Punch List Items Sample Clauses

Punch List Items. Following the issuance of the final Architect Certificate, MPT, with the cooperation and assistance of the Adeptus Parties, may, within seven (7) Business Days after receipt of the final Architect Certificate, inspect the Property and Improvements and prepare punch lists (each a “Punch List”) setting forth all incomplete, defective or other items of construction not in conformity with the Plans and Specifications and if MPT delivers any such Punch List, the Developer, with the cooperation and assistance of the Adeptus Parties, shall cause all such items to be completed 21 or corrected within ninety (90) days after receipt of such Punch List. If ninety (90) days is an insufficient period of time in which to complete or correct any Punch List item, the Developer may request one or more thirty (30) day extensions of said 90-day period, which extensions MPT shall grant so long as the Developer and the Adeptus Parties are working and continue to work in good faith and diligently pursue the completion and correction thereof. In the event such items are not completed within the ninety (90) day period, or the extended period of time, as applicable, MPT may complete or correct any or all of such items and the Adeptus Parties, jointly and severally (subject to the Guaranty Limitation), shall reimburse MPT for the cost thereof within thirty (30) days after receipt from MPT of written demand for such payment, with interest thereon computed at the Overdue Rate from the date of demand to the date of payment. In the event the Adeptus Parties fail to reimburse MPT for such cost and interest within such thirty (30) day period, such failure shall constitute an Event of Default and MPT shall be entitled to pursue any remedies available against the Adeptus Parties provided herein or at law or in equity.
AutoNDA by SimpleDocs
Punch List Items. The miscellaneous items in the scope of the Project that are not required for the Project to be operational and that remain to be completed by DESIGN/BUILDER after Substantial Completion and before Final Completion.
Punch List Items. Upon Substantial Completion of the Venue Improvements (including the Air Rights Infrastructure), City shall provide notice thereof to Club and BSD. Club Representative, BSD Representative and City Representative shall schedule a time to meet within thirty (30) Business Days thereafter to inspect the Venue and for Club to prepare a “punch-list” of items that are reasonably required to be completed or repaired prior to Final Completion of the Venue Improvements. The Contractor shall complete, or cause to be completed, all reasonable punch-list items relating to the Air Rights Infrastructure within thirty
Punch List Items. Borrower shall complete all Punch List Items no later than one hundred twenty (120) days following the date on which Completion of the Construction Work occurs (subject to reasonable extensions if Borrower is diligently pursuing the completion of such Punch List Items), or such earlier date as required under the School Unit Purchase Agreement.
Punch List Items. Within 30 days after Substantial Completion of the Project Improvements, Landlord and Tenant shall inspect the Project Improvements and develop a list of items which were not properly completed by Landlord in material accordance with this Lease and the Construction Plans (the "Punch List Items"). Landlord and Tenant shall use their respective good faith reasonable efforts to agree on a mutually convenient date for such inspection and development of the list of the Punch List Items (the "Punch List"). Landlord shall thereafter promptly commence material completion of the Punch List Items within 30 days after the Punch List has been finalized, and shall continue to pursue such completion with commercially reasonable diligence and speed, but no later than 60 days after the Punch List has been finalized (subject to Excused Delays).
Punch List Items. The term "Punch List Items" shall mean details of construction, decoration, and mechanical adjustment which in the aggregate, are minor in character and do not materially interfere with the Tenant's use or enjoyment of the Premises. Prior to the Commencement Date, Tenant and Landlord shall inspect the Premises and prepare a mutually agreed upon list of Punch List Items. Punch List Items shall be completed by Landlord within thirty (30) days after Substantial Completion.
Punch List Items. Notwithstanding anything contained herein to the contrary, Tenant's occupancy of the Premises shall not constitute acceptance thereof and shall not constitute the occurrence of the Delivery Date until all requirements of the Delivery Date shall have occurred. As soon as practicable, Tenant shall provide Landlord with a list of minor punch list items (the "Punch List Items") which Punch List Items shall not impair Tenant's ability to open and operate in the Premises, adversely effect the use and/or occupancy of the building or other improvement and will not hinder or delay Tenant's fixturization and preparation for Tenant's intended use thereof. Landlord shall, with reasonable diligence, commence to complete or correct the Punch List items promptly after receipt hereof (not to exceed thirty (30) days). Nothing herein shall be deemed to diminish Landlord's obligation to make any repairs, maintenance and replacements (including, without limitation, remedying any latent defects in Landlord's Work) as set forth in the Lease.
AutoNDA by SimpleDocs
Punch List Items. Lessee shall cause all punch list items respecting each Property to be completed in a good and workmanlike manner within one hundred twenty (120) days of the Completion Date for such Property.
Punch List Items. Upon notice from Landlord that the Tenant ---------------- Improvements have been completed in accordance With the Final Plans, subject only to correction or completion of "Punch List" items (which Punch List Items shall be limited to minor items of incomplete or defective work or materials or mechanical maladjustments that are of such a nature that they do not materially interfere with or impair Tenant's use of the Premises for Tenant's business) Landlord and Tenant shall tour the Premises and prepare a joint list of Punch List Items. Landlord shall cause Landlord's Contractor to complete the Punch List items as soon as reasonably possible.
Punch List Items. This Section 19.8 shall apply to any Punch List Items outstanding at Phase 2 Work Completion,
Time is Money Join Law Insider Premium to draft better contracts faster.