Common use of No Default Funding Clause in Contracts

No Default Funding. In no event shall Landlord have any obligation to fund any portion of the TI Allowance during any period that Tenant is in Default under the Lease. This ACKNOWLEDGMENT OF COMMENCEMENT DATE is made this day of , , between ARE-770/784/790 MEMORIAL DRIVE, LLC, a Delaware limited liability company (“Landlord”), and JOUNCE THERAPEUTICS, INC., a Delaware corporation (“Tenant”), and is attached to and made a part of the Lease dated , (the “Lease”), by and between Landlord and Tenant. Any initially capitalized terms used but not defined herein shall have the meanings given them in the Lease. Landlord and Tenant hereby acknowledge and agree, for all purposes of the Lease, that the Commencement Date of the Base Term of the Lease is , , the Rent Commencement Date is , , and the termination date of the Base Term of the Lease shall be midnight on , . In case of a conflict between the terms of the Lease and the terms of this Acknowledgment of Commencement Date, this Acknowledgment of Commencement Date shall control for all purposes.

Appears in 2 contracts

Samples: Lease Agreement (Jounce Therapeutics, Inc.), Lease Agreement (Jounce Therapeutics, Inc.)

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No Default Funding. In no event shall Landlord have any obligation to fund perform any portion of the TI Allowance Landlord’s Work during any period that Tenant is in Default under the Lease. This ACKNOWLEDGMENT OF COMMENCEMENT DATE is made this day of , , between ARE-770/784/790 MEMORIAL DRIVEARE-EAST XXXXX XXXXX, LLC, a Delaware limited liability company (“Landlord”), and JOUNCE THERAPEUTICSDiCE MOLECULES SV, INC., a Delaware corporation (“Tenant”), and is attached to and made a part of the Lease dated , (the “Lease”), by and between Landlord and Tenant. Any initially capitalized terms used but not defined herein shall have the meanings given them in the Lease. Landlord and Tenant hereby acknowledge and agree, for all purposes of the Lease, that the Commencement Date of the Base Term of the Lease is , , the Rent Commencement Date is , , and the termination date of the Base Term of the Lease shall be midnight on , . In case of a conflict between the terms of the Lease and the terms of this Acknowledgment of Commencement Date, this Acknowledgment of Commencement Date shall control for all purposes.

Appears in 1 contract

Samples: Lease Agreement (DiCE MOLECULES HOLDINGS, LLC)

No Default Funding. In no event shall Landlord have any obligation to fund any portion of the TI Allowance or to perform any Landlord’s Work during any period that Tenant is in Default under the Lease. This ACKNOWLEDGMENT OF COMMENCEMENT DATE is made this day of , , between ARE-770/784/790 MEMORIAL DRIVEARE-NC REGION NO. 17, LLC, a Delaware limited liability company (“Landlord”), and JOUNCE THERAPEUTICSELO LIFE SYSTEMS, INC., a Delaware corporation (“Tenant”), and is attached to and made a part of the Lease dated , (the “Lease”), by and between Landlord and Tenant. Any initially capitalized terms used but not defined herein shall have the meanings given them in the Lease. Landlord and Tenant hereby acknowledge and agree, for all purposes of the Lease, that the Commencement Date of the Base Term of the Lease is , , the Rent Commencement Date is , , and the termination date of the Base Term of the Lease shall be midnight on , . In case of a conflict between the terms of the Lease and the terms of this Acknowledgment of Commencement Date, this Acknowledgment of Commencement Date shall control for all purposes.

Appears in 1 contract

Samples: Lease Agreement (Precision Biosciences Inc)

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No Default Funding. In no event shall Landlord have any obligation to fund any portion of the TI Tl Allowance or to perform any Landlord’s Work during any period that Tenant is in Default under the Lease. This ACKNOWLEDGMENT OF COMMENCEMENT DATE is made as of this day of , , between ARE-770/784/790 MEMORIAL DRIVEARE-TECH SQUARE, LLC, a Delaware limited liability company (“Landlord”), and JOUNCE THERAPEUTICSCODIAK BIOSCIENCES, INC., a Delaware corporation (“Tenant”), and is attached to and made a part of the Lease dated as of , (the “Lease”), by and between Landlord and Tenant. Any initially capitalized terms used but not defined herein shall have the meanings given them in the Lease. Landlord and Tenant hereby acknowledge and agree, for all purposes of the Lease, that the Commencement Date of the Base Term of the Lease is , , the Rent Commencement Date is , , and the termination expiration date of the Base Term of the Lease shall be midnight on , . In case of a conflict between the terms of the Lease and the terms of this Acknowledgment of Commencement Date, this Acknowledgment of Commencement Date shall control for all purposes.

Appears in 1 contract

Samples: Lease Agreement (Codiak BioSciences, Inc.)

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