Substantial Completion Date definition

Substantial Completion Date means the required date for Substantial Completion of the Project. The Substantial Completion Date can be adjusted only by written Change Order.
Substantial Completion Date means the date on which Substantial Completion occurs.
Substantial Completion Date. (for purposes of Section 3.01(b) of the Lease) shall mean the date on which the Landlord has substantially completed the Base Building Work and the Initial Tenant Work. Landlord shall use commercially reasonable efforts to substantially complete the Base Building Work and the Initial Tenant Work on or before the Estimated Term Commencement Date. In the event that the Substantial Completion Date is delayed beyond the Estimated Term Commencement Date (other than due to a Tenant Delay, as defined below), then the “Estimated Term Commencement Date” set forth in Section 1 of the Lease shall be delayed by one day for each day of such delay by Landlord in achieving the Substantial Completion Date. Notwithstanding anything to the contrary contained in this Exhibit C or the Lease, in the event that a Tenant Delay and a Force Majeure delay are occurring on the same date, only one (1) day of delay resulting from such Tenant Delay and Force Majeure delay may be claimed for each such overlapping day. For purposes hereof, “substantially complete” and “substantial completion” shall mean that the applicable work by Landlord under this Paragraph C.2 has been completed, other than minor punchlist-type items the completion of which will not unreasonably delay or interfere with Tenant’s occupancy of the Premises for the regular conduct of business, as certified in writing by Landlord’s architect, and as evidenced by the issuance of a temporary or permanent certificate of occupancy for the Premises; provided, however, that if such certificate of occupancy cannot be issued due to any work to be performed by Tenant or installation of cabling, furniture, fixtures or equipment to be performed by Tenant, or any other action required of Tenant, then the issuance of a certificate of occupancy shall not be a condition to the occurrence of the Substantial Completion Date or the Term Commencement Date, and the Base Building Work and the Initial Tenant Work shall be deemed substantially complete on the date that the certificate of occupancy would have issued but for the non-completion of such work, installation or action to be performed by Tenant. Notwithstanding anything to the contrary contained in this Exhibit C or the Lease, Landlord shall deliver to Tenant notice of a Force Majeure delay and/or Tenant Delay within five (5) Business Days after Landlord has actual knowledge of the occurrence of same (except that no notice shall be required in connection with any failure by Tenant to t...

Examples of Substantial Completion Date in a sentence

  • No action arising from or related to this Agreement, or the performance thereof, shall be commenced by either party against the other more than one year after the Substantial Completion Date.

  • Substantial Completion shall be achieved not later than the Substantial Completion Date set forth in the Project Schedule.

  • By executing the Contract and upon execution of each Amendment to the Contract, the Design-Builder is deemed to have included in the Guaranteed Maximum Price sufficient amounts to cover all of its obligations under or arising from the Contract, at law, and otherwise, and to have allowed the necessary resources to enable Design-Builder to achieve Substantial Completion by the Scheduled Substantial Completion Date.

  • Prior to the Substantial Completion Date, the Developer and the Design Builder shall inspect the Building Improvements and shall prepare and sign an inspection form describing the condition of the Building Improvements and a list (the “Construction Punch List”) of all items of work to be corrected or yet to be completed (the “Construction Punch List Work”).

  • Troon will in its contract with the Contractor ensure that the Contractor will be liable to Troon and the City for liquidated damages in an amount of $2,000.00 per day for each calendar day beyond the Substantial Completion Date that the Renovation Project is not substantially completed per the Plans.


More Definitions of Substantial Completion Date

Substantial Completion Date means the date on which the Project can be used for the purpose for which it was intended as described in Schedule B1 (Project Description) and as will be set out in Schedule D (Declaration of Substantial Completion).
Substantial Completion Date means the date that is three (3) months prior to the Completion Date.
Substantial Completion Date shall have the meaning set forth in the Construction Funding Agreement.
Substantial Completion Date means the date that Substantial Completion has been achieved by the Design-Builder, as set out in the Substantial Completion Certificate;
Substantial Completion Date means the date on which Substantial Completion actually occurs.
Substantial Completion Date shall have the meaning set forth in Section 13.3.
Substantial Completion Date means the actual date on which the Substantial Completion of the System, as defined in Section 5.1(c), has occurred.