Common use of ACCEPTANCE OF PREMISES MEMORANDUM Clause in Contracts

ACCEPTANCE OF PREMISES MEMORANDUM. No later than the Commencement Date, Landlord and Tenant shall execute the Acceptance of Premises Memorandum (herein so called) attached hereto as Exhibit B. If Tenant occupies the Premises without executing an Acceptance of Premises Memorandum, Tenant shall be deemed to have accepted the Premises for all purposes and Substantial Completion shall be deemed to have occurred on the earlier to occur of: (i) actual occupancy, (ii) the Commencement Date set forth in Item 4 of Article 1, or (iii) the date Tenant commences doing business at the Premises if Landlord consents to an early occupancy as set forth in Section 2.2.1.

Appears in 1 contract

Samples: Commercial Lease Agreement (RxSight, Inc.)

AutoNDA by SimpleDocs

ACCEPTANCE OF PREMISES MEMORANDUM. No later than Upon Substantial Completion (as defined in the Commencement DateWork Letter) of Tenant's Improvements, Landlord and Tenant shall execute the Acceptance of Premises Memorandum (herein so called) attached hereto as Exhibit B. If Tenant occupies the Premises without executing an Acceptance of Premises Memorandum, Tenant shall be deemed to have accepted the Premises for all purposes and Substantial Completion shall be deemed to have occurred on the earlier to occur of: (i) actual occupancy, (ii) the Commencement Date set forth in Item 4 of Article 1, or (iii) the date Tenant commences doing business at the Premises if Landlord consents to an early occupancy as set forth in Section 2.2.1.

Appears in 1 contract

Samples: Commercial Lease Agreement (Medstone International Inc/)

ACCEPTANCE OF PREMISES MEMORANDUM. No later than Upon Substantial Completion (as defined in the Commencement DateWork Letter) of Tenant's Improvements, Landlord and Tenant shall execute the Acceptance of Premises Memorandum (herein so called) attached hereto as Exhibit B. If Tenant occupies the Premises without executing an Acceptance of Premises Memorandum, Tenant shall be deemed to have accepted the Premises for all purposes and Substantial Completion shall be deemed to have occurred on the earlier to occur of: (i) actual occupancy, (ii) the Commencement Date set forth in Item 4 of Article 1I, or (iii) the date Tenant commences doing business at the Premises if Landlord consents to an early occupancy as set forth in Section 2.2.1.

Appears in 1 contract

Samples: Commercial Lease Agreement (Natural Health Trends Corp)

AutoNDA by SimpleDocs

ACCEPTANCE OF PREMISES MEMORANDUM. No later than Upon Substantial Completion (as defined in the Commencement DateWork Letter) of Tenant's Improvements, Landlord and Tenant shall execute the Acceptance of Premises Memorandum (herein so called) attached hereto as Exhibit B. If Tenant occupies the Premises without executing an Acceptance of Premises Memorandum, Tenant shall be deemed to have accepted the Premises for all purposes and Substantial Completion shall be deemed to have occurred on the earlier to occur of: (i) actual occupancy, occupancy (ii) the Commencement Date set forth in Item 4 of Article 1, 1 or (iii) the date Tenant commences doing business at the Premises if Landlord consents to an early occupancy as set forth in Section 2.2.1.

Appears in 1 contract

Samples: Commercial Lease Agreement (Tm Century Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!