Common use of Acceptance by the Tenant Clause in Contracts

Acceptance by the Tenant. (a) If, having received the TRM Authorisation Request and the Relevant Estimates provided by the Landlord pursuant to Clause 8.3(a), the Tenant wishes to have the Tenant's Requested Modification made it shall within five (5) Business Days after receipt of such TRM Authorisation Request and Relevant Estimates countersign (by way of acknowledgement) and return the duly countersigned duplicate (without amendment or qualification) of the TRM Authorisation Request to the Landlord. (b) The countersigning and returning of the duplicate TRM Authorisation Request unamended and unqualified by the Tenant authorises the Landlord to proceed with the Tenant's Requested Modification and confirms that any actual Tenant's Delay and Development Costs properly referable to the Tenant's Requested Modification, whether or not in excess of those set out in the Relevant Estimates, shall constitute Development Costs and Tenant's Delay for all relevant purposes under this Agreement, independent of the Relevant Estimates but subject to all relevant terms and conditions of this Agreement, including, without limitation, the final grammatical paragraph of Clause 8.3(a) above and Clauses 8.5 and 8.7 below.

Appears in 2 contracts

Samples: Lease Agreement (Rackspace Hosting, Inc.), Lease Agreement (Rackspace Hosting, Inc.)

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Acceptance by the Tenant. (a) 8.5.1 If, having received the TRM Authorisation Request and the Relevant Estimates provided by the Landlord Developer pursuant to Clause 8.3(a)8.4.1, the Tenant wishes to have the Tenant's Requested Modification made it shall within five six (56) Business Working Days after receipt of such TRM Authorisation Request and Relevant Estimates countersign (by way of acknowledgement) and return the duly countersigned duplicate (without amendment or qualification) of the TRM Authorisation Request to the Landlord.Developer (b) 8.5.2 The countersigning and returning of the duplicate TRM Authorisation Request unamended and unqualified by the Tenant authorises the Landlord Developer to proceed with or procure that CWCL proceeds with the Tenant's Requested Modification and confirms that any the actual Tenant's Delay and Development Modification Costs properly referable to the Tenant's Requested Modification, Modification incurred by the Developer and/or CWCL whether or not in excess of those set out in the Relevant Estimates, Costs Estimate shall (inter alia) constitute Development Modification Costs for the purposes of this Agreement and that the Tenant shall be responsible for all the consequences of any actual resulting period of Xxxxxx's Delay whether or not in excess of the Estimate of Xxxxxx's Delay and shall have the benefit of any actual Unspent Costs referable to the Tenant's Delay for all relevant purposes under this Agreement, independent of the Relevant Estimates but subject to all relevant terms and conditions of this Agreement, including, without limitation, the final grammatical paragraph of Clause 8.3(a) above and Clauses 8.5 and 8.7 below.Requested Modification in question

Appears in 1 contract

Samples: Agreement for Lease (Northern Trust Corp)

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Acceptance by the Tenant. (a) 7.5.1 If, having received the TRM Authorisation Request and the Relevant Estimates provided by the Landlord Developer pursuant to Clause 8.3(a)7.4.1, the Tenant wishes to have the Tenant's ’s Requested Modification made it shall (within the period specified in the memorandum being not less than five (5) Business Working Days after receipt of such TRM Authorisation Request and Relevant Estimates Estimates) countersign (by way of acknowledgement) and return the duly countersigned duplicate (without amendment or qualification) of the TRM Authorisation Request to the Landlord.Developer (b) 7.5.2 The countersigning and returning of the duplicate TRM Authorisation Request unamended and unqualified by the Tenant authorises the Landlord Developer to proceed with the Tenant's ’s Requested Modification and confirms that any the actual Tenant's Delay and Development Modification Costs properly referable to the Tenant's ’s Requested Modification, Modification incurred by the Developer whether or not in excess of those set out in the Relevant Estimates, Costs Estimate shall (inter alia) constitute Development Modification Costs for the purposes of this Agreement and Tenant's Delay that the Tenant shall be responsible for all relevant purposes under this Agreement, independent the consequences of any actual resulting period of Tenant’s Delay whether or not in excess of the Relevant Estimates but subject to all relevant terms and conditions Estimate of this Agreement, including, without limitation, the final grammatical paragraph of Clause 8.3(a) above and Clauses 8.5 and 8.7 below.Tenant’s Delay

Appears in 1 contract

Samples: Agreement for Lease (Moodys Corp /De/)

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