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Finally Complete Definition | Law Insider Define Finally Complete. means that the construction of an improvement to the Licensed Premises has been completed to such an extent that the Commissioner certifies in writing that it has been finally completed and that no further work is required by Licensee pursuant to this License in connection with the construction of said improvement. Notwithstanding the issuance of any such certification, Licensee shall be liable for any claims related to such construction and shall be responsible for any other obligations (including maintenance, repair and indemnity) set forth in this License Agreement. <dfn>Finally Complete</dfn> <!-- -->means that the <a href=""/clause/construction-of"" rel="“noopener noreferrer”" target=""_blank"">construction of</a> an <a href=""/clause/improvement"" rel="“noopener noreferrer”" target=""_blank"">improvement</a> to <a href=""/clause/the-licensed-premises"" rel="“noopener noreferrer”" target=""_blank"">the Licensed Premises</a> has been completed to such an <a href=""/clause/extent"" rel="“noopener noreferrer”" target=""_blank"">extent</a> that <a href=""/clause/the-commissioner"" rel="“noopener noreferrer”" target=""_blank"">the Commissioner</a> certifies <a href=""/clause/in-writing"" rel="“noopener noreferrer”" target=""_blank"">in writing</a> that it has been <a href=""/dictionary/finally-completed"" rel="“noopener noreferrer”" target=""_blank"">finally completed</a> and that no <a href=""/clause/further-work"" rel="“noopener noreferrer”" target=""_blank"">further work</a> is required <a href=""/clause/by-licensee"" rel="“noopener noreferrer”" target=""_blank"">by Licensee</a> <a href=""/clause/pursuant-to"" rel="“noopener noreferrer”" target=""_blank"">pursuant to</a> this License <a href=""/clause/in-connection-with"" rel="“noopener noreferrer”" target=""_blank"">in connection with</a> the construction of <a href=""/dictionary/said"" rel="“noopener noreferrer”" target=""_blank"">said</a> improvement. Notwithstanding <a href=""/clause/the-issuance"" rel="“noopener noreferrer”" target=""_blank"">the issuance</a> of any such <a href=""/clause/certification"" rel="“noopener noreferrer”" target=""_blank"">certification</a>, <a href=""/clause/licensee-shall"" rel="“noopener noreferrer”" target=""_blank"">Licensee shall</a> be <a href=""/clause/liable"" rel="“noopener noreferrer”" target=""_blank"">liable</a> for any <a href=""/clause/claims"" rel="“noopener noreferrer”" target=""_blank"">claims</a> <a href=""/clause/related-to"" rel="“noopener noreferrer”" target=""_blank"">related to</a> such construction and shall be <a href=""/clause/responsible-for"" rel="“noopener noreferrer”" target=""_blank"">responsible for</a> any <a href=""/clause/other-obligations"" rel="“noopener noreferrer”" target=""_blank"">other obligations</a> (<a href=""/clause/including"" rel="“noopener noreferrer”" target=""_blank"">including</a> <a href=""/clause/maintenance"" rel="“noopener noreferrer”" target=""_blank"">maintenance</a>, <a href=""/clause/repair"" rel="“noopener noreferrer”" target=""_blank"">repair</a> <a href=""/clause/and-indemnity"" rel="“noopener noreferrer”" target=""_blank"">and indemnity</a>) <a href=""/dictionary/set-forth"" rel="“noopener noreferrer”" target=""_blank"">set forth</a> in this <a href=""/clause/license-agreement"" rel="“noopener noreferrer”" target=""_blank"">License Agreement</a>. Based on 18 documents <dfn>Finally Complete</dfn> <!-- -->means, when used <a href=""/clause/with-respect-to"" rel="“noopener noreferrer”" target=""_blank"">with respect to</a> the CONFIDENTIAL <a href=""/clause/work-to-be-performed"" rel="“noopener noreferrer”" target=""_blank"">work to be performed</a> under <a href=""/clause/the-design"" rel="“noopener noreferrer”" target=""_blank"">the Design</a>-<a href=""/clause/build"" rel="“noopener noreferrer”" target=""_blank"">Build</a> Agreement, “<a href=""/clause/final-completion"" rel="“noopener noreferrer”" target=""_blank"">final completion</a>” as <a href=""/clause/defined"" rel="“noopener noreferrer”" target=""_blank"">defined</a> in the Design-Build Agreement, and with respect to the <a href=""/dictionary/infrastructure-work"" rel="“noopener noreferrer”" target=""_blank"">Infrastructure Work</a>, <a href=""/clause/the-final"" rel="“noopener noreferrer”" target=""_blank"">the final</a> <a href=""/clause/completion-of-all"" rel="“noopener noreferrer”" target=""_blank"">completion of all</a> <a href=""/clause/aspects"" rel="“noopener noreferrer”" target=""_blank"">aspects</a> of such work and <a href=""/clause/improvements"" rel="“noopener noreferrer”" target=""_blank"">improvements</a> <a href=""/clause/in-accordance-with"" rel="“noopener noreferrer”" target=""_blank"">in accordance with</a> <a href=""/dictionary/all-applicable-laws"" rel="“noopener noreferrer”" target=""_blank"">all Applicable Laws</a> and in accordance with the <a href=""/clause/requirements-for-the"" rel="“noopener noreferrer”" target=""_blank"">requirements for the</a> same contained <a href=""/clause/in-this-agreement"" rel="“noopener noreferrer”" target=""_blank"">in this Agreement</a> and in the <a href=""/dictionary/county-development-agreement"" rel="“noopener noreferrer”" target=""_blank"">County Development Agreement</a> and <a href=""/clause/the-applicable"" rel="“noopener noreferrer”" target=""_blank"">the applicable</a> <a href=""/clause/construction-contracts"" rel="“noopener noreferrer”" target=""_blank"">construction contracts</a>, in <a href=""/dictionary/each-case"" rel="“noopener noreferrer”" target=""_blank"">each case</a> <a href=""/clause/including"" rel="“noopener noreferrer”" target=""_blank"">including</a> the <a href=""/clause/completion-of-the"" rel="“noopener noreferrer”" target=""_blank"">completion of the</a> <a href=""/clause/punch"" rel="“noopener noreferrer”" target=""_blank"">punch</a>-<a href=""/clause/list"" rel="“noopener noreferrer”" target=""_blank"">list</a> <a href=""/clause/type"" rel="“noopener noreferrer”" target=""_blank"">type</a> <a href=""/clause/items"" rel="“noopener noreferrer”" target=""_blank"">items</a> <a href=""/clause/referred-to"" rel="“noopener noreferrer”" target=""_blank"">referred to</a> in <a href=""/dictionary/the-definition-of-the-term"" rel="“noopener noreferrer”" target=""_blank"">the definition of the term</a> “<a href=""/clause/substantial-completion"" rel="“noopener noreferrer”" target=""_blank"">Substantial Completion</a>.” Substantial Completion of <a href=""/clause/all-work"" rel="“noopener noreferrer”" target=""_blank"">all work</a> and improvements is a <a href=""/clause/prerequisite"" rel="“noopener noreferrer”" target=""_blank"">prerequisite</a> to Final Completion of the same. Based on 5 documents <dfn>Finally Complete</dfn> <!-- -->and “”<a href=""/clause/finally"" rel="“noopener noreferrer”" target=""_blank"">Finally</a> <a href=""/clause/completion"" rel="“noopener noreferrer”" target=""_blank"">Completion</a>"" has the <a href=""/clause/meaning"" rel="“noopener noreferrer”" target=""_blank"">meaning</a> <a href=""/dictionary/set-forth"" rel="“noopener noreferrer”" target=""_blank"">set forth</a> in <a href=""/clause/section-62"" rel="“noopener noreferrer”" target=""_blank"">Section 6.2</a>. Based on 3 documents <dfn>Finally Complete</dfn> <!-- -->mean the <a href=""/clause/stage"" rel="“noopener noreferrer”" target=""_blank"">stage</a> in the progress of the <a href=""/dictionary/work-for"" rel="“noopener noreferrer”" target=""_blank"">Work for</a> any <a href=""/dictionary/lltp"" rel="“noopener noreferrer”" target=""_blank"">LLTP</a> Phase or <a href=""/clause/preconstruction-phase"" rel="“noopener noreferrer”" target=""_blank"">Preconstruction Phase</a>, <a href=""/clause/after-substantial-completion"" rel="“noopener noreferrer”" target=""_blank"">after Substantial Completion</a>, when all remaining <a href=""/clause/items-of-work"" rel="“noopener noreferrer”" target=""_blank"">items of Work</a> for such phase have been <a href=""/clause/completed"" rel="“noopener noreferrer”" target=""_blank"">completed</a>, all <a href=""/clause/requirements-of"" rel="“noopener noreferrer”" target=""_blank"">requirements of</a> <a href=""/clause/the-contract-documents"" rel="“noopener noreferrer”" target=""_blank"">the Contract Documents</a> <a href=""/clause/related-to"" rel="“noopener noreferrer”" target=""_blank"">related to</a> such phase are <a href=""/clause/satisfied"" rel="“noopener noreferrer”" target=""_blank"">satisfied</a> and the <a href=""/clause/cdot"" rel="“noopener noreferrer”" target=""_blank"">CDOT</a> <a href=""/clause/acceptance-letter"" rel="“noopener noreferrer”" target=""_blank"">Acceptance Letter</a> for such phase can be <a href=""/clause/issued"" rel="“noopener noreferrer”" target=""_blank"">issued</a>. <a href=""/clause/portions"" rel="“noopener noreferrer”" target=""_blank"">Portions</a> of <a href=""/clause/the-phase"" rel="“noopener noreferrer”" target=""_blank"">the phase</a> may be separately and <a href=""/clause/partially"" rel="“noopener noreferrer”" target=""_blank"">partially</a> <a href=""/dictionary/deemed"" rel="“noopener noreferrer”" target=""_blank"">deemed</a> Finally Complete at the <a href=""/clause/discretion"" rel="“noopener noreferrer”" target=""_blank"">discretion</a> of the <a href=""/clause/principal-representative"" rel="“noopener noreferrer”" target=""_blank"">Principal Representative</a> when that portion of the phase reaches such stage of completion and a partial CDOT Acceptance Letter for such phase can be issued. Based on 2 documents <dfn>Finally Complete</dfn> <!-- -->means the <a href=""/clause/point"" rel="“noopener noreferrer”" target=""_blank"">point</a> <a href=""/clause/in-time"" rel="“noopener noreferrer”" target=""_blank"">in time</a> when the <a href=""/clause/work-and-services"" rel="“noopener noreferrer”" target=""_blank"">Work and services</a> of <a href=""/clause/this-agreement"" rel="“noopener noreferrer”" target=""_blank"">this Agreement</a> is <a href=""/clause/fully-complete"" rel="“noopener noreferrer”" target=""_blank"">fully complete</a> <a href=""/clause/in-accordance-with"" rel="“noopener noreferrer”" target=""_blank"">in accordance with</a> <a href=""/clause/the-contract-documents"" rel="“noopener noreferrer”" target=""_blank"">the Contract Documents</a>, all <a href=""/clause/punchlists"" rel="“noopener noreferrer”" target=""_blank"">Punchlists</a> have been <a href=""/clause/completed"" rel="“noopener noreferrer”" target=""_blank"">completed</a> and the <a href=""/clause/contractor-has"" rel="“noopener noreferrer”" target=""_blank"">Contractor has</a> <a href=""/dictionary/fulfilled"" rel="“noopener noreferrer”" target=""_blank"">fulfilled</a> all of the <a href=""/clause/requirements-of"" rel="“noopener noreferrer”" target=""_blank"">requirements of</a> <a href=""/clause/section"" rel="“noopener noreferrer”" target=""_blank"">Section</a> 39 of <a href=""/clause/the-general-conditions"" rel="“noopener noreferrer”" target=""_blank"">the General Conditions</a>. Based on 2 documents <dfn>Finally Complete</dfn> <!-- -->or “Final Completion” and <a href=""/clause/similar"" rel="“noopener noreferrer”" target=""_blank"">similar</a> <a href=""/clause/words-and-phrases"" rel="“noopener noreferrer”" target=""_blank"">words and phrases</a> mean that <a href=""/clause/the-work"" rel="“noopener noreferrer”" target=""_blank"">the Work</a>, <a href=""/clause/including"" rel="“noopener noreferrer”" target=""_blank"">including</a> all <a href=""/clause/punch-list-items"" rel="“noopener noreferrer”" target=""_blank"">punch list items</a>, is <a href=""/clause/fully"" rel="“noopener noreferrer”" target=""_blank"">fully</a> <a href=""/clause/completed"" rel="“noopener noreferrer”" target=""_blank"">completed</a> and <a href=""/dictionary/usable"" rel="“noopener noreferrer”" target=""_blank"">usable</a> <a href=""/clause/by-the-owner"" rel="“noopener noreferrer”" target=""_blank"">by the Owner</a> and that all <a href=""/clause/corrective-action-required"" rel="“noopener noreferrer”" target=""_blank"">corrective action required</a> <a href=""/clause/in-connection-with"" rel="“noopener noreferrer”" target=""_blank"">in connection with</a> any <a href=""/clause/final-inspection"" rel="“noopener noreferrer”" target=""_blank"">final inspection</a> has been completed. The Final Completion <a href=""/clause/date-of"" rel="“noopener noreferrer”" target=""_blank"">Date of</a> the Work is the <a href=""/dictionary/date-specified"" rel="“noopener noreferrer”" target=""_blank"">date specified</a> on <a href=""/dictionary/page-2"" rel="“noopener noreferrer”" target=""_blank"">page 2</a> of <a href=""/clause/the-construction-agreement"" rel="“noopener noreferrer”" target=""_blank"">the Construction Agreement</a> in the <a href=""/clause/section"" rel="“noopener noreferrer”" target=""_blank"">Section</a> <a href=""/dictionary/labeled"" rel="“noopener noreferrer”" target=""_blank"">labeled</a> <a href=""/clause/time"" rel="“noopener noreferrer”" target=""_blank"">Time</a> & <a href=""/clause/dates"" rel="“noopener noreferrer”" target=""_blank"">Dates</a>. Based on 2 documents <dfn>Finally Complete</dfn> <!-- -->each mean the <a href=""/clause/required"" rel="“noopener noreferrer”" target=""_blank"">required</a> finished condition of <a href=""/clause/the-hotel"" rel="“noopener noreferrer”" target=""_blank"">the Hotel</a> and the status of <a href=""/clause/the-work"" rel="“noopener noreferrer”" target=""_blank"">the Work</a> <a href=""/clause/existing"" rel="“noopener noreferrer”" target=""_blank"">existing</a> on the <a href=""/clause/date-of-final-completion"" rel="“noopener noreferrer”" target=""_blank"">Date of Final Completion</a>. Based on 1 documents <dfn>Finally Complete</dfn> <!-- -->means the <a href=""/clause/point"" rel="“noopener noreferrer”" target=""_blank"">point</a> <a href=""/clause/in-time"" rel="“noopener noreferrer”" target=""_blank"">in time</a> that <a href=""/clause/the-work"" rel="“noopener noreferrer”" target=""_blank"">the Work</a> has been <a href=""/clause/fully"" rel="“noopener noreferrer”" target=""_blank"">fully</a> <a href=""/clause/completed"" rel="“noopener noreferrer”" target=""_blank"">completed</a> (<a href=""/clause/including"" rel="“noopener noreferrer”" target=""_blank"">including</a>, but <a href=""/clause/not-limited"" rel="“noopener noreferrer”" target=""_blank"">not limited</a> to, all <a href=""/clause/punch-lists"" rel="“noopener noreferrer”" target=""_blank"">Punch Lists</a>) <a href=""/clause/in-accordance-with"" rel="“noopener noreferrer”" target=""_blank"">in accordance with</a> <a href=""/clause/the-terms-and-conditions"" rel="“noopener noreferrer”" target=""_blank"">the terms and conditions</a> <a href=""/dictionary/set-forth"" rel="“noopener noreferrer”" target=""_blank"">set forth</a> in <a href=""/clause/the-contract-documents"" rel="“noopener noreferrer”" target=""_blank"">the Contract Documents</a> (as herein <a href=""/clause/defined"" rel="“noopener noreferrer”" target=""_blank"">defined</a>). Based on 1 documents

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard '������ý definitions' below, with guidance on which documents and which industry to use for each.

������ý Definition 1

• Finally Complete means a stage where all outlined work and obligations are fully accomplished, verified and no further work is required.

Relevant Contract Types

• Construction Contract
• Service Level Agreement
• Software Development Agreement
• Professional Service Contract

Relevant Circumstances

• Completion of a building or construction project.
• Delivery of planned services or products.
• Completion of a software development project.
• Fulfillment of professional service obligations.

Relevant Sectors

• Construction
• IT Services
• Professional Services

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