Common use of Responsibility for Construction Clause in Contracts

Responsibility for Construction. Tenant shall have sole responsibility for contracting for and administering all Construction Projects, it being understood that Landlord's obligation with respect to Construction Projects shall be limited to the making of advances under and subject to the conditions set forth in this Paragraph 6. No contractor or other third party shall be entitled to require Landlord to make advances as a third party beneficiary of this Lease or otherwise. Notwithstanding delays beyond Tenant's control, and even if the Construction Allowance is not sufficient to pay for completion of any Construction Project, Tenant warrants that on the Designated Payment Date under the Purchase Agreement it shall have caused the initial Construction Project and any subsequent Construction Projects which are commenced during the Term to be completed in a good and workmanlike manner, substantially in accordance with Applicable Laws, and otherwise in compliance with the provisions of this Lease, unless Tenant or an Applicable Purchaser has purchased the Leased Property pursuant to the Purchase Agreement for a net price to Landlord (when taken together with any additional payments made by Tenant pursuant to Paragraph 2(a)(ii) of the Purchase Agreement, in the case of a purchase by an Applicable Purchaser) of not less than Stipulated Loss Value.

Responsibility for Construction. Tenant shall have sole responsibility for contracting for and administering all Construction Projects, it being understood that Landlord's obligation with respect to Construction Projects shall be limited to the making of advances under and subject to the conditions set forth in this Paragraph 67. No contractor or other third party shall be entitled to require Landlord to make advances as a third party beneficiary of this Lease or otherwise. Notwithstanding delays beyond Tenant's control, and even if the Construction Allowance is not sufficient to pay for completion of any Construction Project, Tenant warrants that on the Designated Payment Date under the Purchase Agreement it shall have caused the initial Construction Project and any subsequent Construction Projects which are commenced during the Term to be completed in a good and workmanlike manner, substantially in accordance with Applicable Laws, and otherwise in compliance with the provisions of this Lease, unless Tenant or an Applicable Purchaser has purchased the Leased Property pursuant to the Purchase Agreement for a net price to Landlord (when taken together with any additional payments made by Tenant pursuant to Paragraph 2(a)(ii) of the Purchase Agreement, in the case of a purchase by an Applicable Purchaser) of not less than Stipulated Loss Value.