Additional Premises Commencement Date Clause Samples
The "Additional Premises Commencement Date" clause defines the specific date on which a tenant's rights and obligations regarding additional leased premises begin. This clause typically applies when a tenant is expanding into new space within the same property, and it sets out when rent, maintenance, and other lease terms for the added area become effective. By clearly establishing the start date for the additional premises, the clause ensures both parties understand when responsibilities commence, preventing disputes over occupancy and payment obligations.
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Additional Premises Commencement Date. The Effective Date and the Rent Commencement Date with respect to the Additional Premises shall be July 1, 2006 (the “Additional Premises Commencement Date”).
Additional Premises Commencement Date. The “Additional Premises Commencement Date” shall be the later of: (a) October 1, 2010, or (b) the date that Landlord delivers the Additional Premises free of any prior tenant or occupant. The “Additional Premises Rent Commencement Date” shall be the Additional Premises Commencement Date.
Additional Premises Commencement Date. The Term of this Lease for the Additional Premises shall commence on the date which is the earlier of (a) when Tenant, with Landlord's prior consent, assumes possession of the Additional Premises for its Permitted Uses, or (b) upon substantial completion of the Landlord’s Work (the "Additional Premises Commencement Date"). The Additional Premises shall be deemed “substantially completed” when the Landlord’s Work has been completed to the extent that the Additional Premises may be occupied by Tenant for its Permitted Use, subject only to completion of minor finishing, adjustment of equipment, and other minor construction aspects, and Landlord has procured a temporary or permanent certificate of occupancy permitting the occupancy of the Additional Premises, if required by law (hereafter, “Substantially Completed” or “Substantial Completion”). The Term for the Additional Premises shall expire co-terminously with the Current Premises on November 30, 2026. The Additional Premises Commencement Date shall be confirmed by Landlord and Tenant by the execution of a Confirmation of Lease Term in the form attached hereto as Exhibit "B". If Tenant fails to execute or object to the Confirmation of Lease Term within ten (10) business days of its delivery, Landlord’s determination of such date shall be deemed accepted.
Additional Premises Commencement Date. The Additional Premises ------------------------------------- Commencement Date is July 8, 1991.
Additional Premises Commencement Date. The "Additional Premises Commencement Date" shall be October 15, 1998, on or before which date Landlord has or will deliver possession of the Additional Premises to Tenant. To prepare the Additional Premises for Tenant's occupancy, Landlord has moved the existing demising wall to the east to incorporate the Additional Premises in the Premises and demolished the L-shaped wall, as shown on Exhibit "2" attached hereto and made a part hereof (collectively, "Landlord's
Additional Premises Commencement Date. The Additional Premises Commencement Date shall be the same date as the Additional Premises Occupancy Date, which shall be forty five (45) days subsequent to the Effective Date of this First Amendment to Lease.
Additional Premises Commencement Date. The later of (a) Substantial Completion or (b) approximately April 1, 2000 provided completed architectural drawings are submitted no later than February 18, 2000. If architectural plans are not submitted by February 18, 2000, the First Additional Premises Commencement Date will be upon April 1, 2000.
Additional Premises Commencement Date. The commencement date for the Additional Premises shall mean the date which is the earlier of (i) Substantial Completion of the Tenant Improvements described in the 36th Floor Work Letter Agreement attached hereto as Exhibit B, if any, and the tender of possession of the Premises to Tenant; (ii) The date that Tenant opens for business on the 36th floor; or (iii) May 1, 2000 ("▇▇▇▇ ▇▇▇▇▇ Commencement Date").
Additional Premises Commencement Date. The Term of the Lease with respect to the Additional Premises shall commence at 12:01 A.M. on the date (the “Additional Premises Commencement Date”) that is the earlier of (i) the date on which Tenant occupies all or any portion of the Additional Premises for the conduct of business (which shall not be deemed to have occurred by virtue of its performance of tenant improvement work, the installation of its wiring, furniture, equipment, or personal property, or the testing of computer and other equipment prior to the conduct of business, all pursuant to the provisions of this Amendment and Exhibit B to this Amendment or (ii) March 1, 2006.
Additional Premises Commencement Date a. The last sentence of Article 73B shall be deleted, and replaced in its entirety with the following: “If items 1-4, 7, 9-13, 14(i) and 15 on Landlord’s Work Letter annexed as Exhibit B (as same may have been modified by this Second Amendment) have not been substantially completed in the Additional Premises by October 1, 2015, and if items 5 and 8 on Landlord’s Work Letter annexed as Exhibit B has not been substantially completed by October 30, 2015, which dates shall be extended on a day-for-day basis for any period of a Force Majeure Event or Tenant Delay, then for each day that such items of work have not been substantially completed by the specified dates (as so extended by the occurrence of a Force Majeure Event or Tenant Delay), the Free Rent Period shall be extended on a day-for-day basis for the first thirty (30) days of such delay, and thereafter by two (2) days for each day of such delay.”
b. By letter dated September 30, 2015, Landlord notified Tenant that the Additional Premises Commencement Date was deemed to be September 30, 2015. At Tenant’s request, the parties agree that the Additional Premises Commencement Date shall be deemed to be October 1, 2015, and Landlord’s letter of September 30, 2015 is hereby withdrawn and shall be of no force or effect.