Practically Complete definition
Examples of Practically Complete in a sentence
If the report in respect of a Phase indicates that the Phase: is not Practically Complete, the Development Vehicle shall notify the Developer and the Developer shall carry out such works as is necessary to achieve Practical Completion; or is Practically Complete, the Developer and the Development Vehicle shall use all reasonable endeavours to ensure the Settlement Date occurs within 5 Business Days of the date of receipt by the Development Vehicle of the Monitoring Surveyor’s report.
If the Developer becomes aware that a Phase will not be Practically Complete by its Target Completion Date and the reason for such failure is due to: Force Majeure; a national strike; or a delay attributable to any breach by the Development Vehicle of its obligations under this Agreement, the Developer may seek an extension to that Target Completion Date.
The Highway Works shall be Practically Complete prior to the Occupation of the first [dwelling OR building] on the Development Land.
The Monitoring Surveyor shall inspect the Phase in order to determine whether the Phase is Practically Complete.
If no Phases are Practically Complete by 31 December 2019, this Agreement will terminate at close of business on 31 December 2019.