Opening Date. The Lessee shall open the business for trading on the opening date as defined in clause 3 hereof. Should the Lessee fail to open, a penalty of R5,000.00 (Five Thousand Rand) shall be imposed for each day that the lessee fails to open and trade, in a bona-fide manner.
Opening Date. The opening year of the Charter School is SY2017.
Opening Date. The Opening Date shall in no event be earlier than the date on which all of the following have occurred: (i) all licenses, permits, and other approvals and instruments necessary for operation of the Project (or phase thereof) have been obtained, and (ii) on the Opening Date there will be no ongoing construction on any portion of the Project (or phase thereof) that would materially adversely limit, restrict, disturb or interfere with the experience of the Project owners and guests. If, as of the Opening Date, there remain to be completed minor unfinished punchlist items or installation of incidental FF&E and Fixed Asset Supplies in the common areas, lobby, administrative offices or any units to be opened on the Opening Date, none of which preclude Licensee from operating the Project (or phase thereof) in accordance with the Design Standards, the Opening Date shall not be delayed for such reasons; however, Licensee shall be obligated to promptly finish such items pursuant to the requirements of this Addendum.
Opening Date. The "Opening Date" shall be the date on which the Xxxxxxx Money Deposit, together with a fully executed copy or counterpart copies of the Purchase Agreement are received by the Escrow Agent. Escrow Agent is hereby instructed to enter that Opening Date on the first page of this Agreement and return a copy to both Seller and Purchaser.
Opening Date. Great Lakes will notify Tall Pines of the opening of a Development for business, within ten (10) days after the opening.
Opening Date. Negotiations shall not be reopened prior to May 1 of the last year covered by this contract except by mutual consent.
Opening Date. Within five (5) business days after the execution of this Agreement by both Buyer and Seller, Seller will deliver a fully executed copy of this Agreement to Escrow Agent. The date that this Agreement is delivered to Escrow Agent is referred to in this Agreement as the “Opening Date.” Escrow Agent shall notify Buyer and Seller in writing of the Opening Date.
Opening Date. If the Opening Date does not occur within eighteen (18) months after Target Opening Date for any reason, including Force Majeure, Licensor shall have the right to terminate the Agreement, by delivering written Notice to Licensee. Additionally, Licensee shall immediately pay to Licensor all accrued fees under this Agreement and reimburse Licensor for all professional, travel and out-of-pocket expenses incurred by Licensor in connection with this Agreement.
Opening Date. Licensee shall use its best effort to have the Hotel be in operation and open to the public not later than December 1, 2008 (the “Target Opening Date”), and shall thereafter remain continuously open during the Term of this Agreement. The “Opening Date” shall be the actual date the Hotel and the Casino is fully operational and open to the public. Licensee acknowledges and agrees that the Casino must open for operations simultaneously with the Hotel. If the Opening Date does not occur within eighteen (18) months after the Target Opening Date for any reason, including Force Majeure, Licensor shall have the right to terminate this Agreement, by delivering written Notice to Licensee. Additionally, Licensee shall immediately pay to Licensor all accrued fees under this Agreement and reimburse Licensor for all professional, travel and out-of-pocket expenses incurred by Licensor in connection with this Agreement.
Opening Date. Negotiations shall begin no later than March 15, unless both parties agree to an alternate date. At the first meeting a tentative schedule for future meetings will be adopted.
