1Ready for Occupancy Clause Samples
1Ready for Occupancy. The Premises shall be deemed "Ready for Occupancy" upon the Substantial Completion of the Tenant Improvements. For purposes of this Lease, "Substantial Completion" of the Tenant Improvements shall occur upon the completion of construction of the Tenant Improvements in the Premises with the exception of any punch list items and any tenant fixtures, built-in furniture, or equipment to be installed by Tenant or under the supervision of Contractor.
1Ready for Occupancy. The Premises shall be deemed "Ready for Occupancy" upon (i) the Substantial Completion by Contractor of the Tenant Improvements, (ii) Landlord's receipt of a certificate of occupancy, temporary certificate of occupancy, signed-off job card, or legal equivalent allowing legal occupancy of the Premises (as applicable, the "Indicia of Completion") and (iii) Landlord's delivery of possession of the Premises to Tenant. For purposes of this Lease, "Substantial Completion of the Tenant Improvements" 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 (i.e., details that do not materially interfere with Tenant’s use of the Premises) and any tenant fixtures, work-stations, built-in furniture, or equipment to be installed by Tenant or under the supervision of Contractor. The date of the Substantial Completion of the Tenant Improvements is the "Substantial Completion Date". Landlord shall complete all punch list items in accordance with this Tenant Work Letter as soon as is commercially feasible after Substantial Completion of the Tenant Improvements has been achieved, provided that Landlord shall commence to cure all punch list items within thirty (30) days of the Substantial Completion Date and thereafter diligently pursue the same to completion.
