TERM, COMMENCEMENT AND EXPIRATION DATES Sample Clauses

TERM, COMMENCEMENT AND EXPIRATION DATES. The initial term of this Lease (the “Initial Term”) shall be for a period of sixty six (66) years commencing on the first day of the calendar month during which Landlord delivers the Notice to Proceed with Initial Improvements as set forth in Section 7.1 (the “Lease Commencement Date”) and, unless sooner terminated as herein provided, shall expire on the last day of the sixtieth (66th) year thereafter at 11:59 p.m., but in no event later than December 31, 2086 (the “Expiration Date”). For example, if the Lease Commencement Date is December 1, 2017, then the Expiration Date will be November 30, 2083. On or after the Lease Commencement Date, Landlord shall deliver to Tenant a written statement confirming the actual Lease Commencement Date, but Landlord’s failure to do so shall not affect the date.
Sample 1
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TERM, COMMENCEMENT AND EXPIRATION DATES. The term of this Lease (the “Term”) shall be twelve (12) months, commencing on September 1st, 2008 (the “Commencement Date”), and expiring on August 31, 2009, unless earlier terminated as provided herein. Following the end of the initial term this lease may be renewed for an additional twelve (12) months with a 3% increase in basic rent. Tenant’s possession of the Premises prior to the Commencement Date shall be subject to all the provisions of this Lease except that the Term and Tenant’s obligation to pay Basic Rent shall not begin until the Commencement Date.
Sample 1
TERM, COMMENCEMENT AND EXPIRATION DATES. The term of this Lease (the "Lease Term") shall be approximately 33.61 months, commence on the earlier of March 13, 2000, or the date Tenant takes possession of the Premises (the "Commencement Date") and expiring on January 31, 2003, unless earlier terminated as provided herein. The Lease Term means the entire term of this Lease, including any extension or renewal terms.
Sample 1
TERM, COMMENCEMENT AND EXPIRATION DATES. The term of this Lease (the 'Term") shall commence on the later of (i) July 15, 2007, and (ii) the date that Landlord delivers the Premises (the "Commencement Date"), and shall expire on the date that is sixty-three (63) months after the Commencement Date (the "Expiration Date"), unless earlier terminated as provided herein. Landlord shall use commercially reasonable efforts to deliver possession of the Premises to Tenant on or before July 15, 2007. If the Commencement Date has not occurred by July 15, 2007 due to the failure of an existing tenant to vacate the Premises, Tenant agrees that Landlord shall not be liable to Tenant for any loss or damage resulting there from and this Lease shall not be void or voidable, and Landlord shall diligently proceed with eviction proceedings against such holdover tenant(s), at Landlord cost and expense. Notwithstanding the foregoing, (i) Tenant shall have no obligation to pay Basic Rent or any other rent or charges payable under this Lease until the Premises has been delivered to Tenant, and (ii) if the Commencement Date has not occurred by October 15, 2007, Tenant shall be entitled to terminate this Lease by delivering written notice to Landlord of such termination, in which event neither Landlord nor Tenant shall have any further obligations hereunder and Landlord will promptly return the Letter of Credit (defined in Section 1(f)) and any prepaid rent or other charges paid by Tenant to Landlord. When the Commencement Date has been ascertained, the parties hereto agree promptly to execute a memorandum confirming the Commencement Date and scheduled Expiration Date.
Sample 1
TERM, COMMENCEMENT AND EXPIRATION DATES. As of the Effective Date, the definitions of “Term Commencement Date”, and “Term Expiration Date” in the Basic Lease Information section of the Lease shall be deemed to refer, respectively and solely in respect of the Relocation Premises, to the Relocation Commencement Date, and the Relocation Expiration Date set forth in Paragraph 1(a) of this First Amendment. The “Term Expiration Date”, solely in respect of the Original Premises, shall be deemed to refer to the Original Premises Surrender Date determined under Paragraph 2 of this First Amendment.
Sample 1
TERM, COMMENCEMENT AND EXPIRATION DATES. As of the Effective Date, the definitions of “Term Commencement Date”, the “Rent Commencement Date”, and “Term Expiration Date” in the Basic Lease Information section of the Lease shall be deemed to refer, respectively and solely in respect of the Relocation Premises, to the Relocation Commencement Date, the Relocation Rent Commencement Date, and the Relocation Expiration Date set forth in Paragraph 1(a) of this Second Amendment. The “Term Expiration Date”, solely in respect of the Original Premises, shall be deemed to refer to the Original Premises Surrender Date determined under Paragraph 2 of this Second Amendment.
Sample 1
TERM, COMMENCEMENT AND EXPIRATION DATES. Landlord and Tenant hereby confirm that the Term Commencement Date is June 12, 1995 and that the Term Expiration Date is January 31, 2001. Landlord and Tenant hereby reconfirm that pursuant to that certain Consent to Sublease dated March 28, 1996 between Landlord, Tenant and The Stubxxxx Xxxociates, Inc., the term of the Lease with respect to the fifth and sixth floors of the Building commences May 21, 1996 and expires June 8, 2001.
Sample 1
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TERM, COMMENCEMENT AND EXPIRATION DATES. A. The "Commencement Date" of the term of this lease shall be the date of Delivery of Possession of the Demised Premises.
Sample 1

Related to TERM, COMMENCEMENT AND EXPIRATION DATES

  • Commencement and Expiration This Agreement shall commence as of the date first above written and, unless sooner terminated pursuant to Paragraph 5.2 or by operation of law or otherwise, shall expire at the end of the Offering Period.

  • Term Commencement Date The term of this Agreement shall commence on , 2020 (the “Commencement Date”) and, unless earlier terminated in accordance with the terms of this Agreement, shall end on June 30, 2055 (the “Term”).

  • Term Commencement The term for each Service will commence on the Service Commencement Date indicated in the Notice of Service Commencement delivered by Exodus to Customer when Exodus begins providing each Service to Customer.

  • Rent Commencement Date The "Rent Commencement Date" shall be the date that Tenant first uses the Premises or any portion thereof for any purpose permitted under this lease. In the event this lease pertains to a building or building interior finish to be constructed, the "Rent Commencement Date" shall be the date upon which the buildings and other improvements erected and to be erected upon the premises shall have been substantially completed in accordance with the plans and specifications described on Exhibit "C" attached hereto and incorporated herein by reference, provided however, that if Landlord shall be delayed in such substantial completion as a result of: (i) Tenant's failure to agree to plans, specifications, and cost estimates, within a reasonable period of time; (ii) Tenant's request for materials, finishes or installations other than Landlord's standard; (iii) Tenant's changes in plans: the commencement date and the payment of rent hereunder shall be accelerated by the number of days of such delay, and provided further that if Landlord cannot substantially complete the premises as a result of any events (i) through (iii) above, Landlord may as its election complete so much of Landlord's work as may be practical under the circumstances and, by written notice to Tenant, establish the commencement date as the date of such partial completion, subject to any applicable accelerations due to delays resulting from events (i) through (iii) above. Taking possession by Tenant shall be deemed conclusively to establish that said buildings and other improvements have been completed in accordance with the plans and specifications and that the premises are in good and satisfactory condition, as of when possession was so taken. Tenant acknowledges that no representations as to the repair of the premises have been made by Landlord, unless such are expressly set forth in the lease. After such "Rent Commencement Date" Tenant shall, upon demand, execute and deliver to Landlord a letter of acceptance of delivery of the premises. In the event of any dispute as to substantial completion of work performed, execute or required to be performed by Landlord, the certificate of Landlord's architect or general contractor shall be conclusive.

  • Commencement Date Delay Except as otherwise provided in the Lease, Delivery of the Premises shall occur when Landlord’s Work has been Substantially Completed, except to the extent that completion of Landlord’s Work shall have been actually delayed by any one or more of the following causes (“Tenant Delay”):

  • Term and Expiration This Agreement shall be effective as of the Effective Date and unless terminated earlier pursuant to Section 9.2 or 9.3, this Agreement shall continue in effect until expiration of all royalty obligations hereunder. Upon expiration of all royalty obligations under this Agreement, such licenses to Merck pursuant to Sections 3.1(a), 3.1(b) and 3.2 as were in effect immediately prior to such expiration shall become fully paid-up, perpetual licenses. *** Confidential Treatment Requested

  • Commencement Date The Subcontractor shall be permitted to begin the Services on , 20 (“Commencement Date”).

  • Extension of Facility Termination Date The Seller may advise any Managing Agent in writing of its desire to extend the Facility Termination Date for an additional period not exceeding 364 days, provided such request is made not more than 90 days prior to, and not less than 60 days prior to, the then current Facility Termination Date. Each Managing Agent so advised by the Seller shall promptly notify each Committed Purchaser in its related Purchaser Group of any such request and each such Committed Purchaser shall notify its related Managing Agent, the Collateral Agent and the Seller of its decision to accept or decline the request for such extension no later than 30 days prior to the then current Facility Termination Date (it being understood that each Committed Purchaser may accept or decline such request in its sole discretion and on such terms as it may elect, and the failure to so notify its Managing Agent, the Collateral Agent and the Seller shall be deemed an election not to extend by such Committed Purchaser). In the event that at least one Committed Purchaser agrees to extend the Facility Termination Date, the Seller Parties, the Collateral Agent, the extending Committed Purchasers and the applicable Managing Agent or Managing Agents shall enter into such documents as such extending Committed Purchasers may deem necessary or appropriate to reflect such extension, and all reasonable costs and expenses incurred by such Committed Purchasers, the Managing Agents and the Collateral Agent (including reasonable attorneys’ fees) shall be paid by the Seller. In the event that any Committed Purchaser (a) declines the request to extend the Facility Termination Date or (b) is in a Purchaser Group with respect to which the Seller did not seek an extension of the Facility Termination Date (each such Committed Purchaser being referred to herein as a “Non-Renewing Committed Purchaser”), and, in the case of a Non-Renewing Committed Purchaser described in clause (a), the Commitment of such Non-Renewing Committed Purchaser is not assigned to another Person in accordance with the terms of this Article XI prior to the then current Facility Termination Date, the Purchase Limit shall be reduced by an amount equal to each such Non-Renewing Committed Purchaser’s Commitment on the then current Facility Termination Date.

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