Common use of Punchlist Items Clause in Contracts

Punchlist Items. Before Tenant takes occupancy of the Premises, but no later than five (5) business days after the Substantial Completion Date, Landlord, Landlord’s architect, Tenant and at Tenant’s election, Tenant’s consulting architect or other construction consultants shall conduct an inspection of the Premises and shall work in good faith to jointly prepare a punchlist for the Tenant Improvements. Any items not on such punchlist shall be deemed accepted by Tenant. Landlord shall complete all punchlist items as soon as reasonably practicable after such punchlist items are finally determined.

Appears in 1 contract

Sources: Lease (OMNICELL, Inc)

Punchlist Items. Before Tenant takes occupancy of the Premises, but no later than five (5) business days after the Substantial Completion Date, Landlord, Landlord’s 's architect, Tenant and at Tenant’s 's election, Tenant’s 's consulting architect or other construction consultants shall conduct an inspection of the Premises and shall work in good faith to jointly prepare a punchlist for the Tenant Improvements. Any items not on such punchlist (except latent defects) shall be deemed accepted by Tenant. Landlord shall complete all punchlist items as soon as reasonably practicable after such punchlist items are finally determined.

Appears in 1 contract

Sources: Lease (Innotrac Corp)

Punchlist Items. Before Tenant takes occupancy of the Additional Premises, but no later than five (5) business days after the Substantial Completion Date, Landlord, Landlord’s architect, Tenant and at Tenant’s election, Tenant’s consulting architect or other construction consultants shall conduct an inspection of the Additional Premises and shall work in good faith to jointly prepare a punchlist for the Tenant Improvements. Any items not on such punchlist shall be deemed accepted by Tenant. Landlord shall complete all punchlist items as soon as reasonably practicable after such punchlist items are finally determined.

Appears in 1 contract

Sources: Lease (Ulta Salon, Cosmetics & Fragrance, Inc.)