Foundation Completion Clause Samples

Foundation Completion. Borrower shall notify Bank immediately upon completion of the foundation of the Improvements and, if required by Bank, deliver to Bank, promptly after completion of the foundation, a foundation survey in form satisfactory to Bank and Title Insurer.

Foundation Completion. Contractor shall achieve Foundation Completion with respect to each individual Foundation on or before the Milestone Date therefor and otherwise in accordance with the requirements of this Agreement. “Foundation Completion” means with respect to a Foundation the achievement of the following with respect to each individual Foundation: such Foundation is mechanically completed and installed in accordance with the Technical Specifications and the requirements of this Agreement; such Foundation is structurally complete and contains all necessary embedded inserts; the concrete portion of such Foundation has cured so as to have achieved the minimum strength necessary to allow assembly, erection and installation of the base Tower of the WTG thereon; backfilling of the area surrounding such Foundation has been completed; Contractor has documented any changes to each Foundation and the Infrastructure Facilities (both above-ground and below-ground in the immediate surrounding area of the such Foundation); and Owner has accepted or is deemed to have accepted a Foundation Completion Certificate with respect to such Work pursuant to Section 7.8.

Foundation Completion. Borrower shall notify the Funding Lender immediately upon completion of the foundation of the Improvements, if applicable.

Foundation Completion. Notify Lender immediately on completion of the foundation of the improvements.