Shell and Core Delivery definition
Shell and Core Delivery means completion of the improvements described on Exhibit H in all material respects in accordance with the Final Plans and Specifications (subject to Punchlist Items).
Examples of Shell and Core Delivery in a sentence
If Development Manager fails to pay the Delivery Delay Amount within thirty (30) days after Shell and Core Delivery occurs, then Owner may, without notice to Development Manager, draw upon the Letter of Credit and use the proceeds from such draw to pay Owner the Delivery Delay Amount.
Such payment, if any, (i) shall be due from Development Manager to Owner within thirty (30) days after Shell and Core Delivery occurs, (ii) shall be in addition to (and not in substitution of) any Development Manager Overrun due from Development Manager to Owner on account of any such delay and (iii) shall be subject to the limitation of liability set forth in Section 11.17(a)(ii).