Lease Commencement definition

Lease Commencement. Sublandlord shall make reasonable efforts to provide the Premises to Subtenant by October 1, 2010 and shall leave the Premises broom clean, in good order and condition. Sublandlord agrees to use its commercially reasonable efforts to work with Overlandlord and Archemix to obtain written agreement as to the specific dates for Archemix to vacate the Building, and Sublandlord agrees to negotiate in good faith with Subtenant if Sublandlord reasonably believes that Sublandlord will be able to deliver the Premises on a date that is prior to October 1, 2010. Time shall be of the essence with regard to the dates provided in this section. Base Rent: Rent shall be $49.00 NNN per rentable square foot. Rent Commencement: Upon delivery of the Premises. Operating Expenses, Insurance and (teal Estate Taxes: Subtenant will pay its proportionate share of the actual operating expenses. Subtenant reserves the right to review a projected operating expense budget prior to Sublease execution. The operating expenses are currently projected to be $13.68/rsf for Calendar Year 2010. Subtenant will pay its proportionate share of the real estate taxes. The real estate taxes are estimated to be $9.69/rsf for Fiscal Year 2010. Subtenant shall be responsible for paying for its utilities and for the cleaning of the Premises. The Premises are separately submetered for electric. Rental Abatement: None. Delivery Condition: Space will be delivered “as is,” broom clean, and in good order and condition.

Lease Commencement. Date: December 1, 1993 or such earlier or later date as provided In Section 3 hereof ("Commencement Date").

Lease Commencement. Date: July 1, 1997 Lease Termination Date: June 30, 2000 unless sooner terminated as herein provided. Annual Fixed Rent for the Lease Term: $185,079 per annum ($15,423.25/month) for each Lease Year during the Initial Lease Term which includes Tenant's electricity charge for the Leased Premises. As used in this Lease, Lease Year shall mean a period of twelve (12) calendar months, with the first Lease Year to commence upon the Lease Commencement Date and end upon the anniversary thereof, and with successive Lease Years continuing for twelve (12) month intervals thereafter until the Lease Termination Date. XXXXXX's Share of Base Operating Expenses Included in Annual Fixed Rent Those incurred during calendar year ending December 31, 1996, or $3.25 per square foot, whichever is higher. XXXXXX's Share of Real Estate Tax Expenses Included in Annual Fixed Rent $1.90 per rentable square foot of the Leased Premises. XXXXXX's Proportionate Share of Operating Expenses: 10.5% Percent XXXXXX's Proportionate Share of Real Estate Tax Expenses: 10.5% Percent Total Rentable Floor Area of the Building: approximately 103,455 rentable square feet, including fifteen (15) percent common area factor. Security Deposit: $92,539.50 - see Section 4

Examples of Lease Commencement in a sentence

• The first Lease Year Anniversary shall be the date twelve (12) calendar months after the first day of the first full month immediately following the Lease Commencement Date and successive Lease Year Anniversaries shall be the date twelve (12) calendar months from the previous Lease Year Anniversary.

• Term and Termination 5.1 This Lease shall commence on the Lease Commencement Date and shall remain valid thereafter for the Lease Term.

• The Parties agree that, the Landlord shall deliver the Premises to the Tenant in accordance with the provisions of this Lease on the Lease Commencement Date, or as otherwise agreed between the Parties, ready for purpose, use and occupation by the Tenant.

• Tenant shall be deemed to have exercised its Option to Lease and to be bound under the terms of this Lease if (i) Tenant shall occupy the Premises prior to the expiration of the Option Period, whereupon the date of occupancy shall be deemed the Lease Commencement Date, or (ii) Tenant shall not provide written notice to Landlord of its termination of this Lease prior to the expiration of the Option Period.

• During such period and until the Utilities’ accounts have been transferred to the Tenant’s name, the Tenant agrees to pay the applicable charges from the Lease Commencement Date, based on the corresponding bills for the Premises issued by the relevant utilities’ provider.

More Definitions of Lease Commencement

Lease Commencement. DATE: January 1, 1999 RENT COMMENCEMENT DATE: January 1, 1999 LEASE EXPIRATION DATE: December 31, 2010

Lease Commencement means the date on which the Company occupies the Property with its employees.

Lease Commencement means the actual date of the commencement of the lease as agreed between the Lessor and the Prospective Lessee;

Lease Commencement means the date on which a tenant, or a directly related entity, takes possession of eligible premises or the occupancy date for eligible premises agreed to in a lease or sublease by a tenant, whichever occurs first.

Lease Commencement. <<Lease Start Date>> Lease Ends: <<Lease End Date>> Length of Lease: <<Lease Term (Months)>> The Lease will commence and terminate at 12 noon on the dates outlined above. Tenant will pay monthly rental installments as outlined: Monthly Rent: <<Monthly Rent>> Additional Rent: Additional Rent Pet Rent: Pet Rent Utility Fee: Utility Fee Total Monthly Charges: <<Monthly Charges>> Prorated 1st Month's Rent: Pro-rated 1st Month's Rent # of Full Month's Rent: Full Month's of Rent Prorated Last Month's Rent: Prorated Last Month's Rent Total Rent Due: <<Total Rent for Lease Term>> Security Deposit: <<Security Deposit Charges>> Pet Fee: One-time Pet Fee Additional Deposit: Additional Deposit Total Deposit & Fees Due: Total Deposit & Fees

Lease Commencement means the date on which the Company occupies

Lease Commencement date: As provided in Article 52.