Substantial Completion of the Project definition

Substantial Completion of the Project or “Substantial Completion” means that, in the opinion of the Commissioner, you have completed all Work in accordance with the Contract, except for Punch List Work, and the City is able to occupy and use the Project for the purpose intended.
Substantial Completion of the Project means that each of the following events shall have occurred with respect to the Project:
Substantial Completion of the Project means that the Project is ready for use or is being used for the purpose intended and is so certified by the Consultant;

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.


More Definitions of Substantial Completion of the Project

Substantial Completion of the Project means sufficient work has been completed showing that a financial commitment as well as the Developer’s intent and ability to satisfactorily complete each applicable Phase of the Development within the time frames established in this Agreement. The City, in its reasonable discretion, shall determine whether the Developer has Substantially Completed each phase of the development.
Substantial Completion of the Project means the completion of the Project (except for Punch List Work), in good and workmanlike condition, in compliance with all applicable requirements, and in conformance with the Approved Plans.
Substantial Completion of the Project has the meaning set out in Section 44.3; "Target Building Substantial Completion Date" has the meaning set out in Section 3.1; "Target Project Substantial Completion Date" has the meaning set out in Section 3.1; "Term" means the period commencing on the Effective Date and ending on the End Date;
Substantial Completion of the Project or “Substantial Completion” means that, in the determination of SCC, the Contractor has completed all Work in accordance with the Contract Documents, except for Punch List Work and SCC is able to occupy and use the Project for the purpose intended.
Substantial Completion of the Project means the completion of the Demolition and the construction of (i) all of the Public Improvements, and (ii) at least one hundred thousand (100,000) square feet of retail space to the condition ready for tenant improvements and tenant finish.
Substantial Completion of the Project means that, in addition to the all of the requirements for Substantial Completion of the Building as described in Section 44.2, all of the following have been achieved:
Substantial Completion of the Project is the stage in the progress of the entire Project when the entire Project is sufficiently complete in accordance with the construction contract for the entire Project so the Owner can occupy or utilize all of the work which is to be performed and completed under the construction contract for the Project and occupy and utilize the Project for its intended use. Only punchlist items with respect to the Project shall remain after such date.