Common use of Determination of Substantial Completion Clause in Contracts

Determination of Substantial Completion. Landlord shall diligently proceed with the construction of the Building Shell to achieve Substantial Completion on or before the dates set forth in the Schedule or as otherwise agreed by the parties. "Substantial Completion" shall be deemed to have occurred on the date upon which the architect who prepared the Final Plans ("Architect of Record") certifies that the Building Shell and Tenant Improvements have been completed in substantial accordance with the Final Plans subject only to completion of punch list items which do not materially interfere with the utilization of the Building Shell for the purposes for which they were intended.

Appears in 3 contracts

Sources: Lease Agreement, Lease Agreement (Celerity Group Inc), Lease Agreement (Celerity Group Inc)