Beneficial Occupancy definition

Beneficial Occupancy means the condition after Substantial Completion but prior to Final Completion of the Project at which time the Project, or portion thereof, is sufficiently complete and systems operational such that the Owner could, after obtaining necessary approvals and certificates, occupy and utilize the space for its intended use. Guarantees and warranties applicable to that portion of the Work begin on the date the Owner accepts the Project, or a portion thereof, for such Beneficial Occupancy, unless otherwise specified in the Supplemental General Conditions or by separate agreement.

Beneficial Occupancy means when the City takes possession of and operates the Work (or portions of the Work) for its intended purposes.

Beneficial Occupancy means the stage of construction before Final Acceptance at which the Lessee does occupy the building, structure or facility, or a portion thereof, for the purpose it was constructed.

Examples of Beneficial Occupancy in a sentence

• Contractor shall obtain and pay for reproducible plans upon Beneficial Occupancy.

• The District may, at its sole discretion, have Beneficial Occupancy or use of any completed or partially completed portion of the Project at any stage.

• Any dispute as to responsibilities shall be resolved pursuant to the Disputes and Claims provisions herein, with the added provision that during the dispute process, the District shall have the right to Beneficial Occupancy or use any portion of the Project that it needs or desires to use.

• In no event shall a Project be certified as substantially complete until at least 90% of the Work has been completed and accepted by the Department and is capable of Beneficial Occupancy.

• The capital costs (including capitalized interest) of any Capital Improvement project subject to this Article shall not be included in the Airline Rate Bases until its Date of Beneficial Occupancy.

More Definitions of Beneficial Occupancy

Beneficial Occupancy means the date Concessionaire Tenant commences full business operations.

Beneficial Occupancy means the City’s occupancy or use of any part of the Work in accordance with Article 9.

Beneficial Occupancy means the date an agency can take possession of or occupy a facility for its intended purpose.

Beneficial Occupancy means the utilization by Ordering Company of Work constructed by Supplier before Final Acceptance.

Beneficial Occupancy means HACLA’s right, at its option and convenience, to occupy or otherwise make use of all or any part of the Work, at any time prior to Substantial Completion, upon 7 days’ notice to Contractor.

Beneficial Occupancy means the occupancy of an uncompleted but functionally usable building, structure, or facility for its intended purpose under circumstances that are advantageous to the occupant and which produce relatively little interference with the Contractor in completing construction or alterations. Prior to occupancy by the user, a written agreement between the Contractor and Sandia is executed, listing deficiencies, remaining work, and other conditions of occupancy that must be consummated.

Beneficial Occupancy. City's right, at its option and convenience, to occupy or otherwise make use of all or any part of the Work prior to either Substantial Completion, Final Completion, or Acceptance. BRIDGING DOCUMENTS: The preliminary design or performance specifications and drawings plans provided by the City’s Design Consultant and made part of the Contract Documents. CERTIFICATE FOR PAYMENT: The form for approval by the Construction Manager of DBT's Application for Payment. CHANGE: Additions, deletions, or other modifications to the Work, which may or may not involve Extra Work and which may or may not involve an adjustment (increase or decrease) to the Contract Sum or the Contract Time under the terms of the Contract Documents.