Delay In Substantial Completion; Lease Commencement Date Sample Clauses

Delay In Substantial Completion; Lease Commencement Date. Landlord shall use commercially reasonable efforts to cause Substantial Completion of the Improvements to be achieved on a phased basis (two floors per phase) by the following dates (the “Target Dates”): (i) Seventh Floor Premises and Eighth Floor Premises: April 18, 2013; (ii) Ninth Floor Premises and Tenth Floor Premises: May 2, 2013, and (iii) Eleventh Floor Premises and Twelfth Floor Premises: May 16, 2013. In the event that Landlord is unable to cause the Substantial Completion of the Improvements to occur by each of the respective Target Dates, then: (a) In the event that Landlord is unable to cause the Substantial Completion of Improvements to occur in the Seventh Floor Premises and Eighth Floor Premises by April 18, 2013 (which date shall be extended on a day-for-day basis for each day of Tenant Delay, as defined in Section 5.2 of the Work Letter), then for each day during the period ("7/8 Abatement Period") commencing the day thereafter and ending upon the date which is fourteen (14) days after the date on which Landlord does cause the Substantial Completion of the Improvements to occur in the Seventh Floor Premises and Eighth Floor Premises (the period between Substantial Completion and the end of such fourteen (14) days is the "7/8 Completion Period"), Tenant shall be entitled to receive, on a day-for-day basis, an abatement of the Base Rent (as that term is defined in Section 3.1, below) otherwise attributable to the Seventh Floor Premises and Eighth Floor Premises during the 7/8 Abatement Period, commencing on the Lease Commencement Date; (b) in the event that Landlord is unable to cause the Substantial Completion of Improvements to occur in the Ninth Floor Premises and Tenth Floor Premises by May 2, 2013 (which date shall be extended on a day-for-day basis for each day of Tenant Delay), then for each day during the period ("9/10 Abatement Period") commencing the day thereafter and ending upon the date which is fourteen (14) days after the date on which Landlord does cause the Substantial Completion of the Improvements to occur in the Ninth Floor Premises and Tenth Floor Premises (the period between Substantial Completion and the end of such fourteen (14) days is the "9/10 Completion Period"), Tenant shall be entitled to receive, on a day-for-day basis, an abatement of the Base Rent otherwise attributable to the Ninth Floor Premises and Tenth Floor Premises during the 9/10 Abatement Period, commencing on the Lease Commencement Date; and (c) in...
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Related to Delay In Substantial Completion; Lease Commencement Date

  • Substantial Completion Date Substantial Completion of the Work as defined in Article 6.1.2 of the General Conditions to the Continuing Contract for Construction Management shall be achieved by July 31, 2022.

  • Substantial Completion 9.8.1 When the Contractor considers that the Work, or a designated portion thereof which has been accepted in writing to by the State, is substantially complete as defined in Subparagraph

  • Upon Substantial Completion of the Work or designated portion thereof and upon application by the Contractor and certification by the Architect, the State shall make payment, reflecting adjustment in retainage, if any, for such Work or portion thereof, as provided in the Contract Documents.

  • Lease Commencement Date The earlier to occur of (i) the date upon which Tenant first commences to conduct business in the Premises, and (ii) the later to occur of (A) November 1, 2018 and (B) the date upon which the Premises are Ready for Occupancy (as that term is defined in Section 5.1 of the Tenant Work Letter attached hereto as Exhibit B (the “Tenant Work Letter”)).

  • DATE OF COMMENCEMENT AND SUBSTANTIAL COMPLETION § 3.1 The date of commencement of the Work shall be: § 3.2 The Contract Time shall be measured from the date of commencement of the Work.

  • Lease Commencement Notwithstanding anything contained herein to the contrary, if Lessor, for any reason whatsoever, including Lessor's negligence except as provided for in Article 27(b), cannot deliver possession of the Premises, as provided for in Article 27(a), to Lessee at the commencement of the agreed Term as set forth in Article 2, this Lease shall not be void or voidable, nor shall Lessor be liable to Lessee for any loss or damage resulting therefrom, but in that event, the Term shall be for the full term as specified above to commence from and after the date Lessor shall have delivered possession of the Premises to Lessee or from the date Lessor would have delivered possession of the Premises to Lessee but for Lessee's failure to timely supply to Lessor such drawings and/or information required by Exhibit C or for any other reason attributable to Lessee (herein the "Commencement Date") and to expire midnight of the day immediately preceding Term anniversary of the Commencement Date, and if requested by Lessor, Lessor and Lessee shall, ratify and confirm said Commencement and Expiration Dates by completing and signing Exhibit G attached hereto and made a part hereof.

  • Project Completion Date It is agreed between the Parties that the Project Completion Date is <END DATE, YEAR>. If the Project is not completed by such date then, subject to an amendment agreed to between the Parties, Alberta Innovates may elect to terminate this Investment Agreement. In such event, Alberta Innovates will notify the Applicant of its decision to terminate as soon as reasonably practical and shall advise the Applicant of the effective date of termination. Alberta Innovates will have no liability or obligation to reimburse the Applicant for any Project Costs incurred after the effective date of termination and may require the Applicant to return any portions of the Investment which were spent on Ineligible Expenses. Additionally, any portion of the Investment not used and accounted for in accordance with this Agreement as of the Project Completion Date or earlier termination is repayable by the Applicant to AI at AI’s request.

  • Final Completion Date Final Completion for the Work as defined in Article 6.1.3 of the General Conditions to the Continuing Contract for Construction Management shall be achieved by October 31, 2024.

  • Rent Commencement Date The "Rent Commencement Date" shall be the date that Tenant first uses the Premises or any portion thereof for any purpose permitted under this lease. In the event this lease pertains to a building or building interior finish to be constructed, the "Rent Commencement Date" shall be the date upon which the buildings and other improvements erected and to be erected upon the premises shall have been substantially completed in accordance with the plans and specifications described on Exhibit "C" attached hereto and incorporated herein by reference, provided however, that if Landlord shall be delayed in such substantial completion as a result of: (i) Tenant's failure to agree to plans, specifications, and cost estimates, within a reasonable period of time; (ii) Tenant's request for materials, finishes or installations other than Landlord's standard; (iii) Tenant's changes in plans; the commencement date and the payment of rent hereunder shall be accelerated by the number of days of such delay, and provided further that if Landlord cannot substantially complete the premises as a result of any events (i) through (iii) above, Landlord may as its election complete so much of Landlord's work as may be practical under the circumstances and, by written notice to Tenant, establish the commencement date as the date of such partial completion, subject to any applicable accelerations due to delays resulting from events (i) through (iii) above. Taking possession by Tenant shall be deemed conclusively to establish that said buildings and other improvements have been completed in accordance with the plans and specifications and that the premises are in good and satisfactory condition, as of when possession was so taken. Tenant acknowledges that no representations as to the repair of the premises have been made by Landlord, unless such are expressly set forth in the lease. After such "Rent Commencement Date" Tenant shall, upon demand, execute and deliver to Landlord a letter of acceptance of delivery of the premises. In the event of any dispute as to substantial completion of work performed, execute or required to be performed by Landlord, the certificate of Landlord's architect or general contractor shall be conclusive.

  • Final Completion The full and final completion of all Work in accordance with the Contract Documents.

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