Common use of Delayed Occupancy Clause in Contracts

Delayed Occupancy. If possession of the lease premises is not delivered to Lessees at the beginning of the term because the same are not ready for occupancy or because of the holding over of any previous occupant of said premises, Lessor shall not be liable in damages to Lessee therefore, but during the period Lessee shall be unable to occupy the leased Premises, the rental therefore shall be abated. If the Lessor is not able to deliver possession to Lessee within 15 days of the date for the commencement of said term, Lessees may cancel and terminate lease and demand return of deposits and advance rent paid.