Common use of Habendum Clause in Contracts

Habendum. Tenant shall have and hold the Premises for a period commencing on the earlier of (a) the Substantial Completion Date (as determined in accordance with Section 3.4(D) below), or (b) that date on which Tenant commences occupancy of any portion of the Premises for the Permitted Uses, and continuing for the Term unless sooner terminated as provided in Article VI or Article VII or unless extended as provided in Section 8.20. As soon as may be convenient after the date has been determined on which the Term commences as aforesaid, Landlord and Tenant agree to join with each other in the execution of a written Declaration, in the form of Exhibit E, in which the date on which the Term commences as aforesaid and the Term of this Lease shall be stated. If Tenant fails to execute or state objections to such Declaration within thirty (30) days after such Declaration is submitted by Landlord to Tenant, the Commencement Date and Lease Term shall be as originally set forth in the Declaration delivered by Landlord.

Appears in 5 contracts

Samples: Lease Agreement (Irobot Corp), Lease Agreement (Irobot Corp), Lease Agreement (Irobot Corp)

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Habendum. Tenant shall have and hold the Premises for a period commencing on the earlier of (a) that date on which the Substantial Completion Date (Premises are ready for occupancy as determined defined in accordance with Section 3.4(D) below)3.1 and Exhibit B-1 hereof, or (b) that date on which Tenant commences occupancy of any portion of the Premises for the Permitted Uses, and continuing for the Term unless sooner terminated as provided in Article VI or Article VII or unless extended as provided in Section 8.209.18. As soon as may be convenient after the date has been determined on which the Term commences as aforesaid, Landlord and Tenant agree to join with each other in the execution of a written DeclarationDeclaration Affixing the Commencement Date of Lease, in the form of Exhibit E, in which the date on which the Term commences as aforesaid and the Term of this Lease shall be stated. If Tenant fails to execute or state objections to such Declaration within thirty (30) days after such Declaration is submitted by Landlord to TenantAffixing the Commencement Date of Lease, the Commencement Date and Lease Term shall be as originally set forth reasonably determined by Landlord in accordance with the Declaration delivered by Landlordterms of this Lease.

Appears in 2 contracts

Samples: Lease Agreement (Upstream Bio, Inc.), Lease Agreement (Upstream Bio, Inc.)

Habendum. Tenant shall have and hold the Premises for a period the Term of this Lease specified in Section 1.2 hereof as the “Lease Term,” and commencing on the date (the “Commencement Date”) that is the earlier of of: (ai) the The Substantial Completion Date (as determined that term is defined in accordance with Section 3.4(DExhibit B-1); or (ii) below), or (b) that The date on which Tenant commences occupancy of any portion of the Premises for the Permitted Uses, and continuing for the Term unless sooner terminated as provided in Article VI or Article VII or unless extended as provided in Section 8.20Use. As soon as may be convenient after the date has been determined on which the Term commences as aforesaid, Landlord and Tenant agree to join with each other in the execution of a written DeclarationDeclaration Affixing the Commencement Date of Lease, in the form of Exhibit E, in which the date on which the Term commences as aforesaid and the Term of this Lease shall be stated. If Tenant fails shall fail to execute or state objections to such Declaration within thirty (30) days after such Declaration is submitted by Landlord to TenantAffixing the Commencement Date of Lease, the Commencement Date and Lease Term shall be as originally set forth determined in accordance with the Declaration delivered by Landlordterms of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Mimecast LTD)

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Habendum. Tenant shall have and hold the Premises for a period commencing on the earlier of (a) that date on which the Substantial Completion Date (Premises are ready for occupancy as determined in accordance with Section 3.4(D) below)3.1 provided, or (b) that date on which Tenant commences occupancy of any portion of the Premises for the Permitted Uses, and continuing for the Term unless sooner terminated as provided in Article VI or Article VII or unless extended as provided in Section 8.20. As soon as may be convenient after the date has been determined on which the Term commences as aforesaid, Landlord and Tenant agree to join with each other in the execution of a written Declaration, in the form of Exhibit E, in which the date on which the Term commences as aforesaid and the Term of this Lease shall be stated. If Tenant fails to execute or state objections to such Declaration within thirty (30) days after such Declaration is submitted by Landlord to TenantDeclaration, the Commencement Date and Lease Term shall be as originally set forth reasonably determined by Landlord in accordance with the Declaration delivered by Landlordterms of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Netegrity Inc)

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