DELAY IN POSSESSION. If for any reason Landlord cannot deliver possession of the Premises to Tenant by the Commencement Date, Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease or the obligations of Tenant hereunder. In such case, Tenant shall not, except as otherwise provided herein, be obligated to pay Rent or perform any other obligation of Tenant under the terms of this Lease until Landlord delivers possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant or (ii) 10 days following notice to Tenant that Landlord is prepared to tender possession of the Premises to Tenant. If possession of the Premises is not delivered to Tenant within 60 days after the Commencement Date and such delay is not due to Tenant's acts, failure to act or omissions Tenant may by notice in writing to Landlord within 10 days after the end of said 60 day period cancel this Lease and the parties shall be discharged from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 day period, Tenant's right to cancel this Lease shall terminate.
Appears in 4 contracts
Samples: Lease Agreement (Suntek Corp), Lease Agreement (Headhunter Net Inc), Industrial Multi Tenant Lease (Brightstar Corp.)
DELAY IN POSSESSION. If Notwithstanding said Lease Commencement Date, if for any reason Landlord cannot deliver possession of the Premises to Tenant by the Commencement Dateon said date, Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease Agreement or the obligations of Tenant hereunder. In hereunder or extend the term hereof, but in such case, Tenant shall not, except as otherwise provided herein, not be obligated to pay Rent or perform any other obligation of Tenant under the terms of this Lease rent until Landlord delivers possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant or (ii) 10 days following notice to Tenant that Landlord is prepared to tender possession of the Premises to Tenant. If possession of the Premises is not delivered to Tenant within 60 days after the Commencement Date and such delay is not due tendered to Tenant's acts; provided further, failure to act or omissions however, that if Landlord shall not have delivered possession of the Premises within sixty (60) days from said Lease Commencement Date, Tenant may may, at Tenant’s option, by notice in writing to Landlord within 10 ten (10) days after the end of said 60 day period thereafter, cancel this Lease and Agreement, in which event the parties shall be discharged from all obligations hereunder. If hereunder and Landlord shall immediately repay to Tenant all amounts previously paid to Landlord by Tenant; provided, however, that if such written notice of Tenant is not received by Landlord within said 10 ten (10) day period, Tenant's ’s right to cancel this Lease Agreement hereunder shall terminateterminate and be of no further force or effect.
Appears in 3 contracts
Samples: Sublease Agreement (Eidos Therapeutics, Inc.), Sublease Agreement, Sublease Agreement (Eidos Therapeutics, Inc.)
DELAY IN POSSESSION. If for any reason Landlord cannot fails to deliver possession of the Leased Premises to Tenant by the Commencement Date, Landlord shall not be subject to liable for any liability therefordamages resulting from that failure, nor shall such that failure affect the validity cause a termination of this Lease or the Tenant’s obligations of Tenant hereunder. In such case, Tenant shall notunder this Lease, except as otherwise provided hereinpermitted under this Section, be obligated to pay Rent or perform any other obligation of Tenant under nor shall that failure extend the terms term of this Lease until Lease. If Landlord delivers has not delivered possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Leased Premises to Tenant or within sixty (ii60) 10 days following notice to Tenant that Landlord is prepared to tender possession of the Premises to Tenant. If possession of the Premises is not delivered to Tenant within 60 days after the Commencement Date Date, Tenant may, however, cancel this Lease, by written notice provided to and such delay is not due to Tenant's acts, failure to act or omissions Tenant may received by notice in writing to Landlord within 10 ten (10) days after the end of said 60 the sixty (60) day period cancel this Lease and period; in that case, the parties shall be discharged from all obligations hereunder. If such under this Lease, provided, however, that if the written notice of Tenant is not received by Landlord within said 10 that ten (10) day period, Tenant's Tenant shall have no further right to cancel terminate this Lease Lease. If cither party cancels as herein above provided, landlord shall terminatereturn any monies previously deposited by tenant and the parties shall be discharged from all obligations herein after.
Appears in 2 contracts
DELAY IN POSSESSION. If for any reason Landlord cannot agrees to use its best commercially reasonable efforts to deliver possession of the Premises to Tenant by the Commencement Date. If, despite said efforts, Landlord is unable to deliver possession as agreed, Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease or the obligations of Tenant hereunderLease. In such case, Tenant shall not, except as otherwise provided hereinhowever, be obligated to pay Rent or perform any its other obligation of Tenant under the terms of this Lease obligations until Landlord delivers it receives possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant or (ii) 10 days following notice to Tenant that Landlord is prepared to tender possession of the Premises to TenantPremises. If possession of the Premises is not delivered to Tenant within 60 days after the Commencement Date and such delay is not due to Tenant's actsDate, failure to act or omissions Tenant may may, at its option, by notice in writing to Landlord within 10 days after the end of said such 60 day period period, cancel this Lease and Lease, in which event the parties Parties shall be discharged from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 day period, Tenant's right to cancel shall terminate. Except as otherwise provided, if possession is not tendered to Tenant by the Start Date and Tenant does not terminate this Lease, as aforesaid, any period of rent abatement that Tenant would otherwise have enjoyed shall run from the date of delivery of possession and continue for a period equal to what Tenant would otherwise have enjoyed under the terms hereof, but minus any days of delay caused by the acts or omissions of Tenant. If possession of the Premises is not delivered within 4 months after the Commencement Date, this Lease shall terminateterminate unless other agreements are reached between Landlord and Tenant, in writing.
Appears in 2 contracts
Samples: Standard Industrial/Commercial Lease Net (Fortunet, Inc.), Standard Industrial/Commercial Multi Tenant Lease Net (Fortunet, Inc.)
DELAY IN POSSESSION. If for any reason Landlord cannot deliver possession of the Premises to Tenant by the Commencement Date, Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease or the obligations of Tenant hereunder. In such case, Tenant shall not, except as otherwise provided herein, be obligated to pay Rent or perform any other obligation of Tenant under the terms of this Lease until Landlord delivers possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant or (ii) 10 COMMENCE 30 days following notice to Tenant that Landlord is prepared to tender possession of the Premises to Tenant. If possession of the Premises is not delivered to Tenant within 60 120 days after the Commencement Date and such delay is not due to Tenant's acts, failure to act or omissions Tenant may by notice in writing to Landlord within 10 days after the end of said 60 120 day period cancel this Lease and the parties shall be discharged from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 day period, Tenant's right to cancel this Lease shall terminate.
Appears in 2 contracts
Samples: Lease (Harmonic Inc), Lease (Harmonic Inc)
DELAY IN POSSESSION. If for any reason Landlord cannot deliver possession of any part of the Premises demised premises to Tenant by the Commencement DateDate (as set forth in Paragraph 1.2 of this lease), Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease lease or the obligations of Tenant hereunder. In such case, Tenant shall not, except as otherwise provided herein, be obligated to pay Rent or perform any other obligation of Tenant under the terms of this Lease lease until Landlord delivers possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant or (ii) 10 days following notice to Tenant that Landlord is prepared to tender possession of the Premises demised premises to Tenant. If possession of all of the Premises demised premises is not delivered to Tenant within 60 days after the Commencement Date (as set forth in Paragraph 1.2 of this lease) and such delay is not due to Tenant's acts, failure to act or omissions Tenant may by notice in writing to Landlord within 10 days after the end of said 60 day period cancel this Lease lease and the parties Parties shall be discharged from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 day period, TenantXxxxxx's right to cancel this Lease lease shall terminate.
Appears in 2 contracts
Samples: Warehouse Lease, Warehouse Lease
DELAY IN POSSESSION. If for any reason Landlord cannot deliver ------------------- possession of the Premises to Tenant by the Commencement Date, Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease or the obligations of Tenant hereunder. In such case, Tenant shall not, except as otherwise provided herein, be obligated to pay Rent or perform any other obligation of Tenant under the terms of this Lease until Landlord delivers possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant or (ii) 10 days following notice to Tenant that Landlord is prepared to tender possession of the Premises to Tenant. If possession of the Premises is not delivered to Tenant within 60 days after the Commencement Date and such delay is not due to Tenant's acts, failure to act or omissions omissions, Tenant may by notice in writing to Landlord within 10 business days after the end of said 60 day period cancel this Lease and the parties shall be discharged from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 business day period, Tenant's right to cancel this Lease shall terminate, provided that Landlord shall return any amounts paid to Landlord by Tenant.
Appears in 2 contracts
Samples: Lease (Kyphon Inc), Lease (Kyphon Inc)
DELAY IN POSSESSION. If for any reason Landlord cannot deliver possession of any part of the Premises demised premises to Tenant by the Commencement DateDate (as set forth in Paragraph 1.2 of this lease), Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease lease or the obligations of Tenant hereunder. In such case, Tenant shall not, except as otherwise provided herein, be obligated to pay Rent or perform any other obligation of Tenant under the terms of this Lease lease until Landlord delivers possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant or (ii) 10 days following notice to Tenant that Landlord is prepared to tender possession of the Premises demised premises to Tenant. If possession of all of the Premises demised premises is not delivered to Tenant within 60 days after the Commencement Date (as set forth in Paragraph 1.2 of this lease) and such delay is not due to Tenant's acts, failure to act or omissions Tenant may by notice in writing to Landlord within 10 days after the end of said 60 day period cancel this Lease lease and the parties Parties shall be discharged from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 day period, Tenant's right to cancel this Lease lease shall terminate.
Appears in 1 contract
Samples: Warehouse Lease
DELAY IN POSSESSION. If for any reason Landlord cannot deliver possession of the Premises to Tenant by on/or before the Commencement DateDate due to events or factors beyond Landlord's reasonable control, Landlord this Lease shall not be subject to any liability therefor, void or voidable nor shall such failure affect the validity of this Lease Landlord be liable to Tenant for any resulting loss or the obligations of Tenant hereunderdamage. In such caseHowever, Tenant shall not, except as otherwise provided herein, not be obligated to pay Rent or perform liable for any other obligation of Tenant under rent and the terms of this Lease Commencement Date shall not occur until Landlord delivers possession of the Premises and the Premises are in fact ready for occupancy in accordance with Section 3.1; except that if Landlord's failure to Tenant. The term of the Lease shall commence so deliver possession on the earlier of Commencement Date is attributable to: (i) Tenant's delays in the date reasonable approval or preparation of plans and specifications for improvements, (ii) unreasonable delays caused by the Tenant's contractors or agents in performing services for which Tenant takes is responsible, or (iii) Tenant's negligence or willful misconduct, then Landlord shall be entitled to full performance by Tenant (including the payment of rent) from the Commencement Date. If Landlord does not deliver possession of the Premises to Tenant or (ii) 10 days following notice to Tenant that Landlord is prepared to tender possession of the Premises to Tenant. If possession of the Premises is not delivered Property to Tenant within 60 sixty (60) days after the Commencement Date and such delay is not due to Tenant's actsDate, failure to act or omissions Tenant may by notice in writing to Landlord within 10 days after the end of said 60 day period cancel this Lease and the parties shall be discharged from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 day period, Tenant's right elect to cancel this Lease by giving written notice to Landlord within ten (10) days after the sixty (60) day period ends. If Tenant gives such notice, the Lease shall terminatebe canceled and neither Landlord nor Tenant shall have any further obligations to the other.
Appears in 1 contract
Samples: Lease Agreement (Acres Gaming Inc)
DELAY IN POSSESSION. If If, for any reason reason, Landlord canis not able to ------------------- deliver possession of the Premises on the Commencement Date, the Commencement Date shall be delayed, on a day-for-day basis, until such date as Landlord is able to deliver possession of the Premises to Tenant by the Commencement DateTenant. In such event, (a) Landlord shall not be subject to any liability thereforfor such delays, nor shall any such failure affect the validity of this Lease or the obligations of Tenant hereunder. In such case, and (b) Tenant shall not, except as otherwise provided herein, not be obligated to pay Rent rent or perform any other obligation of Tenant under the terms of this Lease until Landlord delivers possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes If Landlord is not able to deliver possession of the Premises to Tenant on or (ii) 10 before the passage of one hundred eighty days following notice the execution hereof, then Tenant shall have the right to Tenant that Landlord is prepared to tender possession of the Premises to Tenantterminate this Lease. If possession of the Premises is not delivered to Tenant within 60 days after the Commencement Date and such delay is not due to This termination right may be exercised only by Tenant's acts, failure to act or omissions Tenant may by notice in writing delivery to Landlord within 10 days after the end of said 60 day period cancel this Lease and the parties shall be discharged from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 termination no later than ten days following the expiration of such one-hundred-eighty-day period, Tenant's right to cancel . Following the timely delivery of any such notice of termination. this Lease shall terminateterminate and any prepaid rent and security deposit shall be returned to Tenant.
Appears in 1 contract
Samples: Executive Change in Control Agreement (Efax Com Inc)
DELAY IN POSSESSION. If for any reason Landlord cannot deliver ------------------- possession of the Premises to Tenant by the Commencement Date, Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease or the obligations of Tenant hereunder. In such case, Tenant shall not, except as otherwise provided herein, be obligated to pay Rent or perform any other obligation of Tenant under the terms of this Lease until Landlord delivers possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant or (ii) 10 days following notice to Tenant that Landlord is prepared to tender possession of the Premises to Tenant. If possession of the Premises is not delivered to Tenant within 60 90 days after the Commencement Date and such delay is not due to Tenant's acts, failure to act or omissions Tenant may by notice in writing to Landlord within 10 days after the end of said 60 90 day period cancel this Lease and the parties shall be discharged from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 day period, Tenant's right to cancel this Lease shall terminate.
Appears in 1 contract
DELAY IN POSSESSION. If for any reason Landlord cannot fails to deliver possession of the Premises to Tenant by the Commencement Datetarget Early Possession Date specified in Paragraph 1.4, Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease Lease, or the obligations of Tenant hereunder. In , or extend the term hereof, but in such case, Tenant shall not, except as otherwise provided herein, be obligated to pay Rent rent or perform any other obligation of Tenant under the terms of this Lease until Landlord delivers possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant or (ii) 10 days following notice to Tenant that Landlord is prepared to tender possession of the Premises to Tenant. If possession of the Premises is not delivered to Tenant within 60 one hundred and twenty (120) days after the Commencement target Early Possession Date and such delay is not due to Tenant's actsspecified in Paragraph 1.4, failure to act or omissions Tenant may may, at its option, by notice in writing to Landlord within 10 days after the end of said 60 day period Landlord, cancel this Lease and Lease, in which event the parties shall be discharged from all obligations hereunder. If hereunder and the Security Deposit and any Base Rent paid by Tenant shall be returned to Tenant by Landlord not later than ten (10) days after receipt of Tenant's notice of cancellation.; provided further, however, that if such written notice of Tenant is not received by Landlord within said 10 day periodprior to the Early Possession Date, Tenant's right to cancel this Lease hereunder shall terminateterminate and be of no further force or effect.
Appears in 1 contract
DELAY IN POSSESSION. If for any reason Landlord cannot deliver possession of the Premises to Tenant by the Commencement Date, Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease or the obligations of Tenant hereunder. In such case, Tenant shall not, except as otherwise provided herein, be obligated to pay Rent or perform any other obligation of Tenant under the terms of this Lease until Landlord delivers possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant or (ii) 10 days following notice to Tenant that Landlord is prepared to tender possession of the Premises to Tenant. If possession of the Premises is not delivered to Tenant within 60 90 days after the Commencement Date and such delay is not due to Tenant's acts, failure to act or omissions Tenant may by notice in writing to Landlord within 10 days after the end of said 60 90 day period cancel this Lease and the parties shall be discharged from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 day period, Tenant's right to cancel this Lease shall terminate.
Appears in 1 contract
Samples: Industrial Lease (Abgenix Inc)
DELAY IN POSSESSION. If for any reason Landlord cannot Substantially Complete (herein defined) the Landlord's Work (herein defined) and deliver possession of the Premises to Tenant by the Base Rent Commencement DateDate (as set forth in Section 1.10 of this Lease), Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease or the obligations of Tenant hereunder. In such case, Tenant shall not, except as otherwise provided herein, be obligated to pay Rent or perform any other obligation of Tenant under the terms of this Lease until Landlord delivers possession of the Premises to Tenant. The term Tenant following Substantial Completion of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant or (ii) 10 days following notice to Tenant that Landlord is prepared to tender possession of the Premises to TenantLandlord's Work. If possession of the Premises is not delivered to Tenant following Substantial Completion of the Landlord's Work within 60 days after the Base Rent Commencement Date (as set forth in Section 1.10 of this Lease) and such delay is not due to Tenant's acts, failure to act or omissions Tenant may by notice in writing to Landlord within 10 days after the end of said 60 day period cancel this Lease Lease, whereupon Landlord shall promptly return to Tenant all monies theretofore paid by Tenant to Landlord on account of the Security Deposit or any advance payments of Base Rent, and thereupon the parties Parties shall be discharged from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 day period, Tenant's right to cancel this Lease shall terminate.
Appears in 1 contract
Samples: Lease Agreement (Carrollton Bancorp)
DELAY IN POSSESSION. If for any reason Landlord cannot deliver ------------------- possession of the Premises to Tenant by the Commencement Date, Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease or the obligations of Tenant hereunder. In such case, Tenant shall not, except as otherwise provided herein, be obligated to pay Rent or perform any other obligation of Tenant under the terms of this Lease until Landlord delivers possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant or (ii) 10 days following notice to Tenant that Landlord is prepared to tender possession of the Premises to Tenant. If possession of the Premises is not delivered to Tenant within 60 days after the Commencement Date and such delay is not due to Tenant's acts, failure to act or omissions Tenant may by notice in writing to Landlord within 10 days after the end of said 60 day period cancel this Lease and the parties shall be discharged from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 day period, Tenant's right to cancel this Lease shall terminate. The parties recognize that the Tenant currently leases the Premises.
Appears in 1 contract
Samples: Lease (Adaptive Broadband Corp)
DELAY IN POSSESSION. If for any reason Landlord cannot deliver possession of the Premises to Tenant by the Commencement Date, Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease or the obligations of Tenant hereunder. In such case, Tenant shall not, except as otherwise provided herein, be obligated to pay Rent or perform any other obligation of Tenant under the terms of this Lease until Landlord delivers possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant or (ii) 10 30 days following notice to Tenant that Landlord is prepared to tender possession of the Premises to Tenant. If possession of the Premises is not delivered to Tenant within 60 120 days after the Commencement Date and such delay is not due to Tenant's acts, failure to act or omissions Tenant may by notice in writing to Landlord within 10 days after the end of said 60 120 day period cancel this Lease and the parties shall be discharged from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 day period, Tenant's right to cancel this Lease shall terminate.
Appears in 1 contract
Samples: Lease (Harmonic Inc)
DELAY IN POSSESSION. If for any reason Landlord cannot deliver possession of the Premises to Tenant by the Commencement Date, Landlord shall not be subject to any liability therefor, nor shall such failure affect the the. validity of this Lease or the obligations of Tenant hereunder. , In such case, Tenant shall not, except as otherwise provided herein, be obligated to pay Rent or perform any other obligation of Tenant under the terms of this Lease until Landlord delivers possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (ia) the date Tenant takes possession of the Premises to Tenant or (iib) 10 days following notice to Tenant that Landlord is prepared to tender totender possession of the Premises Premeises to Tenant. If possession of the Premises is not delivered to Tenant within 60 days after the Commencement Date and such delay is not due to Tenant's acts, failure to act act, or omissions omissions, Tenant may by notice in writing to Landlord within 10 20 days after the end of said 60 60-day period cancel this Lease and the parties shall be discharged dischared from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 20-day period, Tenant's right to cancel this Lease shall terminate.
Appears in 1 contract
DELAY IN POSSESSION. If for any reason Landlord cannot deliver ------------------- possession of the Premises to Tenant by the Commencement Date, Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease or the obligations of Tenant hereunder. In such case, Tenant shall not, except as otherwise provided herein, be obligated to pay Rent or perform any other obligation of Tenant under the terms of this Lease until Landlord delivers possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant for the conduct of business or (ii) 10 days one (1) day following notice to Tenant that Landlord is prepared to tender possession of has substantially completed (as defined in the Premises to TenantFirst Addendum) the Tenant Improvements. If possession of the Premises is not delivered to Tenant within 60 days after the Commencement Date and such delay is not due to Tenant's acts, failure to act or omissions Tenant may by notice in writing to Landlord within 10 days after the end of said 60 day period cancel this Lease and the parties shall be discharged from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 day period, Tenant's right to cancel this Lease shall terminate.
Appears in 1 contract
Samples: Lease (Sonicwall Inc)
DELAY IN POSSESSION. If for any reason Landlord cannot deliver possession of the Premises to Tenant by on the Commencement Projected Completion Date, Landlord the failure shall not be subject to any liability thereforaffect this Lease's validity, nor shall such failure affect the validity of this Lease or the obligations of Tenant hereunder. In such case, render Landlord liable for resulting damages; but Tenant shall not, except as otherwise provided herein, not be obligated to pay Rent rent until Landlord tenders possession. If Landlord cannot deliver possession within 180 Days of the Projected Completion Date (or perform such other extended date as the parties may mutually agree upon in writing) for any other obligation of Tenant reason except a delay excludable under the terms of this Lease until Landlord delivers possession of the Premises to Tenant. The term of the (Tenant Delays or delays caused directly and primarily by Force Majeur), Tenant may terminate this Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant or (ii) 10 days following written notice to Tenant that Landlord is prepared to tender possession of the Premises to TenantLandlord. If possession Tenant elects to terminate this Lease pursuant to the provisions of the Premises is not delivered to this Section,then neither Landlord nor Tenant within 60 days after the Commencement Date and such delay is not due to Tenant's acts, failure to act or omissions Tenant may by notice in writing to Landlord within 10 days after the end of said 60 day period cancel shall have any further obligations under this Lease and Tenant shall have no further recourse against Landlord respecting the parties shall be discharged from all obligations hereunderLease. If such written notice Notwithstanding any other provision of this Lease, a delay in possession caused directly and primarily by a Tenant is Delay will not received by Landlord within said 10 day period, delay the commencement of the Tenant's right obligation to cancel this Lease shall terminatepay Rent or Additional Rent or excuse Tenant from that obligation.
Appears in 1 contract
Samples: Lease Agreement (Quadramed Corp)
DELAY IN POSSESSION. If for any reason Landlord cannot agrees to use commercially reasonable efforts to deliver possession of the Premises to Tenant by the Commencement Scheduled Delivery Date. If, despite said efforts, Landlord is unable to deliver possession of the Premises to Tenant by the Scheduled Delivery Date, Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease or the obligations of Tenant hereunderLease. In such case, Tenant shall not, except as otherwise provided hereinhowever, be obligated to pay Rent or perform any its other obligation of Tenant under the terms of this Lease obligations until Landlord delivers it receives possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant or (ii) 10 days following notice to Tenant that Landlord is prepared to tender possession of the Premises to TenantPremises. If possession of the Premises is not delivered to Tenant within 60 days one (1) month after the Scheduled Commencement Date and such delay is not due to Tenant's actsDate, failure to act or omissions Tenant may may, at its option, by notice in writing to Landlord within 10 ten (10) business days after the end of said 60 day period such one-month period, cancel this Lease and Lease, in which event the parties Parties shall be discharged from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 ten (10) business day period, Tenant's right to cancel shall terminate. If possession is not delivered within three (3) months after the Scheduled Commencement Date, Tenant may, at its option, by notice in writing within ten (10) business days after the end of such three (3) month period, cancel this Lease Lease, in which event the Parties shall be discharged from all obligations hereunder. If such written notice is not received by Landlord within said ten (10) business day period, Tenant's right to cancel shall terminate.
Appears in 1 contract
Samples: Standard Industrial/Commercial Lease Agreement (Intuit Inc)
DELAY IN POSSESSION. If for any reason Landlord cannot deliver ------------------- possession of the Premises to Tenant by the Commencement Date, Landlord shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease or the obligations of Tenant hereunder. In such case, Tenant shall not, except as otherwise provided herein, be obligated to pay Rent or perform any other obligation of Tenant under the terms of this Lease until Landlord delivers possession of the Premises to Tenant. The term of the Lease shall commence on the earlier of (i) the date Tenant takes possession of the Premises to Tenant or (ii) 10 days following notice to Tenant that Landlord is prepared to tender possession of the Premises to Tenant. If possession of the Premises is not delivered to Tenant within 60 days after the Commencement Date and such delay is not due to Tenant's acts, failure to act or omissions Tenant may by notice in writing to Landlord within 10 days after the end of said 60 day period cancel this Lease and the parties shall be discharged from all obligations hereunder. If such written notice of Tenant is not received by Landlord within said 10 day period, Tenant's right to cancel this Lease shall terminate.
Appears in 1 contract