Completion of the Development Clause Samples

The 'Completion of the Development' clause defines the requirements and conditions that must be met for a development project to be considered finished under the contract. It typically outlines the standards of work, necessary inspections, and any documentation or certifications required to confirm completion. For example, it may specify that all construction must pass final inspections and obtain occupancy permits before being deemed complete. This clause ensures both parties have a clear understanding of when obligations related to the development end, reducing disputes over whether the project has been properly finished.
POPULAR SAMPLE Copied 1 times
Completion of the Development. Subject to Section 10.3 below, the Developer must diligently prosecute to completion the construction of the Development no later the date set forth in the Schedule of Performance but in no event more than thirty (30) months after Close of Escrow and subject to the provisions of Section 10.3.
View Source
Completion of the Development. The Developer shall diligently prosecute to completion the construction of the Development within the time periods set forth in the Development Schedule. As between the Developer and the City, the Developer shall bear all costs and expenses to complete, or cause the completion of, the Development within the time period set forth in the Development Schedule, including, but not limited to, any cost overruns, or any change orders (regardless of the City's approval of any change order) for the Development.
View Source
Completion of the Development. It is a condition, amongst others, under the Development Agreement that the JV Company shall procure the issuance of all occupation permits in respect of the Development, or where such occupation permits are not applicable, relevant acknowledgement issued by the Building Authority (as defined in the Buildings Ordinance (Chapter 123 of the Laws of Hong Kong)), or where such acknowledgement are not applicable, certificates certifying the completion of all parts of the Development in accordance with the conditions set out under the government grant of the Lot and related development documents, on or before 31 December 2022.
View Source
Completion of the Development. The Developer shall use commercially reasonable efforts to cause construction of the Development and related Public Infrastructure to be completed. The first payment date of TIRZ #2 Revenues under this Agreement will be a date after the Actual Completion Date that is mutually agreed upon in writing by Developer, TIRZ #2 and the City (the "First Payment Date").
View Source
Completion of the Development. PART2 AFFORDABLE HOUSING 1 1 Thirty five percent (35 ) of the Dwellings shall be provided as Affordable Housing Units comprising 4 x 1 bedroom 2 person flats; 1 x 2 bedroom 4 person house; 1 x 2 bedroom 4 person house and 1 x 3 bedroom 5 person house and shall be made available as Affordable Rented Housing/Shared Ownership as follows unless otherwise agreed in writing with the District Council:
View Source
Completion of the Development. Subject to a Force Majeure event described in Section 10.3 below, the Developer must diligently prosecute to Substantial Completion the construction of the Development no later the date set forth in the Development Schedule but in no event more than three (3) years after Close of Escrow. For the purposes of this Agreement, “Substantial Completion” shall be deemed to have occurred when construction has been completed (subject only to punch list items) such that the Development is ready for occupancy and the life safety systems, as applicable, have been installed and are functional.
View Source
Completion of the Development 
View Source

Related to Completion of the Development

  • Completion of the Work The Contractor must obtain Material Completion as defined in Section 6.1.2 below prior to any occupancy of the Project.

  • Completion of Development Upon the completion of the whole development or complete phases of the development, Council may review this Agreement, in whole or in part, and may: (a) retain the Agreement in its present form; (b) negotiate a new Agreement; (c) discharge this Agreement; or (d) for those portions of the development which are completed, discharge this Agreement and apply appropriate zoning pursuant to the applicable Municipal Planning Strategy and Land Use By-law, as may be amended from time to time.

  • Upon completion of the Project the Recipient shall make a full and complete accounting to the OPWC of the Eligible Project Cost.

  • DEVELOPMENT OR ASSISTANCE IN DEVELOPMENT OF SPECIFICATIONS REQUIREMENTS/ STATEMENTS OF WORK

  • Completion of the Project The Participating County acknowledges it is obligated to undertake and complete the design and construction of the Project in compliance with all of the applicable terms and conditions of the Project Documents and the Participating County agrees to use its best efforts to cause the completion of design and construction of the Project in compliance with the applicable terms and conditions of such documents. The Participating County agrees to complete the Project in accordance with this Agreement and consistent with the scope, cost and schedule established by the Board and attached hereto in Exhibit A, as such scope, cost and schedule may be modified with the approval of Finance and the recognition of the Board.