Common use of Substantial and Final Completion Clause in Contracts

Substantial and Final Completion. Accept (or be deemed to have confirmed) any notice of “Substantial Completion” or “Final Completion” of all or any portion of the Projects issued by any Contractor under any Material Construction Agreement (including, without limitation, Sections 12.1 and 12.2 of the Phase I Primary Construction Contract) without the written approval of the Construction Consultant and the Project Architects (provided that the Construction Consultant and Project Architects shall act with due diligence and as promptly as possible in making their determination to approve or disapprove and the Disbursement Agent shall instruct the Construction Consultant to approve such notice if the conditions to “Substantial Completion” or “Final Completion” set forth in such Material Construction Agreement have been satisfied).

Substantial and Final Completion. Accept (or be deemed to have confirmed) any notice of “"Substantial Completion” " or “"Final Completion” " of all or any portion of the Projects issued by any Contractor under any Material Construction Agreement (including, without limitation, Sections 12.1 and 12.2 of the Phase I Primary Construction Contract) without the written approval of the Construction Consultant and the Project Architects (provided that the Construction Consultant and Project Architects shall act with due diligence and as promptly as possible in making their determination to approve or disapprove and the Disbursement Agent shall instruct the Construction Consultant to approve such notice if the conditions to “"Substantial Completion” " or “"Final Completion” " set forth in such Material Construction Agreement have been satisfied).