Common use of Construction Deadline Clause in Contracts

Construction Deadline. Landlord shall substantially complete construction of the Building ("Landlord's Work") no later than February 1, 1995 (the "Scheduled Delivery Date") in accordance with the plans and specifications, and if the Building has not been substantially completed thereby, Tenant shall receive one day 'free rent' for each one-day period of delay. In the event Landlord fails to complete Landlord's Work within one hundred twenty (120) days after the Scheduled Delivery Date, Tenant shall be entitled to terminate this Lease and receive a refund of any and all amounts previously paid by Tenant to Landlord, or Tenant may continue to accrue 'free rent' until Landlord has substantially completed Landlord's Work.

Construction Deadline. Landlord shall substantially complete construction of the Building ("Landlord's WorkLANDLORD'S WORK") no later than February AUGUST 1, 1995 (the "Scheduled Delivery DateSCHEDULED DELIVERY DATE") in accordance with the plans and specifications, and if the Building has not been substantially completed thereby, Tenant shall receive one day two days 'free rent' for each one-day period of delay. In the event Landlord fails to complete Landlord's Work within one hundred twenty (120) days after the Scheduled Delivery Date, Tenant shall be entitled to terminate this Lease and receive a refund of any and all amounts previously paid by Tenant to Landlord, or Tenant may continue to accrue 'free rent' until Landlord has substantially completed Landlord's Work.