Beneficial Occupancy Period. Tenant may enter the Premises upon Substantial Completion of the Premises to conduct business therein, provided that prior to any such entry Tenant shall deliver to Landlord evidence the insurance required under Section 11.1 of this Lease has been obtained. Any such entry shall be on the terms of this Lease, but no Basic Rent, Operating Costs or Taxes under Section 4.2 of this Lease shall accrue during the period Tenant so enters the Premises prior to the Commencement Date. However, Tenant shall pay Tenant’s Proportionate Share of Electrical Costs during such period, notwithstanding anything else in this Lease. Tenant shall conduct its activities therein at its risk and expense.
Beneficial Occupancy Period. In the event the Tenant Improvements to be constructed in the Expansion Premises are Substantially Complete prior to the Expansion Commencement Date, Tenant will be permitted to occupy the Expansion Premises and commence and continue its business operations from the Expansion Premises from the date of substantial completion until such Expansion Commencement Date (the “Beneficial Occupancy Period”), provided that prior to such occupancy (A) Landlord shall be in receipt of a certificate of insurance in compliance with the Lease, and (B) to the extent the same is required by the city in which the Building is located, a temporary certificate of occupancy (or its equivalent, e.g., a final approval by the building inspector) shall have been issued by the appropriate governmental authorities for the Expansion Premises. Other than Tenant’s obligation to pay Minimum Monthly Rental, all of the terms and conditions of the Lease shall apply during any Beneficial Occupancy Period, specifically including Tenant’s obligation to pay the cost of supplying all utilities during the Beneficial Occupancy Period.
Beneficial Occupancy Period. If the Tenant Improvement Work is substantially complete before August 1, 2018, then (A) during the period elapsing between such date that the Tenant Improvement Work is substantially completed and July 31, 2018 (such period, if applicable, being the “Beneficial Occupancy Period”), Tenant shall be entitled, in Tenant’s sole and absolute discretion, to conduct business operations from the Premises and (B) the Commencement Date shall be conclusively deemed to be August 1, 2018. If Tenant elects to conduct business operations prior to August 1, 2018 in accordance with the immediately-preceding sentence, other than the obligation to pay Rent with respect to the Premises pursuant to Paragraph 1.8 of this Lease, during such Beneficial Occupancy Period, all of Tenant’s obligations hereunder with respect to the Premises (including, without limitation, Tenant’s obligation to pay (x) Tenant’s percentage share of Operating Expenses, (y) the cost and expense of any Services (as defined in Paragraph 9 below) and (z) any and all other Additional Rent) shall apply during such Beneficial Occupancy Period.
Beneficial Occupancy Period. Notwithstanding anything herein to the contrary, Tenant shall have the right to enter the Premises, forty-five (45) days prior to the estimated Commencement Date in order to install its cabling and wiring for telephone service and modular furniture, provided that Tenant shall not materially interfere with Landlord's substantial completion of the Premises. Tenant will not be required to pay for rent, utilities or operating expenses until the Commencement Date, but shall not be allowed to conduct business operations in the Premises during the forty five (45) day period contemplated by this section.
Beneficial Occupancy Period. Notwithstanding anything to the contrary contained herein, Tenant shall have the right to commence business from the Premises and install furniture, fixtures and equipment in the Premises during the period (the "Beneficial Occupancy Period") from the date of Substantial Completion of the Landlord Work through the day prior to the Commencement Date, provided that (a) a certificate of occupancy (or its equivalent) shall have been issued by the appropriate governmental authorities for the Premises, and (b) all of the terms and conditions of this Lease shall apply during the Beneficial Occupancy Period (if any), except that Tenant's obligation to pay Base Rent and Tenant's Pro Rata Share of Expenses and Taxes shall not apply during the Beneficial Occupancy Period. Prior to Tenant's entry into the Premises as permitted by the terms of this Section 2, Tenant shall submit certificates of insurance reasonably acceptable to Landlord.
Beneficial Occupancy Period. Notwithstanding anything to the contrary contained in this Lease, Tenant shall have the right to commence business from the Must Take Space during the period (the "Beneficial Occupancy Period") from the Lease Commencement Date until the Must Take Commencement Date provided that all of the terms and conditions of this Lease shall apply during the Beneficial Occupancy Period, except that Tenant's obligation to pay monthly Base Rent for the Must Take Space only shall not apply during the Beneficial Occupancy Period.
Beneficial Occupancy Period. Tenant shall have the right to use and occupy the Expansion Space commencing on the earlier of (i) the date of the Substantial Completion of the Tenant Improvements in the Expansion Space or (ii) the date Tenant first commences to conduct business in the Expansion Space, and continuing until the Expansion Commencement Date (i.e., for forty-two (42) days) (the "Beneficial Occupancy Period") provided (a) Tenant and its agents do not interfere with Landlord's completion of the punch list items for the Tenant Improvements in the Expansion Space, and (b) Landlord is in receipt of Tenant’s certificate of insurance for the Expansion Space as required under the Lease. Tenant may occupy the Expansion Space during the Beneficial Occupancy Period for fit-up and for operation of its business pursuant to the permitted uses in the Lease. Possession of the Expansion Space during the Beneficial Occupancy Period shall be subject to the terms and conditions of the Lease. However, except for the cost of services requested by Xxxxxx (e.g., after-hours HVAC and parking), Tenant shall not be required to pay Base Rent and Tenant’s Share of Operating Expenses and Real Property Taxes for the Expansion Space during the Beneficial Occupancy Period.
