Common use of Commencement and Expiration Dates Clause in Contracts

Commencement and Expiration Dates. The Lease Term commences on the Commencement Date and expires on the Expiration Date, as set forth in Section 1b. The Commencement Date and Expiration Date shall be adjusted as follows: i. If Tenant requests possession of the Premises prior to the Commencement Date, and Landlord consents, the Commencement Date shall be the date of possession. All Rent (as hereafter defined) and other obligations under this Lease shall begin on the date of possession, but the Expiration Date shall remain the same; provided, however, that if the Rent Commencement Date set forth in Section 1b is different than the Commencement Date, then the Rent Commencement Date shall be adjusted so as to maintain the same amount of time between the Rent Commencement Date and the earlier Commencement Date, and Tenant’s obligation to pay Rent shall begin on the adjusted Rent Commencement Date. ii. If Landlord, for any reason, cannot deliver possession of the Premises to Tenant on the Commencement Date, then the Commencement Date, Expiration Date, and all other dates that may be affected by their change, shall be revised to conform to the date of Landlord’s delivery of possession of the Premises to Tenant. Any such delay shall not relieve Tenant of its obligations under this Lease, and neither Landlord nor Landlord’s agents shall be liable to Tenant for any loss or damage resulting from the delay in delivery of possession. Notwithstanding the foregoing, in the event Landlord is unable to deliver possession of the Premises within 90 days after the original Commencement Date set forth in Section 1b (excluding any delays resulting from force majeure or caused by Tenant — “Excused Delays”), then Tenant may terminate this Lease by giving notice to Landlord within 100 days of the original Commencement Date (excluding Excused Delays). Tenant may not terminate the Lease, however, if it has taken possession of any part of the Premises. iii. At Landlord’s election, the Commencement Date and Expiration Date may be set forth in a Commencement Agreement similar to Exhibit C, attached hereto, to be prepared by Landlord and promptly executed by the parties.

Commencement and Expiration Dates. The Lease Term commences on the Commencement Date and expires on the Expiration Date, as set forth in Section 1b. The Commencement Date and Expiration Date shall be adjusted as follows: i. If Tenant requests possession of the Premises prior to the Commencement DateDate for the purposes of conducting business, and Landlord consents, the Commencement Date shall be the date of possession. All Rent (as hereafter defined) and other obligations under this Lease shall begin on the date of possession, but the Expiration Date shall remain the same; provided, however, that if the Rent Commencement Date set forth in Section 1b is different than the Commencement Date, then the Rent Commencement Date shall be adjusted so as to maintain the same amount of time between the Rent Commencement Date and the earlier Commencement Date, and Tenant’s obligation to pay Rent shall begin on the adjusted Rent Commencement Date. ii. If Landlord, for any reason, cannot deliver possession of the Premises to Tenant on the Commencement Date, then the Commencement Date, Expiration Date, and all other dates that may be affected by their change, shall be revised to conform to the date of Landlord’s delivery of possession of the Premises to Tenant. Any such delay shall not relieve Tenant of its obligations under this Lease, and neither Landlord nor Landlord’s agents shall be liable to Tenant for any loss or damage resulting from the delay in delivery of possession. Notwithstanding the foregoing, in the event Landlord is unable to deliver possession of the Premises within 90 days after the original Commencement Date set forth in Section 1b (excluding any delays resulting from force majeure or caused by Tenant — – “Excused Delays”), then Tenant may terminate this Lease by giving notice to Landlord within 100 days of the original Commencement Date (excluding Excused Delays). Tenant may not terminate the LeaseLease pursuant to this Section, however, if it has taken possession of any part of the Premises. iii. At Landlord’s election, the Commencement Date and Expiration Date may be set forth in a Commencement Agreement similar to Exhibit C, attached hereto, to be prepared by Landlord and promptly executed by the parties.

Commencement and Expiration Dates. The term of this Lease Term commences shall commence on the earliest of the following dates (the "Commencement Date and expires Date"): (a) 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 Expiration DatePremises would have been substantially completed but for delay caused by Tenant or any agent, as 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 1bsection 1.(i). The Commencement Date and Expiration Date Upon request of Landlord, Tenant shall be adjusted as follows: i. If Tenant requests possession of enter into a memorandum stipulating the Premises prior to the actual Commencement Date, and Landlord consents, the Commencement Date shall be the date of possession. All Rent (as hereafter defined) and other obligations under this Lease shall begin on the date of possession, but the Expiration Date shall remain the same; provided, however, that if the Rent Commencement Date set forth in Section 1b is different than the Commencement Date, then the Rent Commencement Date shall be adjusted so as to maintain the same amount of time between the Rent Commencement Date and the earlier Commencement Date, and Tenant’s obligation to pay Rent shall begin on the adjusted Rent Commencement Date. ii. If Landlord, for any reasonreason other than Tenant's failure to fulfill its obligations hereunder, Landlord cannot deliver possession of the Premises to Tenant on by the Commencement Construction Completion Date, then Landlord shall not be subject to any liability therefor, nor shall such failure affect the Commencement validity of this Lease or the obligations of Tenant hereunder or extend the Termination Date, Expiration Date, and all other dates that may but in such case Tenant shall not be affected by their change, shall be revised obligated to conform to the date of Landlord’s delivery of pay Rent until possession of the Premises is tendered to Tenant. Any If Tenant's tenant improvements are not completed by the Construction Completion Date due to the failure of Tenant to fulfill any obligation pursuant to the terms of this Lease or any exhibit hereto, including without limitation Tenant's failure to comply with the terms of Exhibit C, the Lease shall be deemed to have commenced upon the Construction Completion Date. If Tenant occupies the Premises prior to the Construction Completion Date, such delay occupancy shall be subject to all provisions hereof, such occupancy shall not relieve Tenant of its obligations under this Leaseadvance the Termination Date, and neither Tenant shall pay Rent for such period at the initial rates set forth in the Basic Lease Information. In the event the Commencement Date is established as a later or earlier date than the date provided in Section 1(s) hereof, Landlord nor Landlord’s agents shall be liable confirm the same to Tenant for any loss or damage resulting from in writing. The Lease shall expire upon the delay Termination Date specified in delivery of possessionSection 1(i). Notwithstanding the foregoing, in In the event Landlord is unable to deliver possession of the Premises premises within 90 days after the original Commencement Date set forth in Section 1b (excluding any delays resulting from force majeure or caused by Tenant — “Excused Delays”), then Tenant may terminate this Lease by giving notice to Landlord within 100 30 days of the original Commencement Date (excluding Excused Delays)Construction Completion Date. Tenant may not terminate shall have the right to cancel this Lease, however, if it has taken possession of any part of the Premises. iii. At Landlord’s election, the Commencement Date and Expiration Date may be set forth in a Commencement Agreement similar to Exhibit C, attached hereto, to be prepared by Landlord and promptly executed by the parties.

Commencement and Expiration Dates. The Lease Term commences on the Commencement Date and expires on the Expiration Date, as set forth in Section 1b. The Commencement Date and Expiration Date shall be adjusted as follows: i. If Tenant requests Landlord shall deliver possession of the Premises to Tenant on or about March 1, 2017 for the purpose of allowing Tenant to commence construction of the Tenant Improvements pursuant to the Work Letter attached hereto as Exhibit A-1. If the Tenant Improvements are substantially completed prior to the Commencement Date set forth in Section 1b and Tenant commences its business operations in the Premises prior to such Commencement Date, and Landlord consents, then the Commencement Date shall be amended to be the date of possessionTenant commences its business operations (the “Operation Date”). All Rent (as hereafter defined) and other obligations under this Lease shall begin on the date of possessionOperation Date, but the Expiration Date shall remain the same; provided, however, that if the Rent Commencement Date set forth in Section 1b is different than the Commencement Date, then the Rent Commencement Date shall be adjusted so as to maintain the same amount of time between the Rent Commencement Date and the earlier Commencement Operation Date, and Tenant’s obligation to pay Rent shall begin on the adjusted Rent Commencement Date. ii. If Landlord, for any reason, cannot deliver possession of the Premises to Tenant on by March 1, 2017, and the substantial completion of the Tenant Improvements is delayed beyond the Commencement DateDate set forth in Section 1b directly as a result, then the Commencement Date, Expiration Date, and all other dates that may be affected by their change, shall be revised adjusted to conform to account for Landlord's delay in the date of Landlord’s delivery of possession of the Premises to Tenant. Any such delay shall not relieve Tenant of its obligations under this Lease, and neither Landlord nor Landlord’s 's agents shall be liable to Tenant for any loss or damage resulting from the delay in delivery of possession. Notwithstanding the foregoing, in the event Landlord is unable to deliver possession of the Premises within 90 days after on or before July 1, 2017 (the original Commencement Date set forth in Section 1b (excluding any delays resulting from force majeure or caused by Tenant — “Excused DelaysOutside Delivery Date”), then Tenant thereafter may terminate this Lease by giving notice to Landlord within 100 days of the original Commencement Date (excluding Excused Delays). Tenant may not terminate the LeaseLandlord; provided, however, Tenant will be deemed to have waived its right to terminate the Lease pursuant to this provision if it has taken Landlord delivers possession of the Premises to Tenant prior to Tenant’s delivery of its termination notice to Landlord. Notwithstanding the foregoing, the Outside Delivery Date will be extended on a day-for-day basis due to any part of the Premisesdelays resulting from force majeure or delays caused by Tenant. iii. At Landlord’s election, the Commencement Date and Expiration Date may be set forth in a Commencement Agreement similar to Exhibit C, attached hereto, to be prepared by Landlord and promptly executed by the parties. If the Expiration Date does not occur on the last day of a calendar month, then Landlord, at its option, may extend the Term by the number of days necessary to cause the Expiration Date to occur on the last day of the last calendar month of the Term. Tenant shall pay Base Rent and Additional Rent for such additional days at the same rate payable for the portion of the last calendar month immediately preceding such extension.