REPORTING; UPDATING PROJECT DEVELOPMENT SCHEDULE Sample Clauses
REPORTING; UPDATING PROJECT DEVELOPMENT SCHEDULE. (a) Landlord shall provide to Tenant each month a report and update (the "Status Report"), in both narrative and diagrammatic form consistent with Landlord's customary reporting methodology for the Project: (i) describing in reasonable detail the progress of all material pre-construction and construction activities; (ii) summarizing Landlord's progress toward each Project Milestone; and (iii) identifying any reasonably foreseeable and probable events or circumstances that might cause development of the Project to fall behind schedule. Landlord also shall provide Tenant with minutes from all pre-construction and construction-phase meetings with the Contractor and TI Contractor. Appropriate representatives of Landlord and Tenant shall meet monthly to review the Status Report, coordinate their respective roles and performance, and consider steps that might advance their mutual interests.
(b) Landlord may modify the Project Development Schedule from time to time if necessary or appropriate as the Project progresses, subject to Tenant's approval which shall not be unreasonably withheld or delayed so long as no Outside Termination Date (as set forth in Section 6.4 of this Rider) would be extended. If an Outside Termination Date would be extended by a proposed modification to the Project Development Schedule, Tenant may grant or withhold its approval as it may elect in its sole discretion.
