Construction; Substantial Completion Clause Samples
The 'Construction; Substantial Completion' clause defines the point at which a construction project is considered sufficiently finished for its intended use, even if minor work remains. Typically, this clause outlines the criteria for substantial completion, such as the ability to occupy or utilize the premises, and may specify procedures for inspection and documentation. Its core function is to establish a clear milestone that triggers important contractual events, such as the transfer of risk, commencement of warranty periods, or release of retainage, thereby reducing ambiguity and potential disputes between parties.
POPULAR SAMPLE Copied 1 times
Construction; Substantial Completion. Landlord shall cause a contractor selected by Landlord ("Landlord's Contractor") to construct the Tenant Improvements as shown on the Plans in compliance with this Paragraph 4. With regard to telephones and computer systems, Landlord shall provide and cause to be installed only those wall terminal boxes and/or floor monuments required for Tenant's telephone or computer systems as are shown on the Plans. Landlord will provide ordinary power wiring to locations shown on the Plans and shall provide and cause to be installed conduits as required for Tenant's telephone and computer systems as shown on the Plans, but shall in no event install, pull or hook up such wires, supply jacks or plugs or provide wiring necessary for special conditioned power to the Premises."Substantial Completion" of the Tenant Improvements for the Initial Premises or Added Premises, as the case may be, shall be deemed to have occurred when the Tenant Improvements for such portion of the Premises have, in Landlord's reasonable judgment, been completed in accordance with the Plans, subject only to correction or completion of "Punch List" items, which items shall be limited to minor items of incomplete or defective work or materials or mechanical maladjustments that are of such a nature that they do not materially interfere with or impair Tenant's use of such portion of the Premises for Tenant's business. The definition of "Substantially Completed" shall also apply to the terms "Substantial Completion" and "Substantially Complete."
Construction; Substantial Completion. Landlord shall perform the Landlord Work pursuant to the Final Plans in a good and workmanlike manner and in compliance with all Applicable Laws. No asbestos-containing materials shall be used or incorporated in the Landlord Work. No lead-containing surfacing material, solder, or other construction materials or fixtures where the presence of lead might create a condition of exposure not in compliance with Environmental Laws shall be incorporated in the Landlord Work. Landlord shall cause Contractor to commence the construction of the Landlord Work as soon as is reasonably possible after the approval by Landlord and Tenant of the Final Plans and receipt of any applicable permits. Notwithstanding anything to the contrary herein, Landlord and Tenant shall cooperate with each other to resolve any space plan issues raised by applicable local building codes. The Landlord Work shall be deemed to be “Substantially Completed” when they have, in Landlord’s reasonable judgment, been completed in accordance with the Final Plans, subject only to correction or completion of “Punch List” items, which items shall be limited to minor items of incomplete or defective work or materials or mechanical maladjustments that are of such a nature that they do not materially interfere with or impair Tenant’s use of the Premises for Tenant’s business. The definition of “Substantially Completed” shall also apply to the terms “Substantial Completion” and “Substantially Complete”. The Landlord Work shall include warranties and guaranties that the subject materials and/or work shall be free of defect in materials and workmanship for a period of one (1) year following the date that the Landlord Work is Substantially Completed. Landlord shall provide Tenant on or before the Commencement Date a certificate of occupancy (or a similar certificate customarily issued by the jurisdiction in which the Building is located) for the Premises from the applicable governmental agency.
Construction; Substantial Completion. NI has approved that the Contractor has completed all Works required for the completion of the Rail Line, except for the works related to the restoration and reinstatement of the Work Base, all as shall be approved by NI in accordance with the provisions of the Contract Documents, the Testing and Commissioning Plan, and any applicable Law;
Construction; Substantial Completion. Upon Tenant's approval of the budget, Shorenstein Construction shall diligently pursue to completion construction of the Tenant Improvements. "Substantial Completion" of the Tenant Improvements shall be deemed to have occurred when the Tenant Improvements have been completed pursuant to the Final Plans, subject only to the completion or correction of Punch List Items (as defined below), and the Premises and the Tenant Improvements therein are in condition to receive a certificate of occupancy or other governmental approval necessary for the Premises to be legally occupied. "Punch List Items" shall mean incomplete or defective work or materials in the improvements called for in the Final Plans which do not materially impair Tenant's use of the Premises for the conduct of Tenant's business therein.
Construction; Substantial Completion. SELLER shall cause the Contractor to proceed with the construction of the Improvements in order to cause the Substantial Completion of the Improvements in accordance with the provisions of section 7 below and the Project Schedule.
Construction; Substantial Completion. Promptly following the approval of the Tenant Improvement Plans and conditioned upon LESSEE's timely payment of the LESSEE's Initial Contribution, LESSOR shall cause Contractor to cause the Substantial Completion of the Tenant Improvements in no event later than the date determined in subsection 3.1 of this Addendum. Following the Substantial Completion, LESSOR shall cause Contractor to correct all immaterial defects and deficiencies to fully complete the Tenant Improvements as soon as reasonably possible.
Construction; Substantial Completion. Upon Tenant's approval of the budget, Landlord shall cause the Contractor to promptly commence and diligently pursue to completion construction of the Tenant Improvements. The Contractor will provide ordinary power wiring to locations shown on the Final Plans and shall provide and cause to be installed conduits to above ceiling line from wall or floor outlets for Tenant's telephone and computer systems as shown on the Final Plans, but shall in no event provide, install, pull or hook up such wires, supply jacks or plugs or provide wiring necessary for special conditioned power to the Substitute Premises. "Substantial Completion" of the Tenant Improvements shall be deemed to have occurred when they have been completed pursuant to the Final Plans, subject only to the completion or correction of Landlord's Punch List Items. Punch List Items shall mean incomplete or defective work or materials in the improvements called for in the Final Plans which do not materially impair Tenant's use of the Substitute Premises for the conduct of Tenant's business therein.
Construction; Substantial Completion