Common use of Punch List Items Clause in Contracts

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).