Commencement and Completion Sample Clauses

Commencement and Completion. Borrower shall commence construction of the Improvements without delay after recordation of the Deed of Trust and shall complete construction of the Improvements on or before the Completion Date.

Commencement and Completion. 4.2.1 Add the following:

Commencement and Completion. 7.1 Possession of the property shall be given to the contractor on a date not later than 2 (two) years after the date of transfer of the property into the name of the employer who shall thereupon within a reasonable time begin the Works and regularly proceed with and complete the same within 290 (TWO HUNDRED AND NINETY) days following the date given above, subject to anything to the contrary herein contained and subject furthermore to any extension of time granted by the Employer. In the event of the building operations coinciding with the Builder’s holiday period in any year, then the intended period of completion within the time limit as aforesaid shall be extended by an additional 30 (THIRTY) days. 7.2 The contractor shall be entitled to receive possession of the property when he is due to commence with the works and to retain possession of the works until all agreed amounts due and payable to him under this agreement have been paid in full and all obligations of the employer in terms of this agreement have been fulfilled. 7.3 Clauses 7.1 and 7.2 are subject to the proviso that the Contractor shall not be obliged to begin the Works until: 7.3.1 Transfer of the property into the name of the Employer has occurred; 7.3.2 the necessary plan and other approvals, consent or other authority required under any law (including any statute, ordinance, by-law and/or regulation) have been obtained by the Contractor; 7.3.3 the mortgage bond, where applicable, has been granted and registered. 7.3.4 all servitudes, if any, have been registered. 7.3.5 all preconditions in terms of the agreement for the sale of the property concluded between the Developer and the Employer, concluded simultaneously herewith have been met and fulfilled. 7.4 The Employer undertakes to employ only the Contractor to erect and complete the buildings, and undertakes not to employ any other Contractor or Sub-contractor to complete the buildings without the prior written consent of the Contractor excluding however such portions of the building works as the parties may agree upon in writing. 7.5 The drawings and finishing schedules in respect of the buildings have been drawn by the Contractor’s Architect and have been submitted to the Employer who warrants that he is satisfied therewith. These drawings and finishing schedules shall be regarded as any integral part of this agreement and deemed to the incorporated herein by reference. 7.6 If necessary all drawings relating to the buildings will be s...

Commencement and Completion. Borrower will cause the construction of the Improvements to commence by the Commencement Date and to be prosecuted with diligence and continuity and will complete the same in all material respects in accordance with the Plans and Specifications for the Improvements on or before the Completion Date and within the Budget (subject to any increases in the Budget funded by additional equity contributed by Borrower or Guarantor), free and clear of liens or claims for liens for material supplied and for labor services performed in connection with the construction of the Improvements.

Commencement and Completion. 5.1 The Owner agrees to commence the Restoration Works, Landscaping Works, and Works and Utilities Requirements forthwith upon adoption of City of Kelowna Heritage Revitalization Agreement Authorization Bylaw No. 9673 and to complete all such Works no later than December 31st, 2008.

Commencement and Completion. The services performed under this Task Order shall be completed by [ _ ], 20[ ].

Commencement and Completion. The Work to be performed under this Agreement shall commence at the time as specified in the Notice to Proceed, and the Contractor shall diligently undertake the performance of the obligations as set forth in the Contract Documents to achieve Final Completion of the Work (as defined at Section 9.9

Commencement and Completion. Borrower shall cause construction of the Improvements to be prosecuted and completed in good faith, with due diligence, and without delay, subject to any Force Majeure Events; provided, however, that in all events all Improvements shall be constructed and completed prior to the applicable Lot Advance Maturity Date or applicable Home Advance Maturity Date for the subject Lot or Home for which said Improvements are being constructed. Upon demand by Lender, Borrower shall correct any defect in the Improvements or any material departure from any applicable Requirements or, to the extent not theretofore approved in writing by Lender, the applicable plans and specifications. Borrower understands and agrees that the inspection of the Improvements on behalf of Lender, the review by Lender or others acting on behalf of Lender of Draw Requests and related documents and information, the making of Advances by Lender, and any other actions by Lender will be for the sole benefit of Lender and will not be a waiver of the right to require compliance with this Section 6.9. In the event that construction of any Improvements for any Qualified Project is abandoned or halted prior to completion for any period of fifteen (15) consecutive days for any cause not a Force Majeure Event (or for any period up to, in the aggregate, ninety (90) consecutive days as a result of one or more Force Majeure Events) or otherwise beyond the reasonable control of Borrower, Contractor or any subcontractor, or not completed by the applicable maturity date, then said Qualified Project shall cease to be part of the Borrowing Base until a cure thereof shall have occurred.

Commencement and Completion. 6.1 Unless otherwise specified in this Agreement, the date of commencement of Subcontractor’s Work shall be the date of this Agreement, as first written above, unless provision is made for the date to be fixed in a notice to proceed issued by the Contractor. 6.2 The Work of this Subcontract shall be performed and completed in accordance with the Progress Schedule Requirements attached hereto as Exhibit “C”, and/or Contractor’s schedules, subject to adjustments of this Subcontract Time as provided in the Subcontract Documents, it being understood and agreed that time is of the essence of this Subcontract and any breach of same shall go to the essence thereof. 6.3 Subcontractor, in agreeing to complete the Work within the times and sequences herein mentioned, has taken into consideration and made allowances for all hindrances, delays and adverse working conditions which are or may be incident to its Work. Subcontractor acknowledges and agrees that the times allotted by the Subcontract for the performance and completion of the Work are reasonable and take into account the risks and adverse conditions assumed by Subcontractor hereunder. If, in the opinion of Contractor, Subcontractor is behind schedule in its Work or is failing, without cause, to maintain progress of its Work to conform to the general progress of all work for the Project, Subcontractor shall, at its own expense, perform any overtime work, use extra labor, and undertake all other means necessary to bring its Work back on schedule. 6.4 If Subcontractor is responsible for any delay in the prosecution or completion of any Work or causes a disruption of any time, sequence or scheduled work activity of Contractor, Owner, other subcontractors or third parties, Subcontractor shall pay Contractor for all costs and damages suffered by Contractor as a result of such delay or disruption including, without limitation, any actual or liquidated damages assessed against Contractor by the Owner. In the event that any such delay or disruption is caused by the acts, omissions or neglect of Subcontractor and the concurrent acts, omissions or neglect of Contractor, other subcontractors or third parties, Subcontractor agrees to pay Contractor a proportionate share of damages suffered, incurred by or assessed against Contractor, including assessed liquidated damages, as allocated by Contractor, in good faith, between and among Subcontractor and other responsible parties. Such sums may be deducted by Contractor from ...