Grant and Completion Clause Samples

Grant and Completion. 2.1 The Landlord shall with full title guarantee grant and the Tenant shall accept a new lease of the Premises on the Completion Date on the same terms and conditions as are contained in the Lease save for the variations set out in the Schedule hereto and mentioned in clause 5.2 hereof PROVIDED that the Tenant shall have by the Completion Date served written notice on the Landlord that the Tenant desires to take the new lease but if the Tenant shall not serve the notice then the provisions of this Agreement shall automatically determine and become void and of no further effect on 24th June 2011 2.2 The new lease shall be completed on the Completion Date at the offices of the Landlord's solicitor or such other place as the Landlord's solicitor shall reasonably require 2.4 Within 10 working days after service of such a Notice (excluding the day of service) the new lease shall be completed and the parties shall perform their obligations under this Agreement and time shall be of the essence of this provision
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Grant and Completion. 3.1. Subject as provided in Clause 2 and in Schedule 1 the Landlord must grant the Land Lease and the Tenant must accept the Land Lease and execute a counterpart of it. 3.2. The Land Lease must be completed on the Completion Date at the offices of the Tenant’s attorneys. 3.3. At any time on or after the Completion Date, either the Landlord or the Tenant, being ready, able and willing to complete the Land Lease and perform his other obligations under this agreement, may invoke the provisions of Clause 3.4 by notice to the other party (a “notice to complete”) but without prejudice to any other available right or remedy. 3.4. The Land Lease must be completed within 5 working days after service of a notice to complete. Time is to be of the essence of this provision. ***CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR PORTIONS OF THIS EXHIBIT. THE COPY FILED HEREWITH OMITS THE INFORMATION SUBJECT TO THE CONFIDENTIALITY REQUEST. OMISSIONS ARE DESIGNATED AS *(REDACTED). A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
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Grant and Completion. 5.1 Subject to Clause 4 the Landlord shall grant the Lease and the Tenant shall accept the Lease and execute the counterpart of it 5.2 The Lease and the counterpart shall be prepared by the Landlord's solicitors and an engrossment of the counterpart shall be delivered to the offices of the Tenant's solicitors at least five days before the Completion Date 5.3 The Lease shall be completed on the Completion Date at the offices of the Landlord's solicitors or at such other place as the Landlord's solicitors shall reasonably require 5.4 At any time on or after the Completion Date either the Landlord or the Tenant being ready and willing to complete the Lease and perform its other obligations under this Agreement may (but without prejudice to any other available fight or remedy) by notice to the other invoke the provisions of Clause 5.5 5.5 Within fourteen days after service of such notice (excluding the day of service) the Lease shall be completed and the parties shall perform their other obligations under this Agreement and time shall be of the essence in this provision
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Grant and Completion 
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Related to Grant and Completion

  • Commencement and Completion The Work shall commence on _______________, 20__ and shall be complete in accordance with this Agreement without delay on ______________, 20__. The term “day”, used throughout this Agreement, refers to calendar days. Contractor shall not be entitled to any additional compensation for any Permitted Delays. If this Agreement is not signed and returned to the Owner before any work commences, this Agreement will be considered as accepted as presented to the Contractor.

  • Commencement and Completion of Work The professional services to be performed pursuant to this Agreement shall commence within five (5) days from the Effective Date of this Agreement. Failure to commence work in a timely manner and/or diligently pursue work to completion may be grounds for termination of this Agreement.

  • TIME OF COMMENCEMENT AND COMPLETION 2.1 The Contractor shall commence the Work upon the date established in the Notice to Proceed. 2.2 The Contractor shall achieve Final Completion, as defined in Section 105.01, Contract Time, Notice of Contract Execution and Notice to Proceed of the Loudoun County Revisions to the ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ & Bridge Specifications, Division I - General Provisions, within one hundred and eighty (180) calendar days from the date specified in the Notice to Proceed. This time period shall be designated the Contract Time. The Notice to proceed will be issued approximately than thirty (30) days after the execution of this agreement. The Contractor agrees that the time for completion of the Work as described in the Contract Documents shall govern unless specifically amended in writing by the County, and that no claims for early completion are allowed to be presented by the Contractor to the County. 2.3 The County specifies that time is of the essence under this Contract. Time being of the essence, it is essential to the County that Contract work will be completed within the Contract Time. The County and the Contractor agree that damages for failure to complete the work within the Contract Time are not susceptible to exact determination but that $600 per day is in proportion to the actual loss that the County would suffer from such delay. Therefore, the Contractor will pay the County on demand $600 per day for each and every day beyond the one hundred and eighty (180) calendar days, or modified date of completion, that the County determines that work is not complete, as damages caused by such delay and not as a penalty. The County shall be entitled to offset liquidated damages against any sum owed by the County to the Contractor under this Contract. 2.4 The amount of liquidated damages set forth in Articles 2.3 above shall be assessed cumulatively. This provision for liquidated damages does not bar County's right to enforce other rights and remedies against Contractor, which are otherwise legally enforceable, including but not limited to, specific performance or injunctive relief. 2.5 The Contractor hereby waives any defense as to the validity of any liquidated damages stated in this Agreement as they may appear on grounds that such liquidated damages are void as penalties or are not reasonably related to actual damages.

  • PROGRESS AND COMPLETION 8.2.1 All time limits stated in the Contract Documents are material terms and time is the essence of the Contract. A failure by Contractor to do what is required by the time specified in the Contract Documents is a breach of the contract. 8.2.2 The Contractor shall begin the Work on the date of commencement as defined in 8.2.3 If in the sole opinion of the State, the Contractor fails to commence work on the project or to complete the work of said project within the time specified above, or to prosecute the work in such a manner that it appears that the completion date can be assured, the State shall have the right to notify the Contractor by Certified Mail that the terms of the Contract have been violated, and that effective immediately the Contract is terminated and the State has the right to and in fact is taking over and attending to completion of the project without prejudice to the State's remedies for any losses sustained

  • COMMENCEMENT AND COMPLETION OF THE PROJECT Section 3.01 The Project 8 Section 3.02 Diligent Completion 8 Section 3.03 Filings and Reports 8