Conditional Certificate of Occupancy definition
Examples of Conditional Certificate of Occupancy in a sentence
The issuance of a Certificate of Occupancy or Conditional Certificate of Occupancy for the Work shall be an express condition precedent to Contractor’s right to request that Design Professional issue a Certificate of Substantial Completion.
Lessee understands and expressly agrees that ▇▇▇▇▇▇’s approval of Construction Documents and Lessor’s provision of the Certificate of Occupancy or Conditional Certificate of Occupancy or any Lessor approval of Lessee’s completion of any Improvements, Alterations, or Repair and Maintenance does not make nor imply any representation or warranty by Lessor that the Premises complies with all Applicable Laws and Requirements.
After successful remediation of items noted on the Conditional Certificate of Occupancy, three hundred dollars ($300.00) will be returned to the holder of the conditional certificate.
Developer may operate the applicable portion of the Premises under a Conditional Certificate of Occupancy if the Conditional Certificate of Occupancy authorizes such operations and provided that all construction necessary for the safe operation of the applicable portion of the Premises and the protection of the life and safety of all members of the public coming on the applicable portion of the Premises has been completed, in accordance with all Applicable Laws, the terms of this Agreement, and the Lease.
In the event closing occurs after issuance of a Conditional Certificate of Occupancy (C.C.O.) instead of a Certificate of Occupancy (C.O.) and a portion of the purchase price is held in an escrow pending issuance of a C.O., Buyer and Seller agree that the escrowman to hold the escrowed funds shall be Fidelity Title .
Lessor may accept, in its sole but reasonable opinion, a Conditional Certificate of Occupancy, provided adequate escrows are established (in Lessor's sole but reasonable opinion) providing for the payment of and for the completion of the items constituting conditions to an unconditional Certificate of Occupancy.
In the event closing occurs after issuance of a Conditional Certificate of Occupancy (C.C.O.) instead of a Certificate of Occupancy (C.O.) and a portion of the purchase price is held in an escrow pending issuance of a C.O., Buyer and Seller agree that the escrowman to hold the escrowed funds shall Fidelity Title .
CPI adjustments to the Base Rental shall be made every five (5) years during the Term with the first such adjustment to be made effective on the first day following the fifth anniversary of the issuance of the Certificate of Occupancy or Conditional Certificate of Occupancy, whichever occurs first.
Lessee may operate the Premises under a Conditional Certificate of Occupancy if the Conditional Certificate of Occupancy authorizes such operations and provided that all construction necessary for the safe operation of the Premises and the protection of the life and safety of all members of the public coming on the Premises has been completed, in accordance with all Applicable Laws and the terms of this Lease.
Materials can be blocked here for posting during the physical inventory.