Construction Commencement Deadline definition

Construction Commencement Deadline means, for all Blocks except Blocks F & G, the date that is two calendar years after the Effective Date, and for Blocks F & G, the date that is three calendar years after the Effective Date.

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Construction Commencement Deadline means the date that is thirty (30) days after the Closing Date.

Construction Commencement Deadline means the date which is sixty (60) days after Closing; provided, however, the Construction Commencement Deadline shall be extended on a day for day basis for each day of delay encountered by Purchaser on account of Force Majeure.

Examples of Construction Commencement Deadline in a sentence

Seller shall have the right to elect to purchase the Property back from Purchaser (the “Re-Purchase”) if Purchaser refuses or fails to commence with construction of a hotel on the Property within three (3) years after the Closing (the “Construction Commencement Deadline”), by providing written notice of such election within twenty (20) days after the Construction Commencement Deadline and closing on the Re-Purchase of the Property from Purchaser within thirty (30) days of such written notice.
The CRA Agreements shall include, among other things, an acknowledgement by Developer and Block Owner that City may terminate the CRA Agreement with respect to a Block if Developer and Block Owner do not satisfy the Incentive Contingencies for that Block by the Construction Commencement Deadline for the Block.
The Construction Commencement Deadline shall then be the later of (a) 60 days before the scheduled steel delivery date as specified by such manufacturer or (b) 30 days after the Date of this Lease.
The City’s repurchase option shall be exercisable by the City at any time within the sixty (60) day-period immediately following the Construction Commencement Deadline, and any extensions thereof (the “Option Period”), but must be exercised prior to construction commencing.
Construction of the Chapter House must be completed, which shall be evidenced by the issuance of a Certificate of Occupancy for the Chapter House, no later than eighteen (18) months from the Construction Commencement Deadline (the “Construction Completion Deadline”).

More Definitions of Construction Commencement Deadline

Construction Commencement Deadline means May 31, 2008; however, (i) in the event Commencement of Construction is delayed as a result of Force Majeure Delay, then the Construction Commencement Deadline shall be extended by one day for each such day of Force Majeure Delay, but in no event by more than sixty (60) days, and (ii) in the event Commencement of Construction is delayed as a result of Tenant Delay, then the Construction Commencement Deadline shall be extended by one day for each such day of Tenant Delay. In the event Commencement of Construction has not occurred on or before the Construction Commencement Deadline (as defined in, and as the same may be extended pursuant to the provisions of, this Section 2.3(b)), and an Event of Default has not occurred under this Lease, Tenant shall have the right to terminate this Lease by delivering written notice of the exercise of such right to Landlord. Such right of termination may be exercised by Tenant only during the period commencing on the Construction Commencement Deadline and continuing through ten (10) business days after the Construction Commencement Deadline, and if such right is not exercised by Tenant, such right shall thereafter lapse and be of no further force or effect. If this Lease is terminated pursuant to this Section 2.3(a), then neither party shall have any further obligations or liability hereunder to the other party, except that Landlord shall be obligated to disburse to Tenant all portions of the Phase I Allowance that have been expended or irrevocably committed prior to the date of such termination.

Construction Commencement Deadline has the meaning set forth in Section 4.03(b).

Construction Commencement Deadline means the date by which Construction Commencement must occur pursuant to Section 6.2, which date shall be the one year anniversary of the date of Recordation of this Declaration; provided, the Construction Commencement Deadline shall be extended as follows: (a) If Declarant fails to notify RASLP of its approval, disapproval or request for clarification or further information within fourteen days after RASLP has submitted the Development Plan to Declarant, then the Construction Commencement Deadline shall be extended by one day for each day that passes in excess of fourteen days from the date of submission until such approval, disapproval or request for clarification or further information. (b) If Declarant fails to notify RASLP of its approval, disapproval or request for clarification or further information within fourteen days after RASLP has submitted the grading plan to Declarant, then the Construction Commencement Deadline shall be extended by one day for each day that passes in excess of fourteen days from the date of submission until such approval, disapproval or request for clarification or further information. (c) If Declarant is in default of the terms and conditions of this Declaration or the Purchase Agreement, then the Construction Commencement Deadline shall be extended by one day for each day that such default remains uncured.

Construction Commencement Deadline means the date with respect to each Proposed Site by which Lessee must commence Construction on such Proposed Site as identified in the Pro Forma Budget under the column "Construction Commencement Deadline".

Construction Commencement Deadline means the latest of:

Construction Commencement Deadline means the date that is eighteen (18) months from the Effective Date of this Agreement subject to extensions due to Unavoidable Delays and/or any Unforeseen Conditions or as otherwise provided in this Agreement.

Construction Commencement Deadline means the date, initially one hundred eighty (180) days after the Financial Closing Date and subject to adjustment pursuant to the Project Documents.