Development; Completion Clause Samples

Development; Completion. Borrower shall cause (x) development and construction of the Project to begin by the date that is forty-five (45) days from the date hereof, and (y) development and construction of the Project to be completed to the reasonable satisfaction of Lender on or before the Completion Date, unless otherwise approved by Lender in writing. Borrower shall, and shall cause Owner to, prosecute development and construction of the Project with good faith and diligence in compliance with the Construction Schedule. Borrower’s or Owner’s failure to proceed diligently and (subject to Permitted Delay) make regular progress toward completion of the Project, as determined by Lender acting reasonably, and/or Borrower’s or Owner’s failure to meet (subject to Permitted Delay) any of the other deadlines set forth in this Section 9.3, shall constitute an Event of Default.
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Development; Completion. (a) Borrower shall cause (x) development and construction of the Project to begin by the date that is forty-five (45) days from the date hereof and (y) development and construction of the Project to be completed to the reasonable satisfaction of Lender on or before the Completion Date, unless otherwise approved by Lender in writing. Borrower shall prosecute development and construction of the Project with good faith and diligence in compliance with the Construction Schedule. Borrower’s failure to proceed diligently and (subject to Permitted Delay) make regular progress toward completion of the Project, as determined by Lender acting reasonably, and/or Borrower’s failure to meet (subject to Permitted Delay) any of the other deadlines set forth in this Section 9.3, shall constitute an Event of Default. (b) All construction will be performed free of defects in a good and workmanlike manner with materials which are new and of high quality. The Project will be equipped with furnishings, fixtures and equipment which are new and of high quality. All construction shall be performed in compliance with the Plans, all applicable governmental approvals and all requirements of any applicable covenants, conditions and restrictions and the Project Documents. Borrower will promptly correct any defects in construction or material deviations from the Plans. Borrower will not commence any phase of construction or operation until it has secured all required permits, licenses or other authorizations from the applicable governmental authorities. All materials and labor purchased and employed for the Project shall be used solely for the Project and for no other purpose. No changes will be made to the Plans except in accordance with Section 9.2 hereof, and all such changes shall be in compliance with applicable governmental approvals. All upgrades shall be performed in compliance with the applicable standards set forth in this subsection (b).
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Development; Completion. Borrower shall cause (x) development and construction of the Project to begin by the date that is sixty (60) days from the date hereof and (y) development and construction of the Project to be completed to the reasonable satisfaction of Lender on or before the Completion Date set forth in the Construction Schedule (subject to Permitted Delay) (the “Completion Date”), unless otherwise approved by Lender in writing. Borrower shall, and shall cause Owner to, prosecute development and construction of the Project with good faith and diligence in compliance with the Construction Schedule. Borrower’s or Owner’s failure to proceed diligently and (subject to Permitted Delay) make regular progress toward completion of the Project, as determined by Lender acting reasonably, and/or Borrower’s or Owner’s failure to meet (subject to Permitted Delay) any of the other deadlines set forth in this Section 9.3, shall constitute an Event of Default.
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Development; Completion. 31-Aug-22 Ongoing Project Management and Status Reporting, Scope Reviews (Deliverables 1.2.1, 1.2.2, & 1.3) $32,000.00 $355,500.00 $2,118,000.00 Interface Development (Deliverable 9.3) $120,000.00 System Documentation Updates (Deliverable 5.3.1) $15,000.00 System Development and Configuration: Part 6. (Verifiable progress on Task 5.1 and Acceptance of Deliverable 5.1.1) $142,500.00 OCM Periodic Reports (Deliverable 2.4.2) $6,000.00 User Training (Deliverables 9.1.2 & 9.2) $40,000.00 8 System Test 31-Oct-22 Ongoing Project Management and Status Reporting, Scope Reviews $32,000.00 $185,000.00 $2,303,000.00 No.
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Related to Development; Completion

  • Diligent Completion The Company agrees to use its reasonable efforts to cause the completion of the Project as soon as practicable, but in any event on or prior to the end of the Investment Period.

  • Project Completion The Contractor agrees to schedule a final job walk with the County. If required, the County will prepare a list of incomplete items, the “Punch List”. The Contractor agrees to complete the “Punch List” corrections and schedule a final project completion job walk. The County will sign the “Punch List” as completed when determined, the project is finished. The Contractor agrees to submit the following along with its final payment request:

  • Development Work The Support Standards do not include development work either (i) on software not licensed from CentralSquare or (ii) development work for enhancements or features that are outside the documented functionality of the Solutions, except such work as may be specifically purchased and outlined in Exhibit 1. CentralSquare retains all Intellectual Property Rights in development work performed and Customer may request consulting and development work from CentralSquare as a separate billable service.

  • Development Phase contractual phase initiated with the approval of ANP for the Development Plan and which is extended during the Production Phase while investments in ▇▇▇▇▇, equipment, and facilities for the Production of Oil and Gas according to the Best Practices of the Oil Industry are required.

  • Development Diligence Pfizer will use its Commercially Reasonable Efforts to Develop and seek Regulatory Approval for one Product in the Field in [***]. Pfizer will have no other diligence obligations with respect to the Development or Regulatory Approval of Products under this Agreement.