Common use of Delay in Preparation of Tenant's Plans Clause in Contracts

Delay in Preparation of Tenant's Plans. If the Tenant does not -------------------------------------- complete preparation of the Tenant's Plans and Working Drawings within the time periods specified above, and such delay causes the Landlord to postpone substantial completion of the space or delays the Effective Date, then Tenant shall pay to Landlord on the date rent would have commenced hereunder in the absence of such delay, a sum of money equivalent to the Rent for the New Premises for the period during which Tenant would have been obligated to pay rent to the Landlord had not the Effective Date been so delayed.

Appears in 2 contracts

Samples: Lease (Vialog Corp), Lease (Call Points Inc)

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Delay in Preparation of Tenant's Plans. If the Tenant does not complete -------------------------------------- complete preparation of the Tenant's Plans and Working Drawings within the time periods specified above, and such delay causes the Landlord to postpone substantial completion of the space or delays the Effective Lease Commencement Date, then Tenant shall pay to Landlord on the date rent would have commenced hereunder in the absence of such delay, a sum of money equivalent to the Rent for the New Premises for the period during which Tenant would have been obligated to pay rent to the Landlord had not the Effective Lease Commencement Date been so delayed.

Appears in 2 contracts

Samples: Lease (Call Points Inc), Lease (Vialog Corp)

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