Common use of ACCEPTANCE OF PREMISES MEMORANDUM Clause in Contracts

ACCEPTANCE OF PREMISES MEMORANDUM. Within ten (10) days after Substantial Completion of the Tenant’s Improvements, Landlord and Tenant shall execute the Acceptance of Premises Memorandum (herein so called) in the form attached hereto as Exhibit E; provided, however, that in the event Tenant occupies the Premises for the purpose of conducting its business therefrom and fails to timely execute an Acceptance of Premises Memorandum, the Premises shall be deemed to be Substantially Complete (as defined in the Work Letter) and suitable for the Permitted Use without Tenant’s execution of an Acceptance of Premises Memorandum.

Appears in 2 contracts

Samples: Office Lease (FlexEnergy Green Solutions, Inc.), Office Lease (FlexEnergy Green Solutions, Inc.)

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ACCEPTANCE OF PREMISES MEMORANDUM. Within ten (10) days after Xxxxxxxx’s written request therefor following Substantial Completion of the Tenant’s ImprovementsImprovements for the Expansion Premises, Landlord and Tenant shall execute the Acceptance of Premises Memorandum (herein so called) in the form attached hereto as Exhibit E; provided, however, that in the event Tenant occupies the Expansion Premises for the purpose of conducting its business therefrom and fails to timely execute an Acceptance of Premises Memorandum, the Premises shall be deemed to be Substantially Complete (as defined in the Work Letter) and suitable for the Permitted Use without Tenant’s execution of an Acceptance of Premises Memorandum.

Appears in 2 contracts

Samples: Office Lease (Alkami Technology, Inc.), Office Lease (Alkami Technology, Inc.)

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