Actual Substantial Completion Date means the date on which the Landlord’s Work (other than the Remaining Landlord’s Work (as defined below)) is substantially completed, as hereinafter defined, such that Tenant may, subject to completion of Tenant’s Work and installation of Tenant’s furniture, fixtures and equipment, and obtaining a certificate of occupancy, lawfully use and occupy the Premises (collectively, the “Substantial Completion Conditions”).
Actual Substantial Completion Date means the date upon which Substantial Completion of the Lessor Work occurs.
Actual Substantial Completion Date means the date on which: (i) the Tenant Improvement Work is substantially completed, as hereinafter defined, (ii) a temporary or permanent certificate of occupancy (“Certificate of Occupancy”) has been Approved for Issuance (as hereinafter defined) by the City of Cambridge, (iii) the Essential Base Building Work, as defined in Paragraph (F) of this Section 4.4, has been substantially completed, and (iv) Landlord's Architect has provided an AIA certificate of substantial completion for the Base Building Work. As used herein, “Approved for Issuance” shall mean, in the case of a Building Permit, that payments required to be paid by Landlord to issue a Building Permit have been paid and all Permits and Approvals and other governmental approvals necessary to allow Landlord to lawfully commence the work for which such permit is sought have been granted, and in the case of an occupancy permit, that all approvals necessary to allow Tenant to legally occupy and, subject to any operating permits or other operational permits required in connection therewith for other than business offices (which shall be Tenant’s obligation to obtain), use the Premises for the Permitted Uses have been granted. In the event Landlord obtains a temporary certificate of occupancy (“TCO”), any conditions to such TCO shall not materially adversely affect Tenant’s use of the Premises and shall be subject to Tenant’s written approval, which shall not be unreasonably withheld, conditioned or delayed, and Landlord shall perform all work required by any such conditions within the time frame(s) required by such TCO, provided that such work is part of Landlord’s Work hereunder. In the event that Landlord obtains a TCO, it shall be Landlord’s obligation to obtain and deliver to Tenant a permanent Certificate of Occupancy within the time period set forth in the TCO, as the same may be amended (or, if no time period is set forth in the TCO, as soon as reasonably practicable thereafter). Any dispute with respect to the Actual Substantial Completion Date, the Substantial Completion Date (as hereinafter defined), the Commencement Date, any Tenant Delay, any Force Majeure related to this Article IV, any Landlord Delay, or the performance of Landlord’s Work or the Tenant Design Work under this Article IV shall be submitted to arbitration in accordance with Section 4.9 of this Lease and the decision of the arbitrators as to such dates and events shall be deemed conclusive and binding on both Landlord and ...
Examples of Actual Substantial Completion Date in a sentence
In the event that, subject to Excused Delays, the Project Improvements are not Substantially Completed by the date which is 180 days after the Scheduled Substantial Completion Date (the "Second Delayed Scheduled Substantial Completion Date"), then, in addition to the abatement of Base Rent under the immediately preceding sentence, all Base Rent hereunder shall xxxxx for one additional day for each day from the Second Delayed Scheduled Substantial Completion Date to the Actual Substantial Completion Date.
If Landlord desires to make changes to the Layout after the issuance of the Zoning Permits but prior to the Actual Substantial Completion Date, the provisions of Section 4.3(D) below shall apply.
Landlord shall, within ninety (90) days after the Actual Substantial Completion Date, deliver to Tenant record drawings, in CAD format, reflecting the “as-built” condition of Landlord's Work.
The penalties largely are defined by domestic legal codes, and so will depend on the countries whose laws may apply, and the nature of the incident.
Select the Actual Substantial Completion Date from the calendar to update the Milestone.
More Definitions of Actual Substantial Completion Date
Actual Substantial Completion Date shall be defined as the date on which the Landlord’s Work for each Premises Component has been Substantially Completed. “Substantial Completion” and “Substantially Completed” shall each mean the date on which the Landlord’s Work for each Premises Component has been completed except for so-called “punch-list” items of work and adjustment of equipment and fixtures the incompleteness of which do not cause material interference with Tenant’s use of the Premises Component for the Permitted Uses. After Substantial Completion, Landlord shall proceed diligently to complete all “punch-list” items within thirty (30) days after the occurrence of Substantial Completion (except for long-lead items or items which can only be performed during certain seasons or weather, which items shall be completed diligently as soon as the season and/or weather permits).
Actual Substantial Completion Date with respect to Landlord’s Work shall be defined as the date on which (i) the Landlord’s Work has been Substantially Completed, and (iii) the issuance of a temporary or permanent Certificate of Occupancy by the appropriate City of Boston authority permitting the use of the Premises by Tenant. If Landlord obtains a temporary Certificate of Occupancy, Landlord shall use diligent efforts to satisfy any conditions to such temporary Certificate of Occupancy and to obtain a permanent Certificate of Occupancy with an reasonable period of time. Landlord shall give Tenant at least forty-eight (48) hours prior written notice of the Actual Substantial Completion Date.
Actual Substantial Completion Date means the date on which Substantial Completion occurs.
Actual Substantial Completion Date means the date on which: (i) the Essential Base Building Work, as hereinafter defined, is substantially completed, as hereinafter defined, (ii) all governmental inspections for occupancy of the base building have been successfully completed and a temporary certificate of occupancy for the base building core and shell has been authorized for issuance by the applicable governmental authority such that Tenant may, subject to completion of Tenant’s Work and installation of Tenant’s furniture, fixtures and equipment, lawfully use and occupy the Premises, and (iii) Landlord’s architect has issued a Certificate of Substantial Completion relating thereto (collectively, the “Substantial Completion Conditions”). Any dispute with respect to the occurrence of the Commencement Date, the Tenant Access Date, the Interim Conditions Completion Date, the Substantial Completion Date, the Rent Commencement Date, any Tenant Delay, any Landlord Delay, the performance of Landlord’s Work or the payment of Landlord’s Contribution under this Exhibit B shall be submitted to arbitration in accordance with Section 4.0 of this Exhibit B, and the decision of the arbitrators as to such dates and events shall be deemed conclusive and binding on both Landlord and Tenant. Nothing contained in this paragraph shall limit or qualify or prejudice any other covenants, agreements, terms, provisions and conditions contained in this Lease.
Actual Substantial Completion Date with respect to any Building shall be defined as the date on which: (i) the portion of Landlord's Work to be performed with respect to such Building is substantially complete, other than Punch List Items, as hereinafter defined, and (ii) subject to Paragraph G of this Section 4.0, Landlord has obtained a certificate of occupancy permitting Tenant to legally occupy such Building, and (iii) the portion of Landlord's Work to be performed with respect to the Garage is substantially complete, other than Punch List Items, and (iv) subject to Paragraph G of this Section 4.0, Landlord has obtained a certificate of occupancy ("Garage Certificate of Occupancy") permitting Tenant to legally use the Garage. Any dispute with respect to any Substantial Completion Date shall be submitted to arbitration in accordance with Section 16.32 of the Lease and the decision of the arbitrators as to such dates shall be deemed conclusive and binding on both Landlord and Tenant. Nothing contained in this paragraph shall limit or qualify or prejudice any other covenants, agreements, terms, provisions and conditions contained in this Lease.
Actual Substantial Completion Date means either (a) the date a Certificate of Occupancy is issued for the Suite 350 Premises, or (b) if the City or other appropriate authority does not require that a Certificate of Occupancy or other similar document be issued for the Suite 350 Premises, the date that Tenant is reasonably able to occupy and use the Suite 350 Premises for its intended purposes, regardless of whether such date was delayed by Tenant Delay or other Force Majeure.
Actual Substantial Completion Date shall be the date on which Landlord’s Work is Substantially Completed. The “Substantial Completion Date” shall be the Actual Substantial Completion Date, unless Landlord’s Work is delayed by Tenant Delays, in which event the Substantial Completion Date shall be the date that the Actual Substantial Completion Date would have occurred but for such Tenant Delay. Landlord anticipates that Landlord’s Work will be Substantially Complete by not later than the date which is the later of (x) the Commencement Date and (y) the date which is ten (10) months after the Delivery Date (the “Scheduled Substantial Completion Date”), subject to delays due to Force Majeure or attributable to Tenant Delay as set forth herein.