EFFECTIVE DATE; TERM A Sample Clauses

EFFECTIVE DATE; TERM A. The effective date of this Lease (“Effective Date”) shall be the date when this Lease shall have been executed and delivered by Landlord and Tenant. B. It is understood and agreed that Landlord shall achieve Substantial Completion (defined in Article 6) and deliver the Demised Premises to Tenant in three (3) portions (each portion of the Demised Premises being a “Tranche” and all three portions collectively the “Tranches”). The first Tranche that Landlord shall deliver to Tenant (the “First Tranche”) shall consist of the portions of the Demised Premises located on the sub-cellar (both portions), cellar, lobby, ground floor (all three such portions), 2nd, 3rd, 4th, 5th, 18th (partial), and 23rd floors. The second Tranche that Landlord shall deliver to Tenant (the “Second Tranche”) shall consist of the portions of the Demised Premises located on the 6th, 7th, 8th, 11th, 14th (partial), 17th, 21st, and 22nd floors. The third and final Tranche that Landlord shall deliver to Tenant (the “Third Tranche”) shall consist of the portions of the Demised Premises located on the 9th, 10th, 12th, 25th, 26th, 27th, 28th, 29th, and 30th floors. C. (1) The term of this Lease (the “Term”) shall commence upon the date that Landlord has achieved Substantial Completion of the Work for the First Tranche as determined by the Design and Project Management Unit (“D&PM”) of DCAS in accordance with the terms of Article 6 (the “Commencement Date”) and shall expire at 11:59 p.m. of the day (the “Expiration 4 Date”) immediately preceding the earliest to occur of (x) the twentieth (20th) anniversary of the Final Substantial Completion Date (defined in Article 6) and (y) the twenty-first (21st) anniversary of the Commencement Date, unless sooner terminated or extended, as provided herein. The term “Initial Term” shall refer to the portion of the Term of this Lease commencing on the Commencement Date and ending on the Expiration Date. The Commencement Date as established by D&PM’s determination of the date that Landlord has achieved Substantial Completion of the Work for the First Tranche may be subject to subsequent adjustment pursuant to arbitration in accordance with the terms of Section 6(A)(9)(vi). In addition, the Expiration Date, if established pursuant to clause (x) above, may also be subject to subsequent adjustment pursuant to arbitration in accordance with the terms of Section 6(A)(9)(vi). (2) Notwithstanding anything to the contrary, the Second Tranche and Third Tranche shall ...
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Related to EFFECTIVE DATE; TERM A

  • Effective Date; Term This Agreement shall become effective on the date of its execution and shall remain in force for a period of two (2) years from such date, and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Trust or the Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the Fund. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the Act and the rules and regulations thereunder.

  • EFFECTIVE DATE; TERM OF AGREEMENT This Agreement shall become effective as of April 5, 2005 (the "Effective Date"). Executive's employment shall continue on the terms provided herein until April 4, 2008 (the "End Date"), subject to earlier termination as provided herein (such period of employment hereinafter called the "Employment Period").

  • Effective Date; Termination This Agreement shall become effective upon execution by all of the Parties and shall continue in force until terminated in accordance with Clause 8.2(a).

  • Effective Date, Term and Approval This Agreement shall become effective with respect to a Fund, if approved by the shareholders of such Fund, on the Effective Date for such Fund, as set forth in Appendix A attached hereto. If so approved, this Agreement shall thereafter continue in force and effect until June 30, 2001, and may be continued from year to year thereafter, provided that the continuation of the Agreement is specifically approved at least annually:

  • Effective Date Term and Termination A. This Agreement covers individual ANNUITY CONTRACTs issued by the CEDING COMPANY that:

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