Acquisition of the Premises Sample Clauses

Acquisition of the Premises. 3.1 The Landlord shall comply in all material respects with all obligations on its part contained in the Purchase Contract and use its reasonable endeavours to procure that Lincoln complies with its obligations therein 3.2 The Landlord shall not make any variation to the provisions of the Transfer which would adversely affect the rights or obligations of the Tenant under this Agreement and/or Lease and/or the Lincoln Lease nor vary the completion date (by more than 5 Working Days) or waive any obligations and conditions imposed on Lincoln in respect of the Contractor's Warranties in the Purchase Contract and/or imposed on Lincoln Insurance relating to the entry into of the Lincoln Lease 3.3 Prior to completion of the purchase of the Premises the Landlord will obtain an H.M. Land Registry Priority Search in favour of the Landlord and/or any mortgagee in respect of Title Number AGL 47068 and shall provide a certified copy thereof to the Tenant 3.4 Within ten Working Days of completion of the purchase of the Premises the Landlord shall provide to the Tenant a certified copy of the Transfer of the Premises duly stamped with ad valorem stamp duty and a Pd stamp 3.5 The Landlord shall procure that:-
Sample 1
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Acquisition of the Premises. If Funding Recipient has purchased the Premises with its own funds and seeks reimbursement from DDC, Funding Recipient shall have provided DDC with evidence that the purchase of the Premises by Funding Recipient has closed, the purchase price has been paid in full and that Funding Recipient holds all right, title and interest to the Premises in its name. If DDC agrees to disburse the Funding directly to the Eligible Seller of the Premises and the purchase price of the Premises exceeds the amount of the Funding, Funding Recipient shall have informed DDC in writing of the source of the additional funds that Funding Recipient proposes to utilize to purchase the Premises.
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Acquisition of the Premises. [Intentionally omitted].
Sample 1
Acquisition of the Premises. This Lease is subject to and conditioned upon (A) Landlord’s acquisition of the Land and Building by August 31, 2024, (B) the receipt by Tenant of an unconditional Charter from the authorizer on or before August 22, 2024, (C) a final approved Budget, DDs and Pro Forma evidencing Tenant can meet the financial covenants set forth herein, which Budget, DDs and Pro Forma must be acceptable to Landlord in its sole discretion, and (D) Landlord closing on construction financing in an amount and on such terms acceptable to Landlord in its sole discretion. In the event the foregoing conditions are not met, Landlord may terminate this Lease on ten (10) days’ written notice to Tenant, upon which this Lease shall be deemed terminated, and thereafter neither Landlord nor Tenant shall have any further obligation to one another.
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Acquisition of the Premises 
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Related to Acquisition of the Premises

  • Condition of the Premises (a) The parties acknowledge that Tenant is currently in occupancy of the Original Premises, has inspected the same and the Building and is fully familiar with the physical condition thereof and Tenant agrees to accept the Original Premises at the Extended Term Commencement Date in its then “as is” condition. Tenant acknowledges and agrees that Landlord shall have no obligation to do any work in or to the Original Premises in order to make it suitable and ready for continued occupancy and use by Tenant. (b) Tenant acknowledges and agrees that: (i) it has inspected the Additional Space, is fully familiar with the physical condition thereof and agrees to accept possession of the Additional Space in its then “as-is” condition as of the A.S. Commencement Date and (ii) Landlord shall have no obligation to do any work in or to the Additional Space in order to make it suitable and ready for occupancy and use by Tenant, except to the extent expressly provided for in this Article 3. 3.02 Landlord shall perform Landlord’s Work (as hereinafter defined) at its sole cost and expense provided, however, that Tenant shall pay to Landlord the sum of $10,000.00 towards the cost of such work upon execution of this Agreement. Landlord shall perform the work set forth on the plans annexed hereto and made a part hereof as Exhibit B (“Landlord’s Work”) in a building standard manner using building standard materials in compliance with all Applicable Laws with reasonable dispatch, subject to delay by causes beyond Landlord’s control or by the action or inaction of Tenant; provided, however, that Tenant acknowledges and agrees that (a) Landlord’s Work will be performed during normal business hours (unless Landlord, in its sole discretion, elects otherwise) while Tenant remains in occupancy of the Original Premises and such work shall not constitute an eviction of Tenant in whole or in part, constructive or actual, and shall not be a ground for any abatement of rent and shall not impose liability on Landlord by reason of any inconvenience, injury to Tenant’s business or otherwise, (b) in order to facilitate the performance by Landlord of Landlord’s Work without delay and/or additional expense to Landlord, Tenant shall promptly upon Landlord request and at Tenant’s sole cost and expense relocate to other areas of the Original Premises all materials, personalty, furnishings, personal property, fixtures, trade fixtures and equipment presently located in the Conference Room as reasonably designated by Landlord, (c) until the completion of Landlord’s Work, Landlord, and/or its designated agents, shall be permitted to access the Original Premises and take all materials and equipment into the Original Premises that may be required for the performance of any portion of Landlord’s Work, and (d) Landlord, and/or its designated agents, shall perform Landlord’s Work in reasonable coordination with any work being performed in the Original Premises by or on behalf of Tenant; provided, however, that Tenant and/or Tenant’s designees shall not interfere with or delay the performance of Landlord’s Work or increase the cost for Landlord, and/or its designated agents, to perform the same. Tenant acknowledges and agrees that the performance of Landlord’s Work is expressly conditioned upon compliance by Tenant with all the terms and conditions of the Lease, including payment of Rent. 3.03 Any changes in or additions to Landlord’s Work, which shall be (a) requested by Tenant or Tenant’s designated agents, (b) consented to by Landlord, and (c) made by Landlord, or its agents, shall be paid for by Tenant promptly when billed at the net additional out of pocket cost to Landlord plus 5% for overhead. Any further changes in or additions to the Additional Space after Landlord’s Work has been completed, which shall be (a) requested by Tenant or Tenant’s designated agents,

  • CONSTRUCTION OF THE PROJECT/ APARTMENT The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the [Apartment/Plot] and accepted the floor plan, payment plan and the specifications, amenities and facilities [annexed along with this Agreement] which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye-laws, FAR and density norms and provisions prescribed by the [Please insert the relevant State laws]and shall not have an option to make any variation /alteration / modification in such plans, other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of the Agreement.

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