Examples of Substantial Completion of the Project in a sentence
Developer shall achieve Substantial Completion of the Project on the date established in Exhibit 2, subject to extension as permitted hereunder (the “Substantial Completion Deadline”).
Commencing upon Substantial Completion of the Project, Tenant will, on the first day of each month during the Term, make monthly deposits to a capital reserve fund (the “Maintenance Capital Reserve”) in an amount equal to $300.00/Residential Unit per annum, escalating each year by the increase in the Consumer Price Index for the year in question.
Upon Substantial Completion of the Project, the Premises shall be subdivided by the Declaration or otherwise in a manner reasonably satisfactory to Owner and Tenant, and Owner shall retain fee ownership of the Public Parking Replacement Component and Tenant shall convey all of its right, title and interest in and to the Public Parking Replacement Component, to Owner.
Upon Developer’s Substantial Completion of the Project, the City shall issue a Certificate of Substantial Completion stating that Developer has satisfied its obligation to complete the Project for purposes of this Agreement.
From and after Substantial Completion of the Project, Tenant shall use diligent, good faith efforts to make any excess parking spaces in the Additional Parking Component, which have not been reserved for tenants, guests, invitees, licensees or other occupants of the Retail Component or Office Component, available to the general public during non-business hours (including weekends) on commercially reasonable terms and conditions as Tenant shall determine in its reasonable discretion.