Common use of Notice of Substantial Completion Clause in Contracts

Notice of Substantial Completion. Upon the substantial completion of the work provided for in the Construction Contract, the Borrower has provided evidence that the Borrower has timely obtained from the Contractor and recorded with the Registry, a Notice of Substantial Completion as provided for in the Mechanic's Lien Law; and

Appears in 2 contracts

Sources: Loan Agreement (Sepracor Inc /De/), Loan Agreement (Sepracor Inc /De/)

Notice of Substantial Completion. Upon the substantial completion of the work provided for in the Construction Contract, the Borrower has shall have provided evidence to Lender that the Borrower has timely obtained from the Contractor and recorded with the Registry, a Notice of Substantial Completion as provided for in the Mechanic's Lien Law; and

Appears in 1 contract

Sources: Acquisition and Construction Loan Agreement (Praecis Pharmaceuticals Inc)