Substantial Completion Date and Punch List Items Sample Clauses

Substantial Completion Date and Punch List Items. The Architect shall determine the date on which the construction and installation of the Landlord Improvements are substantially completed in substantial accordance with the Final Plans, as such Final Plans may be modified by any Change Orders and Substitutions (“Substantial Completion Date”). The Architect shall certify to Landlord and Tenant, in writing, the Substantial Completion Date (“Substantial Completion Notice”). The Commencement Date shall be the date that is five (5) days after the date on which the Architect delivers the Substantial Completion Notice. Within five (5) days after the Architect delivers the Substantial Completion Notice, the parties shall inspect the Premises to determine those items, if any, that Landlord and Tenant determine to be unfinished, or improperly completed, but which do not materially impair Tenant’s use or occupancy of the Premises (the “Punch List Items”). Tenant shall be entitled to supplement the Punch List for a period of fifteen (15) days thereafter. The Punch List shall set forth a time mutually acceptable to the parties by which each item on the Punch List shall be completed or corrected. If the parties are unable to mutually agree on a time, the correction or completion period shall be thirty (30) days, unless such item is not reasonably susceptible of being corrected or completed within such time. If any Punch List Item is not completed or corrected within the time specified on the Punch List, then Landlord shall continue to be obligated to complete that item, but Tenant shall be entitled to complete or correct any such Punch List Item at any time following seven (7) days written notice to Landlord unless Landlord disputes Tenant’s claim that a Punch List Item is incomplete or improperly completed, in which case Tenant shall defer such self-help for a reasonable period while Landlord and Tenant attempt to resolve the dispute over whether a Punch List Item is incomplete or improperly completed. If Tenant corrects or completes an item on the Punch List, Landlord shall reimburse Tenant for the reasonable costs of completion or correction within twenty (20) days following a written demand by Tenant accompanied by reasonable supporting documentation. Whether or not Tenant exercises its right of self help, Landlord shall remain responsible for the prompt completion/correction of all Punch List Items in connection with the Landlord Improvement work to be performed by Landlord under this Lease. At Landlord’s request ...
Substantial Completion Date and Punch List Items. The Architect shall determine the date on which the construction and installation of the Work Items are substantially completed in substantial accordance with the Final Plans, as such Final Plans may be modified by any Change Orders and Substitutions (“Substantial Completion Date”). The Architect shall certify to Landlord and Tenant, in writing, the Substantial Completion Date (“Substantial Completion Notice”). Within five (5) days after the Architect delivers the Substantial Completion Notice, Tenant and Landlord (and the Architect, if Landlord so desires) shall inspect the Premises to determine those items, if any, that Landlord and Tenant determine to be unfinished, but which do not materially impair Tenant’s use or occupancy of the Premises (the “Punch List Items”). Tenant shall accept possession of the Tenant Improvements and Landlord shall promptly thereafter complete the Punch List Items, it being understood that Landlord shall use reasonable efforts to so complete those Punch List Items within forty-live (45) days after the

Related to Substantial Completion Date and Punch List Items

  • Substantial Completion Date Substantial Completion of the Work as defined in Article 6.1.2 of the General Conditions to the Continuing Contract for Construction Management shall be achieved by July 31, 2022.

  • Substantial Completion 9.8.1 When the Contractor considers that the Work, or a designated portion thereof which has been accepted in writing to by the State, is substantially complete as defined in Subparagraph

  • Final Completion Date Final Completion for the Work as defined in Article 6.1.3 of the General Conditions to the Continuing Contract for Construction Management shall be achieved by October 31, 2024.

  • Final Completion The full and final completion of all Work in accordance with the Contract Documents.

  • Punch List If, at any time after the Project has been Physically Completed, there shall exist any item or items requiring completion or correction, then the Developer agrees to use all reasonable diligence to complete or correct such item or items so that each conforms to the Final Plans. The parties shall make a Punch-List of the items requiring completion or correction (the "Punch List"). Each item on the Punch-List shall be assigned a reasonable value based upon the reasonable cost of completion or correction of the same or such other value as may be required by the Owner's lender ("Punch-List Amount"). The Developer shall give its written undertaking to complete each such item within forty-five (45) days (or such other period of time as is mutually agreed upon by the parties).