Coach 2013 Annual Report Download - page 720

(b) Developer shall give the Coach Member (for the Coach Member’s review) (i) monthly “look-aheads” with respect to the Schedule
and (ii) quarterly updates of the Schedule (or on such other shorter basis, including monthly, as any such updates are prepared and issued by the Executive
Construction Manager or Developer), in each case showing revisions, additions, and deletions and providing detailed explanations of all such modifications.
The Coach Member shall have the right to approve any such updates or amendments if any such updates or amendments (or any component thereof) have or
will have the effect (on their face, or as implemented) of discriminating against the Coach Member ( i.e., if the change favors or has the effect of favoring the
work for the Fund Member or any Fund Unit over work to be performed for the Coach Member or the Coach Unit). Notwithstanding the foregoing, no update
to the Schedule shall be deemed to modify or amend the Block Delivery Schedule or the anticipated Substantial Completion Date unless and to the extent
specifically approved by the Coach Member. Any dispute regarding any such matter shall be submitted to Arbitration to be resolved in accordance with the
provisions of Section 14.01.
Section 6.02 Milestones. (a) For purposes hereof, the terms “Major Milestone Event” and “Major Milestone Outside Date” means the Major
Milestone Event and the corresponding Major Milestone Outside Date set forth directly across from said Major Milestone Event in the chart below:
Major Milestone Event
Major Milestone
Target Date
Major Milestone
Outside Date*
1. Completion of foundation and lowest slab (street level) August 21, 2013 September 20, 2013
2. Completion of concrete with slab at 21st Floor April 10, 2014 May 10, 2014
3. Delivery of Floors 6 – 10 in Delivery Condition April 30, 2014 May 14, 2014
4. Delivery of Floors 11 – 15 in Delivery Condition June 13, 2014 June 27, 2014
5. Delivery of Floors 16 – 20 in Delivery Condition July 29, 2014 August 12, 2014
6. Availability of Temporary HVAC to Coach Areas October 1, 2014 October 15, 2014
7. Completion and delivery of Office Unit 1 Service Elevator in Delivery Condition December 29, 2014 January 28, 2015
8. Permanent electrical power to Coach Areas delivered February 1, 2015 February 15, 2015
9. Completion and delivery of Office Unit 1 Passenger Elevators in Delivery
Condition
February 3, 2015 March 5, 2015
10. Permanent HVAC to Coach Areas tested, operational and balanced May 1, 2015 May 15, 2015
11. Completion and delivery of Coach Lobby and Coach Atrium in Delivery
Condition
May 4, 2015 May 18, 2015
12. Completion of fire-alarm contractor certified pre-test in Delivery Condition May 15, 2015 May 15, 2015
13. Completion of Developer TCO Work and, subject to completion of Coach TCO
Work where applicable, receipt of a temporary certificate of occupancy for the
Coach Areas
June 1, 2015 June 1, 2015
14. Coach Expansion Premises (if Coach Expansion Right is Exercised) 90 days after later of (i) the
Coach Expansion Notice date
or (ii) July 29, 2014
90 days after later of (i) the
Coach Expansion Notice date
or (ii) August 12, 2014
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