Common use of Delay in Commencement Clause in Contracts

Delay in Commencement. Notwithstanding said commencement date, if forany reason Lessor cannot deliver possession of the Premises to Lessee on said date, Lessor shall not be subject to any liability thereof, nor shall such failure affect the validity of the Lease or obligations of Lessee hereunder or extend the term hereof, but in such case Lessee shall not be obligated to pay rent until possession of the Premises is tendered to Lessee; provided, however, that if Lessor shall not have delivered possession of the Premises within sixty (60) days from said commencement date, Lessee may, at Lessee's option, by notice in writing to Lessor within ten (10) days thereafter, cancel this Lease, in which event the parties shall be discharged from all obligations hereunder. If Lessee occupies the Premises prior to said commencement date, and Lessee shall pay rent for such period at the initial monthly rates set forth below.

Appears in 1 contract

Samples: Industrial Lease (Antennas America Inc)

AutoNDA by SimpleDocs

Delay in Commencement. Notwithstanding said commencement datethe Commencement Date, if forany for any reason the Lessor cannot deliver possession of the Premises to the Lessee on or before said date, the Lessor shall not be subject to any liability thereoftherefor, nor shall such failure affect the validity of the this Lease or the obligations of the Lessee hereunder or extend the term hereof, but in such case Lessee shall not be obligated to pay rent until possession of the Premises is tendered to Lessee; hereof provided, however, that if the Lessor shall not have delivered possession of the Premises within sixty six (606) days from said commencement datemonths after the Commencement Date, the Lessee may, at the Lessee's option, ’s option by notice in writing to Lessor the Lessor, within ten (10) days thereafter, cancel this Lease, in which event the parties shall be discharged from all obligations hereunder. If The Lessee occupies shall not be obligated to pay rent until delivery of possession of the Premises prior to said commencement date, and Lessee shall pay rent for such period at the initial monthly rates set forth belowhas occurred.

Appears in 1 contract

Samples: Lease (Inamed Corp)

Delay in Commencement. Notwithstanding said commencement datethe Lease Commencement --------------------- Date, if forany for any reason Lessor cannot deliver possession of the Premises to Lessee on or before said date, Lessor shall not be subject to any liability thereoftherefor, nor shall such failure affect the validity of the this Lease or the obligations of Lessee hereunder or extend the term hereof, but in such case Lessee shall not be obligated to pay rent until delivery of possession of the Premises is tendered to Lesseehas occurred; provided, however, that if Lessor shall not have delivered possession of the Premises within sixty two (602) days from months after said commencement dateLease Commencement Date, Lessor or Lessee may, at Lessee's option, by notice in writing to Lessor within ten (10) days thereafter, cancel this Lease, in which event the parties shall be discharged from all obligations hereunder. If Lessee occupies the Premises prior to said commencement date, and Lessee shall pay rent for such period at the initial monthly rates set forth below.

Appears in 1 contract

Samples: Lease (Iown Holdings Inc)

Delay in Commencement. Notwithstanding said commencement datethe Lease Commencement Date, if forany --------------------- for any reason Lessor cannot deliver possession of the Premises to Lessee on or before said date, Lessor shall not be subject to any liability thereoftherefor, nor shall such failure affect the validity of the this Lease or the obligations of Lessee hereunder or extend the term hereof, but in such case Lessee shall not be obligated to pay rent until delivery of possession of the Premises is tendered to Lesseehas occurred; provided, however, that if Lessor shall not have delivered possession of the Premises within sixty two (602) days from months after said commencement dateLease Commencement Date, Lessor or Lessee may, at Lessee's option, by notice in writing to Lessor within ten (10) days thereafter, cancel this Lease, in which event the parties shall be discharged from all obligations hereunder. If Lessee occupies the Premises prior to said commencement date, and Lessee shall pay rent for such period at the initial monthly rates set forth below.

Appears in 1 contract

Samples: Lease (Iown Holdings Inc)

Delay in Commencement. Notwithstanding said commencement date, if forany for any reason Lessor cannot deliver possession of the Premises premises to Lessee on said date, Lessor shall not be subject to any liability thereoftherefor, nor shall such failure affect the validity of this lease or the Lease or obligations obligation of Lessee hereunder or extend the term hereof, but in such case Lessee shall not be obligated to pay rent until possession of the Premises premises is tendered to Lessee; provided, however, that if Lessor shall not have delivered possession of the Premises premises within sixty ninety (6090) days from said commencement date, Lessee may, at Lessee's option, by notice in writing to Lessor within ten (10) days thereafter, cancel this Leaselease, in which event the parties shall be discharged from all obligations hereunder. If Lessee occupies the Premises prior to said commencement date, and Lessee shall pay rent for such period at the initial monthly rates set forth below.

Appears in 1 contract

Samples: Lease Agreement (Lithium Technology Corp)

Delay in Commencement. Notwithstanding said commencement date, if forany for any reason Lessor cannot deliver possession of the Premises to Lessee on said date, Lessor shall not be subject to any liability thereoftherefore, nor shall such failure affect the validity of the this Lease or the obligations of Lessee hereunder or extend the term hereof, but in such case Lessee shall not be obligated to pay rent until possession of the Premises is tendered to Lessee; provided, however, that if Lessor shall not have delivered possession of the Premises within sixty ninety (6090) days from said commencement date, . Lessee may, at Lessee's option, by notice in writing to Lessor within ten (10) days thereafter, cancel this Lease. If this Lease is cancelled as herein provided, in which event Lessor shall return any monies previously deposited by Lessee and the parties shall be discharged from all obligations hereunder. If Lessee occupies the Premises prior to said commencement date, and Lessee shall pay rent for such period at the initial monthly rates set forth below.

Appears in 1 contract

Samples: Lease

Delay in Commencement. Notwithstanding said commencement datethe Estimated Commencement Date, if forany for any reason the Lessor cannot deliver possession of the Premises to the Lessee on or before said date, the Lessor shall not be subject to any liability thereoftherefor, nor shall such failure affect the validity of the this Lease or the obligations of the Lessee hereunder or extend the term hereof, but in such case Lessee shall not be obligated to pay rent until possession of the Premises is tendered to Lessee; hereof provided, however, that if the Lessor shall not have delivered possession of the Premises within sixty three (603) days from said commencement datemonths after the Estimated Commencement Date, the Lessee may, at the Lessee's option, option by notice in writing to Lessor the Lessor, within ten (10) days thereafter, cancel this Lease, in which event the parties shall be discharged from all obligations hereunder. If The Lessee occupies shall not be obligated to pay rent until delivery of possession of the Premises prior to said commencement date, and Lessee shall pay rent for such period at the initial monthly rates set forth belowhas occurred.

Appears in 1 contract

Samples: Somera Communications Inc

AutoNDA by SimpleDocs

Delay in Commencement. Notwithstanding said commencement datethe Target Commencement Date, if forany for any reason Lessor cannot deliver possession of the Premises to Lessee on or before said date, Lessor shall not be subject to any liability thereoftherefor, nor shall such failure affect the validity of the this Lease or the obligations of Lessee hereunder or extend the term hereof, but in such case Lessee shall not be obligated to pay rent until possession of the Premises is tendered to Lessee; thereof provided, however, that if Lessor shall not have delivered possession of the Premises within sixty three (603) days from said commencement datemonths after the Target Commencement Date, as such Date may be extended pursuant to the provisions of Article 20 hereof, Lessee may, at Lessee's option, ’s option by notice in writing to Lessor within ten (10) days thereafter, cancel this Lease, in which event the parties shall be discharged from all obligations hereunder. If Subject to the provisions of Article 20 hereof, if applicable, Lessee occupies shall not be obligated to pay rent until delivery of possession of the Premises prior to said commencement date, and Lessee shall pay rent for such period at the initial monthly rates set forth belowhas occurred.

Appears in 1 contract

Samples: Lease (Inamed Corp)

Delay in Commencement. Notwithstanding said commencement datethe Commencement Date, if forany reason Lessor cannot deliver possession of the Premises to the Lessee on or before said date, the Lessor shall not be subject to any liability thereoftherefor, nor shall such failure affect the validity of the this Lease or the obligations of the Lessee hereunder or extend the term hereofprovided; however, but in such case Lessee shall not be obligated to pay rent until delivery of possession of the Premises as required under this Lease has occurred. In the event the improvements are not substantially complete on the Commencement Date, the lease dates shall be adjusted accordingly. Notwithstanding the foregoing, if possession is tendered to Lessee; providednot delivered within 90 days after the estimated Commencement Date, however, that if Lessor shall not have delivered possession as the same may be extended under the terms of the Premises within sixty (60) days from said commencement dateany Work Letter executed by Parties, Lessee may, at Lessee's its option, by notice in writing to Lessor within ten (10) 10 days thereafterafter the end of such 90 day period, cancel this Lease, in which event the parties Parties shall be discharged from all obligations hereunder. If Lessee occupies the Premises prior such written notice is not received by Lessor within said 10 day period, Lessee's right to said commencement date, and Lessee cancel shall pay rent for such period at the initial monthly rates set forth belowterminate.

Appears in 1 contract

Samples: Standard Commercial Lease (Resonant Inc)

Delay in Commencement. Notwithstanding said commencement dateNot withstanding the Commencement Date, if forany for any reason the Lessor cannot deliver possession of the Premises to the Lessee on or before said date, the Lessor shall not be subject to any liability thereoftherefor, nor shall such failure affect the validity of the this Lease or the obligations of the Lessee hereunder or extend the term hereof, but in such case Lessee shall not be obligated to pay rent until possession of the Premises is tendered to Lessee; hereof provided, however, that if the Lessor shall not have delivered possession of the Premises within sixty four (604) days from said commencement datemonths after the Commencement Date, the Lessee may, at the Lessee's option, option by notice in writing to Lessor the Lessor, within ten (10) days days, thereafter, cancel this Lease, in which event the parties shall be discharged from all obligations hereunder. If The Lessee occupies shall not be obligated to pay rent until delivery of possession of the Premises prior to said commencement date, and Lessee shall pay rent for such period at the initial monthly rates set forth belowhas occurred.

Appears in 1 contract

Samples: Lease (Computer Motion Inc)

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