Punch List Items Sample Clauses

Punch List Items. Borrower shall complete all Punch List Items no later than one hundred twenty (120) days following the date on which Substantial Completion occurs (subject to reasonable extensions if Borrower is diligently pursuing the completion of such Punch List Items), or such earlier date as may be required under the School Unit Purchase Agreement.

Punch List Items. Notwithstanding anything to the contrary contained herein, at Owner’s sole discretion, Owner may approve the completion of Punch List Items after Final Completion. If Contractor does not promptly complete any remaining Punch List Item, Owner shall have the right to complete such item and Owner’s costs associated with such activities shall be included in the calculation of Total Costs. Notwithstanding anything to the contrary contained herein, however, if the completion of any Punch List Items requires that an LNG Production System or the Facility be shut down or its output curtailed, Owner shall have the option of completing such Punch List Items itself, and Owner’s costs associated with such activities shall be included in the calculation of Total Costs.

Punch List Items. Within 30 days after Substantial Completion of the Project Improvements, Landlord and Tenant shall inspect the Project Improvements and develop a list of items which were not properly completed by Landlord in material accordance with this Lease and the Construction Plans (the "Punch List Items"). Landlord and Tenant shall use their respective good faith reasonable efforts to agree on a mutually convenient date for such inspection and development of the list of the Punch List Items (the "Punch List"). Landlord shall thereafter promptly commence material completion of the Punch List Items within 30 days after the Punch List has been finalized, and shall continue to pursue such completion with commercially reasonable diligence and speed, but no later than 60 days after the Punch List has been finalized (subject to Excused Delays).

Punch List Items. Notwithstanding anything to the contrary contained herein, at Owner’s sole discretion, Owner may approve the completion of Punch List Items after Final Completion; provided, however, that if any such Punch List Items remain outstanding at Final Completion, Contractor shall cause the Contractor Guarantee to remain in full force and effect until Contractor’s completion of all of such Punch List Items to Owner’s satisfaction. If Contractor does not promptly complete any remaining Punch List Item, Owner shall have the right to complete such item and Owner’s costs associated with such activities shall be included in the calculation of Total Costs. Notwithstanding anything to the contrary contained herein, however, if the completion of any Punch List Items requires that an LNG Production System or the Facility be shut down or its output curtailed, Owner shall have the option of completing such Punch List Items itself, and Owner’s costs associated with completion of any such Punch List Items (excluding costs associated with shut down or of output curtailment) shall be included in the calculation of Total Costs.

Punch List Items. The miscellaneous items in the scope of the Project that are not required for the Project to be operational and that remain to be completed by DESIGN/BUILDER after Substantial Completion and before Final Completion.

Punch List Items. The term "Punch List Items" shall mean details of construction, decoration, and mechanical adjustment which in the aggregate, are minor in character and do not materially interfere with the Tenant's use or enjoyment of the Premises. Prior to the Commencement Date, Tenant and Landlord shall inspect the Premises and prepare a mutually agreed upon list of Punch List Items. Punch List Items shall be completed by Landlord within thirty (30) days after Substantial Completion.

Punch List Items. Landlord shall give Tenant five (5) Business Days prior notice of the date Landlord anticipates to be the Substantial Completion Date (the “Pre-Completion Notice”) and the Substantial Completion shall in no event have occurred unless Tenant has received such 5-Business Day prior notice. Within five (5) days following its receipt of the Pre-Completion Notice, Tenant shall inspect or cause to be inspected Landlord’s Work for material compliance with the Plans and Specifications, and Tenant and Landlord shall agree that Substantial Completion has occurred and upon the Punch List Items. If Tenant and Landlord shall fail to reach agreement either that Substantial Completion has occurred or on the Punch List Items within five (5) Business Days following the end of the five (5) day period after Tenant’s receipt of the Pre-Completion Notice, the disagreement shall be resolved by the Arbitrator. Promptly thereafter, Landlord shall undertake and diligently complete all Punch List Items within sixty (60) days, except for such Punch List Items that cannot with due diligence be completed within said period of sixty (60) days in which case Landlord shall undertake and diligently prosecute to completion such Punch List Items. After Tenant re-inspects the same, or causes the same to be re-inspected, Landlord shall continue to remedy any further defective or incomplete items until Landlord has completed all Punch List Items in accordance with the Plans and Specifications.

Punch List Items. In the event that a Closing occurs and the “lessor” under the applicable Government Lease is obligated to complete any item identified on a punch list generated by the Government in accordance with the applicable Government Lease (the “Punch List”), the applicable Seller at such Closing shall place with the Escrow Agent an amount equal to one hundred twenty-five (125%) percent of the estimated costs, as determined by such Seller and reasonably approved by Purchaser, of completing the punch list items, (the “Punch List Escrow Amount”) pursuant to escrow instructions reasonably acceptable to such Seller, Purchaser and Escrow Agent. At least five (5) days prior to Closing, each Seller shall provide to Purchaser a copy of any Punch List that has been approved by the Government as a part of the Government’s acceptance of such Seller’s respective Company’s Property along with such Seller’s estimates of the costs to complete such work and the estimated time required to complete such work. Purchaser will cause each Company to provide the applicable Seller and such Seller’s contractors, subcontractors and other agents with access to the Property in order to complete the Punch List items after Closing. Upon the lien free completion of each Punch List item, as evidenced by written acceptance of such item by the Government and delivery to Purchaser of final unconditional lien waivers (or similar form typically provided in the state where the Property is located) from the general contractor and such other lien waivers with respect to work done by other contractors and for material supplied, from such persons and in such form as may be required by the Title Company, the Escrow Agent shall release to the applicable Seller the portion of the Punch List Escrow amount allocated to such item. Each Seller shall be solely responsible for, and shall promptly pay, any costs of completing all punch list items, lien free, including, without limitation, any punch list items whose cost is in excess of the Punch List Escrow Amount. In the event that a Seller has not completed its respective punch list work, lien free, within the time required under the applicable Government Lease, Purchaser may, but is not obligated to, complete the work on behalf of such Seller and receive from the Punch List Escrow Amount the amounts reasonably incurred by Purchaser to complete any Punch List work plus a servicing fee in the amount of ten percent (10%) of the amounts expended by Purchaser and, if n...

Punch List Items. Uncompleted work items that the ▇▇▇▇ must complete in order to achieve Final Completion.