Outstanding Works definition
Examples of Outstanding Works in a sentence
The Schedule shall be signed by both parties and in consultation with each party’s professional advisers, the parties shall agree: the cost of carrying out the Outstanding Works; and the programme for completion of the Outstanding Works.
The parties may agree (but are under no obligation to do so) that the Tenant may procure the carrying out of the Outstanding Works in place of the Landlord but otherwise the Landlord will remain responsible for completing the Outstanding Works in accordance with this agreement.
The installation of electrical power supplies as detailed in the Landlord’s Works as is required to operate the Main Site in accordance with the terms of the Lease and the Outstanding Works.
In the event of minor works that are not completed but which do not affect the safe departure of the Vessel ("Outstanding Works"), the Mechanical Completion Certificate shall be signed with an agreed punch list of the Outstanding Works, which shall be subsequently completed by the Contractor within a mutually agreed time frame after Redelivery provided that the Owner grants the Contractor reasonable access and facilities.
The Contractor shall carry out such rectification and/or maintenance work notified pursuant to Clause 79.3.1 (Results of Survey) (the "Outstanding Work”) in order to reach the Required Standard within the period specified and any costs it incurs in carrying out the Outstanding Works shall be at its own expense.
The Tenant and the Tenant’s advisers shall be entitled to make representations in relation to such Snagging Works, Outstanding Works and/or the Security Package works to which the Landlord shall ensure the person responsible for accepting completion of such works has due regard (but shall not be bound by).
During such conveyance and on-site on the first port of call in China or an alternative location in each case to be agreed upon between the Buyer and the Builder, the Buyer shall at its own cost and expense provide the Builder and the Builder’s subcontractors and suppliers appropriate board and lodging onboard the Ship in each case in order to enable them to carry out the Outstanding Works in an appropriate manner.
This Outstanding Works Agreement is agreed entirely without prejudice to the BUYER’s rights under Article IX.
If the Seller then still has not provided all the missing documents, the Purchaser is entitled to claim an amount equal to the costs of producing the missing documents from the EUR 250,000 exclusive of VAT allocated under the Outstanding Works escrow.
The BUYER shall in turn allow the BUILDER and its personnel such access as may be reasonably required on board the Vessel to complete the Outstanding Works.