Common use of CRITICAL DEADLINES Clause in Contracts

CRITICAL DEADLINES. Landlord and Tenant acknowledge and agree that Tenant’s strict compliance with the following deadlines is a pre-requisite to Landlord’s timely completion of the Tenant Improvements. The parties’ intended construction schedule is attached hereto as Schedule C-1. In the event that either Landlord or Tenant fails to meet any deadline specified herein, then all subsequent deadlines which rely, directly or indirectly, upon the completion of such delayed obligation shall be delayed accordingly. Further, in the event that Tenant fails to abide by the deadlines set forth herein, any delays to the Substantial Completion of the Tenant Improvements caused thereby will be deemed to be Tenant Delays (hereinafter defined). If Landlord fails to abide by the deadlines set forth herein, any delays to the Substantial Completion of the Tenant Improvements actually caused thereby will not be deemed to be Tenant Delays. The parties will work together to avoid in good faith to mitigate delays causing an adverse impact to the construction schedule, including the selection of alternate finishes that can be delivered and installed prior to occupancy. a. Final Space Plan. Tenant has retained the services of InteriorLogic (the “Space Planner”), to design the Tenant Improvements in the Premises and to prepare the final space plan for the design of the Tenant Improvements set forth on Schedule C-2 of (the “Final Space Plan”). Landlord has approved the Final Space Plan.

CRITICAL DEADLINES. Landlord and Tenant acknowledge and agree that Tenant’s strict compliance with the following deadlines is a pre-requisite to Landlord’s timely completion of the Tenant Improvements. The parties’ intended construction schedule is attached hereto as Schedule C-1. In the event that either Landlord or Tenant fails to meet any deadline specified herein, then all subsequent deadlines which rely, directly or indirectly, upon the completion of such delayed obligation shall be delayed accordingly. Further, in the event that Tenant fails to abide by the deadlines set forth herein, any delays to the Substantial Completion of the Tenant Improvements caused thereby will be deemed to be Tenant Delays (hereinafter defined). If Landlord fails to abide by the deadlines set forth herein, any delays to the Substantial Completion of the Tenant Improvements actually caused thereby will not be deemed to be Tenant Delays. The parties will work together to avoid in good faith to mitigate delays causing an adverse impact to the construction schedule, including the selection of alternate finishes that can be delivered and installed prior to occupancy. a. Final Space Plan. Tenant has retained the services of InteriorLogic (the “Space Planner”), to design the Tenant Improvements in the Premises and to prepare the final space plan for the design of the Tenant Improvements set forth on Schedule C-2 of (the “Final Space Plan”). Landlord has approved the Final Space Plan.