Completion Standard definition
Examples of Completion Standard in a sentence
Upon receipt of the Notice of Completion, the Town shall have thirty (30) days within which to inspect the Redeveloper Improvements to determine whether these improvements satisfy the Completion Standard and any other requirements of this Agreement.
Within seven (7) days after the Town determines that the improvements that are the subject of the Notice of Completion meet the Completion Standard, the Town shall execute a Certificate of Completion in the form attached as Exhibit K hereto.
On and from Completion, Standard Bank fully and unconditionally release and discharge the FEEL Shareholders from their liabilities and obligations (in whatsoever form) which arise under the FEEL Shareholders Undertakings.
Upon the terms and subject to the conditions of this Agreement, at the Completion, Standard Bank shall sell to FEEL, and FEEL shall purchase from Standard Bank, the Buyback Shares for a purchase price per Buyback Share equal to the Per Buyback Share Purchase Price, and for an aggregate purchase price of US$4,867,110 (the “Buyback Shares Purchase Price”).
Tenant shall approve the Systems Plans, in Tenant’s reasonable discretion, within four (4) business days following delivery thereof by Landlord to Tenant, or reasonably disapprove the Systems Plans within such four (4) business day period, provided that, except to the extent resulting from Landlord’s failure to complete the Systems Plans pursuant to the Systems Plans Completion Standard, any delays resulting from any such disapproval shall constitute a Tenant Delay.