Delivery of Premises; Termination Clause Samples
Delivery of Premises; Termination. If Landlord fails to deliver possession of the Premises to Tenant on or before October 1, 2009, Tenant may terminate this Lease by 30 days’ notice to Landlord at any time thereafter before the date on which possession is delivered to Tenant, which termination will be Tenant’s sole remedy for Landlord’s failure to deliver possession of the Premises hereunder. If this Lease has not terminated as a result of Tenant’s termination before the date on which possession of the Premises is delivered by Landlord, the Commencement Date will be the date on which Landlord delivers possession and the first and last day of each Rent Period, beginning with the Free Rent Period, will be one day later for each day that the Commencement Date is later than October 1, 2009. Landlord and Tenant will promptly execute a Commencement Date Certificate to memorialize the actual Commencement Date.
Delivery of Premises; Termination. On the date the Lease begins if, despite reasonable efforts, the LANDLORD is unable to deliver full possession of the Premises on the date the Lease begins, the LANDLORD shall not be liable to TENANT for any loss or damage nor shall this Lease be void or voidable, but the rent for the Lease Term shall be proportionally reduced and the TENANT shall not be liable for any rent until possession is delivered. Should the Premises become uninhabitable by fire, other casualty or violation of law the Lease shall thereupon end and TENANT shall be entitled to a proportional refund of the rent, subject to LANDLORD'S right to offset for damage to the Premises for which the TENANT is responsible. If the Premises is in a multi-unit residential dwelling, the LANDLORD will provide insurance coverage of up to $750 to cover the actual cost of relocation if the TENANT is displaced by fire or fire damage.
Delivery of Premises; Termination. Landlord shall use reasonable efforts to cause the Demised Premises to be Ready for Occupancy by June 1, 2002, subject to delays caused by Tenant or its agents or contractors, or other Unavoidable Delays. In the event that the Demised Premises are not Ready for Occupancy and occupancy of the Demised Premises has not been delivered to Tenant by November 1, 2002, other than as a result of delays caused by Tenant or its agents or contractors, Tenant shall have the right upon ten (10) business days prior written notice to Landlord to terminate this Lease (unless the Demised Premises are Ready for Occupancy on or before the expiration of such ten (10) business day notice period).
