasonably withhold his or her agreement on punchlist items. Tenant shall cause the contractor performing the Work to complete all punchlist items within thirty (30) days after agreement thereon. Upon Landlord’s request, Tenant shall provide to Landlord evidence of completion of all punchlist items. As used herein “Substantial Completion,” “Substantially Completed,” and any derivations thereof mean the Work in the Premises has been performed in substantial accordance with the Working Drawings, as reasonably determined by Landlord (other than any details of construction, mechanical adjustment or other similar matter, the noncompletion of which does not materially interfere with Tenant’s use or occupancy of the Premises).

Appears in 2 contracts

Samples: Office Lease Agreement (Dermavant Sciences LTD), Office Lease Agreement (Dermavant Sciences LTD)

AutoNDA by SimpleDocs

Walk-Through; Punchlist. When Tenant Landlord’s contractor reasonably considers the Work in the Expansion Premises to be Substantially Completed, Tenant Landlord will notify Landlord Tenant and within three (3) Business Days business days thereafter, Landlord’s representative and Tenant’s representative shall conduct a walk-through of the Expansion Premises and identify any necessary touch-up work, repairs and minor completion items that are necessary for final completion of the Work. Neither Landlord’s representative nor Tenant’s representative shall unreasonably withhold his or her agreement on punchlist punch-list items. The punch-list items shall be conclusively deemed approved by Tenant and Landlord shall have no further obligations to complete the punch-list items if Tenant is unavailable to conduct a walk-through of me Expansion Premises within ten (10) business days of (i) Landlord’s notification of Substantial Completion of the Work, and/or (ii) Landlord’s notification of completion of the punch-list items after Tenant’s initial walk-through. Landlord shall use reasonable efforts to cause the contractor performing the Work to complete all punchlist punch-list items within thirty (30) days after agreement thereon. Upon Landlord’s request; however, Tenant Landlord shall provide not be obligated to Landlord evidence of completion of all punchlist engage overtime labor in order to complete such items. As used herein “Substantial Completion,” “Substantially Completed,” and any derivations thereof mean the Work in the Premises has been performed in substantial accordance with the Working Drawings, as reasonably determined by Landlord (other than any details of construction, mechanical adjustment or other similar matter, the noncompletion of which does not materially interfere with Tenant’s use or occupancy of the Premises).

Appears in 2 contracts

Samples: Eighth Amendment to Lease (Rocket Companies, Inc.), Eighth Amendment to Lease (Rocket Companies, Inc.)

AutoNDA by SimpleDocs

Walk-Through; Punchlist. When Tenant considers the Work in the Premises to be Substantially Completedwork is substantially complete, Tenant Landlord will notify Landlord Tenant and within three (3) Business Days thereafter, Landlord’s representative and Tenant’s representative shall conduct a walk-through of the Premises and identify any necessary touch-up work, minor repairs and or minor completion items that are necessary for final completion of the Work. Neither Landlord’s representative nor Tenant’s representative shall unreasonably withhold his or her agreement on punchlist items. Tenant Landlord shall use reasonable efforts to cause the contractor performing the Work to complete all punchlist items within thirty fifteen (3015) days Business Days after agreement thereon. Upon Landlord’s request; however, Tenant Landlord shall provide not be obligated to Landlord evidence of completion of all punchlist engage overtime labor in order to complete such items. As used herein “Substantial Completion,substantially complete“Substantially Completed,” and any derivations thereof mean means that the Work in the Premises has been performed in substantial accordance with the Working DrawingsPlan and Scope of Work, as reasonably determined by Landlord (other than any details of construction, mechanical adjustment or other similar matter, the noncompletion of which does not materially interfere with Tenant’s use or occupancy of the Premises)) and a certificate of occupancy or similar document allowing legal occupancy of the Premises shall have been obtained.

Appears in 1 contract

Samples: Office Lease Agreement (ARCA Biopharma, Inc.)

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