Common use of ACCEPTANCE OF TENANT IMPROVEMENTS Clause in Contracts

ACCEPTANCE OF TENANT IMPROVEMENTS. Tenant's taking possession of the Premises shall be an acceptance of the Tenant Improvements except for (i) any "punch list" type items of which Tenant has given Landlord written notice, (ii) any latent defects in the construction of the Tenant Improvements, (iii) Landlord's obligation to correct construction defects, (iv) any warranties made by Landlord and Contractor, and (v) any noncompliance of the Premises with all laws and codes in effect as of the Lease Commencement Date. Tenant shall provide Landlord with Tenant's written list of "punch list" items within ten (10) business days after the Lease Commencement Date. Landlord shall cause Contractor to correct within thirty (30) days of Landlord's receipt of notice thereof any construction deficiencies or other "punch list" items of which Tenant notifies Landlord and Contractor; except that for minor items (such as minor items on backorder) that cannot reasonably be corrected in thirty (30) days, Landlord shall cause correction to occur as soon as reasonably practicable. Any such corrective work shall be performed so as to reasonably minimize any interference or disruption to Tenant and its activities on the Premises.

Appears in 2 contracts

Samples: Office Lease (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc)

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ACCEPTANCE OF TENANT IMPROVEMENTS. Tenant's taking possession of the Premises applicable Floor Group shall be an acceptance of the Tenant Improvements except for (i) any "punch list" type items of which Tenant has given Landlord written notice, (ii) any latent defects in the construction of the Tenant Improvements, (iii) Landlord's obligation to correct construction defects, (iv) any warranties made by Landlord and Contractor, and (v) any noncompliance of the Premises with all laws and codes in effect as of the Lease Commencement Date. Tenant shall provide Landlord with Tenant's written list of "punch list" items within ten (10) business days after the Lease Commencement Date. Landlord shall cause Contractor to correct within thirty (30) days of Landlord's receipt of notice thereof any construction deficiencies or other "punch list" items of which Tenant notifies Landlord and Contractor; except that for minor items (such as minor items on backorder) that cannot reasonably be corrected in thirty (30) days, Landlord shall cause correction to occur as soon as reasonably practicable. Any such corrective work shall be performed so as to reasonably minimize any interference or disruption to Tenant and its activities on the Premises.

Appears in 2 contracts

Samples: Lease Option Agreement (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc)

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ACCEPTANCE OF TENANT IMPROVEMENTS. Tenant's taking possession of the Premises shall be an acceptance of the Tenant Improvements except for (i) any "punch list" type items of which Tenant has given Landlord written notice, (ii) any latent defects in the construction of the Tenant Improvements, (iii) Landlord's obligation to correct construction defects, (iv) any warranties made by Landlord and Contractor, and (v) any noncompliance of the Premises with all laws and codes in effect as of the Lease Commencement Date. Tenant shall provide Landlord with Tenant's written list of "punch list" items within ten (10) business days after the Lease Commencement Date. Landlord shall cause Contractor to correct within thirty (30) days of Landlord's receipt of notice thereof any construction deficiencies or other "punch list" items of which Tenant notifies Landlord and Contractor; except that for minor items (such as minor items on backorder) that cannot reasonably be corrected in thirty (30) days, Landlord shall cause correction to occur as soon as reasonably practicable. Any such corrective work shall be performed so as to reasonably minimize any interference or disruption to Tenant and its activities on the Premises.. EXHIBIT B -13- PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems]

Appears in 1 contract

Samples: Office Lease (Peregrine Systems Inc)

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