Common use of Project Construction Status Reports Clause in Contracts

Project Construction Status Reports. Tenant shall provide written reports to Landlord Representative regarding the status of the Project Improvements Work not less frequently than once every month, which reports shall include (i) any new or additional facts discovered by Tenant or any circumstances known to Tenant that occur during the course of the Project Improvements Work which in Tenant’s reasonable opinion materially change the Total Project Costs or materially affect Tenant’s ability to achieve Substantial Completion and Commencement of Operations on or before the Substantial Completion Deadline, including any Excusable Tenant Delay or Landlord Delay and reasonable detail of such facts or circumstances, (ii) any material change to the Project Construction Schedule or the Project Budget and (iii) such other information that Landlord may reasonably request with regard to the status of the Project Improvements.