Substantial Completion of the Improvements definition

Substantial Completion of the Improvements means completion of construction of the Improvements in the Premises pursuant to the Approved Working Drawings for the Relevant Phase, with the exception of any tenant workstations and punch list items, and approval of such work as required by the relevant local authorities, including, without limitation, issuance of a temporary certificate of occupancy subject only to customary conditions that permits legal, safe occupancy of the Premises, in accordance with applicable law.

Examples of Substantial Completion of the Improvements in a sentence

  • Upon Substantial Completion of the Improvements and Closing, Buyer will be given possession of the Improvements on the Property; provided, however, that in no event shall Buyer be entitled, without the prior written consent of the Builder, to occupy any portion of the Improvements until Builder has been paid the Total Sales Price and all payments as set forth herein.

  • Developer represents and warrants that upon execution of this Agreement and at all times until Substantial Completion of the Improvements to be constructed by the Developer pursuant to the terms hereof, Broad-Park Development Corporation, Inc.

  • From the Effective Date until Substantial Completion of the Improvements, Developer hereby agrees to meet with the City and/or its agents or consultants at such intervals as Developer, the City and any such designee shall mutually agree or reasonably request, and not more frequently than monthly, to review and discuss the design, development and construction of the Improvements and the Project.

  • Notwithstanding anything in this Lease to the contrary, if the Landlord fails to achieve Substantial Completion of the Improvements by March 1, 2019 (excluding any delays caused by Tenant Delays as defined in the Work Letter), then Tenant may terminate this Lease by giving written notice to Landlord on or before March 15, 2019.

  • Tenant shall have no liability for rent under this Lease until Substantial Completion of the Improvements (such date being the “Rent Commencement Date”).

  • From the Effective Date until Substantial Completion of the Improvements and Public Infrastructure Improvements, Developer hereby agrees to meet with the UG at such intervals as Developer, the UG and any such designee of the UG shall mutually agree or reasonably request, and not more frequently than monthly, to review and discuss the design, development and construction of the Improvements and the Project.

  • The term of this Lease shall commence on the date on which the Landlord and Tenant execute and deliver this Lease (the “Commencement Date”) and shall expire on the seventy- fifth (75th) anniversary of the Substantial Completion of the Improvements (the “Term”).

  • Lessor shall deliver the Premises to County, and County shall accept the Premises, upon Substantial Completion of the Improvements (subject to Punchlist items).

  • The portion of the term from and after the Commencement Date through and until Substantial Completion of the Improvements is referred to herein as the “Construction Term”.

  • From the Effective Date until Substantial Completion of the Improvements, Developer hereby agrees to meet with the UG at such intervals as Developer, the UG, and any such designee of the UG shall mutually agree or reasonably request, and not more frequently than monthly, to review and discuss the design, development and construction of the Improvements and the Project.

Related to Substantial Completion of the Improvements

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Substantial improvement means any combination of repairs, reconstruction, rehabilitation, addition, or other improvement of a structure, taking place during any one-year period for which the cost equals or exceeds 50 percent of the market value of the structure before the “start of construction” of the improvement. This term includes structures which have incurred “substantial damage”, regardless of the actual repair work performed. The term does not, however, include either:

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

  • Substantial compliance means a level of compliance with these rules where any deficiencies pose no greater risk to resident health or safety than the potential for causing minor harm.

  • Home improvement means the remodeling, altering,

  • Tenant Improvements Defined in Exhibit B, if any.

  • Substantial alteration means an alteration that has a major impact on the architectural features, characteristics, appearance, or integrity of a structure or lot. The term does not include routine maintenance that is reasonably necessary to maintain a dealership facility in attractive condition and does not include any changes to items protected by federal intellectual property rights.

  • Tenant Improvement Work means the construction of the Tenant Improvements, together with any related work (including demolition) that is necessary to construct the Tenant Improvements.

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected.  Unsatisfactory: the Educator’s performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator’s performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.

  • Site Improvements means any construction work on, or improvement to, streets, roads, parking facilities, sidewalks, drainage structures and utilities.

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);

  • Base Building Work means the base building work for the Building as described in this Manual.

  • Project Improvements means site improvements and facilities that are:

  • Mechanical Completion means that (a) all components and systems of the Project have been properly constructed, installed and functionally tested according to EPC Contract requirements in a safe and prudent manner that does not void any equipment or system warranties or violate any permits, approvals or Laws; (b) the Project is ready for testing and commissioning, as applicable; (c) Seller has provided written acceptance to the EPC Contractor of mechanical completion as that term is specifically defined in the EPC Contract.

  • Landlord Work means the work, if any, that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”), if any, attached to this Lease as Exhibit C.

  • Construction Work means any work in connection with⎯

  • Minimum Improvements means the acquisition of land and construction of a 64-unit market rate residential apartment building and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Private Improvements means the improvements to be constructed on the Property that are not Public Improvements.

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Excavation work means the making of any man-made cavity, trench, pit or depression formed by cutting, digging or scooping;

  • Improvement completion assurance means a surety bond, letter of credit,

  • Substantial Completion Certificate means the certificate issued and approved by the Authority indicating the date upon which the Trade Contractor Work (or a designated portion thereof) is Substantially Complete.

  • Landlord’s Work means the work of constructing the Tenant Improvements.

  • Renovation means altering a facility or one or more facility components in any way, including the stripping or removal of RACM from a facility component. Operations in which load-supporting structural members are wrecked or taken out are demolitions.