Common use of Failure to Meet Commencement Date Conditions Clause in Contracts

Failure to Meet Commencement Date Conditions. In the event that the Commencement Date Conditions have not been completed by the Target Commencement Date, subject to extension by virtue of Force Majeure, Landlord shall not be deemed in default hereunder, and the Commencement Date shall be postponed, as Tenant’s sole and exclusive alternative remedies, until the date on which the Commencement Date Conditions have occurred. Notwithstanding the foregoing:

Appears in 3 contracts

Samples: Datacenter Lease (Carbonite Inc), Certain Defined Terms (Carbonite Inc), Turn Key Datacenter Lease (Carbonite Inc)

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Failure to Meet Commencement Date Conditions. In the event that the Commencement Date Conditions have not been completed by the Target Commencement Date, subject to extension by virtue of Force Majeure, Landlord shall not be deemed in default hereunder, and the Commencement Date shall be postponed, as Tenant’s sole and exclusive Confidential Treatment Requested by Carbonite, Inc. alternative remedies, until the date on which the Commencement Date Conditions have occurred. Notwithstanding the foregoing:

Appears in 1 contract

Samples: Turn Key Datacenter Lease (Carbonite Inc)

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