Common use of Punch List Items Clause in Contracts

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.