Punch List Items definition
Punch List Items means such items (i) as are reasonably necessary or appropriate to fully complete the construction, equipping and furnishing of the Hotel in accordance with this Contract and (ii) that, unless otherwise agreed by Buyer in its sole discretion, (a) individually and in the aggregate do not and will not prohibit, cause a delay in or otherwise adversely affect, under applicable Legal Requirements, the Franchise Agreement or otherwise, the opening of the Hotel for business to the public or the continued occupancy and operation of the Hotel as contemplated under the Brand and (b) may be corrected or completed, subject to delays caused by Force Majeure, within not more than sixty (60) days.
Punch List Items means items of works of a minor or snagging nature which do not affect beneficial occupation or use of the Works by WAPCOS Limited, or other users and, where agreed with WAPCOS Limited, any other works which remain incomplete at the Date of Completion of the Works.
Punch List Items means uncompleted or improperly completed items of the Tenant improvements which, in the aggregate, do not materially interfere with Tenant’s occupancy of the Premises for the Permitted Use, as reasonable determined by Landlord and Tenant. Subject to “Tenant Delays” and “Force Majeure Events” (each as defined below). Landlord and Tenant anticipate that the Expansion Date will fall on or about May 1, 2005. Any delay(s) in the occurrence of Substantial Completion which result directly, indirectly, partially, or totally from any acts, fault or omissions of Tenant, or any of its agents, employees, and/or contractors, shall constitute a “Tenant Delay”. If there shall be any Tenant Delay(s), then, notwithstanding anything to the contrary set forth in the Lease, and regardless of the actual date of the Substantial Completion, the Expansion Date shall be the date on which Substantial Completion would have occurred if no Tenant Delay(s) had occurred. If Tenant Delays exist, as reasonably determined by Landlord, then upon the Substantial Completion of the Tenant Improvements, Landlord shall notify Tenant of (i) the aggregate period of the Tenant Delays and (ii) the Expansion Date as determined pursuant hereto. Tenant shall, within five (5) days following receipt of such notice, perform or cause to be performed all obligations under the Lease (including, without limitation, the payment of Rent) that have accrued from the Expansion Date, as determined pursuant hereto, to the data on which Tenant received Landlord’s notice, and the Expansion Date shall, for all purposes under this Lease, be the Expansion Date as determined pursuant hereto. Nothing contained herein shall be deemed to relieve Landlord of its obligation to use commercially reasonable efforts to complete the Tenant Improvements in a timely manner, subject to Tenant Delays and delays due to the occurrence of any Force Majeure Event. The time for performance by either party of any obligation under this Lease (other than the payment of rent or other monetary obligations) shall be extended for the period of delay resulting from fire, earthquake, explosion, flood, the elements, acts of God or the public enemy, strike, other labor trouble, interference of governmental authorities or agents, or shortages of fuel, supplies or labor resulting therefrom or any other cause, whether similar or dissimilar to the above, beyond the reasonable control of the party obligated for such performance, financial inability except...
Examples of Punch List Items in a sentence
Notwithstanding anything to the contrary contained herein, however, if the completion of any Punch List Items requires that an LNG Production System or the Facility be shut down or its output curtailed, Owner shall have the option of completing such Punch List Items itself.
Notwithstanding anything to the contrary contained herein, at Owner’s sole discretion, Owner may approve the completion of Punch List Items after Final Completion.
Notwithstanding anything to the contrary contained herein, at Owner’s sole discretion, Owner may approve the completion of Punch List Items after Final Completion; provided, however, that if any such Punch List Items remain outstanding at Final Completion, Contractor shall cause the Contractor Guarantee to remain in full force and effect until Contractor’s completion of all of such Punch List Items to Owner’s satisfaction.
More Definitions of Punch List Items
Punch List Items means details of construction, decoration and mechanical and electrical adjustment which in the aggregate are minor in character and do not materially interfere with the intended use and operation of the applicable Construction.
Punch List Items means those minor items of the Work identified by Owner or Contractor as requiring completion or correction prior to Final Completion, which items do not affect the performance or safe and continuous operation of an LNG Production System or the Facility.
Punch List Items means items of works of a minor or snagging nature which do not affect the performance of the Equipment, where agreed with ICAT, which remain incomplete at the Date of Completion of the Works.
Punch List Items means, collectively, any Punch List items identified by the Construction Consultant and other minor or insubstantial details of construction, decoration, mechanical adjustment or installation, which do not hinder or impede the use, operation, or maintenance of the Property or the ability to obtain a permanent certificate of occupancy with respect thereto.
Punch List Items means a list of items of work to be completed and deficiencies to be corrected, identified by the Owner’s Representative or A-E, that do not affect the attainment of Substantial Completion. If the Owner’s Representative and A-E do not agree as to an item or items, any such items not agreed upon shall be considered a punch list item until a contrary determination is made pursuant to Article XVII of this Agreement. Such items must be complete before Final Completion can take place.
Punch List Items mean the minor items of work to be completed or corrected prior to final payment to Declarant’s general contractor pursuant to its construction contract in order to fully complete the Project in accordance with the Approved Plans and Specifications.
Punch List Items means any and all minor or insubstantial details of construction, decoration or mechanical adjustments that remain to be done in such space or any part thereof following Substantial Completion (as defined below) of such space, or portion thereof, which (taking into account both of the items to be completed and the work required to complete such items) will not materially interfere with Tenant’s Installations or Tenant’s conduct of business in such space and use thereof for the applicable Permitted Use.