Common use of Construction Date Clause in Contracts

Construction Date. For purposes of this Agreement, “Construction Date” shall mean the first day of the month following the point in time when the Relocated Billboards and Changeable Message Boards are in place and the City is ready and willing to final the building permit and release the electrical service for use by Company. City shall provide to Company a written indication of such willingness (either via letter or email), and the Parties agree that the first day of the month following such written indication shall mark the Construction Date.

Construction Date. For purposes of this Agreement, “Construction completion of constructionConstruction Date” shall mean the first day of the month following the point in time when the Relocated Billboards and Changeable Message Boards are in place and the City is ready and willing to final the building permit and release the electrical service for use by Company. City shall provide to Company a written indication of such willingness (either via letter or email), and the Parties agree that the first day of the month following such written indication shall mark the Construction commencement of the first year following Company’s construction of such Changeable Message BoardConstruction Date.