Punch List Items Sample Clauses

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Punch List Items. Notwithstanding anything to the contrary contained herein, at Owner’s sole discretion, Owner may approve the completion of Punch List Items after Final Completion; provided, however, that if any such Punch List Items remain outstanding at Final Completion, Contractor shall cause the Contractor Guarantee to remain in full force and effect until Contractor’s completion of all of such Punch List Items to Owner’s satisfaction. If Contractor does not promptly complete any remaining Punch List Item, Owner shall have the right to complete such item and Owner’s costs associated with such activities shall be included in the calculation of Total Costs. Notwithstanding anything to the contrary contained herein, however, if the completion of any Punch List Items requires that an LNG Production System or the Facility be shut down or its output curtailed, Owner shall have the option of completing such Punch List Items itself, and Owner’s costs associated with completion of any such Punch List Items (excluding costs associated with shut down or of output curtailment) shall be included in the calculation of Total Costs.
Punch List Items. Upon Substantial Completion of the Venue Improvements (including the Air Rights Infrastructure), City shall provide notice thereof to Club and BSD. Club Representative, BSD Representative and City Representative shall schedule a time to meet within thirty (30) Business Days thereafter to inspect the Venue and for Club to prepare a “punch-list” of items that are reasonably required to be completed or repaired prior to Final Completion of the Venue Improvements. The Contractor shall complete, or cause to be completed, all reasonable punch-list items relating to the Air Rights Infrastructure within thirty
Punch List Items. Notwithstanding anything to the contrary contained herein, at Owner’s sole discretion, Owner may approve the completion of Punch List Items after Final Completion. If Contractor does not promptly complete any remaining Punch List Item, Owner shall have the right to complete such item and Owner’s costs associated with such activities shall be included in the calculation of Total Costs. Notwithstanding anything to the contrary contained herein, however, if the completion of any Punch List Items requires that an LNG Production System or the Facility be shut down or its output curtailed, Owner shall have the option of completing such Punch List Items itself, and Owner’s costs associated with such activities shall be included in the calculation of Total Costs.
Punch List Items. Prior to Tenant taking occupancy of any portion of the Premises pursuant to Section 1.6 above, Landlord shall notify Tenant in writing when Landlord considers the Tenant Improvements (as defined in the Work Letter) to be substantially complete and Tenant shall, as soon as possible but not later than three (3) days after notice of substantial completion is received by Tenant from Landlord, conduct a walk-through inspection of the applicable phase of the Premises (or portion thereof) with Landlord. Tenant shall notify Landlord in writing within two (2) days of completing said walk-through inspection of all learns of Tenant Improvements which Tenant reasonably determines must be completed or corrected (“Punch List Items”). Following preparation of the Punch List Items, Tenant shall take occupancy. Landlord shall complete repairs of the Punch List Items within forty-five (45) days of receipt of Tenant’s notice of Punch List Items. If Landlord fails to complete repairs of the Punch List items within said 45 days, neither the Commencement Date nor the Lease Term shall be extended, but Tenant shall be entitled to complete the repairs at Landlord’s cost and may offset the cost of such repairs from any Rent thereafter due and owing to Landlord. Any dispute regarding the completion of the Punch List Items shall be subject to arbitration under the American Arbitration Association rules.
Punch List Items. Within 30 days after Substantial Completion of the Project Improvements, Landlord and Tenant shall inspect the Project Improvements and develop a list of items which were not properly completed by Landlord in material accordance with this Lease and the Construction Plans (the "Punch List Items"). Landlord and Tenant shall use their respective good faith reasonable efforts to agree on a mutually convenient date for such inspection and development of the list of the Punch List Items (the "Punch List"). Landlord shall thereafter promptly commence material completion of the Punch List Items within 30 days after the Punch List has been finalized, and shall continue to pursue such completion with commercially reasonable diligence and speed, but no later than 60 days after the Punch List has been finalized (subject to Excused Delays).
Punch List Items. The miscellaneous items in the scope of the Project that are not required for the Project to be operational and that remain to be completed by DESIGN/BUILDER after Substantial Completion and before Final Completion.
Punch List Items. Landlord shall give Tenant five (5) Business Days prior notice of the date Landlord anticipates to be the Substantial Completion Date (the “Pre-Completion Notice”) and the Substantial Completion shall in no event have occurred unless Tenant has received such 5-Business Day prior notice. Within five (5) days following its receipt of the Pre-Completion Notice, Tenant shall inspect or cause to be inspected Landlord’s Work for material compliance with the Plans and Specifications, and Tenant and Landlord shall agree that Substantial Completion has occurred and upon the Punch List Items. If Tenant and Landlord shall fail to reach agreement either that Substantial Completion has occurred or on the Punch List Items within five (5) Business Days following the end of the five (5) day period after Tenant’s receipt of the Pre-Completion Notice, the disagreement shall be resolved by the Arbitrator. Promptly thereafter, Landlord shall undertake and diligently complete all Punch List Items within sixty (60) days, except for such Punch List Items that cannot with due diligence be completed within said period of sixty (60) days in which case Landlord shall undertake and diligently prosecute to completion such Punch List Items. After Tenant re-inspects the same, or causes the same to be re-inspected, Landlord shall continue to remedy any further defective or incomplete items until Landlord has completed all Punch List Items in accordance with the Plans and Specifications.
Punch List Items. Borrower shall complete all Punch List Items no later than one hundred twenty (120) days following the date on which Substantial Completion occurs (subject to reasonable extensions if Borrower is diligently pursuing the completion of such Punch List Items), or such earlier date as may be required under the School Unit Purchase Agreement.
Punch List Items. Tenant shall have a period of thirty (30) days following the date that the Tenant Improvements were Substantially Completed (the "Substantial Completion Date") to conduct a walkthrough of the Premises with Landlord to establish a punch list of items (“Punch List Items”) to be completed by Landlord within a commercially reasonable period. The Punch List Items shall be limited to those components of the Tenant Improvements set forth in the Tenant Working Drawings which Landlord is obligated to complete in accordance with this Work Letter and which were not completed as of the Substantial Completion Date. As used herein, "Substantially Completed" means that the Tenant Improvements have been fully completed except for minor details of construction, mechanical adjustments or decoration which do not materially interfere with Tenant's use and enjoyment of the Premises (e.g., Punch List Items), as reasonably determined by Landlord. This Exhibit is attached to and made a part of that certain Standard Form Lease dated July 2, 2015, by and between MNCVAD-▇▇ ▇▇▇▇▇▇ CANYON, LLC, as “Landlord”, and ADEPT TECHNOLOGY, INC., a Delaware corporation, as “Tenant”, for the Premises known as ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Road, Suite 150 San Ramon, California. SPECIMEN LANGUAGE ONLY COMERICA BANK HAS PREPARED THIS SPECIMEN UPON THE REQUEST AND BASED ON THE INFORMATION PROVIDED. NO REPRESENTATION AS TO THE ACCURACY OR WILLINGNESS FOR COMMITMENT IS MADE BY COMERICA BANK TO ISSUE THIS LETTER OF CREDIT IN THIS OR ANY OTHER FORM. WHEN SIGNED, THIS EXHIBIT A WILL BECOME AN INTEGRAL PART OF THE CORRESPONDING STANDBY LETTER OF CREDIT APPLICATION AND AGREEMENT. APPROVED BY Adept Technology, Inc. APPLICANT'S SIGNATURE___________________________________________ DATE____________________________ Beneficiary: MNCVAD-▇▇ ▇▇▇▇▇▇ Canyon, LLC c/o NYL Investors, LLC ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: Asset Manager Applicant: Adept Technology, Inc. ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Specimen Date: July 2, 2015 Date and Place of Expiry: <need initial expiry date>, 2016 office of Issuing Bank or any automatically extended date, as herein defined. Amount: USD 750,000.00 (Seven Hundred Fifty Thousand and 00/100 U.S. Dollars) We hereby open our Irrevocable Standby Letter of Credit no. <<Instrument ID>> in your favor, for account of Adept Technology, Inc. for a sum not exceeding USD 750,000.00 (Seven Hundred Fifty Thousand and 00/100's U.S. Dollars) available by your draft(s) at sight o...
Punch List Items. Within twenty-one (21) days of Substantial Completion of the entire Premises, Tenant shall provide to Landlord one (1) detailed punch-list of unfinished items of the Leasehold Improvements. Upon receipt of the punch-list, Landlord shall, at Landlord’s sole cost and expense, proceed diligently to remedy such items in a professional and workmanlike manner (provided, however, that any unfinished items on such punch-list that materially and adversely affect the conduct of Tenant’s business for the Permitted Use shall be remedied by Landlord within three (3) Business Days after Landlord’s receipt of the punch-list or such additional period of time as is reasonably necessary to remedy such items), taking reasonable care in order to minimize only material and adverse interference with the operation of Tenant’s business from the Premises; provided, however, that (i) Tenant shall be responsible, at Tenant’s sole cost and expense, for the remediation of any items on the punch-list caused by Tenant’s acts or omissions and (ii) this Paragraph 9 shall not be deemed to constitute a waiver by Tenant of any warranty rights that may be afforded to Tenant by the Contractor, subcontractors and/or any manufacturers.