Common use of Completion and Commencement Date Clause in Contracts

Completion and Commencement Date. Tenant's obligation for payment of rent pursuant to the lease will commence on the Rent Commencement Date; however, the Rent Commencement Date and the date for payment of rent may be delayed on a day-by-day basis for each day the substantial completion of the Tenant Improvements are delayed by Landlord or its contractors or agents. The payment of rent will not be delayed by a delay of substantial completion due to Tenant. The following are some examples of delays ("Tenant Delay Factors") that will not affect the Rent Commencement Date and the date on which rent is to commence under the lease: (a) Late submissions of preliminary information; (b) Change orders requested by Tenant that actually cause a delay; (c) Delays in obtaining construction materials requested by Tenant that do not conform to the Building Standard Specifications; (d) Tenant's failure to approve timely any item requiring Tenant's approval; and (e) Delays by Tenant according to paragraph 5. In the event that substantial completion of the Tenant Improvements is delayed by Landlord, its contractors, or agents, the Commencement Date will be the date of substantial completion of the Tenant Improvements, subject only to the completion of Landlord's punch-list items (that is, those items which do not materially interfere with Tenant's use and enjoyment of the Premises). Landlord and Tenant will confirm the Commencement Date in accordance with applicable terms of the lease.

Completion and Commencement Date. Tenant's obligation for payment of rent Rent -------------------------------- pursuant to the lease Lease will commence on the Rent Commencement Date; however, the Rent Commencement Date and the date for the payment of rent Rent may be delayed on a day-by-day basis for each day the substantial completion of the Tenant Improvements are is delayed by Landlord or its contractors or agents. The payment of rent Rent will not be delayed by a delay of substantial completion due to Tenant. The following are some examples of delays ("Tenant Delay Factors") that which will not affect the Rent Commencement Date and the date on which rent Rent is to commence under the leaseLease: (a) Late submissions of preliminary informationProgramming Information; (b) Change orders Orders requested by Tenant that actually cause a delayTenant; (c) Delays in obtaining non-Building Standard construction materials requested by Tenant that do not conform to the Building Standard SpecificationsTenant; (d) Tenant's failure to approve timely any item requiring Tenant's approval; and (e) Delays by Tenant according to paragraph 56. In the event that substantial completion of the Tenant Improvements is delayed by Landlord, its contractors, or agents, the Commencement Date will be the date of substantial completion of the Tenant Improvementsimprovements, subject only to the completion of Landlord's punch-list items (that is, those items which that do not materially interfere with Tenant's use and enjoyment of the Premises). Landlord and Tenant will confirm the Commencement Date in accordance with applicable terms Section 3.1 of the leaseLease.

Completion and Commencement Date. Tenant's obligation for payment of rent Rent pursuant to the lease Lease will commence on the Rent Commencement Date; however, the Rent Commencement Date and the date for the payment of rent Rent may be delayed on a day-by-day basis for each day the substantial completion of the Tenant Improvements are is delayed by Landlord or its contractors or agents. The payment of rent Rent will not be delayed by a delay of substantial completion due to Tenant. The following are some examples of delays ("Tenant Delay Factors") that which will not affect the Rent Commencement Date and the date on which rent Rent is to commence under the leaseLease: (a) Late submissions of preliminary informationProgramming Information; (b) Change orders Orders requested by Tenant that actually cause a delayTenant; (c) Delays in obtaining construction materials requested by Tenant; provided that Landlord immediately notifies Tenant that do of such delay and Tenant does not conform elect to the Building Standard Specifications;substitute other materials (d) Tenant's failure to approve timely any item requiring Tenant's approval; and (e) Delays by Tenant according to paragraph 56. In the event that substantial completion of the Tenant Improvements is delayed by Landlord, its contractors, or agents, the Commencement Date will be the date of substantial completion of the Tenant Improvementsimprovements, subject only to the completion of Landlord's punch-list items (that is, those items which that do not materially interfere with Tenant's use and enjoyment of the Premises). Landlord and Tenant will confirm the Commencement Date in accordance with applicable terms Section 3.1 of the leaseLease.

Completion and Commencement Date. Tenant's obligation for payment of rent Rent pursuant to the lease Lease will commence on the Rent Commencement Date; however, the Rent Commencement Date and the date for the payment of rent Rent may be delayed on a day-by-day basis for each day the substantial completion of the Tenant Improvements are is delayed by Landlord or its contractors or agents. The payment of rent Rent will not be delayed by a delay of substantial completion due to Tenant. The following are some examples of delays ("Tenant Delay Factors") that which will not affect the Rent Commencement Date and the date on which rent Rent is to commence under the leaseLease: (a) Late submissions of preliminary informationProgramming Information; (b) Change orders Orders requested by Tenant that actually cause a delayTenant; (c) Delays in obtaining construction materials requested by Tenant; provided that Landlord immediately notifies Tenant that do of such delay and Tenant does not conform elect to the Building Standard Specificationssubstitute other materials; (d) Tenant's failure to approve timely any item requiring Tenant's approval; and (e) Delays by Tenant according to paragraph 56. In the event that substantial completion of the Tenant Improvements is delayed by Landlord, its contractors, or agents, the Commencement Date will be the date of substantial completion of the Tenant Improvementsimprovements, subject only to the completion of Landlord's punch-list items (that is, those items which that do not materially interfere with Tenant's use and enjoyment of the Premises). Landlord and Tenant will confirm the Commencement Date in accordance with applicable terms Section 3.1 of the leaseLease.

Completion and Commencement Date. Tenant's obligation for payment of rent Rent pursuant to the lease Lease will commence on the Rent Commencement Date, which shall be November 15, 1995; however, the Rent Commencement Date and the date for the payment of rent Rent may be delayed on a day-by-day basis for each day the substantial completion of the Tenant Improvements are Improvements* is delayed by Landlord or its contractors or agents. The payment of rent Rent will not be delayed by a delay of substantial completion due to Tenant. The following are some examples of delays ("Tenant Delay Factors") that which will not affect the Rent Commencement Date and the date on which rent Rent is to commence under the leaseLease: (a) Late submissions of preliminary informationProgramming Information; (b) Change orders Orders requested by Tenant that actually cause a delayTenant; (c) Delays in obtaining non-Building Standard construction materials requested by Tenant that do not conform to the Building Standard SpecificationsTenant; (d) Tenant's failure to approve timely any item requiring Tenant's approval; and (e) Delays by Tenant according to paragraph 56. In the event that substantial completion of the Tenant Improvements is delayed by Landlord, its contractors, or agents, the Commencement Date will be the date of substantial completion of the Tenant Improvementsimprovements, subject only to the completion of Landlord's punch-list items (that is, those items which that do not materially interfere with Tenant's use and enjoyment of the Premises). Landlord and Tenant will confirm the Commencement Date in accordance with applicable terms Section 3.1 of the leaseLease.