New Commencement Date Sample Clauses

New Commencement Date. The term “New Commencement Date” shall mean as follows:
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New Commencement Date. A readiness date given by Owner to Resident in writing shall be considered the new Lease commencement date for all purposes, including the right of Resident to terminate under this paragraph if the Unit is not ready on such new commencement date. Such new commencement date may never be moved to an earlier date except by mutual agreement of Owner and Resident.
Sample 1
New Commencement Date. The Lease term as to the Additional Space shall be for sixty (60) months and shall commence on the earlier to occur of (i) the date Tenant (or any subtenant) takes possession of, occupies or commences using any part of the Additional Space, or (ii) [he date of "substantial completion" (as hereinafter defined), or (iii) the date established by Landlord in the event of a delay as described in Article 10 hereof. The date on which the Lease term of the Additional Space commences pursuant to the foregoing (the "New Commencement Date") shall be confirmed by Landlord and Tenant in the form set forth in Exhibit B when Tenant takes possession of the Additional Space. The term of the Lease for the Additional Space shall be extended to be co-terminus with the Lease term for the Additional Space. Failure of Tenant to execute Exhibit B within ten (10) days after written request from Landlord shall be a material default hereunder. This Agreement shall be a binding contractual agreement effective upon the date of execution hereof by both Landlord and Tenant, notwithstanding the later commencement of the term of the Lease as to the Additional Space".
Sample 1
New Commencement Date. “New Commencement Date” shall mean January 1, 2006.
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New Commencement Date. Tenant's leasing of the First Offer Space shall commence as of the date hereof, however, Tenant's obligation to pay rent with respect to the First Offer Space shall commence July 27, 1997 (the "New Commencement Date")
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New Commencement Date. Tenant's leasing of the Additional Space shall commence as of the date hereof, however, Tenant's obligation to pay rent with respect to the Additional Space shall commence upon the date (the "New Commencement Date") which is the earlier to occur of (i) the date Landlord has substantially completed the Tenant Improvements substantially in accordance with the Final Plans as described in EXHIBIT D attached hereto, or (ii) the date Tenant takes occupancy of the Additional Space and commences to conduct business therefrom. The parties anticipate that the New Commencement Date will occur on or before April 1, 1996. EXHIBIT "A" TO SECOND AMENDMENT TO OFFICE LEASE AND PARKING LICENSE AGREEMENT
Sample 1
New Commencement Date. The "New Commencement Date" shall be October 1, 2001.
Sample 1
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New Commencement Date. The "New Commencement Date" for the New Premises shall be the later of (i) November 1, 1997, and (ii) the date on which Landlord delivers the entire New Premises to Tenant, free of all tenants and occupants and in broom clean condition. Landlord agrees to use all reasonable efforts (including instituting eviction proceedings) to deliver the entire New Premises to Tenant free of all tenants and occupants and in broom clean condition, by November 1, 1997. If, despite using such reasonable efforts, Landlord is unable to deliver the New Premises to Tenant by February 28, 1998, Tenant shall have the right, exercisable by written notice to Landlord before April 1, 1998, to terminate and render void Paragraphs 2, 6, 8, 11 and 12 and all other provision of this Amendment relating to Tenant's lease of the portions of the New Premises other than the Temporary Premises (which is addressed in Paragraph 5 of this Amendment) and the original Premises. If Tenant elects to give such notice, Tenant's lease of such other portions of the New Premises shall be terminated without further recourse to Landlord or Tenant, unless Landlord causes the New Commencement Date to occur before April 1, 1998, in which case this Amendment shall remain in full force. If Tenant elects to give such notice, the Lease shall continue as to the original Premises and the Temporary Premises under the terms and conditions of the Lease, as amended by the remaining terms of this Amendment, unless Tenant, at its option, exercises its right under Paragraph 5 of this Amendment to terminate the Lease as it relates to the Temporary Space. Effective as of the New Commencement Date, if it occurs, the Initial Term shall be extended so that it expires at midnight on the seventh anniversary of the New Commencement Date for the New Premises as provided above, which anniversary shall thereafter be deemed to be the "Expiration Date". Within thirty (30) days of the Temporary Commencement Date for the Temporary Premises and within thirty (30) days of the New Commencement Date for the New Premises, the parties hereto shall execute a written instrument confirming each such Commencement Date.
Sample 1

Related to New Commencement Date

  • Rent Commencement Date The "Rent Commencement Date" shall be the date that Tenant first uses the Premises or any portion thereof for any purpose permitted under this lease. In the event this lease pertains to a building or building interior finish to be constructed, the "Rent Commencement Date" shall be the date upon which the buildings and other improvements erected and to be erected upon the premises shall have been substantially completed in accordance with the plans and specifications described on Exhibit "C" attached hereto and incorporated herein by reference, provided however, that if Landlord shall be delayed in such substantial completion as a result of: (i) Tenant's failure to agree to plans, specifications, and cost estimates, within a reasonable period of time; (ii) Tenant's request for materials, finishes or installations other than Landlord's standard; (iii) Tenant's changes in plans; the commencement date and the payment of rent hereunder shall be accelerated by the number of days of such delay, and provided further that if Landlord cannot substantially complete the premises as a result of any events (i) through (iii) above, Landlord may as its election complete so much of Landlord's work as may be practical under the circumstances and, by written notice to Tenant, establish the commencement date as the date of such partial completion, subject to any applicable accelerations due to delays resulting from events (i) through (iii) above. Taking possession by Tenant shall be deemed conclusively to establish that said buildings and other improvements have been completed in accordance with the plans and specifications and that the premises are in good and satisfactory condition, as of when possession was so taken. Tenant acknowledges that no representations as to the repair of the premises have been made by Landlord, unless such are expressly set forth in the lease. After such "Rent Commencement Date" Tenant shall, upon demand, execute and deliver to Landlord a letter of acceptance of delivery of the premises. In the event of any dispute as to substantial completion of work performed, execute or required to be performed by Landlord, the certificate of Landlord's architect or general contractor shall be conclusive.

  • Term Commencement Date The date that the Premises are Ready For Occupancy (as defined in Exhibit D attached hereto), which Term Commencement Date is anticipated to be August 1, 2015. In the event Landlord fails to deliver the Premises to Tenant with the Tenant Improvements Substantially Complete on or before November 1, 2015 ("First Outside Date") as such First Outside Date shall be extended due to Force Majeure delays and Tenant Delays, Tenant will be entitled to one day of free Monthly Base Rent, to be applied after the Term Commencement Date, for each day after such First Outside Date that the Premises are not delivered to Tenant as required hereunder. In the event fails to deliver the Premises to Tenant with the Tenant Improvements Substantially Complete on or before December 1, 2015 ("Second Outside Date"), as such Second Outside Date shall be deemed extended due to Force Majeure delays and Tenant Delays, Tenant may terminate this Lease by delivery of written notice to Landlord no later than that date which is five (5) business days after such Second Outside Date, in which case Landlord will immediately refund all amounts paid by Tenant pursuant to this Lease and Tenant shall have no further obligations to Landlord pursuant to this Lease except for those obligations which expressly survive the expiration or sooner termination of this Lease.

  • Lease Commencement Date The earlier to occur of (i) the date upon which Tenant first commences to conduct business in the Premises, and (ii) the later to occur of (A) November 1, 2018 and (B) the date upon which the Premises are Ready for Occupancy (as that term is defined in Section 5.1 of the Tenant Work Letter attached hereto as Exhibit B (the “Tenant Work Letter”)).

  • Commencement Date The Subcontractor shall be permitted to begin the Services on ______________________, 20____ (“Commencement Date”).

  • Service Commencement Date The date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Section 15.3 or Section 29.1 under the Tariff.

  • Vesting Commencement Date Exercise Price per Share: Total Number of Shares Subject to the Option: Total Exercise Price: Expiration Date:

  • Term Commencement The term for each Service will commence on the Service Commencement Date indicated in the Notice of Service Commencement delivered by Exodus to Customer when Exodus begins providing each Service to Customer.

  • Date of Commencement This Agreement has commenced and shall be deemed to have commenced on and with effect from the date mentioned at the beginning of this Agreement.

  • Project Commencement The Grantee shall begin the grant-funded project <<on or before insert date>> <<within 90 days of the original start date of the grant term or grant execution date, whichever is later,>>, unless otherwise approved by System Agency. If project commencement is delayed, the Grantee must submit in writing to the assigned contract manager, the steps taken to initiate the project, the reasons for the delay, and the expected start date. System Agency may require Grantee to take immediate remedial or corrective action in response to any delay.

  • Construction Commencement The Connecting Transmission Owner shall commence construction of the Connecting Transmission Owner’s Attachment Facilities and System Upgrade Facilities and System Deliverability Upgrades for which it is responsible as soon as practicable after the following additional conditions are satisfied: 5.6.1 Approval of the appropriate Governmental Authority has been obtained for any facilities requiring regulatory approval; 5.6.2 Necessary real property rights and rights-of-way have been obtained, to the extent required for the construction of a discrete aspect of the Connecting Transmission Owner’s Attachment Facilities and System Upgrade Facilities and System Deliverability Upgrades; 5.6.3 The Connecting Transmission Owner has received written authorization to proceed with construction from the Developer by the date specified in Appendix B hereto; and 5.6.4 The Developer has provided security to the Connecting Transmission Owner in accordance with Article 11.5 by the dates specified in Appendix B hereto.

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