Completion Events definition

Completion Events means the following events: (a) the substantial completion of the construction, development and installation of the Improvements and the performance of all other construction and development work for the Development in accordance with the Development Plan and Budget, as evidenced by a Certificate of Substantial Completion in the form of the American Institute of Architects document G704, executed by the project architect and the general contractor; (b) Landlord has received copies of all certifications and approvals with respect to the Improvements that may be required from any governmental authority and any board of fire underwriters or similar body for the use and occupancy of the Premises, including the issuance of a certificate of occupancy or similar governmental approval suitable for the Permitted Use; (c) the full performance by the general contractor(s) of all of its (their) duties and obligations under the construction contracts with regard to the Development in accordance with the Development Plan and Budget, other than those items set forth on a Punch-List prepared by the Tenant and delivered to the general contractor(s); (d) Landlord has received the general contractor’s final unconditional waiver and release of lien and final unconditional waivers and releases of liens from each subcontractor and material supplier with respect to the Improvements; (e) Landlord has received complete “as built” drawing print sets, project specifications and shop drawings and electronic CADD files on disc for the Improvements; (f) Landlord has received an as-built ALTA survey depicting the Improvements and otherwise reasonably acceptable to Landlord; (g) Landlord has received a commissioning report prepared by a licensed, qualified commissioning agent hired by Tenant and approved by Landlord for all mechanical, electrical and plumbing systems installed in connection with the Development; (h) Landlord, at Tenant’s sole cost and expense, has received an ALTA owner’s policy of title insurance with extended coverage, with liability coverage in the amount of the Construction Contribution Amount plus $925,000), affirmative coverage for any appurtenant easements to the Premises and such endorsements as Buyer may request (to the extent available), which title policy shall be issued by a title company reasonably acceptable to Landlord and shall otherwise be in form and substance reasonably acceptable to Landlord; and (i) Landlord has received such other “close out” materi...
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Completion Events means the following events: (a) the substantial completion of the construction, development and installation of the Improvements and the performance of all other construction and development work for the Development in accordance with the Development Plan and Budget, as evidenced by a Certificate of Substantial Completion in the form of the American Institute of Architects document G704, executed by the project architect and the general contractor; (b) Landlord has received copies of all certifications and approvals with respect to the Improvements that may be required from any governmental authority and any board of fire underwriters or similar body for the use and occupancy of the Premises, including the issuance of a certificate of occupancy or similar governmental approval suitable for the Permitted Use; (c) the full performance by the general contractor(s) of all of its (their) duties and obligations under the construction contracts with regard to the Development in accordance with the Development Plan and Budget, other than those items set forth on a Punch-List prepared by the Tenant and delivered to the general contractor(s); (d) Landlord has received the general contractor’s final unconditional waiver and release of lien and final unconditional waivers and releases of liens from each subcontractor and material supplier with respect to the Improvements; (e) Landlord has received complete “as built” drawing print sets, project specifications and shop drawings and electronic CADD files on disc for the Improvements; (f) Landlord has received an as-built ALTA survey depicting the Improvements and otherwise reasonably acceptable to Landlord; (g) Landlord has received a commissioning report prepared by a licensed, qualified commissioning agent hired by Tenant and approved by Landlord for all mechanical, electrical and plumbing systems installed in connection with the Development; and (h) Landlord has received such other “close out” materials as Landlord reasonably requests.
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Examples of Completion Events in a sentence

  • The Contractor shall not receive any additional compensation for unavoidable delays due to inclement or unsuitable weather, and no time extension to complete any Contractual Completion Events as defined in General Conditions, will be considered due to inclement or unsuitable weather or conditions resulting there from.

  • At this meeting, the physician shall be told that there is a concern that he or she may be impaired to the extent that it may affect his or her practice.

  • Completion Events are reported in eSubmission and instructions on this process are found in Section 2.4 of the eSubmission User Guide.

  • The aggregate purchase price for the Sale Properties (the "Sale Purchase Price") shall be the sum of Sixty Two Million Two Hundred Twenty Seven Thousand Dollars (U.S. $62,227,000), subject to adjustment in accordance with Sections 2.3 [Adjustments], 6.3 [Prorations] and 6.9 [Completion Events] below.

  • On the Completion Date, the Parties shall complete all actions set out in Schedule 9.2 (Completion Events) in the order as set out therein.

  • On Completion, the Purchaser (i) shall pay the Purchase Price to the Seller in accordance with Clauses 3.3.1 and 9.2 and Schedule 9.2 (Completion Events), and (ii) shall procure that the Company and Assembléon Netherlands B.V. are put into funds in accordance with Clauses 7.1 to 7.1.4 so that the Intercompany Loans Repayment Amount shall be satisfied in full on the Completion Date.

  • The aggregate price for the Exchange Properties (the "Exchange Price") shall be the sum of Two Hundred Thirty Million Five Hundred Twenty Five Thousand Dollars (U.S. $230,525,000), subject to adjustment in accordance with Sections 2.3 [Adjustments], 6.3 [Prorations] and 6.9 [Completion Events] below.

  • All actions to be completed by the Parties after the Completion Date are set out in Schedule 3 (Post Completion Events).

  • UNIFEM Project Completion Events at Habitat Center, in Delhi (17 September 2009) Objective: Trained gender advocates presented their ideas around WRZ to invited panelist Outcomes: more than 45 gender Resource rights advocates trained themselves on initiatives of SAFP to work on women resource rights agenda within their sphere of influence.

  • Neither these two can be handled sequentially.The last dependency is between Command Completion Events and Transfer Events, forming a de- pendency triangle.

Related to Completion Events

  • Termination Events means each of the events specified in Clause 10.3 of this Contract.

  • Additional Disruption Event means any of Change in Law, Hedging Disruption and/or Increased Cost of Hedging.

  • Milestone Events has the meaning set forth in Section 3.3 (Milestone Payments).

  • Rejection Event means, in respect of the Benchmark, the relevant competent authority or other relevant official body rejects or refuses or will reject or refuse any application for authorisation, registration, recognition, endorsement, equivalence, approval or inclusion in any official register which, in each case, is required in relation to the Securities, the Benchmark or the administrator or sponsor of the Benchmark under any applicable law or regulation for the Issuer or any other entity to perform its obligations in respect of the Securities.

  • Acquisition Event means a merger or consolidation in which the Company is not the surviving entity, any transaction that results in the acquisition of all or substantially all of the Company’s outstanding Common Stock by a single person or entity or by a group of persons and/or entities acting in concert, or the sale or transfer of all or substantially all of the Company’s assets.

  • Severe Disruption Event means any event specified as such in the Final Terms.

  • Exclusion Event means an event or related events resulting in the exclusion of the Borrower or any Subsidiary from participation in any Medical Reimbursement Programs.

  • Put Option Event means a Change of Control Event.

  • Triggering Events means each of the following events:

  • Company Event of Default bears the meaning ascribed thereto in Section 13.1; “Company Notice of Default” bears the meaning ascribed thereto in Section 13.2;

  • Settlement Disruption Event means each of the following events, as determined by the Calculation Agent in its sole discretion acting in good faith and in a commercially reasonable manner:

  • Servicer Termination Events (or any analogous term under the Lead Securitization Servicing Agreement) include customary market termination events with respect to failure to make advances, failure to timely remit payments to the Non-Lead Note Holders as required hereunder or under the Lead Securitization Servicing Agreement (subject to no more than one business day grace period), failure to timely deposit amounts into any REO Account or to remit to a Servicer for deposit into a related collection or custodial account, failure to deliver (or cause to be delivered) materials or information required in order for each Non-Lead Note Holder or each Non-Lead Depositor to timely comply with its obligations under the Exchange Act, the Securities Act and Form SF-3, and for rating agency downgrades or other triggers with respect to any certificates issued in connection with a Non-Lead Securitization, subject to customary grace periods (provided that, in the case of failures related to the securities laws, such grace periods will not cause a Non-Lead Depositor to fail to comply with the applicable provisions of such securities laws). Upon the occurrence of such a Servicer Termination Event with respect to the Master Servicer affecting a Non-Lead Securitization Note Holder and the Master Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Master Servicer shall be required, upon the direction of such Non-Lead Securitization Note Holder, to appoint a subservicer with respect to such Non-Lead Securitization Note. Upon the occurrence of a Servicer Termination Event with respect to the Special Servicer affecting a Non-Lead Securitization Note Holder and the Special Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Trustee shall, upon direction of such Non-Lead Securitization Note Holder, terminate the Special Servicer with respect to, but only with respect to, the Mortgage Loan;

  • Termination Event means an Illegality, a Tax Event or a Tax Event Upon Merger or, if specified to be applicable, a Credit Event Upon Merger or an Additional Termination Event.

  • Notification Event means (a) the occurrence of a “reportable event” described in Section 4043 of ERISA for which the 30-day notice requirement has not been waived by applicable regulations issued by the PBGC, (b) the withdrawal of any Loan Party or ERISA Affiliate from a Pension Plan during a plan year in which it was a “substantial employer” as defined in Section 4001(a)(2) of ERISA, (c) the termination of a Pension Plan, the filing of a notice of intent to terminate a Pension Plan or the treatment of a Pension Plan amendment as a termination, under Section 4041 of ERISA, if the plan assets are not sufficient to pay all plan liabilities, (d) the institution of proceedings to terminate, or the appointment of a trustee with respect to, any Pension Plan by the PBGC or any Pension Plan or Multiemployer Plan administrator, (e) any other event or condition that would constitute grounds under Section 4042(a) of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan, (f) the imposition of a Lien pursuant to the IRC or ERISA in connection with any Employee Benefit Plan or the existence of any facts or circumstances that could reasonably be expected to result in the imposition of a Lien, (g) the partial or complete withdrawal of any Loan Party or ERISA Affiliate from a Multiemployer Plan (other than any withdrawal that would not constitute an Event of Default under Section 8.12), (h) any event or condition that results in the reorganization or insolvency of a Multiemployer Plan under Sections of ERISA, (i) any event or condition that results in the termination of a Multiemployer Plan under Section 4041A of ERISA or the institution by the PBGC of proceedings to terminate or to appoint a trustee to administer a Multiemployer Plan under ERISA, (j) any Pension Plan being in “at risk status” within the meaning of IRC Section 430(i), (k) any Multiemployer Plan being in “endangered status” or “critical status” within the meaning of IRC Section 432(b) or the determination that any Multiemployer Plan is or is expected to be insolvent or in reorganization within the meaning of Title IV of ERISA, (l) with respect to any Pension Plan, any Loan Party or ERISA Affiliate incurring a substantial cessation of operations within the meaning of ERISA Section 4062(e), (m) an “accumulated funding deficiency” within the meaning of the IRC or ERISA (including Section 412 of the IRC or Section 302 of ERISA) or the failure of any Pension Plan or Multiemployer Plan to meet the minimum funding standards within the meaning of the IRC or ERISA (including Section 412 of the IRC or Section 302 of ERISA), in each case, whether or not waived, (n) the filing of an application for a waiver of the minimum funding standards within the meaning of the IRC or ERISA (including Section 412 of the IRC or Section 302 of ERISA) with respect to any Pension Plan or Multiemployer Plan, (o) the failure to make by its due date a required payment or contribution with respect to any Pension Plan or Multiemployer Plan, (p) any event that results in or could reasonably be expected to result in a liability by a Loan Party pursuant to Title I of ERISA or the excise tax provisions of the IRC relating to Employee Benefit Plans or any event that results in or could reasonably be expected to result in a liability to any Loan Party or ERISA Affiliate pursuant to Title IV of ERISA or Section 401(a)(29) of the IRC, or (q) any of the foregoing is reasonably likely to occur in the following 30 days.

  • Project Milestones means the project milestones set forth in Schedule-G;

  • Disruption Event means either or both of:

  • Step Down Conditions As of any Distribution Date on which any decrease in any Senior Prepayment Percentage may apply, (i) the outstanding Principal Balance of all Mortgage Loans 60 days or more Delinquent (including Mortgage Loans in REO and foreclosure), averaged over the preceding six month period, as a percentage of the aggregate of the Class Certificate Principal Balances of the Classes of Subordinate Certificates on such Distribution Date, does not equal or exceed 50% and (ii) cumulative Realized Losses with respect to all of the Mortgage Loans do not exceed: · for any Distribution Date on or after the seventh anniversary until the eighth anniversary of the first Distribution Date, 30% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the eighth anniversary until the ninth anniversary of the first Distribution Date, 35% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the ninth anniversary until the tenth anniversary of the first Distribution Date, 40% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the tenth anniversary until the eleventh anniversary of the first Distribution Date, 45% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, and · for any Distribution Date on or after the eleventh anniversary of the first Distribution Date, 50% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date.

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Default under Specified Transaction provisions of Section 5(a)(v) will not apply to Party A and will not apply to Party B.

  • Benchmark Transition Event means the occurrence of one or more of the following events with respect to the then-current Benchmark:

  • Milestone Event has the meaning set forth in Section 8.4.

  • Fund Disruption Event means any of the following events, as determined by the Determination Agent in its reasonable discretion:

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Valuation Event means an event in which the Company at any time during a Valuation Period takes any of the following actions:

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • FX Disruption Event ' means the occurrence of any event on any day or any number of consecutive days as determined by the Calculation Agent in its sole and reasonable discretion that affects the Issuer’s currency hedging (if any) with respect to the Products.