Common use of LEASE COMMENCEMENT DATE AND LEASE TERM Clause in Contracts

LEASE COMMENCEMENT DATE AND LEASE TERM. The term of this Lease shall begin, and the Lease Commencement Date shall be deemed to have occurred, on the later to occur of (a) the Anticipated Lease Commencement Date, as set forth in Article 1, and (b) one day after the existing tenant, Digeo Interactive LLC, vacates the Leased Premises (such later date, the “Lease Commencement Date”). The term of this Lease shall in all events end on the Lease Expiration Date (as set forth in Article 1). The Lease Term shall be that period of time commencing on the Lease Commencement Date and ending on the Lease Expiration Date (the “Lease Term”).

Appears in 2 contracts

Samples: Lease Agreement (Switch & Data, Inc.), Lease (Switch & Data, Inc.)

AutoNDA by SimpleDocs

LEASE COMMENCEMENT DATE AND LEASE TERM. The term of this Lease shall begin, and the Lease Commencement Date shall be deemed to have occurred, on the later to occur of Intended Commencement Date (a) the Anticipated Lease Commencement Date, as set forth in Article 1, and ) unless either (bi) one day after the existing tenant, Digeo Interactive LLC, vacates Landlord is unable to deliver possession of the Leased Premises to Tenant on the Intended Commencement Date, in which case the Lease Commencement Date shall be as determined pursuant to Paragraph 2.7 below (such later date, the “Lease Commencement Date”). The term of this Lease shall in all events end on the Lease Expiration Date (as set forth in Article 1), irrespective of whatever date the Lease Commencement Date is determined to be pursuant to the foregoing sentence. The Lease Term shall be that period of time commencing on the Lease Commencement Date and ending on the Lease Expiration Date (the “Lease Term”).

Appears in 2 contracts

Samples: Industrial Space Lease (Viasystems Group Inc), Industrial Space Lease (Viasystems Group Inc)

AutoNDA by SimpleDocs

LEASE COMMENCEMENT DATE AND LEASE TERM. The term of this Lease shall begin, and the Lease Commencement Date shall be deemed to have occurred, on the later to occur of Intended Commencement Date (a) the Anticipated Lease Commencement Date, as set forth in Article 1, and (b) one day after the existing tenant, Digeo Interactive LLC, vacates unless Landlord is unable to deliver possession of the Leased Premises (such later dateto Tenant on the Intended Commencement Date, in which case the Lease Commencement Date”)Date shall be as determined pursuant to Article 2.4 below. The term of this the Lease shall in all events end on the Lease Expiration Date (as set forth in Article 1), irrespective of whatever date the Lease Commencement Date is determined to be pursuant to the foregoing sentence. The Lease Term shall be that period of time commencing on the Lease Commencement Date and ending on the Lease Expiration Date (the "Lease Term").

Appears in 1 contract

Samples: Industrial Space Lease (Mattson Technology Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!