Common use of Walk-Through; Punchlist Clause in Contracts

Walk-Through; Punchlist. Upon Substantial Completion, Landlord will notify Tenant and, within three business days thereafter, Landlord’s representative and Tenant’s representative will 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 Improvements. Neither Landlord’s representative nor Tenant’s representative shall unreasonably withhold his or her agreement on punchlist items. Landlord shall complete (or cause to be completed) all punchlist items within thirty (30) days after agreement thereon. Except for the Improvements, Tenant is hereby agreeing to lease the Premises for the Term, in its current “AS-IS, WHERE-IS” condition, and by its execution of this Lease, Tenant acknowledges that Landlord has made no warranty, representation, covenant or agreement with respect to the merchantability or fitness for any particular purpose of the Premises and that the Premises are in good and satisfactory condition. Any other improvements made to the Premises by the Tenant shall be performed at Tenant’s sole cost and expense in accordance with the applicable terms of the Lease and all applicable laws and ordinances.

Appears in 2 contracts

Sources: Industrial Multi Tenant Lease (Extend Health Inc), Industrial Multi Tenant Lease (Extend Health Inc)