Substantial Completion of Construction Clause Samples

The Substantial Completion of Construction clause defines the point at which a construction project is considered sufficiently finished so that the owner can occupy or use the building for its intended purpose, even if minor work remains. Typically, this clause outlines the criteria for substantial completion, such as completion of essential systems and receipt of necessary approvals, and may require a formal inspection or certification. Its core function is to establish a clear milestone for shifting responsibilities, such as risk of loss and insurance, from the contractor to the owner, and to trigger related contractual obligations like final payments or warranty periods.
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Substantial Completion of Construction. Lessor and the Administrative Agent shall have received evidence satisfactory to it that, as of the Advance Date, Substantial Completion of the Improvements has been achieved, which evidence shall include, without limitation, all applicable temporary certificates of completion related to the Facility.
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Substantial Completion of Construction. Subject to Uncontrollable Circumstances and other adjustments provided for in this Agreement, Developer agrees to apply to the Village for a certificate of occupancy, and to achieve Substantial Completion, by October 15, 2016.
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Substantial Completion of Construction. With respect to the Project, “Substantial Completion” means that stage in the progression of the Work, as approved by the Municipality in writing, when the Project is sufficiently complete in accordance with the Agreement that the Municipality can enjoy beneficial use or occupancy of the entire Project and can utilize it for all of its intended purposes. The Municipality reserves the right to occupy and use any part, portion, or system of the Project when such part, portion, or system is substantially completed.
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Substantial Completion of Construction. Lessor shall substantially complete construction of the Building Addition so that it is to Lessee’s reasonable satisfaction under roof and sufficiently complete to take delivery of Lessee’s equipment not later than 190 days after the later of (i) the execution date of this First Addendum to Lease or (ii) the transfer of title of the Additional Real Estate to Lessor by Lessee (“Substantial Completion Date”). Lessee shall have the right on and after the Substantial Completion Date to enter into the Building Addition for the purpose of making any and all installations of Lessee’s equipment to be used in the Building Addition.
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Related to Substantial Completion of Construction

  • Completion of Construction Within 60 days of the completion of construction of the Project, Project Owner shall deliver to DoD copies of the FAA form 7460-2 for each ASN, including the final coordinates for each turbine erected.

  • Commencement and Completion of Construction Subject to Unavoidable Delays, Developer shall cause construction of the Minimum Improvements to be undertaken and completed: (i) by no later than June 1, 2020; or (ii) by such other date as the parties shall mutually agree upon in writing. Time lost as a result of Unavoidable Delays shall be added to extend this date by a number of days equal to the number of days lost as a result of Unavoidable Delays. All work with respect to the Minimum Improvements shall be in conformity with the Construction Plans approved by the building official or any amendments thereto as may be approved by the building official. Developer agrees that it shall permit designated representatives of the City, upon reasonable notice (which does not have to be written), to enter upon the Development Property during the construction of the Minimum Improvements to inspect such construction and the progress thereof.

  • Commencement of Construction Construction of the Project will start within thirty (30) days after notification to the Developer by the Owner, or as soon thereafter as weather and ground conditions permit.

  • ICIF Construction The ICIF shall be designed and constructed in accordance with Good Utility Practice. Within one hundred twenty (120) Calendar Days after the Commercial Operation Date, unless the Parties agree on another mutually acceptable deadline, Interconnection Customer shall deliver to Transmission Provider and Transmission Owner “as-built” drawings, information and documents for the ICIF, such as: a one-line diagram, a site plan showing the Generating Facility and the ICIF, plan and elevation drawings showing the layout of the ICIF, a relay functional diagram, relaying AC and DC schematic wiring diagrams and relay settings for all facilities associated with the Interconnection Customer’s step-up transformers, the facilities connecting the Generating Facility to the step-up transformers and the ICIF, and the impedances (determined by factory tests) for the associated step-up transformers and the Generating Facility. Interconnection Customer shall provide Transmission Provider and Transmission Owner with Interconnection Customer’s specifications for the excitation system, automatic voltage regulator, Generating Facility control and protection settings, transformer tap settings, and communications, if applicable.

  • DAF Construction The DAF shall be designed and constructed in accordance with Good Utility Practice. Within one hundred twenty (120) Calendar Days after the Commercial Operation Date, unless the Developer and Connecting Transmission Owner agree on another mutually acceptable deadline, the Developer shall deliver to the Connecting Transmission Owner and NYISO “as- built” drawings, information and documents for the DAF, such as: a one-line diagram, a site plan showing the Large Generating Facility and the DAF, plan and elevation drawings showing the layout of the DAF, a relay functional diagram, relaying AC and DC schematic wiring diagrams and relay settings for all facilities associated with the Developer’s step-up transformers, the facilities connecting the Large Generating Facility to the step-up transformers and the DAF, and the impedances (determined by factory tests) for the associated step-up transformers and the Large Generating Facility. The Developer shall provide to, and coordinate with, Connecting Transmission Owner and NYISO with respect to proposed specifications for the excitation system, automatic voltage regulator, Large Generating Facility control and protection settings, transformer tap settings, and communications, if applicable.