Final Completion definition
Examples of Final Completion in a sentence
This Agreement shall remain in full force and effect for an initial term ending three (3) years after the Final Completion Date (as such term may be separately defined by the parties) (the “Initial Term”).
If Owner determines that Final Completion of the Facility has not been achieved, EPCM will perform the Services at Owner’s cost and, cause to be performed, the Works required to achieve Final Completion, and thereafter will provide Owner with another application for Final Completion.
When EPCM considers it has achieved Final Completion in accordance with the requirements of this Agreement, EPCM will prepare and submit to Owner a written application for certification of Final Completion, together with such other information and documentation as may be specified in Exhibit A, or as may be reasonably requested by Owner.
If Owner determines Final Completion has been achieved, Owner will issue a Final Completion Certificate.
Within five (5) days after receiving such notice and all other required information, Owner will review the Services to verify the validity of EPCM’s application and will notify EPCM whether it has certified that Final Completion has been achieved.