Completion of Construction definition

Completion of Construction means all the construction is complete except for minor weather-related components and conforms to the approved plans and specifications and change orders.

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Completion of Construction means the date, as determined by the Division after consultation with the Recipient, that the work of building and erection of the Project is substantially complete.

Completion of Construction means the date, as determined by the Division after consultation with the Recipient, that the work of building and erection of the Project is substantially complete, and is identified in Exhibit A of this Agreement.

Examples of Completion of Construction in a sentence

The Redeveloper understands that absent extraordinary and unforeseeable circumstances the Township will require Redeveloper’s adherence to the schedule for Commencement of Construction and Completion of Construction, interim deadlines or milestones and time periods for the various activities and actions to be taken by the Redeveloper hereunder, subject only to the occurrence of a Force Majeure Event.
Provided that Redeveloper has Commenced Construction for a given Phase and is diligently pursuing Completion of Construction thereof, then subject to Redeveloper demonstrating to the reasonable satisfaction of the Township Redeveloper’s ability to satisfy the Infrastructure Improvements relating to the subsequent Phases in accordance with the terms of the Infrastructure Construction Agreement, Redeveloper may on Notice to the Township elect to accelerate the Commencement of Construction of a later Phase.
This Agreement shall commence on the Effective Date and shall expire upon the issuance of a final Certificate of Completion coinciding with Completion of Construction of the entire Project, unless earlier terminated in accordance with the provisions hereof.
Until Completion of Construction, Tenant shall provide Landlord with monthly progress reports, or more frequent updates if Landlord reasonably requires, regarding the status of the construction of the New Improvements.
At Completion of Construction, the qualified basis of the Apartment Housing under Code Section 42 is anticipated to be $15,784,109.

More Definitions of Completion of Construction

Completion of Construction means the date that the work of building and erection of the project is substantially complete.

Completion of Construction means the time when all components of the project are installed and fully functional or when the infrastructure is used for its intended purpose, whichever occurs first. For a phased system, “completion of construction” means the time when all components for a phase of the project are installed and fully functional, or when the infrastructure for a phase is used for its intended purpose, whichever occurs first.

Completion of Construction means the issuance of a temporary or permanent certificate of occupancy for the improvements under construction, permitting the use and occupancy thereof for their regular intended uses.

Completion of Construction means that: (i) substantial completion of the Infrastructure has occurred; and (ii) the City has verified completion of the Infrastructure and issued a certificate of occupancy for Company to occupy the Improvements.

Completion of Construction means the date the Partnership receives the required certificate of occupancy (or the local equivalent) for all 40 apartment units, and by the issuance of the Construction Inspector's certification, in a form substantially similar to the form attached hereto as Exhibit D and incorporated herein by this reference, with respect to completion of all the apartment units in the Apartment Housing. Completion of Construction further means that the construction shall be completed in good quality, and free and clear of all mechanic, material and similar liens. In addition to the above, Completion of Construction shall occur only when the statutory time period for the filing of any liens by the Contractor, subcontractors, material suppliers or any one else entitled to file a lien against the property has lapsed unless such filed liens, other than the Mortgage Loan, have been bonded over and have been approved by the Special Limited Partner; and the Special Limited Partner has approved the Completion of Construction.

Completion of Construction means the earliest of:

Completion of Construction means the local school district, with the concurrence of the architect, accepts the facility as complete, meaning that all punch list items are resolved, release of liens has been received, and funds held in retainage have been released.