Expansion Commencement Date Clause Samples
The Expansion Commencement Date clause defines the specific date on which the terms related to an expansion—such as additional leased space or increased service capacity—become effective. Typically, this clause outlines how and when the commencement date is determined, which may depend on the completion of construction, delivery of possession, or satisfaction of certain conditions. Its core function is to provide clarity and certainty for both parties regarding when new obligations or rights associated with the expansion begin, thereby preventing disputes over timing and responsibilities.
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Expansion Commencement Date. After the execution and delivery of this First Amendment by all parties hereto, Landlord shall complete the Landlord’s Expansion Work at Landlord’s sole cost and expense and thereafter deliver possession of the Expansion Premises to the Tenant for the purpose of making the Expansion Improvements in accordance with the terms hereof. The Expansion Commencement Date shall be the date set forth in the definition of that term in Section 2 hereof. Tenant acknowledges that upon the substantial completion of Landlord’s Expansion Work the Expansion Premises shall be delivered AS IS and that no representations as to the condition of the Expansion Premises have been made by Landlord, provided that all base building systems shall be in good working order at the time of delivery of the Expansion Premises to Tenant. The taking of possession by Tenant shall establish that the Expansion Premises are in good and satisfactory condition when possession was so taken and the Expansion Commencement Date shall occur as provided in the definition of that term. In no event shall Tenant’s refusal or failure to take possession of the Expansion Premises delay or postpone the occurrence of the Expansion Commencement Date unless such refusal or failure is a result of Landlord’s failure to provide the Expansion Premises in good and satisfactory condition. Tenant’s possession of the Expansion Premises prior to the Expansion Commencement Date shall be solely for purposes of moving in furniture and equipment, preparing cabling and wiring and performing the Expansion Improvements as provided above and shall be subject to all of the terms and conditions of this Lease, except that Tenant shall not be required to pay Base Rent for the Expansion Premises with respect to the period of time prior to the Expansion Commencement Date during which Tenant performs such work. Tenant, however, shall be liable for payment of any above standard services (such as after hours HVAC service) that are provided to Tenant during the period of Tenant’s possession of the Expansion Premises prior to the Expansion Commencement Date).
Expansion Commencement Date. The term “Expansion Commencement Date” is hereby defined to be and to mean October 1, 2011. Tenant is allowed to occupy, use, work in or otherwise enter the Expansion Premises prior to the applicable Expansion Commencement Date and the terms and conditions of the Lease as hereby amended shall apply, except that Tenant shall not be required to pay rent for any period(s) prior to the applicable Expansion Commencement Date for the Expansion Premises.
Expansion Commencement Date. Commencing as of December 15, 2012 (the “Expansion Rent Commencement Date”), Tenant shall lease from Landlord and Landlord shall lease to Tenant the Expansion Premises. Consequently, as of the Expansion Rent Commencement Date, the “Premises” as defined in the Lease shall be increased to include both the Existing Premises and the Expansion Premises. Landlord and Tenant hereby acknowledge and agree that, effective as of the Expansion Rent Commencement Date, the stipulated size of the Premises shall total 21,667 rentable square feet.
Expansion Commencement Date. The Expansion Commencement Date shall be the date of this Amendment. Landlord shall deliver the Additional Premises to Tenant on the Expansion Commencement Date free of all tenants and occupants (including their personal property and trade fixtures), in broom clean condition, good working order and compliance in all material respects with applicable laws, codes, ordinances, rules and regulations.
Expansion Commencement Date. The later of (i) October 1, 2013 or (ii) Landlord’s delivery of the Expansion Premises to Tenant with Landlord’s Expansion Work substantially complete.
Expansion Commencement Date. Commencing on the date (the "Expansion Commencement Date") that Landlord delivers the Expansion Premises to Tenant in the Delivery Condition, and continuing through the Expiration Date (i.e., October 31, 2021), Tenant shall lease from Landlord and Landlord shall lease to Tenant the Expansion Premises pursuant to the terms of the Lease, except as amended by this Third Amendment. The period commencing on the Expansion Commencement Date and continuing through, and including the Expiration Date, shall be referred to herein as the "Expansion Term". Effective upon the Expansion Commencement Date, the Existing Premises shall be increased to include the Expansion Premises, which Premises shall be deemed to consist of 10,116 rentable square feet) and, except as otherwise specifically provided in this Third Amendment, all references in the Lease and this Third Amendment to the term "Premises" shall include the Existing Premises and the Expansion Premises. Landlord and Tenant hereby acknowledge and agree that the Expansion Premises shall be deemed to contain the rentable square feet set forth in Recital B above (and shall not be subject to re-measurement or modification during the Expansion Term). Landlord shall use commercially reasonable efforts to deliver the Expansion Premises to Tenant by December 1, 2018.
Expansion Commencement Date. Effective as of the date (“Expansion Commencement Date”) that is the later of (i) April 1, 2009 or (ii) the date of Substantial Completion of the Improvements (as defined in the Work Letter Agreement attached hereto as Exhibit “B”) (or the date Substantial Completion would have occurred but for Tenant Delays (as defined in Exhibit “B”)), Tenant shall lease from Landlord and Landlord shall lease to Tenant the Expansion Space. Accordingly, effective upon the Expansion Commencement Date, the Existing Premises shall be increased to include the Expansion Space. Landlord and Tenant hereby stipulate and agree that such addition of the Expansion Space to the Existing Premises shall, effective as of the Expansion Commencement Date, increase the number of square feet leased by Tenant in the Project to a total of 31,541 rentable (28,099 usable) square feet. Effective as of the Expansion Commencement Date, all references to the “Premises” shall mean and refer to the Existing Premises as expanded by the Expansion Space.
Expansion Commencement Date. The term “Expansion Commencement Date” when used in this Amendment shall mean the earlier to occur of (i) the date Substantial Completion of the Expansion Improvements occurs, or (ii) May 1, 2013 (the “Outside Date”); provided, however, if the construction contract with the Contractor selected to perform the construction of the Expansion Improvements in accordance with New Exhibit “D” attached hereto provides for a completion date that is later than Outside Date and/ or Tenant Delays occur, the Outside Date will be extended on a day-to-day basis based on the number of additional days the construction contract contemplates for completion and the number of days of Tenant Delays so long as the Expansion Completion Date is not extended beyond June 1, 2012 for any reason other than Landlord Delays (as defined in New Exhibit “D”).
Expansion Commencement Date. The "Expansion Commencement Date" will be the earlier of (a) the date the Tenant Improvements (as defined in Paragraph 7 of this Amendment) are substantially complete to the extent that Tenant may reasonably use and occupy the Additional Space for the purpose for general office purposes, or (b) March 1, 2001. As of the date this Amendment has been executed by both Landlord and Tenant, Tenant may enter the Additional Space for the sole purpose of causing the Tenant Improvements to be constructed. Upon such entry, all of Tenant's covenants and obligations under the Lease (except those regarding payment of rent) will be applicable to the Additional Space.
Expansion Commencement Date. The Expansion Commencement Date for the Expansion Space is , 2009.