Common use of Delay in Delivery of Premises Clause in Contracts

Delay in Delivery of Premises. If Landlord fails to deliver possession of the Premises to Tenant on or before the Lease Commencement Date, Landlord shall not be subject to any liability for its failure to do so. This failure shall not affect the validity of this Lease or the obligations of Tenant under it, but the Lease Term (and Tenant’s obligation to pay Rent) shall commence on the date on which Landlord delivers possession of the Premises to Tenant.

Appears in 1 contract

Samples: Lease (Spectranetics Corp)

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Delay in Delivery of Premises. If In the event that Landlord fails is unable to deliver possession of the Premises to Tenant on or before the Lease Commencement Date, Landlord shall have no liability to Tenant for any consequential loss or damage, nor shall this Lease be void or voidable but shall remain valid and continue in full force and effect; provided, however, that Tenant shall not be subject obligated to any liability for its failure to do so. This failure shall not affect the validity begin payment of this Lease or the obligations of Tenant under it, but the Lease Term (and Tenant’s obligation to pay Rent) shall commence on the date on which rental hereunder until Landlord delivers possession of the Premises to Tenant.. [SEE EXHIBIT "C", SECTION D]

Appears in 1 contract

Samples: Lease Agreement (Simmons Co /Ga/)

Delay in Delivery of Premises. If Landlord fails is unable to deliver possession of the Premises to Tenant on or before the Lease Commencement Date, Landlord shall not be subject to any liability for its failure to do so. This failure shall not affect the validity of this Lease or the obligations of Tenant under it, but the Lease Term (and Tenant’s obligation to pay Rent) shall commence on the date on which Landlord delivers possession of the Premises to Tenant.. *SEE ADDENDUM

Appears in 1 contract

Samples: Office Lease (Acc Consumer Finance Corp)

Delay in Delivery of Premises. If Landlord fails is unable to deliver possession of the Premises to Tenant on or before the Lease Commencement Date, Landlord shall not be subject to any liability for its failure to do so. This failure shall not affect the validity of this Lease or the obligations of Tenant under it, but the Lease Term (and Tenant’s obligation to pay Rent) shall commence on the date on which Landlord delivers possession of the Premises to Tenant; provided, however, if the Premises are not delivered to Tenant within ninety (90) days of the scheduled Lease Commencement Date, then Tenant shall have the right to terminate this Lease at any time prior to delivery of the Premises with no liability to Tenant or Landlord.

Appears in 1 contract

Samples: Sublease (Zogenix Inc)

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Delay in Delivery of Premises. If Landlord fails is unable to deliver possession of the Premises to Tenant on or before the projected Lease Commencement Date, Landlord shall not be subject to any liability for its failure to do so. This failure shall not affect the validity of this Lease, the Lease Expiration Date or the obligations of Tenant under it, but the Lease Term (and Tenant’s the obligation to pay Rent) shall commence on the date on which Landlord delivers possession of the Premises to Tenant.

Appears in 1 contract

Samples: Office Lease (Quokka Sports Inc)

Delay in Delivery of Premises. If Landlord fails is unable to deliver possession of the Premises to Tenant on or before the Lease Commencement Date, Landlord shall not be subject to any liability for its it failure to do so. This failure shall not affect the validity of this Lease or the obligations of Tenant under it, but the Lease Term (and Tenant’s obligation to pay Rent) shall commence on the date on which Landlord delivers possession of the Premises to Tenant.

Appears in 1 contract

Samples: Office Lease (OverNear, Inc.)

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