Construction Force Majeure Event definition

Construction Force Majeure Event means, with respect to any Leased Property:
Construction Force Majeure Event means (i) an act of God arising after the Closing Date, (ii) any cause, circumstance or event arising after the Closing Date and not reasonably within the control of the Lessee or (iii) any change in any state or local law, regulation or other legal requirement arising after the Closing Date and relating to the use of the Land or the construction of the Improvements on the Land, which prevents the Lessee from completing the Construction prior to the Completion Deadline and which could not have been avoided or which cannot be remedied by the Lessee through the exercise of all commercially reasonable efforts or the expenditure of funds and, in the case of clauses (i) and (ii) of this definition, the existence or potentiality of which was not known to and could not have been discovered prior to the Closing Date through the exercise of due diligence by the Lessee.
Construction Force Majeure Event means, with respect to any Leased -------------------------------- Property during the Construction Term therefor:

Examples of Construction Force Majeure Event in a sentence

  • The Construction Agent shall take all reasonable and practical steps to minimize the disruption of the construction process and all steps reasonably necessary to prevent further damage arising from such Construction Force Majeure Event.

  • The Construction Agent shall, within thirty (30) days of the delivery of the Construction Force Majeure Declaration, submit to the Lessor a budget detailing the costs that would be incurred in remediating such Construction Force Majeure Event and a schedule for effecting the same.

  • The Construction Agent shall be entitled to reimbursement from Lessor for any costs directly related to minimizing the disruption and to preventing further damage of such Construction Force Majeure Event through the proceeds of Fundings pursuant to, and subject to the terms and conditions of, the Master Agreement.

  • Upon receipt of the Construction Force Majeure Declaration, Lessor and the Construction Agent shall consult with each other as to what steps, if any, are to be taken to remediate such Construction Force Majeure Event, including consulting as to the appropriateness of an extension of the Scheduled Construction Termination Date.

  • Upon receipt of the Construction Force Majeure ------------------------- Declaration, Lessor and the Construction Agent shall consult with each other as to what steps, if any, are to be taken to remediate such Construction Force Majeure Event, including consulting as to the appropriateness of an extension of the Scheduled Construction Termination Date.


More Definitions of Construction Force Majeure Event

Construction Force Majeure Event means any of the following events if they cause delays in the performance of the Work: (i) strikes, lockouts, labor disputes, boycotts or work stoppages not caused by or limited to Landlord, or its contractors or subcontractors; (ii) fire;
Construction Force Majeure Event means: (i) an act of God arising after the Closing Date, (ii) any cause, circumstance or event arising after the Closing Date and not reasonably within the control of the Lessee or (iii) any change in any state or local law, regulation or other legal requirement arising after the Closing Date and relating to the use of the Land or the Construction of the Improvements which prevents the Lessee from completing the Construction prior to the Completion Deadline and which could not have been avoided or which cannot be remedied by the Lessee through the exercise of all commercially reasonable efforts or the reasonable expenditure of funds and, in the case of clauses (i) and (ii) of this definition, the existence or potentiality of which was not known to and could not have been discovered prior to the Closing Date through the exercise of reasonable due diligence by the Lessee.
Construction Force Majeure Event means, with respect to any Parcel, (i) an act of God arising after the related Parcel Closing Date, (ii) any cause, circumstance or event arising after the related Parcel Closing Date and not reasonably within the control of the Lessee or (iii) any change in any state or local law, regulation or other legal requirement arising after the related Parcel Closing Date and relating to the use of the Parcel or the construction of the Improvements on the Parcel which prevents the Lessee from completing the Construction prior to the Completion Deadline and which could not have been avoided or which cannot be remedied by the Lessee through the exercise of all commercially reasonable efforts or the commercially reasonable expenditure of funds and, in the case of clauses (i) and (ii) of this definition, the existence or potentiality of which was not known to and could not have been discovered prior to the related Parcel Closing Date through the exercise of due diligence by the Lessee.
Construction Force Majeure Event means, with respect to any Leased
Construction Force Majeure Event means any of the following events if they cause delays in the performance of the Landlord Work: (i) industry wide strikes; (ii) fire; (iii) unavoidable casualties; (iv) acts of God; (v) acts of the public enemy; (vi) floods, tornadoes, hurricanes and other forms of severe weather events; (vii) freight embargoes; and (viii) rebellions, riots, insurrections or sabotage, in all cases only to the extent that the events are beyond the reasonable control of and could not be anticipated by Landlord. If a Construction Force Majeure Event occurs, Landlord shall give written notice of the Construction Force Majeure Event to Tenant within three (3) daysBusiness Days after first learning of the occurrence of the Construction Force Majeure Event. If Landlord fails to give such timely notice, Landlord shall have the extension in deadlines to which it would otherwise be entitled to such Construction Force Majeure Event (but for the late notice) reduced on a day for day basis for each day that the notice is late.
Construction Force Majeure Event means, with respect to the Leased Premises:
Construction Force Majeure Event means: --------------------------------