Late Opening Charge. In the event Tenant fails to open a Facility for business on or before the Rent Commencement Date applicable to such Facility, City will incur substantial damages, the exact amount of which are extremely difficult to fix. Accordingly, for each day after the Rent Commencement Date until the day on which Tenant opens the Facility for business, Tenant shall pay to City Five Hundred Dollars ($500.00) (in addition to Rent as provided below), as liquidated damages. The parties have agreed that this amount represents a reasonable approximation of the damages likely to be suffered by City in the event Tenant shall fail to open on or before the Rent Commencement Date. In the event the Facility is not open for business on the date that is sixty (60) days after the Rent Commencement Date, City shall have the option to terminate this Lease, or to remove the applicable Facility from the Lease, exercisable by notice to Tenant. In the event the applicable Facility is removed from the Lease, any Rent components based on square footage shall be reduced accordingly. Tenant shall be liable for all damages associated with such termination or removal, including City’s releasing costs.
Late Opening Charge. Delivery Delay by City .......................................................................................
Late Opening Charge. In the event Tenant fails to open for business in the Premises on or before the Rent Commencement Date, City will incur substantial damages, the exact amount of which are extremely difficult to fix. Accordingly, for each day after the Rent Commencement Date until the day on which Tenant opens for business, City may elect, in its sole and absolute discretion, to require Tenant pay to City Five Hundred Dollars ($500.00) (in addition to Rent as provided below), as liquidated damages. The parties have agreed that this amount represents a reasonable approximation of the damage likely to be suffered by City in the event Tenant shall fail to open on or before the Rent Commencement Date. In the event the Premises is not open for business on the date that is sixty (60) days after the Rent Commencement Date, City shall have the option to terminate this Lease. Tenant shall be liable for all damages associated with such termination or removal, including the City’s releasing costs.
Late Opening Charge. 30 ARTICLE 14
Late Opening Charge. In the event Operator fails to commence its operation for business on or before the Rent Commencement Date applicable to such Premises, City will incur substantial damages, the exact amount of which are extremely difficult to fix. Accordingly, for each day after the Rent Commencement Date until the day on which Operator commences operations for business, Operator shall pay to City Five Hundred Dollars ($500.00) (in addition to Rent as provided below), as liquidated damages. The parties have agreed that this amount represents a reasonable approximation of the damages likely to be suffered by City in the event Operator shall fail to open on or before the Rent Commencement Date. In the event the Premise is not open for business on the date that is sixty (60) days after the Rent Commencement Date, City shall have the option to terminate this Lease, or to remove the applicable Premise from the Lease, exercisable by notice to Operator. In the event the applicable Premise is removed from the Lease, any Rent components based on square footage shall be reduced accordingly. Operator shall be liable for all damages associated with such termination or removal, including City’s releasing costs.
Late Opening Charge. In the event Tenant fails to open the Banking Center for business or install an ATM on or before the agreed-upon Rent Commencement Date applicable, City will incur substantial damages, the exact amount of which are extremely difficult to fix. Accordingly, for each day after the Rent Commencement Date until the day on which Tenant opens the Premises for business, Tenant shall pay to City Five Hundred Dollars ($500.00) (in addition to Rent as provided below), as liquidated damages. The parties have agreed that this amount represents a reasonable approximation of the damages likely to be suffered by City in the event Tenant shall fail to open its Banking Center or have its ATM units operational on or before the Rent Commencement Date. In the event the Banking Center is not open for business or its ATM units are not operational on the date that is sixty days (60) days after the Rent Commencement Date, City shall have the option to terminate this Lease, or to remove any or all ATM Location(s) from the Lease, exercisable by notice to Tenant. In the event any or all of its ATM Location are removed from the Lease, Tenant shall be liable for all damages associated with such termination or removal, including City’s releasing costs.
Late Opening Charge. Section 1.16 AGREEMENT...............................Section 10.01 LEASED AND OCCUPIED ANNUAL BREAKPOINT........................Section 1.07
Late Opening Charge. [Intentionally Deleted] ........................................................................................
