Common use of Projected Delivery Date; Delivery Date; Commencement Date: Tenant’s Obligations During Construction Period; Term Clause in Contracts

Projected Delivery Date; Delivery Date; Commencement Date: Tenant’s Obligations During Construction Period; Term. (a) Landlord shall tender to Tenant possession of the Premises in the condition required by Section 1 of the Workletter no later than five (5) days after the later of the full execution and delivery of this Lease and Landlord’s recovery of possession of the Premises from the prior tenant and the termination of such tenant’s lease (the “Projected Delivery Date”), which Projected Delivery Date is estimated to occur on August 15, 2017. On the later of the date Landlord actually tenders to Tenant possession of the Premises in the condition required by Section 1 of the Workletter with the prior tenant’s lease terminated and the full execution and delivery of this Lease (the “Delivery Date”), all the terms and conditions of the Lease shall apply, and Tenant shall observe and perform all terms and conditions of the Lease, including all that are specified to apply during the Term (for example only, Tenant’s insurance and indemnification obligations), except that during the period (the “Construction Period”) from the Delivery Date until the Commencement Date, in recognition of Tenant’s construction and installations in, and preparation of, the Premises for the use and occupancy permitted by this Lease, Tenant shall not be obligated to pay Monthly Base Rent, Rent Adjustment Deposits or Rent Adjustments. The Term of this Lease shall be as shown in Section 1.01(5) of the Basic Lease Provisions and the Commencement Date of the Term shall be the date which is sixty (60) days after the Delivery Date.

Appears in 1 contract

Samples: Workletter Agreement (Bolt Biotherapeutics, Inc.)

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Projected Delivery Date; Delivery Date; Commencement Date: Tenant’s Obligations During Construction Period; Term. (a) Landlord shall tender to Tenant possession of the Premises in the condition required by Section 1 of specified in the Workletter Work Letter with any Landlord Work Substantially Complete no later than five (5) days after the later of the full execution and delivery of this Lease and Landlord’s recovery of possession of the Premises from the prior tenant and the termination of such tenant’s lease December 1, 2013 (the “Projected Delivery Date”), which Projected Delivery Date is estimated to occur on August 15, 2017. On the later of the date Landlord actually tenders to Tenant possession of the Premises in the condition required by Section 1 of the Workletter with the prior tenant’s lease terminated and the full execution and delivery of this Lease any Landlord Work Substantially Complete (the “Delivery Date”), all the terms and conditions of the Lease shall apply, and Tenant shall observe and perform all terms and conditions of the Lease, including all that are specified to apply during the Term (for example only, Tenant’s insurance and indemnification obligations), except that during the period (the “Construction Period”) from the Delivery Date until the Commencement DateDate (defined below), in recognition of Tenant’s construction and installations in, and preparation of, the Premises for the use and occupancy permitted by this Lease, : (i) Tenant shall not be obligated to pay Monthly Base Rent, Rent Adjustment Deposits or Rent Adjustments; and (ii) Landlord shall not be obligated to provide services or utilities except if and to the extent expressly provided in Section 4 of the Work Letter. The Term of this Lease shall be as shown in Section 1.01(5) of the Basic Lease Provisions and the Commencement Date of the Term shall be the date which is sixty the later to occur of: (60i) July 1, 2014; or (ii) one hundred fifty (150) days after the Delivery Date.

Appears in 1 contract

Samples: Work Letter Agreement (XOOM Corp)

Projected Delivery Date; Delivery Date; Commencement Date: Tenant’s Obligations During Construction Period; Term. (a) Landlord shall tender to Tenant possession of the Premises in the condition required by Section 1 of specified in the Workletter no later than five two (52) business days after the later of the full execution and delivery of this Lease and Landlord’s recovery of possession of the Premises from the prior tenant and the termination of such tenant’s lease (the “Projected Delivery Date”), which Projected Delivery Date is estimated to occur on August 15, 2017. On the later of the date Landlord actually tenders to Tenant possession of the Premises in the condition required by Section 1 of the Workletter with the prior tenant’s lease terminated and the full execution and delivery of this Lease (the “Delivery Date”), all the terms and conditions of the Lease shall apply, and Tenant shall observe and perform all terms and conditions of the Lease, including all that are specified to apply during the Term (for example only, Tenant’s insurance and indemnification obligations), except that during the period (the “Construction Period”) from the Delivery Date until the Commencement DateDate (defined below), in recognition of Tenant’s construction and installations in, and preparation of, the Premises for the use and occupancy permitted by this Lease, : (i) Tenant shall not be obligated to pay Monthly Base Rent, Rent Adjustment Deposits or Rent Adjustments; and (ii) Landlord shall not be obligated to provide services or utilities except if and to the extent expressly provided in Section 4 of the Workletter. The Term of this Lease shall be as shown in Section 1.01(5) of the Basic Lease Provisions and shall commence on the date specified in Section 1.01(6) of the Basic Lease Provisions as the Commencement Date of the Term shall be the date which is sixty (60) days after the Delivery Date.

Appears in 1 contract

Samples: Workletter Agreement (Modular Medical, Inc.)

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Projected Delivery Date; Delivery Date; Commencement Date: Tenant’s Obligations During Construction Period; Term. (a) Landlord shall tender to Tenant possession of the Premises in the condition required by Section 1 of specified in the Workletter no later than five (5) days after the later of the full execution and delivery of this Lease and Landlord’s recovery of possession of the Premises from the prior tenant and the termination of such tenant’s lease August 1, 2019 (the “Projected Delivery Date”), which Projected Delivery Date is estimated to occur on August 15, 2017. On the later of the date Landlord actually tenders to Tenant possession of the Premises in the condition required by Section 1 of the Workletter with the prior tenant’s lease terminated and the full execution and delivery of this Lease (the “Delivery Date”), all the terms and conditions of the Lease Leases shall apply, and Tenant shall observe and perform all such terms and conditions of the Lease, including all that are specified to apply during the Term (for example only, Tenant’s insurance and indemnification obligations)conditions, except that during as otherwise expressly provided in this Rider. During the period (the “Construction Period”) from the Delivery Date until the Commencement DateDate (defined below), in recognition of Tenant’s construction and installations in, and preparation of, the Premises for the use and occupancy permitted by this Lease, : (i) Tenant shall not be obligated to pay Monthly Base Rent, Rent Adjustment Deposits or Rent Adjustments; and (ii) Landlord shall not be obligated to provide services or utilities except if and to the extent expressly provided in Section 4 of the Workletter. The Term of this Lease shall be as shown in Section 1.01(5) of the Basic Lease Provisions and the Commencement Date Date” of the Term shall be the date which is sixty four (604) days months after the Delivery Date.

Appears in 1 contract

Samples: Workletter Agreement (INSU Acquisition Corp. II)

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