Common use of Lease Period Clause in Contracts

Lease Period. The Lease shall commence on the Commencement Date (per the Offer Schedule) and shall continue for the period of 1 (one) year. In the event that the Tenant takes occupation prior to the Commencement Date, then the Tenant shall be liable for pro-rata Gross Monthly Rental for the period between the occupation date and the Commencement Date. If the Landlord is unable to give the Tenant access to the Premises on the Commencement Date, the Tenant shall have no claim for damages, nor shall the Tenant have a right of cancellation without first having afforded the Landlord two calendar weeks-notice to remedy such breach and shall accept access on such later date on which the Premises are available. In the event of such a delay, the Landlord shall rebate to the Tenant an amount equal to the pro-rata Gross Monthly Rental for the period between the Commencement Date of the lease and day on which the Tenant was provide occupation by the Landlord.