Common use of PLANNING ACT Clause in Contracts

PLANNING ACT. Where applicable, this Lease shall be subject to the condition that it is effective only if the Planning Act (Ontario) is complied with. Pending such compliance, the Term and any extension periods shall be deemed to be for a total period of one (1) day less than the maximum lease term permitted by law without such compliance.

Appears in 4 contracts

Samples: Lease Agreement (Hydrogenics Corp), Lease (Hydrogenics Corp), Lease Agreement (Tarpon Industries, Inc.)

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PLANNING ACT. Where applicable, this Lease shall be subject to the condition that it is effective only if the Planning Act Act, (Ontario) ), as amended is complied with. Pending such compliance, compliance the Term and any extension periods renewal thereof shall be deemed to be for a total period of one (1) day year less than the maximum lease term Term permitted by law without such compliance.

Appears in 2 contracts

Samples: Lease Agreement (Coley Pharmaceutical Group, Inc.), Lease Agreement (Coley Pharmaceutical Group, Inc.)

PLANNING ACT. Where applicable, this Lease shall be subject to the condition that it is effective only if the The Planning Act Act, (Ontario) ), as amended is complied with. Pending such compliance, the Term and any extension periods thereof shall be deemed to be for a total period of one (1) day year less than the maximum lease term Term permitted by law without such compliance.

Appears in 2 contracts

Samples: Lease Agreement (Zarlink Semiconductor Inc), Lease Agreement (Mitel Networks Corp)

PLANNING ACT. Where applicable, this Lease shall be subject to the condition that it is effective only if the Planning Act PLANNING ACT (Ontario) is complied with. Pending such compliance, the Term and any extension periods shall be deemed to be for a total period of one (1) day less than the maximum lease term permitted by law without such compliance. OBLIGATIONS AS COVENANTS 15.04 Each obligation or agreement of the Landlord or the Tenant expressed in this Lease, even though not expressed as a covenant, is considered to be a covenant for all purposes.

Appears in 1 contract

Samples: Lease Agreement (Childrens Place Retail Stores Inc)

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PLANNING ACT. Where applicable, this ‌ This Lease shall be subject to the condition that it is effective only if the subdivision control provisions of the Planning Act (Ontario) is ), which includes any amendments or replacements of such legislation, if any, are complied with. Pending such compliance, the Term and any extension periods shall be deemed to be for a total period of one (1) day less than the maximum lease term permitted by such law without such compliance.

Appears in 1 contract

Samples: Net Industrial Lease

PLANNING ACT. Where applicable, this Lease shall be subject to the condition that it is effective only if the Planning Act (Ontario) is complied with. Pending such compliance, the Term and any extension renewal periods shall be deemed to be for a total period of one (1) day less than the maximum lease term permitted by law without such compliance.. OBLIGATIONS AS COVENANTS

Appears in 1 contract

Samples: Lease Agreement (Childrens Place Retail Stores Inc)

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