Completion Date. Completion date" shall be the date on which the improvements erected and to be erected upon the leased premises shall have been completed in accordance with the plans and specifications described in article 6.00. The completion date shall constitute the commencement of the term of this Lease for all purposes, whether or not Lessee has actually taken possession. Lessor shall use its best efforts to establish the completion date as the date set forth in section 1.03. In the event that the improvements have not in fact been completed as of that date, Lessee shall notify Lessor in writing of its objections. Lessor shall have a reasonable time after delivery of the notice in which to take such corrective action as may be necessary and shall notify Lessee in writing as soon as it deems such corrective action has been completed and the improvements are ready for occupancy. Upon completion of construction, Lessee shall deliver to Lessor a letter accepting the leased premises as suitable for the purposes for which they are let and the date of such letter shall constitute the commencement of the term of this Lease. Whether or not Lessee has executed such letter of acceptance, taking possession of the leased premises by Lessee shall be deemed to establish conclusively that the improvements have been completed in accordance with the plans and specifications, are suitable for the purposes for which the leased premises are let, and that the leased premises are in good and satisfactory condition as of the date possession was so taken by Lessee, except for latent defects, if any.
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Samples: Sublease Agreement (Interactive Entertainment LTD), Lease Agreement (Learningstar Inc), Lease Agreement (Styrochem International LTD)
Completion Date. Completion date" shall be the date on which the improvements erected and to be erected upon the leased premises shall have been completed in accordance with the plans and specifications described in article 6.00. The completion date shall constitute the commencement of the term of this Lease for all purposes, whether or not Lessee has actually taken possession. possession Lessor shall use its best efforts to establish the completion date as the date set forth in section 1.03. In the event that the improvements have not in fact been completed as of that date, Lessee shall notify Lessor in writing of its objections. Lessor shall have a reasonable time after delivery of the notice in which to take such corrective action as may be necessary and shall notify Lessee in writing as soon as it deems such corrective action has been completed and the improvements are ready for occupancy. Upon completion of construction, Lessee shall deliver to Lessor a letter accepting the leased premises as suitable for the purposes for which they are let and the date of such letter shall constitute the commencement of the term of this Lease. Whether or not Lessee has executed such letter of acceptance, taking possession of the leased premises by Lessee shall be deemed to establish conclusively that the improvements have been completed in accordance with the plans and specifications, are suitable for the purposes for which the leased premises are let, let and that the leased premises are in good and satisfactory condition as of the date possession was so taken by Lessee, except for latent defects, if any.
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Completion Date. Completion dateDate" shall be the date on which the improvements erected and to be erected upon the leased premises Premises shall have been completed in accordance with the plans and specifications described in article 6.00Article 6.00 and Exhibit B to this Lease. The completion date shall constitute the commencement of the term of this Lease for all purposes, whether or not Lessee has actually taken possession. Lessor Landlord shall use its best efforts to establish the completion date Completion Date as the date set forth in section 1.03. In the event that the improvements have not in fact been completed as of that date, Lessee Tenant shall notify Lessor Landlord in writing of its objections. Lessor Landlord shall have a reasonable time after delivery of the notice in which to take such corrective action as may be necessary and shall notify Lessee Tenant in writing as soon as it deems such corrective action has been completed and the improvements are ready for occupancy. Upon substantial completion of construction, Lessee Tenant shall deliver to Lessor Landlord a letter accepting the leased premises Premises as suitable for the purposes for which they are let and the date of such letter shall constitute the commencement of the term of this Lease. Whether or not Lessee Tenant has executed such letter of acceptance, taking possession of the leased premises Premises by Lessee Tenant shall be deemed to establish conclusively that the improvements have been completed in accordance with the plans and specifications, are suitable for the purposes for which the leased premises Premises are let, and that the leased premises Premises are in good and satisfactory condition as of the date possession was so taken by Lessee, Tenant except for latent defects, if any.
Appears in 1 contract
Samples: Office Lease (Trizetto Group Inc)
Completion Date. Each "Completion dateDate" shall be Substantial Completion of each portion of the date on which the improvements erected Leased Premises, Building, parking, landscaping and to be erected upon the leased premises shall have been completed in accordance with the plans and all Building specifications as described in article 6.00Exhibit C, subject only to minor punch list items that do not interfere with Lessee's use of the Leased Premises for its intended purpose, all of which shall be corrected by Lessor, at its cost, within sixty (60) days after the Lessee's occupancy and issuance of an unconditional certificate of occupancy. The completion date cure of the punch list items will be done with as little disturbance to Lessee as possible. Upon termination or expiration of this Lease, except for ordinary wear and tear, damages caused by Lessor or Lessor's representatives, condemnation, and damages, Lessee shall deliver the Leased Premises back to Lessor in the then as is condition. The Completion Date of the first floor of ONE Greenwood Plaza shall constitute the commencement Commencement Date of the term of this Lease for all purposes, whether or not Lessee has actually taken possessionexcept as provided in Section 2.01. Lessor shall use its best reasonable efforts to establish the completion date Completion Dates as the date set forth in section Section 1.03. In the event that the improvements to the several portions of the Leased Premises have not in fact been completed as of that datethose dates, Lessee shall notify Lessor in writing of its objections. Lessor shall have a reasonable time after delivery of the notice in which to take such corrective action as may be necessary and shall notify Lessee in writing as soon as it deems such corrective action has been completed and the improvements are applicable portion of the Leased Premises is ready for occupancy. Upon completion of constructionconstruction of each portion of the Leased Premises as described in Section 1.03, Lessee and Lessor shall deliver to Lessor a letter accepting execute an Acceptance of Leased Premises/Tenant Estoppel Certificate substantially in the leased premises as suitable for the purposes for which they are let form of Exhibit "D", attached hereto and the date of such letter shall constitute the commencement of the term of this Lease. Whether or not Lessee has executed such letter of acceptance, taking possession of the leased premises incorporated by Lessee shall be deemed to establish conclusively that the improvements have been completed in accordance with the plans and specifications, are suitable for the purposes for which the leased premises are let, and that the leased premises are in good and satisfactory condition as of the date possession was so taken by Lessee, except for latent defects, if anyreference herein.
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Samples: New Era of Networks Inc
Completion Date. Completion date" shall be the date on which the improvements erected and to be erected upon the leased premises shall have been completed in accordance with the plans and specifications described in article 6.00. The completion date shall constitute the commencement of the term of this Lease for all purposes, whether or not Lessee has actually taken possession. Lessor shall use its best efforts to establish the completion date as the date set forth in section 1.03. In the event that the improvements have not in fact been completed as of that date, Lessee shall notify Lessor in writing of its objections. Lessor shall have a reasonable time after delivery of the notice in which to take such corrective action as may be necessary and shall notify Lessee in writing as soon as it deems such corrective action has been completed and the improvements are ready for occupancy. Upon completion of construction, Lessee shall deliver to Lessor a letter accepting the leased premises as suitable for the purposes for which they are let and the date of such letter shall constitute the commencement of the term of this Lease. Whether or not Lessee has executed such letter of acceptance, taking possession of the leased premises by Lessee shall be deemed to establish conclusively that the improvements have been completed in accordance with the plans and specifications, are suitable for the purposes for which the leased premises are let, and that the leased premises are in good and satisfactory condition as of the date possession was so taken by Lessee, Lessee except for latent defects, if any.
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Completion Date. Completion dateDate" shall be the date on which the improvements erected and to be erected upon the leased premises Premises shall have been completed in accordance with the plans and specifications described in article Article 6.00. The completion date Completion Date shall constitute the commencement of the term Term of this Lease for all purposes, whether or not Lessee Tenant has actually taken possession. Lessor Landlord shall use its best efforts to establish the completion date Completion Date as the date set forth in section 1.03. In the event that the improvements have not in fact been completed as of that date, Lessee Tenant shall notify Lessor Landlord in writing of its objections. Lessor Landlord shall have a reasonable time after delivery of the notice in which to take such corrective action as may be necessary and shall notify Lessee Tenant in writing as soon as it deems such corrective action has been completed and the improvements are ready for occupancy. Upon completion of construction, Lessee Tenant shall deliver to Lessor Landlord a letter accepting the leased premises Premises as suitable for the purposes for which they are let and the date of such letter shall constitute the commencement of the term of this Lease. Whether or not Lessee Tenant has executed such letter of acceptance, taking possession of the leased premises Premises by Lessee Tenant shall be deemed to establish conclusively that the improvements have been completed in accordance with the plans and specifications, are suitable for the purposes for which the leased premises are let, and that the leased premises are in good and satisfactory condition as of the date possession was so taken by Lessee, except for latent defects, if any.for
Appears in 1 contract
Completion Date. Completion date" shall be the date on which the improvements erected and to be erected upon the leased premises shall have been completed in accordance with the plans and specifications described in article Article 6.00. The completion date shall constitute the commencement of the term of this Lease for all purposes, whether or not Lessee has actually actual taken possession. Lessor shall use its best efforts to establish the completion date as the date set forth in section Section 1.03. In the event that the improvements have not in fact been completed as of that date, Lessee shall notify Lessor in writing of its objections. Lessor shall have a reasonable time after delivery of the notice in which to take such corrective action as may be necessary and shall notify Lessee in writing as soon as it deems such corrective action has been completed and the improvements are ready for occupancy. Upon completion of construction, Lessee shall deliver to the Lessor a letter accepting the leased premises as suitable for the purposes for which they are let and the date of such letter shall constitute the commencement of the term of this Lease. Whether or not Lessee has executed such letter of acceptance, taking possession of the leased leases premises by Lessee shall be deemed to establish conclusively that the improvements have been completed in accordance with the plans and specificationsspecification, are suitable for the purposes for which the leased premises are let, and that the leased premises are in good and satisfactory condition as of to the date possession was so taken by Lessee, except for latent defectsdefaults, if any.
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Completion Date. “Completion date" ” shall be the date on which the improvements erected and to be erected upon the leased premises shall have been completed in accordance with the plans and specifications described in article Article 6.00. The completion date shall constitute the commencement of the term of this Lease for all purposes, whether or not Lessee has actually taken possession. Lessor shall use its best efforts to establish the completion date as the date set forth in section Section 1.03. In the event that the improvements have not in fact been completed as of that date, Lessee shall notify Lessor in writing of its objections. Lessor shall have a reasonable time after delivery of the notice in which to take such corrective action as may be necessary and shall notify Lessee in writing as soon as it deems such corrective action has been completed and the improvements are ready for occupancy. Upon completion of construction, Lessee shall deliver to Lessor a letter accepting the leased premises as suitable for the purposes for which they are let and the date of such letter shall constitute the commencement of the term of this Lease. Whether or not Lessee has executed such letter of acceptance, taking possession of the leased premises by Lessee shall be deemed to establish conclusively that the improvements have been completed in accordance with the plans and specifications, are suitable for the purposes for which the leased premises are let, and that the leased premises are in good and satisfactory condition as of the date possession was so taken by Lessee, except for latent defects, if any. The reasonable time to complete after notice shall not exceed 60 days unless the delays are caused by Lessee.
Appears in 1 contract
Samples: Office Lease (Ptek Holdings Inc)
Completion Date. Completion date" shall be the date on which the improvements erected and to be erected upon the leased premises Leased Premises shall have been completed in accordance with the plans and specifications specification described in article Article 6.00. The completion date shall constitute the commencement of the term of this Lease for all purposes, whether or not Lessee has actually taken possession. Lessor shall use its best efforts to establish the completion date as the date set forth in section Section 1.03. In the event that the improvements have not in fact been completed as of that date, Lessee shall notify Lessor in writing of its objections. Lessor shall have a reasonable time after delivery of the notice in which to take such corrective action as may be necessary and shall notify Lessee in writing as soon as it deems such corrective action has been completed and the improvements are ready for occupancy. Upon completion of construction, . Lessee shall deliver to the Lessor a letter accepting the leased premises Leased Premises as suitable for the purposes for which they are let let, and the date of such letter shall constitute the commencement of the term of this Lease. Whether or not Lessee has executed such letter of acceptance, taking possession of the leased premises Leased Premises by Lessee shall be deemed to establish conclusively that the improvements have been completed competed in accordance with the plans and specificationsspecification, are suitable for the purposes for which the leased premises Leased Premises are let, let and that the leased premises Leased Premises are in good and satisfactory condition as of to the date possession was so taken by Lessee, except for latent defects, defaults if any.
Appears in 1 contract
Samples: Lease Agreement (Electric Fuel Corp)
Completion Date. Completion date" shall be the date on which the improvements erected and to be erected upon the leased premises shall have been completed "substantially completed" in accordance with the plans and specifications described in article Article 6.00. The completion date shall constitute the commencement of the term of this Lease for all purposes, whether or not Lessee has actually taken possession. Lessor shall use its best efforts to establish the completion date as the date set forth in section 1.03. In the event that the improvements have not in fact been completed as of that date, Lessee shall notify Lessor in writing of its objections. Lessor shall have a reasonable time after delivery of the notice in which to take such corrective action as may be necessary and shall notify Lessee in writing as soon as it deems such corrective action has been completed and the improvements are ready for occupancy. Upon completion of construction, Lessee shall deliver to Lessor a letter accepting the leased premises as suitable for the purposes for which they are let and the date of such letter shall constitute the commencement of the term of this Lease. Whether or not Lessee has executed such letter of acceptance, taking possession of the leased premises by Lessee shall be deemed to establish conclusively that the improvements have been completed in accordance with the plans and specifications, are suitable for the purposes for which the leased premises are let, and that the leased premises are in good and satisfactory condition as of the date possession was so taken by Lessee, except for latent defects, if any. As used herein, the term "substantially completed" shall mean such improvements have been completed in accordance with the Plans and Specifications and the Premises are in good condition, subject only to completion of minor punch list items. A certificate by Lessor's architect that the work has been substantially completed shall be final and binding upon the Lessor and Lessee.
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Completion Date. Completion date" shall be the date on which the improvements erected and to be erected upon the leased premises shall have been completed in accordance with the plans and specifications described in article 6.00. The completion date shall constitute the commencement of the term of this Lease for all purposes, whether or not Lessee has shall actually taken possession. Lessor shall use its best efforts to establish the completion date as the date set forth in section 1.03. In the event that the improvements have not in fact been completed competed as of that date, Lessee shall notify Lessor in writing of its objections. Lessor shall have a reasonable time after delivery of the notice in which to take such corrective action as may be necessary and shall notify Lessee in writing as soon as it deems such corrective action has been completed and the improvements are ready for occupancy. Upon completion of construction, Lessee shall deliver to Lessor a letter accepting the leased premises as suitable for the purposes for which they are let and the date of such letter shall constitute the commencement of the term of this Lease. Whether or not Lessee has executed such letter of acceptance, taking possession of the leased premises by Lessee shall be deemed to establish conclusively that the improvements have been completed in accordance with the plans and specifications, are suitable for the purposes for which the leased premises are let, and that the leased premises are in good and satisfactory condition as of the date possession was so taken by Lessee, except for latent defects, if any.
Appears in 1 contract
Completion Date. Completion dateDate" shall be the date on which the improvements erected and to be erected upon the leased premises shall have been completed in accordance with the plans and specifications described in article 6.00. The completion date shall constitute the commencement of the term of this Lease for all purposes, whether or not Lessee has actually taken possession. Lessor shall use its best efforts to establish the completion date as the date set forth in section 1.03. In the event that the improvements have not in fact been completed as of that date, Lessee shall notify Lessor in writing of its objections. Lessor shall have a reasonable time after delivery of the notice in which to take such corrective action as may be necessary and shall notify Lessee in writing as soon as it deems such corrective action has been completed and the improvements are ready for occupancy. Upon completion of construction, Lessee shall deliver to Lessor a letter accepting the leased premises as suitable for the purposes for which they are let and the date of such letter shall constitute the commencement of the term of this Lease. Whether or not Lessee has executed such letter of acceptance, taking possession of the leased premises by Lessee shall be deemed to establish conclusively that the improvements have been completed in accordance with the plans and specifications, are suitable for the purposes for which the leased premises are let, and that the leased premises are in good and satisfactory condition as of the date possession was so taken by Lessee, except for latent defects, if any.
Appears in 1 contract
Samples: Lease Agreement (Spacehab Inc \Wa\)
Completion Date. Completion date" shall be the date on which the improvements erected and to be erected upon the leased premises shall have been completed in accordance with the plans and specifications described in article Article 6.00. The completion date shall constitute the commencement of the term of this Lease for all purposes, whether or not Lessee has actually taken possession. Lessor shall use its best efforts to establish the completion date as the date set forth in section Section 1.03. In the event that the improvements have not in fact been completed as of that date, Lessee shall notify Lessor in writing of its objections. Lessor shall have a reasonable time after delivery of the notice in which to take such corrective action as may be necessary and shall notify Lessee in writing as soon as it deems such corrective action has been completed and the improvements are ready for occupancy. Upon completion of construction, Lessee shall deliver to Lessor a letter accepting the leased premises as suitable for the purposes for which they are let and the date of such letter shall constitute the commencement of the term of this Lease. Whether or not Lessee has executed such letter of acceptance, taking possession of the leased premises by Lessee shall be deemed to establish conclusively that the improvements have been completed in accordance with the plans and specifications, are suitable for the purposes for which the leased premises are let, and that the leased premises are in good and satisfactory condition as of the date possession was so taken by Lessee, except for latent defects, if any. The reasonable time to complete after notice shall not exceed 60 days unless the delays are caused by Lessee.
Appears in 1 contract
Samples: Lease Agreement (Vialog Corp)
Completion Date. “Completion date" ” shall be the date on which the improvements erected and to be erected erect upon the leased premises shall have been completed “substantially completed” in accordance with the plans and specifications described in article Article 6.00. The completion date shall constitute the commencement of the term of this Lease for all purposes, whether or not Lessee has actually taken possession. Lessor shall use its best efforts to establish the completion date as the date set forth in section 1.03. In the event that the improvements have not in fact been completed as of that date, Lessee shall notify Lessor in writing of its objections. Lessor shall have a reasonable time after delivery of the notice in which to take such corrective action as may be necessary and shall notify Lessee in writing as soon as it deems such corrective action has been completed and the improvements are ready for occupancy. Upon completion of construction, Lessee shall deliver to Lessor a letter accepting the leased premises as suitable for the purposes for which they are let and the date of such letter shall constitute the commencement of the term of this Lease. Whether or not Lessee has executed such letter of acceptance, taking possession of the leased premises by Lessee shall be deemed to establish conclusively that the improvements have been completed in accordance with the plans and specifications, are suitable for the purposes for which the leased premises are let, and that the leased premises are in good and satisfactory condition as of the date possession was so taken by Lessee, except for latent defects, if any. As used herein, the term “substantially completed” shall mean such improvements have been completed in accordance with the Plans and Specifications and the Premises are in good condition, subject only to completion of minor punch list items. A certificate by Lessor’s architect that the work has been substantially completed shall be final and binding upon the Lessor and Lessee.
Appears in 1 contract
Samples: Lease Agreement (Mathstar Inc)
Completion Date. Completion date" shall be the date on which the improvements erected and to be erected upon the leased premises shall have been completed in accordance with the plans and specifications described in article 6.00. The completion date shall constitute the commencement of the term of this Lease for all purposespurposes shall be as stated in Article 1.03, whether or not Lessee Tenant has actually taken possession. Lessor shall use its best efforts to establish the completion date as the date set forth in section 1.03. In the event that the improvements have not in fact been completed as of that date, Lessee shall notify Lessor in writing of its objections. Lessor Landlord shall have a reasonable time after delivery of the notice in which to take such corrective action as may be necessary and shall notify Lessee Tenant in writing as soon as it deems such corrective action has been completed and the improvements are ready for occupancy. Upon completion of construction, Lessee Tenant shall deliver to Lessor Landlord a letter accepting the leased premises as suitable for the purposes for which they are let and the date of such letter shall constitute the commencement of the term of this Leaselet. Whether or not Lessee Tenant has executed such letter of acceptance, taking possession of the leased premises by Lessee Tenant shall be deemed to establish conclusively that the improvements have been completed in accordance with the plans and specifications, are suitable for the purposes for which the leased premises are let, and that the leased premises are in good and satisfactory condition as of the date possession was so taken by LesseeTenant, except for latent defects, if any.
Appears in 1 contract
Completion Date. Completion date" shall be the date on which the improvements erected and to be erected upon the leased premises shall have been completed in accordance with the plans and specifications described in article 6.00. The completion date shall constitute the commencement of the term of this Lease for all purposes, whether or not the Lessee has actually taken possession. Lessor shall use its best efforts to establish the completion date as the date set forth in section 1.03. In the event that the improvements have not in fact been completed as of that date, Lessee shall notify Lessor in writing of its objections. Lessor shall have a reasonable time after delivery of the notice in which to take such corrective action as may be necessary and shall notify Lessee in writing as soon as it deems such corrective action has been completed and the improvements are ready for occupancy. Upon completion of construction, Lessee shall deliver to Lessor a letter accepting the leased premises as suitable for the purposes for which they are let and the date of such letter shall constitute the commencement of the term of this Lease. Whether or not Lessee has executed such letter of acceptance, taking possession of the leased premises by Lessee shall be deemed to establish conclusively that the improvements have been completed in accordance with the plans and specifications, are suitable for the purposes for which the leased premises are let, and that the leased premises are in good and satisfactory condition as of the date possession was so taken by Lessee, except for latent defects, if any.
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