Common use of Costs of Completion Clause in Contracts

Costs of Completion. Pursuant to the Property Lease, the Lessee shall be responsible, after Closing, for completion of construction of those improvements currently in process at the Real Property as generally described in the construction budget attached hereto as Exhibit R. Buyer shall make available to Lessee, from time to time, undisbursed portions of the Remaining Construction Cost Funds, in order to reimburse Lessee for the ongoing Cost of Completion, all as set forth in the Property Lease. In the event the Cost of Completion (as determined by Lessee and confirmed by Buyer) is less than the Agreed Cost of Completion, Buyer shall pay the balance of the undisbursed Remaining Construction Cost Funds to Lessee within sixty (60) days after the Lessee's written request therefor and delivery to Buyer of supporting documentation reasonably satisfactory to Buyer, all as more fully described in the Property Lease.

Costs of Completion. Pursuant to the Property Lease, the Lessee shall be responsible, after Closing, for completion of construction of those improvements currently in process at the Real Property as generally described in the construction budget attached hereto as Exhibit R. Buyer shall make available to Lessee, from time to time, undisbursed portions of the Remaining Construction Cost Funds, in order to reimburse Lessee for the ongoing Cost of Completion, all as set forth in the Property Lease. In the event the Cost of Completion (as determined by Lessee and confirmed by Buyer) is less than the Agreed Cost of Completion, Buyer shall pay the balance of the undisbursed Remaining Construction Cost Funds to Lessee within sixty (60) days after the Lessee's written request therefor and delivery to Buyer of supporting documentation reasonably satisfactory to BuyerPurchaser, all as more fully described in the Property Lease.