Common use of Walk-Through; Punchlist Clause in Contracts

Walk-Through; Punchlist. When Landlord, the Architect, and ▇▇▇▇▇▇▇▇’s contractor consider the Work in the Premises to be Substantially Completed, Landlord will notify Tenant and within three (3) Business Days thereafter, Landlord’s representative and Tenant’s representative shall conduct a walk-through of the Premises and identify any necessary touch-up work, repairs and minor completion items that are necessary for final completion of the Work, the incompleteness of which will not unreasonably interfere with ▇▇▇▇▇▇’s use and occupancy of the Premises for the Permitted Use and the work in completing said items will not unreasonably interfere with ▇▇▇▇▇▇’s use and occupancy of the Premises (the “Punchlist Items”). Neither Landlord’s representative nor ▇▇▇▇▇▇’s representative shall unreasonably withhold his or her agreement on punchlist items. Landlord shall use commercially reasonable efforts to cause the contractor performing the Work to complete all punchlist items within thirty (30) days after agreement thereon; however, Landlord shall not be obligated to engage overtime labor in order to complete such items.

Appears in 1 contract

Sources: Office Lease Agreement (Sage Therapeutics, Inc.)

Walk-Through; Punchlist. When Landlord, the Architect, and ▇▇▇▇▇▇▇▇’s contractor consider Tenant considers the Work in the Premises to be Substantially Completed, Landlord Tenant will notify Tenant Landlord and within three two (32) Business Days business days thereafter, Landlord’s 's representative and Tenant’s 's representative shall conduct a walk-through of the Premises and identify any necessary touch-up work, repairs and minor completion items that are necessary for final completion of the Work, the incompleteness of which will not unreasonably interfere with ▇▇▇▇▇▇’s use and occupancy of the Premises for the Permitted Use and the work in completing said items will not unreasonably interfere with ▇▇▇▇▇▇’s use and occupancy of the Premises (the “Punchlist Items”). Neither Landlord’s 's representative nor ▇▇▇▇▇▇’s Tenant's representative shall unreasonably withhold his or her agreement on punchlist items. Landlord Tenant shall use commercially reasonable efforts to cause the contractor performing the Work to complete all punchlist items within thirty (30) 30 days after agreement thereon; however, Landlord Tenant shall not be obligated to engage overtime labor in order to complete such items. Resolution of punch list items may occur after the Lease Commencement Date and shall not be deemed a delay in the Substantial Completion of the Work.

Appears in 1 contract

Sources: Office Lease Agreement (Wells Real Estate Fund Xi L P)

Walk-Through; Punchlist. When Landlord, the Architect, and ▇▇▇▇▇▇▇▇’s contractor consider Landlord considers the Work in the Expansion Premises to be Substantially Completed, Landlord will notify Tenant and within three two (32) Business Days business days thereafter, Landlord’s 's representative and Tenant’s 's representative shall conduct a walk-through of the Expansion Premises and identify any necessary touch-up work, repairs and minor completion items that are necessary for final completion of the Work, the incompleteness of which will not unreasonably interfere with ▇▇▇▇▇▇’s use and occupancy of the Premises for the Permitted Use and the work in completing said items will not unreasonably interfere with ▇▇▇▇▇▇’s use and occupancy of the Premises (the “Punchlist Items”). Neither Landlord’s 's representative nor ▇▇▇▇▇▇’s Tenant's representative shall unreasonably withhold his or her agreement on punchlist items. Landlord shall use commercially reasonable efforts to cause the contractor performing the Work to complete all punchlist items within thirty (30) 30 days after agreement thereon; however, Landlord shall not be obligated to engage overtime labor in order to complete such items. Resolution of punchlist items may occur after the Expansion Commencement Date and shall not be deemed a delay in the Substantial Completion of the Work.

Appears in 1 contract

Sources: Lease (Wells Real Estate Fund Xi L P)

Walk-Through; Punchlist. When Landlord, the Architect, and ▇▇▇▇▇▇▇▇’s contractor consider Landlord considers the Work in the Premises to be Substantially Completed, Landlord will notify Tenant and within three (3) Business Days business days thereafter, Landlord’s representative and Tenant’s representative shall conduct a walk-through of the Premises and identify any necessary touch-up work, repairs and minor completion items that are necessary for final completion of the Work, the incompleteness of which will not unreasonably interfere with ▇▇▇▇▇▇’s use and occupancy of the Premises for the Permitted Use and the work in completing said items will not unreasonably interfere with ▇▇▇▇▇▇’s use and occupancy of the Premises (the “Punchlist Items”). Neither Landlord’s representative nor ▇▇▇▇▇▇Tenant’s representative shall unreasonably withhold his or her agreement on punchlist items. Landlord shall use commercially reasonable efforts to cause the contractor performing the Work to complete all punchlist items within thirty (30) 30 days after agreement thereon; however, Landlord shall not be obligated to engage overtime labor in order to complete such items. Upon Substantial Completion of the Work in the Premises, Landlord and Tenant shall execute the form of letter attached to this Lease as Exhibit C. If Tenant occupies the Premises without executing such letter, Tenant shall be deemed to have accepted the Premises and the Work therein for all purposes without exception.

Appears in 1 contract

Sources: Commercial Lease Agreement (Atx Group Inc)