Common use of Initial Construction Work Clause in Contracts

Initial Construction Work. Tenant will cause the Project to be developed as described in the Plans and Specifications listed on Exhibit B. Tenant will cause Final Completion of the Project on or before the Final Completion Date; provided, however, that an Event of Default will not be deemed to have occurred with respect to Tenant’s failure to cause Final Completion in a timely manner, until the Outside Final Completion Date has occurred. Until Final Completion of the Project, Tenant will always prosecute construction of the Project (and, for purposes of this clause, “prosecute construction of the Project” will include actions necessary to obtain construction financing) with reasonable diligence and continuity (subject to Unavoidable Delays) in accordance with the then applicable Project Schedule. Tenant will provide Landlord with a copy of Tenant’s Project Schedule, but Tenant is entitled to modify such Project Schedule from time to time as Tenant deems appropriate (except that Tenant may not modify the Project Schedule in a manner that would reflect Final Completion of the Project occurring after the Final Completion Date). Tenant will promptly provide a copy of any revised Project Schedule to Landlord.

Initial Construction Work. Tenant will shall cause the Project to be developed as described in the Plans and Specifications listed on Exhibit B. C. Tenant will shall cause Final Completion of the Project on or before the Final Completion Date; provided, however, that an Event of Default will shall not be deemed to have occurred with respect to Tenant’s failure to cause Final Completion in a timely manner, until the Outside Final Completion Date has occurred. Until Final Completion of the Project, Tenant will shall always prosecute construction of the Project (and, for purposes of this clause, “prosecute construction of the Project” will shall include actions necessary to obtain construction financing) with reasonable diligence and continuity (subject to Unavoidable Delays) in accordance with the then applicable Project Schedule. Tenant will shall provide Landlord with a copy of Tenant’s Project Schedule, but Tenant is entitled to modify such Project Schedule from time to time as Tenant deems appropriate (except that Tenant may not modify the Project Schedule in a manner that would reflect Final Completion of the Project occurring after the Final Completion Date). Tenant will shall promptly provide a copy of any revised Project Schedule to Landlord.Landlord.‌

Initial Construction Work. Tenant will cause the Project to be developed as described in the Plans and Specifications listed on Exhibit B. C. Tenant will cause Final Completion of the Project on or before the Final Completion Date; provided, however, that an Event of Default will not be deemed to have occurred with respect to Tenant’s failure to cause Final Completion in a timely manner, until the Outside Final Completion Date has occurred. Until Final Completion of the Project, Tenant will always prosecute construction of the Project (and, for purposes of this clause, “prosecute construction of the Project” will include actions necessary to obtain construction financing) with reasonable diligence and continuity (subject to Unavoidable Delays) in accordance with the then applicable Project Schedule. Tenant will provide Landlord with a copy of Tenant’s Project Schedule, but Tenant is entitled to modify such Project Schedule from time to time as Tenant deems appropriate (except that Tenant may not modify the Project Schedule in a manner that would reflect Final Completion of the Project occurring after the Final Completion Date). Tenant will promptly provide a copy of any revised Project Schedule to Landlord.