Substantial Completion of the Premises definition

Substantial Completion of the Premises shall occur upon (A) the completion of construction of the Tenant Improvements in the Premises pursuant to the Approved Working Drawings, with the exception of any punch list items that do not materially and adversely affect Tenant’s use and occupancy of the Premises and any tenant fixtures, work-stations, built-in furniture, or equipment to be installed by Tenant or under the supervision of the Contractor and (B) issuance by the City of San Diego of a temporary certificate of occupancy for the Premises (or its functional equivalent).
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Substantial Completion of the Premises as used in this Agreement, shall mean the date (the “Delivery Date”) on which all of the following have occurred: (i) Owner’s delivery of the Premises to Operator with Owner’s Work “Substantially Completed” (meaning when such work is subject only to minor punch list items capable of being completed within 90 days and that in the aggregate do not interfere with operation of the Premises); (ii) Owner’s completion of all material portions of the Common Areas; (iii) receipt of all “Permits” (as defined below); (iv) the receipt by Operator of a leasehold title insurance policy, subject only to exceptions approved by the Operator, written with liability in an amount acceptable to Operator and issued by a title company acceptable to Operator; (v) not less than ten (10) days’ prior written notice of delivery for Owner and Operator to complete a walk-through inspection and punch list related to the Premises (the Parties agree that all punch list items must be capable of being completed within 90); and (vi) Owner has provided Operator with at least ninety (90) days’ prior written notice of the exact Delivery Date (the exact Delivery Date set forth in such notice is referred to herein as the “Noticed Delivery Date”).
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Substantial Completion of the Premises shall occur upon (x) the completion of construction of the Tenant Improvements in the Premises pursuant to the Approved Working Drawings and Landlord’s Work in compliance with law, with the exception of any punch list items that do not materially and adversely affect Tenant’s use and occupancy of the Premises and any tenant fixtures, work-stations, built-in furniture, or equipment to be installed by Tenant or under the supervision of the Contractor and (y) the issuance of a temporary certificate of occupancy or its functional equivalent from the applicable governmental authority for Landlord’s Work and the Tenant Improvements; provided, however, that the cold room portion of the Tenant Improvements may, without affecting the occurrence of the Lease Commencement Date, be installed by Landlord within forty-five (45) days after the Lease Commencement Date.
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Examples of Substantial Completion of the Premises in a sentence

  • The Premises shall be deemed “Ready for Occupancy” upon the Substantial Completion of the Premises.

  • The Premises shall be deemed "Ready for Occupancy" upon the Substantial Completion of the Premises.

  • No changes, modifications or alterations in the Approved Working Drawings may be made without the prior written consent of Landlord, provided that Landlord may withhold its consent, in its sole discretion, to any change in the Approved Working Drawings, if such change would directly or indirectly delay the Substantial Completion of the Premises.

  • The terms of this Section 5.3 will not affect the occurrence of the Substantial Completion of the Premises or the occurrence of the Rent Commencement Date.

  • Provided that Tenant and its agents do not interfere with Contractor's work in the Building and the Premises, Contractor shall allow Tenant access to the Premises prior to the Substantial Completion of the Premises for the purpose of Tenant installing overstandard equipment or fixtures (including Tenant's data and telephone equipment) in the Premises.

  • No changes, modifications or alterations in the Approved Working Drawings may be made without the prior written consent of Landlord, provided that Landlord may withhold its consent, in its sole discretion, to any change in the Approved Working Drawings, if such change would directly or indirectly delay the Substantial Completion of the Premises and/or would result in an Over-Allowance Cap (as defined below).

  • For purposes of this Lease, "Substantial Completion" of the Premises shall occur upon the completion of construction of the Tenant Improvements in the Premises pursuant to the Approved Working Drawings, with the exception of any punch list items and any tenant fixtures, work-stations, built-in furniture, or equipment to be installed by Tenant or under the supervision of Contractor.

  • The Premises shall be deemed "Ready for ------------------- Occupancy" upon the Substantial Completion of the Premises.

  • For purposes of the Lease, including for purposes of determining the Lease Commencement Date (as set forth in Section 7.2 of the Summary), the Premises shall be “Ready for Occupancy” upon Substantial Completion of the Premises.

  • In addition, immediately after the Substantial Completion of the Premises, Tenant shall have prepared and delivered to the Building a copy of the "as built" plans and specifications (including all working drawings) for the Tenant Improvements.


More Definitions of Substantial Completion of the Premises

Substantial Completion of the Premises shall occur upon the completion of construction of the Tenant Improvements in the Premises pursuant to the Approved Working Drawings, with the exception of any punch list items that do not materially and adversely affect Tenant’s use and occupancy of the Premises and any tenant fixtures, work-stations, built-in furniture, or equipment to be installed by Tenant or under the supervision of the Contractor.
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Substantial Completion of the Premises is defined as the date on which Landlord, its Agent or its Project Architect notifies Tenant in writing that the Premises are substantially complete to the extent of Landlord's Work specified in Exhibit "B" hereof, with the exception of such work as Landlord cannot complete until Tenant performs necessary portions of its work. Tenant shall commence the installation of fixtures, equipment and any of Tenant's work as set forth in said Exhibit "B" promptly upon substantial completion of Landlord's Work in the Premises and shall diligently prosecute such installation to completion, and shall open the Premises for business not later than the date specified for commencement of Monthly Base Rent in Article 5 hereof.
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Substantial Completion of the Premises. (including derivative terms) means:
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Substantial Completion of the Premises shall occur upon the completion of construction of the Tenant Improvements in the Premises pursuant to the Approved Working Drawings, (a) such that Landlord has obtained for Tenant a (temporary) certificate of occupancy (or its functional equivalent) and (b) with the exception of any Punch List Items (as defined below) and any tenant fixtures, work-stations, built-in furniture, or equipment to be installed by Tenant or under the supervision of the Contractor. “Punch List Items” means only commercially reasonable punchlist items, the non-completion of which does not unreasonably interfere with Xxxxxx’s use or occupancy of the Premises, and which punchlist items shall be corrected promptly by Landlord (within thirty (30) days following Xxxxxxxx’s receipt of written notice thereof from Tenant) without unreasonable interference with Xxxxxx’s use of or access to or from the Premises.
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Substantial Completion of the Premises means the date on which Landlord notifies Tenant in writing that the Premises are substantially complete to the extent of Landlord's work specified in Exhibit B, with the exception of the work that Landlord cannot complete until Tenant performs necessary portions of its work or notifies Landlord of the selection of certain of its choices, if applicable. Tenant shall commence the installation of its fixtures and equipment; and any of Tenant's Work as set forth in Exhibit B, promptly upon substantial completion of Landlord's Work in the Premises and shall diligently prosecute such installation to completion and shall open the Premises for business not later than the expiration of said ten day period. See Page 2A * This Lease will automatically renew for three (3) additional terms of five (5) years unless the bank gives notice of its intention to allow the Lease to expire no less than 180 days prior to the end of the initial term or any renewed term. All terms and conditions of the original lease to continue in full forge and effect during any renewal term. Landlord and Tenant acknowledge that the premises that are the subject of this Lease Agreement are subject to construction and expect a commencement date of approximately February 1, 2005. All Parties acknowledge that the commencement date is subject to the construction schedule of the addition to an existing shopping center that can vary substantially based on weather, permitting, engineering and contractors. Under any circumstances, the lease shall not commence until the Landlord has completed the Landlord's construction of the addition as well as any other Landlord work required under the lease agreement, and the Tenant has opened for business. If the premises are not fully ready for the Tenant to open for business by December 31, 2005, at the latest, the Tenant at it's sole option, shall have the right to terminate this lease without any responsibility to the Landlord. If Landlord has not obtained the building permit for the construction of the premises by August 1, 2005, either Party may terminate this Lease Agreement by giving the other written notice. This Lease is conditioned upon the approval of it by the Board of Directors of Old Line Bancshares Inc., and all Regulatory Approval required by State and Federal law, on or before Nov 1, 2004. Landlord will install a drive through canopy and curb. Tenant will be responsible for any teller window, mechanical equipment and tubing for the use of the spac...
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Related to Substantial Completion of the Premises

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Substantial improvement means any combination of repairs, reconstruction, rehabilitation, addition, or other improvement of a structure, taking place during any one-year period for which the cost equals or exceeds 50 percent of the market value of the structure before the “start of construction” of the improvement. This term includes structures which have incurred “substantial damage”, regardless of the actual repair work performed. The term does not, however, include either:

  • Substantial compliance means a level of compliance with these rules where any deficiencies pose no greater risk to resident health or safety than the potential for causing minor harm.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Tenant Improvement Work means the construction of the Tenant Improvements, together with any related work (including demolition) that is necessary to construct the Tenant Improvements.

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);

  • Substantial alteration means an alteration that has a major impact on the architectural features, characteristics, appearance, or integrity of a structure or lot. The term does not include routine maintenance that is reasonably necessary to maintain a dealership facility in attractive condition and does not include any changes to items protected by federal intellectual property rights.

  • Landlord’s Work means the work of constructing the Tenant Improvements.

  • Landlord Work means the work, if any, that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”), if any, attached to this Lease as Exhibit C.

  • Certificate of Substantial Completion means the certificate executed by the A/E, ODR and Contractor that documents to the best of A/E’s and ODR’s knowledge and understanding, Contractor’s sufficient completion of the work in accordance with the Contract, so as to be operational and fit for the use intended.

  • Base Building Work means the base building work for the Building as described in this Manual.

  • Guaranteed Substantial Completion Date or “Guaranteed Substantial Completion Dates” has the meaning set forth in Section 5.3B.

  • Substantial Completion Certificate means the certificate issued and approved by the Authority indicating the date upon which the Trade Contractor Work (or a designated portion thereof) is Substantially Complete.

  • Construction Work means any work in connection with⎯

  • Ready for Occupancy means the date upon which (i) the Leased Premises are available for Tenant's occupancy in a broom clean condition and (ii) the improvements, if any, to be made to the Leased Premises by Landlord as a condition to Tenant's obligation to accept possession of the Leased Premises have been substantially completed and the appropriate governmental building department (i.e., the City building department, if the Property is located within a City, or otherwise the County building department) shall have approved the construction of such improvements as substantially complete or is willing to so approve the construction of the improvements as substantially complete subject only to compliance with specified conditions which are the responsibility of Tenant to satisfy or is willing to allow Tenant to occupy subject to its receiving assurances that specified work will be completed.

  • Tenant Work All work installed or furnished to the Premises by Tenant in connection with Tenant’s initial occupancy pursuant to Rider 2 and the Workletter.

  • Prior Occupancy means Owner’s use of all or parts of the Project before Substantial Completion, as more fully set forth in Section 6.08 A.

  • the Premises means the building or part of the building booked and referred to in the contract

  • Mechanical Completion means that (a) all components and systems of the Project have been properly constructed, installed and functionally tested according to EPC Contract requirements in a safe and prudent manner that does not void any equipment or system warranties or violate any permits, approvals or Laws; (b) the Project is ready for testing and commissioning, as applicable; (c) Seller has provided written acceptance to the EPC Contractor of mechanical completion as that term is specifically defined in the EPC Contract.

  • Construction Completion Date means the Completion Date of the Construction as specified in the Statutory Declaration of Completion for the Project;

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Transient occupancy means occupancy in transient lodging that has all of the following

  • Tenant’s Work means all improvements, alterations, fixture, equipment, and signage installation, and furniture placement necessary or appropriate for the conduct of the Permitted Use, including all work described as Tenant’s Work on Exhibit D, attached (the “Work Letter”).

  • Building Project means the aggregate combined parcel of land on a portion of which are the improvements of which the Premises form a part, with all the improvements thereon, said improvements being a part of the block and lot for tax purposes which are applicable to the aforesaid land.

  • Premises Building Total Destruction means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is fifty percent (50%) or more of the then Replacement Cost of the Building.