Ready for Occupancy; Substantial Completion Sample Clauses

The "Ready for Occupancy; Substantial Completion" clause defines the point at which a construction project is considered sufficiently complete for the owner to occupy or use the premises, even if minor work remains unfinished. Typically, this clause outlines the criteria for substantial completion, such as the completion of essential systems and compliance with applicable codes, and may require certification by an architect or inspector. Its core function is to establish a clear milestone for transitioning responsibility from the contractor to the owner, triggering events like final payments, insurance shifts, or warranty periods, and resolving potential disputes about when the project is truly usable.
POPULAR SAMPLE Copied 2 times
Ready for Occupancy; Substantial Completion. For purposes of the Lease, including for purposes of determining the Lease Commencement Date (as set forth in Section 7.2 of the Summary); (i) the Premises shall be “Ready for Occupancy” upon Substantial Completion of the Premises; and (ii) “Substantial Completion of the Premises” shall occur upon the completion of construction of the Tenant Improvements in the Premises pursuant to the Approved Working Drawings, with the exception of any punch list items that do not materially and adversely affect Tenant’s use and occupancy of the Premises and any tenant fixtures, work-stations, built-in furniture, or equipment to be installed by Tenant or under the supervision of the Contractor.
Ready for Occupancy; Substantial Completion. For purposes of the Lease, including for purposes of determining the Lease Commencement Date (as set forth in Section 7.2 of the Summary); (i) the Premises shall be “Ready for Occupancy” upon Substantial Completion of the Premises; and (ii) “Substantial Completion of the Premises” shall occur upon (A) the completion of construction of the Tenant Improvements in the Premises pursuant to the Approved Working Drawings, with the exception of any punch list items that do not materially and adversely affect Tenant’s use and occupancy of the Premises and any tenant fixtures, work-stations, built-in furniture, or equipment to be installed by Tenant or under the supervision of the Contractor and (B) issuance by the City of San Diego of a temporary certificate of occupancy for the Premises (or its functional equivalent).
Ready for Occupancy; Substantial Completion. For purposes of this Lease, including for purposes of determining the Lease Commencement Date (as set forth in Section 7.2 of the Summary), the Premises shall be “Ready for Occupancy” upon Substantial Completion of the Premises. For purposes of this Lease, “Substantial Completion” of the Premises shall occur upon the completion of construction of the Tenant Improvements in the Premises pursuant to the Approved Working Drawings, with the exception of any punch list items (which Landlord shall commence to correct or complete within fifteen (15) days of Tenant’s written notice) and any tenant fixtures, work-stations, built-in furniture, or equipment to be installed by Tenant or under the supervision of Contractor.
Ready for Occupancy; Substantial Completion. For purposes of the Lease, including for purposes of determining the Lease Commencement Date (as set forth in Section 7.2 of the Summary); (i) the Premises shall be “Ready for Occupancy” upon Substantial Completion of the Premises and delivery of the Premises to Tenant in good, vacant, broom clean condition, with all Systems and Equipment serving the Premises in good operating condition, in compliance with law; and (ii) “Substantial Completion of the Premises” shall occur upon (x) the completion of construction of the Tenant Improvements in the Premises pursuant to the Approved Working Drawings and Landlord’s Work in compliance with law, with the exception of any punch list items that do not materially and adversely affect Tenant’s use and occupancy of the Premises and any tenant fixtures, work-stations, built-in furniture, or equipment to be installed by Tenant or under the supervision of the Contractor and (y) the issuance of a temporary certificate of occupancy or its functional equivalent from the applicable governmental authority for Landlord’s Work and the Tenant Improvements; provided, however, that the cold room portion of the Tenant Improvements may, without affecting the occurrence of the Lease Commencement Date, be installed by Landlord within forty-five (45) days after the Lease Commencement Date.
Ready for Occupancy; Substantial Completion. For purposes of this Lease, including for purposes of determining the Lease Commencement Date (as set forth in Section 7.2 of the Summary), the Premises shall be “Ready for Occupancy” upon Substantial Completion of the Premises. For purposes of this Lease, “Substantial Completion” of the Premises shall occur upon the completion of construction of the Tenant Improvements in the Premises pursuant to the Approved Working Drawings, with the exception of any punch list items and any tenant fixtures, work-stations, built-in furniture, or equipment to be installed by Tenant or under the supervision of Contractor. Upon Substantial Completion of the Premises, Landlord and Tenant shall conduct a walk-through of the Premises to determine such punch list items and Landlord shall complete all such punch list items within thirty (30) days after the date of such walk-through or such longer period as is reasonably required therefor.
Ready for Occupancy; Substantial Completion. For purposes of the Lease, including for purposes of determining the Lease Commencement Date (as set forth in Section 7.2 of the Summary): (i) the Premises shall be “Ready for Occupancy” upon Substantial Completion of the Premises; and (ii) “Substantial Completion of the Premises” shall occur upon the completion of construction of the Tenant Improvements in the Premises pursuant to the Approved Working Drawings in good and workmanlike manner and in compliance with all applicable Laws, with the exception of any punch list items and any tenant fixtures, work-stations, built-in furniture, or equipment to be installed by Tenant or under the supervision of the Contractor.
Ready for Occupancy; Substantial Completion. For purposes of the Second Amendment, including for purposes of determining the Expansion Commencement Date (as set forth in Section 2.2 of the Second Amendment), the Expansion Space shall be “Ready for Occupancy” upon Substantial Completion of the Expansion Space; and (ii) ”Substantial Completion of the Expansion Space” shall occur upon the completion of construction of the Tenant Improvements in the Expansion Space pursuant to the Approved Working Drawings, with the exception of any punch list items that do not materially and adversely affect Tenant’s use and occupancy of the Expansion Space and any tenant fixtures, work-stations, built-in furniture, or equipment to be installed by Tenant or under the supervision of the Contractor.
Ready for Occupancy; Substantial Completion. For purposes of this Work Letter and the Lease, including for purposes of determining the Lease Commencement Date (as set forth in Section 7.2 of the Summary), the Premises shall be “Ready for Occupancy” upon Substantial Completion of the Premises. For purposes of this Work Letter and the Lease, “Substantial Completion” of the Premises shall occur upon the completion of construction of the Tenant Improvements in the Premises pursuant to the Approved Working Drawings, with the exception of any punch list items that do not materially and adversely affect Tenant’s use and occupancy of the Premises and any tenant fixtures, work-stations, built-in furniture, or equipment to be installed by Tenant or under the supervision of Contractor.
Ready for Occupancy; Substantial Completion. For purposes of this Lease, including for purposes of determining the Lease Commencement Date (as set forth in Section 7.2 of the Summary), the Premises shall be “Ready for Occupancy” upon Substantial Completion of the Premises. For purposes of this Lease, “Substantial Completion” of the Premises shall occur upon the completion of construction of (i) the Landlord’s Work and (ii) the Tenant Improvements in the Premises pursuant to the Approved Working Drawings, with the exception of any punch list items and any tenant fixtures, work-stations, built-in furniture, or equipment to be installed by Tenant or under the supervision of Contractor; provided, however, as set forth in the Summary of Basic Lease Information, in no event shall the Lease Commencement Date occur later than February 1, 2006, whether or not the Tenant Improvements have been Substantially Completed.
Ready for Occupancy; Substantial Completion. The Premises shall be deemed "Ready for Occupancy" upon the Substantial Completion of the Tenant Improvements. For purposes of this Lease, "Substantial Completion" of the Tenant Improvements shall occur upon the last of the following: (i) Landlord’s completion of construction of the Tenant Improvements in accordance with the Construction Drawings, with the exception of (a) any punch list items that do not unreasonably interfere with Tenant's ability to use the Premises for the Permitted Use, (b) any tenant fixtures, work stations, built-in furniture, or equipment that are to be installed by Tenant, (c) the generator described in Lease Section 6.6 (which is separate from the Tenant Improvements) and (d) of exterior patio/seating area off of the main first floor break room of the Premises, which may be completed post-Substantial Completion; (ii) if required, the issuance of a temporary certificate of occupancy (or its legal equivalent) for the Premises; and (iii) Tenant's confirmation that the Building Systems servicing the Premises are in proper operating condition to support Tenant's use of the Premises for the Permitted Use (provided, however, that Tenant's failure to identify any such systems as not being in proper operating condition within 15 business days of Landlord's delivery of the Premises shall constitute Tenant's approval of the same). Tenant acknowledges that the Premises will not be Ready for Occupancy on the Lease Commencement Date. Landlord shall use commercially reasonable efforts to cause the Substantial Completion of the Tenant Improvements to occur by June 1, 2018, subject to delays based on Force Majeure or Tenant Delays. If the Landlord fails to have the Premises Substantially Completed by July 15, 2018, subject to delays beyond that date caused by Force Majeure or Tenant Delays (the “Final Delivery Deadline”), the Base Rent shall be abated by one day for each three-day period between the Final Delivery Deadline and the date Landlord Substantially Completes the Premises.