Common use of Commencement and Expiration Dates Clause in Contracts

Commencement and Expiration Dates. The term (the “Term”) of this Sub-sublease shall (x) with respect to the portion of the Sub-Sublease Premises indicated as Space A on Exhibit A attached hereto, commence on the date (the “Space A Commencement Date”) upon which Landlord and Sublandlord shall execute and deliver a Consent Agreement to this Sub- sublease reasonably acceptable to all parties (the “Consent”) and possession of the Sub-sublease Premises is delivered to Sub-subtenant in the condition required by this Sub-sublease, with all items required to be delivered on the Space A Commencement Date and (y) with respect to the portion of the Sub-sublease Premises indicated as Space B on Exhibit A attached hereto, and provided the Consent has been obtained, commence on April 1, 2018 (the “Space B Commencement Date”), provided, however, that within Sub-sublandlord’s discretion, and with Sub-subtenant’s obligation to consent to the following, (i) Sub-sublandlord may adjourn that April 1, 2018 date to June 1, 2018 by notice to Sub-subtenant not later than January 31, 2018; or (ii) Sub-sublandlord may advance the April 1, 2018 date at its discretion by notice to Sub-subtenant no later than thirty (30) days prior to the new Space B Commencement Date. Time shall be of the essence with respect to any notice required pursuant to the prior sentence. With respect to the entire Sub-sublease Premises (i.e., Space A and Space B), the Term of this Sub-sublease shall terminate on December 28, 2023, or on such earlier date upon which the Term shall expire or be canceled or terminated pursuant to any of the conditions or covenants of this Sub-sublease, the Sublease or the Lease (with respect to any termination of the Lease or the Sublease, subject to the terms hereof), or pursuant to law (the “Expiration Date”). Sub-subtenant shall not have any option to extend the Term. Sub-sublandlord shall deliver possession of Space A to Sub-subtenant on the Space A Commencement Date and Space B on the Space B Commencement Date in their current “as is”, broom-clean condition, reasonable wear and tear from the date hereof excepted, vacant and free of all personal property (other than Sub-sublandlord’s Furniture (as such term is hereinafter defined)) and with all cabling disconnected within the IT room.

Appears in 1 contract

Samples: Agreement of Sub Sublease (Datadog, Inc.)

AutoNDA by SimpleDocs

Commencement and Expiration Dates. The term (the “Term”) of this Sub-sublease Lease shall (x) with respect to the portion of the Sub-Sublease Premises indicated as Space A on Exhibit A attached hereto, commence on the date earliest of the following dates (the “Space A "Commencement Date"): (a) upon the Construction Completion Date as defined in Section 1(r) above; (b) the date on which the Premises would have been substantially completed but for delay caused by Tenant or any agent, employee or contractor of Tenant; (c) the date on which the Premises are actually occupied by Tenant or (d) the date set forth in section 1.(i). Upon request of Landlord, Tenant shall enter into a memorandum stipulating the actual Commencement Date. If for any reason other than Tenant's failure to fulfill its obligations hereunder, Landlord and Sublandlord shall execute and cannot deliver a Consent Agreement to this Sub- sublease reasonably acceptable to all parties (the “Consent”) and possession of the Sub-sublease Premises to Tenant on the Commencement Date, Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease or the obligations of Tenant hereunder or extend the Termination Date, but in such case Tenant shall not be obligated to pay Rent until possession of the Premises is delivered tendered to Sub-subtenant in the condition required by this Sub-sublease, with all items required to be delivered Tenant. If Tenant's tenant improvements are not completed on the Space A Commencement Date and (y) with respect due to the portion failure of Tenant to fulfill any obligation pursuant to the Sub-sublease Premises indicated as Space B on Exhibit A attached terms of this Lease or any exhibit hereto, and provided including without limitation 9 Tenant's failure to comply with the Consent has been obtainedterms of Exhibit C, commence on April 1, 2018 (the “Space B Lease shall be deemed to have commenced upon the Commencement Date”), provided, however, that within Sub-sublandlord’s discretion, and with Sub-subtenant’s obligation to consent to . If Tenant occupies the following, (i) Sub-sublandlord may adjourn that April 1, 2018 date to June 1, 2018 by notice to Sub-subtenant not later than January 31, 2018; or (ii) Sub-sublandlord may advance the April 1, 2018 date at its discretion by notice to Sub-subtenant no later than thirty (30) days Premises prior to the new Space B Commencement Date. Time , such occupancy shall be of subject to all provisions hereof, such occupancy shall not advance the essence with respect to any notice required pursuant to Termination Date, and Tenant shall pay Rent for such period at the prior sentenceinitial rates set forth in the Basic Lease Information. With respect to In the entire Sub-sublease Premises (i.e., Space A and Space B), event the Term of this Sub-sublease shall terminate on December 28, 2023, Commencement Date is established as a later or on such earlier date upon which than the Term date provided in Section 1(i) hereof, Landlord shall confirm the same to Tenant in writing. The Lease shall expire or be canceled or terminated pursuant to any of upon the conditions or covenants of this Sub-sublease, the Sublease or the Lease (with respect to any termination of the Lease or the Sublease, subject to the terms hereof), or pursuant to law (the “Expiration Date”Termination Date specified in Section 1(i). Sub-subtenant shall not have any option In the event Landlord is unable to extend the Term. Sub-sublandlord shall deliver possession of Space A premises within 30 days of Lease Commencement date, Tenant shall have the right to Sub-subtenant on the Space A Commencement Date and Space B on the Space B Commencement Date in their current “as is”, broom-clean condition, reasonable wear and tear from the date hereof excepted, vacant and free of all personal property (other than Sub-sublandlord’s Furniture (as such term is hereinafter defined)) and with all cabling disconnected within the IT roomcancel this Lease.

Appears in 1 contract

Samples: Office Lease Agreement (Bsquare Corp /Wa)

Commencement and Expiration Dates. The term (the “Term”) of this Sub-Sub-sublease shall (xi) with respect to the portion of the Sub-Sublease Premises indicated as Space A on Exhibit A attached hereto, commence on the date (the “Space A Commencement Date”) upon which Landlord Landlord, Sublandlord, Sub-sublandlord, Sub-Sub-sublandlord and Sublandlord Sub-Sub-subtenant shall execute and deliver a Consent Agreement to this Sub- Sub-Sub-sublease reasonably acceptable to all parties (the “Consent”) and possession of the Sub-Sub-sublease Premises is delivered to Sub-Sub-subtenant in the condition required by this Sub-Sub-sublease, with all items required to be delivered on the Space A Commencement Date and (y) with respect to the portion of the Sub-sublease Premises indicated as Space B on Exhibit A attached hereto, and provided the Consent has been obtained, commence on April 1, 2018 (the “Space B Commencement Date”), provided, however, that within Sub-sublandlord’s discretion, and with Sub-subtenant’s obligation to consent to the following, (i) Sub-sublandlord may adjourn that April 1, 2018 date to June 1, 2018 by notice to Sub-subtenant not later than January 31, 2018; or (ii) Sub-sublandlord may advance the April 1, 2018 date at its discretion by notice to Sub-subtenant no later than thirty (30) days prior to the new Space B Commencement Date. Time shall be of the essence with respect to any notice required pursuant to the prior sentence. With respect to the entire Sub-sublease Premises (i.e., Space A and Space B), the Term of this Sub-sublease shall terminate on December 28, 2023, or on such earlier date upon which the Term shall expire or be canceled or terminated pursuant to any of the conditions or covenants of this Sub-Sub-sublease, the Sub-Sublease, the Sublease or the Lease (with respect to any termination of the Lease Lease, the Sublease, or the SubleaseSub-sublease, subject to the terms hereof), or pursuant to law (the “Expiration Date”). Sub-Sub-subtenant shall not have any option to extend the Term. Sub-Sub-sublandlord shall deliver possession of Space A the Sub-Sub-sublease Premises to Sub-Sub-subtenant on the Space A Commencement Date and Space B on the Space B Commencement Date in their its current “as is”, broom-clean condition, reasonable wear and tear from the date hereof excepted, vacant and free of all personal property (other than Sub-sublandlord’s Furniture and Sub-Sub-sublandlord’s Furniture (as such term is terms are hereinafter defined)) and with all cabling disconnected within the IT room.

Appears in 1 contract

Samples: Agreement of Sub Sub Sublease (Datadog, Inc.)

AutoNDA by SimpleDocs

Commencement and Expiration Dates. The term (the “Term”) of this Sub-sublease Lease shall (x) with respect to the portion of the Sub-Sublease Premises indicated as Space A on Exhibit A attached hereto, commence on the date earliest of the following dates (the “Space A "Commencement Date"): (a) upon the date of substantial completion of construction of the tenant improvements to the Premises as listed in Exhibit B; (b) the date on which the Premises would have been substantially completed but for delay caused by Tenant or any agent, employee or contractor of Tenant; (c) the date on which the Premises are actually occupied by Tenant or (d) the date set forth in Section 1.(i). Upon request of Landlord, Tenant shall enter into a memorandum stipulating the actual Commencement Date. If for any reason other than Tenant's failure to fulfill its obligations hereunder, Landlord and Sublandlord shall execute and cannot deliver a Consent Agreement to this Sub- sublease reasonably acceptable to all parties (the “Consent”) and possession of the Sub-sublease Premises to Tenant on the Commencement Date, Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease or the obligations of Tenant hereunder or extend the Termination Date, but in such case Tenant shall not be obligated to pay Rent until possession of the Premises is delivered tendered to Sub-subtenant in Tenant. If Tenant's tenant improvements are not completed by the condition required by this Sub-sublease, with all items required to be delivered on the Space A Commencement Construction Completion Date and (y) with respect due to the portion failure of Tenant to fulfill any obligation pursuant to the Sub-sublease Premises indicated as Space B on Exhibit A attached terms of this Lease or any exhibit hereto, and provided including without limitation Tenant's failure to comply with the Consent has been obtainedterms of Exhibit C, commence on April 1, 2018 (the “Space B Commencement Lease shall be deemed to have commenced upon the Construction Completion Date”), provided, however, that within Sub-sublandlord’s discretion, and with Sub-subtenant’s obligation to consent to . If Tenant occupies the following, (i) Sub-sublandlord may adjourn that April 1, 2018 date to June 1, 2018 by notice to Sub-subtenant not later than January 31, 2018; or (ii) Sub-sublandlord may advance the April 1, 2018 date at its discretion by notice to Sub-subtenant no later than thirty (30) days Premises prior to the new Space B Commencement Construction Completion Date. Time , such occupancy shall be of subject to all provisions hereof, such occupancy shall not advance the essence with respect to any notice required pursuant to Termination Date, and Tenant shall pay Rent for such period at the prior sentenceinitial rates set forth in the Basic Lease Information. With respect to In the entire Sub-sublease Premises (i.e., Space A and Space B), event the Term of this Sub-sublease shall terminate on December 28, 2023, Commencement Date is established as a later or on such earlier date upon which than the Term date provided in Section 1(i) hereof, Landlord shall confirm the same to Tenant in writing. The Lease shall expire or be canceled or terminated pursuant to any of upon the conditions or covenants of this Sub-sublease, the Sublease or the Lease (with respect to any termination of the Lease or the Sublease, subject to the terms hereof), or pursuant to law (the “Expiration Date”Termination Date specified in Section 1(s). Sub-subtenant shall not have any option In the event Landlord is unable to extend the Term. Sub-sublandlord shall deliver possession of Space A to Sub-subtenant on the Space A Commencement Date and Space B on the Space B Commencement Date in their current “as is”, broom-clean condition, reasonable wear and tear from the date hereof excepted, vacant and free of all personal property (other than Sub-sublandlord’s Furniture (as such term is hereinafter defined)) and with all cabling disconnected within the IT room.of

Appears in 1 contract

Samples: Office Lease Agreement (Bsquare Corp /Wa)

Time is Money Join Law Insider Premium to draft better contracts faster.