Natural completion Clause Samples

The 'Natural completion' clause defines the point at which a contract or agreement concludes according to its originally intended terms and duration, without the need for early termination or extension. In practice, this means the contract ends automatically when all obligations have been fulfilled or the specified time period has elapsed. This clause provides certainty for both parties by clearly establishing when their responsibilities and rights under the agreement come to an end, thereby preventing disputes over the contract's duration or completion.
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Natural completion. Upon the natural completion of the contract, Tracsafe will forward all records and documentation to a nominated Australian service address within 30 days. Tracsafe will also advise the committee nominee of the master username and password for the Tracsafe web portal access.
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Related to Natural completion

  • Construction Completion The related Construction shall have been completed substantially in accordance with the related Plans and Specifications, the related Deed and all Applicable Laws, and such Leased Property shall be ready for occupancy and operation. All fixtures, equipment and other property contemplated under the Plans and Specifications to be incorporated into or installed in such Leased Property shall have been substantially incorporated or installed, free and clear of all Liens except for Permitted Liens.

  • Substantial Completion 9.8.1 When the Contractor considers that the Work, or a designated portion thereof which has been accepted in writing to by the State, is substantially complete as defined in Subparagraph

  • 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.

  • Final Completion The full and final completion of all Work in accordance with the Contract Documents.

  • 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: