Practical Completion definition

Practical Completion means the completion of the Project where the building is fit for occupancy and/or purpose.
Practical Completion means the date upon which the Works are completed in accordance with the requirements of this Contract, including Condition 3 and Condition 28, apart from minor omissions or minor defects that will not unreasonably affect occupation.
Practical Completion means that stage in the execution of a Named Project when the Works have been completed in accordance with the terms of the relevant Building Contract and/or the terms of this Agreement such that the AHP Dwellings comprised within the Named Project are fit for beneficial occupation as a residential development in accordance with applicable NHBC or equivalent requirements current at the date of inspection subject only to the existence of minor defects and/or minor omissions at the time of inspection which are capable of being made good or carried out without materially interfering with the beneficial use and enjoyment of the Named Project and which would be reasonable to include in a snagging list, and Practically Complete shall be construed accordingly; Process has the meaning ascribed to it in the DPA; Procurement Law means (as the case may be):

Examples of Practical Completion in a sentence

  • In delivering the Named Projects and in operating and administering the Named Project after Practical Completion, the Grant Recipient must observe and comply with Legislation, the applicable terms of the Affordable Housing Capital Funding Guide, the Recovery Determination and the Consents.

  • The Company is deemed to have accepted the extension of time to the date for Practical Completion if the Company does not, within 14 days of the receipt of the Supplier’s notice of Practical Completion, give written notice to the Supplier of the reasons for the non-acceptance.

  • If commissioning of the Tank is stipulated by either the Supplier in the scope of works or by the Company, then such commissioning must be undertaken within 30 days of the date of Practical Completion.

  • If the Company continues to reject the Practical Completion date then clause 18 of the Agreement shall apply.

  • Unless otherwise agreed between the parties these records will form the basis of the agreed price thereby adjusting the Price and the extension of time to the date for Practical Completion.


More Definitions of Practical Completion

Practical Completion means the stage whether Building Works have been certified by the Developer that the Building Works have been completed in accordance with this contract, except for minor omissions, and the Developer has done all that is required to be done to obtain a certificate of occupancy for the Building. Resale Deed means the draft deed between the Development Manager and the Buyer provided for in clause 16 and in the form incorporated in Schedule 4, as amended from time to time. Sale Contract means the first grant contract land not ready dated on the date of this contract between the SLA as seller and the Buyer as buyer. Schedule of Furniture, Upgrades and Inclusions means the schedule set out at Schedule 2 setting out the list of Inclusions, Upgrades and Furniture to be included in the Building. Site means the land identified in Item 2 of Schedule 1.
Practical Completion means practical completion of all of the specified work notwithstanding that items which would ordinarily be considered snagging items remain outstanding, and the expression “practically complete” and “practically completed” is to be construed accordingly;
Practical Completion means when a certificate of practical completion has been issued in respect of the Project or part thereof (as the case may be), and the term "Practically Completed" shall be construed accordingly;
Practical Completion is as defined in 5.3.1.
Practical Completion means that stage in the execution of a Named Project when the Works have been completed in accordance with the terms of the relevant Building Contract and/or the terms of this Agreement such that the AHP Dwellings comprised within the Named Project are fit for beneficial occupation as a residential development in
Practical Completion means that stage in the execution of a Capital Firm Scheme when the Works have been completed in accordance with the terms of the relevant Building Contract and/or the terms of this Agreement such that the SHAP Dwellings comprised within the Capital Firm Scheme are fit for beneficial occupation as a residential dwelling in accordance with applicable NHBC, LABC or equivalent requirements current at the date of inspection subject only to the existence of minor defects and/or minor omissions at the time of inspection which are capable of being made good or carried out without materially interfering with the beneficial use and enjoyment of the Capital Firm Scheme and which would be reasonable to include in a snagging list, and Practically Complete shall be construed accordingly;
Practical Completion means that the whole or portion of the Works has reached a state of readiness, fit for the intended purpose, and occupation without danger or undue inconvenience to the Employer, although some work may be outstanding;