Common use of Commencement Date; Obligation to Pay Rent Clause in Contracts

Commencement Date; Obligation to Pay Rent. The term of this Lease and Tenant's obligation to pay rent hereunder shall commence on the first to occur of the following dates ("Commencement Date"): (a) The date Tenant occupies the Premises and conducts business. (b) The date fifteen (15) days after the Landlord, or Landlord's supervising contractor, notified Tenant in writing that Landlord's construction obligations respecting the Leased Premises have been fulfilled and/or that the Leased Premises are ready for occupancy and/or performance of Tenant's work. Such notice shall be accompanied by an occupancy permit and a certificate from the Building Architect stating that remaining punch list items can be completed within fifteen (15) days and will not materially interfere with Tenant's business. Prior to Commencement Date, it is contemplated that Tenant shall be able to perform its construction obligation as per Exhibit C II(H).

Appears in 2 contracts

Samples: Lease Agreement (Myriad Genetics Inc), Lease Agreement (Myriad Genetics Inc)

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Commencement Date; Obligation to Pay Rent. The term of this Lease and Tenant's obligation to pay rent hereunder shall commence on the first to occur of the following dates ("Commencement Date"): (a) The date Tenant occupies the Premises and conducts business. (b) The date fifteen (15) days after the Landlord, or Landlord's supervising contractor, notified Tenant in writing that Landlord's construction obligations respecting the Leased Premises have been fulfilled and/or that the Leased Premises are ready for occupancy and/or performance of Tenant's work. Such notice shall be accompanied by an occupancy permit and a certificate from the Building Architect stating that remaining punch list punchlist items can be completed within fifteen (15) days and will not materially interfere with Tenant's business. Prior to Commencement Date, it is contemplated that Tenant shall be able to perform its construction obligation as per Exhibit C II(H).

Appears in 2 contracts

Samples: Lease Agreement (Myriad Genetics Inc), Lease Agreement (Franklin Covey Co)

Commencement Date; Obligation to Pay Rent. The term of this Lease and Tenant's ’s obligation to pay rent hereunder shall commence on the first to occur of the following dates ("Commencement Date"):”): (Projected to be July 1,1997) (a) The date Tenant occupies the Premises and conducts business. (b) The date fifteen (15) days after the Landlord, or Landlord's ’s supervising contractor, notified Tenant in writing that Landlord's ’s construction obligations respecting the Leased Premises have been fulfilled and/or that the Leased Premises are ready for occupancy and/or performance of Tenant's ’s work. Such notice shall be accompanied by an occupancy permit and a certificate from the Building Architect stating that remaining punch list punchlist items can be completed within fifteen (15) days and will not materially interfere with Tenant's ’s business. Prior to Commencement Date, it is contemplated that Tenant shall be able to perform its construction obligation as per Exhibit C II(H).

Appears in 1 contract

Samples: Sublease (Marchex Inc)

Commencement Date; Obligation to Pay Rent. The term of this Lease and Tenant's ’s obligation to pay rent hereunder shall commence on the first to occur of the following dates ("Commencement Date"): (a) The date Tenant occupies the Premises and conducts business. (b) The date fifteen (15) days after the Landlord, or Landlord's ’s supervising contractor, notified Tenant in writing that Landlord's ’s construction obligations respecting the Leased Premises have been fulfilled and/or that the Leased Premises are ready for occupancy and/or performance of Tenant's ’s work. Such notice shall be accompanied by an occupancy permit and a certificate from the Building Architect stating that remaining punch list items can be completed within fifteen (15) days and will not materially interfere with Tenant's ’s business. Prior to Commencement Date, it is contemplated that Tenant shall be able to perform its construction obligation as per Exhibit C II(H).

Appears in 1 contract

Samples: Lease Agreement (Myriad Genetics Inc)

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Commencement Date; Obligation to Pay Rent. The term of this Lease and Tenant's ’s obligation to pay rent hereunder shall commence on the first to occur of the following dates ("Commencement Date"): (a) The date Tenant occupies the Premises and conducts business. (b) . The date fifteen (15) days after the Landlord, or Landlord's ’s supervising contractor, notified Tenant in writing that Landlord's ’s construction obligations respecting the Leased Premises have been fulfilled and/or and that the Leased Premises are ready for occupancy and/or performance of Tenant's workoccupancy. Such notice shall be accompanied by an occupancy permit and a certificate from the Building Architect stating that remaining punch list items can be completed within fifteen (15) days and will not materially interfere with Tenant's ’s business. Prior to Commencement Date, it is contemplated that Tenant shall be able to perform its construction obligation as per Exhibit C II(H)II.

Appears in 1 contract

Samples: Lease Agreement (Myriad Genetics Inc)

Commencement Date; Obligation to Pay Rent. The term of this Lease and Tenant's obligation to pay rent hereunder shall commence on the first to occur of the following dates ("Commencement Date"):): (Projected to be July 1, 1997) (a) The date Tenant occupies the Premises and conducts business. (b) The date fifteen (15) days after the Landlord, or Landlord's supervising contractor, notified Tenant in writing that Landlord's construction obligations respecting the Leased Premises have been fulfilled and/or that the Leased Premises are ready for occupancy and/or performance of Tenant's work. Such notice shall be accompanied by an occupancy permit and a certificate from the Building Architect stating that remaining punch list punchlist items can be completed within fifteen (15) days and will not materially interfere with Tenant's business. Prior to Commencement Date, it is contemplated that Tenant shall be able to perform its construction obligation as per Exhibit C II(H).

Appears in 1 contract

Samples: Lease Agreement (Franklin Covey Co)

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