Common use of Construction Payment Clause in Contracts

Construction Payment. Within ten (10) calendar days of receiving a complete Application, Landlord will pay to Tenant the amount requested by Tenant in such Application (each such payment, a “Construction Payment”), provided that the aggregate amount of the Construction Payments does not exceed the Construction Contribution Amount. Notwithstanding the foregoing or any provision herein to the contrary, Landlord may withhold any Construction Payment, in whole or in part, upon the occurrence and continuation of any Tenant Event of Default.