Common use of Inspection and Creation of Punchlist Clause in Contracts

Inspection and Creation of Punchlist. Approximately thirty (30) days prior to the date which Landlord anticipates to be the Substantial Completion Date, Landlord shall deliver to Tenant written notice of the expected Substantial Completion Date. Approximately five (5) days prior to the anticipated Substantial Completion Date, representatives of Landlord and Tenant shall make a joint inspection of the Building to create an agreed upon list of items of Landlord’s Work yet to be substantially completed. The items included in such list are herein referred to as the “Punchlist Items.” If the parties are unable to agree whether any particular item is to be included as a Punchlist Item, then the decision of the Architect as to such item shall be binding.