Common use of Possession of the Premises Clause in Contracts

Possession of the Premises. If Lessor is unable to deliver possession of the premises for any reason not within Lessor’s control the Lessor will not be held liable for the same. The agreement is not void or voidable. The Lessee do not have to pay any Lease amount until actual possession of the premises. If Lessor is unable to deliver possession within 5 days after the agreed commencement date, the Lessee may terminate this Agreement by giving written notice to Lessor. The Lessor must refund all money and security deposits paid. The failure of Lessee to take possession of the premises on the said date shall not relieve them of their obligation to pay Lease amount on the agreed date.

Appears in 4 contracts

Samples: Commercial Lease Agreement, Commercial Lease Agreement, Commercial Lease Agreement

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Possession of the Premises. If Lessor is unable to deliver possession of the premises for any reason not within Lessor’s Lessor‟s control the Lessor will not be held liable for the same. The agreement is not void or voidable. The Lessee do not have to pay any Lease amount until actual possession of the premises. If Lessor is unable to deliver possession within 5 days after the agreed commencement date, the Lessee may terminate this Agreement by giving written notice to Lessor. The Lessor must Lessormust refund all money and security deposits paid. .The failure of Lessee to take possession of the premises on the said date shall not relieve them of their obligation to pay Lease amount on the agreed date.

Appears in 1 contract

Samples: Commercial Lease Agreement

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Possession of the Premises. If Lessor is unable to deliver possession of the premises for any reason not within Lessor’s Lessor‟s control the Lessor will not be held liable for the same. The agreement is not void or voidable. The Lessee do not have to pay any Lease amount until actual possession of the premises. If Lessor is unable to deliver possession within 5 days after the agreed commencement date, the Lessee may terminate this Agreement by giving written notice to Lessor. The Lessor must refund all money and security deposits paid. The failure of Lessee to take possession of the premises on the said date shall not relieve them of their obligation to pay Lease amount on the agreed date.

Appears in 1 contract

Samples: Commercial Lease Agreement

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