Initial Occupancy. “Initial Occupancy” shall mean:
Initial Occupancy. In the event that the room leased to Tenant or the Premises is not ready for occupancy at the commencement of the Lease Term, as determined solely by Landlord, then Landlord reserves the right to assign Tenant to a room in any available University On-Campus Housing accommodation which may include temporary housing in a suitable off-campus accommodation. Upon notification that the original leased space is ready for occupancy tenant will have 24 hours to complete their move.
Initial Occupancy. Tenant shall be obligated to take possession and enter into occupancy of the Premises within thirty (30) days following the Commencement Date.
Initial Occupancy. MachOne and H3D Entertainment, Inc. (another Petex Xxxxx xxxked company) will initially jointly occupy the Premises. However, MachOne shall be the responsible party under this Lease.
Initial Occupancy. New Units shall be initially, fully leased by [insert date].
Initial Occupancy. Purchasers must and will move into and occupy the Property as their principal residence within sixty (60) days of the date of this Contract for Deed.
Initial Occupancy. Purchasers must and will move into and occupy the Property as their principal residence within sixty (60) days of the date of this Contract for Deed, but not before ten (10) days after its execution unless Purchasers have waived their right to a ten (10) day opportunity to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based paint hazards, as provided in Appendix B, Lead-Based Paint Disclosure Addendum.
Initial Occupancy. Tenant shall be obligated to take possession and enter into occupancy of the Premises within thirty (30) days following the Substantial Completion Date; provided, however, that Landlord's sole remedy for breach of this covenant alone, at Landlord's election by written notice to Tenant, shall be to terminate this Lease. In the event of such termination under this clause (c), neither party shall have any further obligations under this Lease except Landlord's and Tenant's respective indemnification obligations under this Lease shall survive such termination of this Lease.
Initial Occupancy. Sublessee represents that it has inspected the demised premises and agrees to take the same in their present condition, and Sublessee acknowledges that no representations with respect to the condition thereof have been made. Any work required by Sublessee to prepare the demised premises for its occupancy shall be made and paid for by Sublessee and shall be subject to all of the terms, covenants, conditions, provisions and agreements set forth in the Underlying Lease.
Initial Occupancy. Except as provided in this paragraph, Tenant shall initially occupy sixty-seven percent (67%) of the Building during the first Lease Year (the “Initial Occupancy Space”), and Base Rent payable during that period shall be based on the area contained in the Initial Occupancy Space. Commencing on the first day of the Second Lease Year (the “Expansion Space Commencement Date”) and continuing through the remainder of the Term, Tenant shall pay Rent for and have the right to occupy the entire Building. Tenant may exercise the option to occupy that portion of the Building not included in the Initial Occupancy Space (the “Expansion Space”) before the commencement of the Second Lease Year by written notice to Landlord given no later than 245 days after the Commencement Date (the “Expansion Space Notice”). Within ninety (90) days after (i) receipt by Landlord of the Expansion Space Notice and Tenant and Landlord approved plans and specifications and (ii) the date on which permits related thereto are available for issuance, subject to delays for delivery of “long lead” items and Force Majeure Events, Landlord shall complete construction of the Tenant Improvements in the Expansion Space, obtain the certificate of occupancy for such space, and deliver possession thereof to Tenant. Only those items selected by Tenant and identified as “long lead” items in Landlord’s written notice to Tenant given within ten (10) business days after Landlord’s initial receipt of specifications containing such items will be deemed “long lead” items for purposes of this Lease. If the Tenant occupies the Expansion Space during the first Lease Year, then commencing on the day of Tenant’s occupancy of the Expansion Space and continuing until the Expansion Space Commencement Date, Base Rent shall be increased by a per diem amount equal to the cost of constructing the Tenant Improvements (based on the contract price under the construction contract approved by Tenant in the same manner as provided in Article 2 hereof) in the Expansion Space, multiplied by 8.5%, and divided by 365 (the “Expansion Space Base Rent”). If Tenant elects not to deliver to Landlord the Expansion Space Notice, Landlord shall complete the Tenant Improvements for the Expansion Space and deliver possession to Tenant of the Expansion Space on or before the Expansion Space Commencement Date, provided that Tenant and Landlord approved plans and specifications have been received by Landlord no later than 245 days following the ...
