Common use of Adjusted Commencement Date Clause in Contracts

Adjusted Commencement Date. In the event Tenant cannot have access to the entire Leased Premises by the Tenant’s Work Commencement Date and occupancy and possession of the entire Leased Premises by the Commencement Date due to Landlord’s failure to complete Landlord’s Work, the following shall apply. a. The Adjusted Commencement Date shall be the later date of either of the following: (i) The date which is sixteen (16) days subsequent to the actual Tenant’s Work Commencement Date. (ii) The date that Landlord’s Work is substantially completed.

Adjusted Commencement Date. In the event Tenant cannot have access to the entire Leased Premises by the Tenant’s Work Commencement Date and occupancy and possession of the entire Leased Premises by the Commencement Date due to Landlord’s failure to complete Landlord’s WorkWork and obtain the Certificate of Occupancy for the Leased Premises, the following shall apply. a. The Adjusted Commencement Date shall be the later date of either of the following: (i) The date which is sixteen (16) days subsequent to the actual Tenant’s Work Commencement Date. (ii) The date that Landlord’s Work is substantially completed.