Commencement and Completion Sample Clauses

Commencement and Completion. 3.1 The Owner agrees to commence the Development, the Landscaping Works, and the Works and Utilities Requirements outlined in this agreement, forthwith upon adoption of City of Kelowna Heritage Revitalization Agreement Authorization Bylaw No. 9057 and to complete the above no later than one year following the adoption of Bylaw No. 9057.
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Commencement and Completion. The Work shall commence on _______________, 20__ and shall be complete in accordance with this Agreement without delay on ______________, 20__. The term “day”, used throughout this Agreement, refers to calendar days. Contractor shall not be entitled to any additional compensation for any Permitted Delays. If this Agreement is not signed and returned to the Owner before any work commences, this Agreement will be considered as accepted as presented to the Contractor.
Commencement and Completion. Borrower shall cause construction of the Improvements to be prosecuted and completed in good faith, with due diligence, and without delay, subject to any Force Majeure Events; provided, however, that in all events all Improvements shall be constructed and completed prior to the applicable Lot Advance Maturity Date or applicable Home Advance Maturity Date for the subject Lot or Home for which said Improvements are being constructed. Upon demand by Lender, Borrower shall correct any defect in the Improvements or any material departure from any applicable Requirements or, to the extent not theretofore approved in writing by Lender, the applicable plans and specifications. Borrower understands and agrees that the inspection of the Improvements on behalf of Lender, the review by Lender or others acting on behalf of Lender of Draw Requests and related documents and information, the making of Advances by Lender, and any other actions by Lender will be for the sole benefit of Lender and will not be a waiver of the right to require compliance with this Section 6.9. In the event that construction of any Improvements for any Qualified Project is abandoned or halted prior to completion for any period of fifteen (15) consecutive days for any cause not a Force Majeure Event (or for any period up to, in the aggregate, ninety (90) consecutive days as a result of one or more Force Majeure Events) or otherwise beyond the reasonable control of Borrower, Contractor or any subcontractor, or not completed by the applicable maturity date, then said Qualified Project shall cease to be part of the Borrowing Base until a cure thereof shall have occurred.
Commencement and Completion. 7.1 Possession of the property shall be given to the contractor on a date not later than 2 (two) years after the date of transfer of the property into the name of the employer who shall thereupon within a reasonable time begin the Works and regularly proceed with and complete the same within 290 (TWO HUNDRED AND NINETY) days following the date given above, subject to anything to the contrary herein contained and subject furthermore to any extension of time granted by the Employer. In the event of the building operations coinciding with the Builder’s holiday period in any year, then the intended period of completion within the time limit as aforesaid shall be extended by an additional 30 (THIRTY) days.
Commencement and Completion. Borrower will cause the construction of the Improvements to commence by the Commencement Date and to be prosecuted with diligence and continuity and will complete the same in all material respects in accordance with the Plans and Specifications for the Improvements on or before the Completion Date and within the Budget (subject to any increases in the Budget funded by additional equity contributed by Borrower or Guarantor), free and clear of liens or claims for liens for material supplied and for labor services performed in connection with the construction of the Improvements.
Commencement and Completion. The Contractor shall commence the Work upon receipt of the written Notice to Proceed, as defined in Section 01100 of the Specifications, from the Owner and shall achieve substantial completion of the Work, as defined in Section 01100 of the Specifications. The Contractor warrants that it will deliver the Project to the Owner free from any and all mechanics’ liens or other encumbrances. Contractor further agrees to promptly (which is defined for purposes of this paragraph as no more than three (3) days from receipt of any lien or other notice) notify the Owner of the existence of any and all mechanics’ liens filed by any subcontractors, materialmen, suppliers or sub- subcontractors. If any mechanics’ liens are filed, Contractor shall, at its expense, bond off any such mechanics’ liens within three (3) days from receipt of a written request of Owner to do so. Time is of the essence, and the substantial completion date may be altered only as provided in this Contract. Substantial completion shall occur when the Work is sufficiently complete in accordance with the Contract Documents, so the Owner can occupy or utilize the Work for its intended use, and when only minor punch list work remains to be done and a certificate of occupancy has been issued. The Owner will, upon written request of the Contractor, issue a certificate establishing the substantial completion date at any time after substantial completion has occurred.
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Commencement and Completion. Borrower shall commence construction of each Home within thirty (30) days after the applicable Deed of Trust is recorded in the appropriate records of the county where such Home is located and diligently pursue its completion without cessation until the Home is fully completed except due to acts of God.
Commencement and Completion. 5.1 The Owner agrees to commence the maintenance works forthwith upon the adoption of this Heritage Revitalization Agreement Authorization Bylaw to continue a minimum standard of maintenance that will prevent deterioration of the building.
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