Scheduled Lease Term Sample Clauses

Scheduled Lease Term. Subject to Paragraph 48 (“Tenant’s Option to Terminate”), the “Term” of this Lease shall be for a period of Three (3) years (unless sooner terminated as hereinafter provided) and, subject to Paragraphs 2.B and 3, shall commence on the 1st day of November, 2006 (the “Commencement Date”) and end on the 31st day of October, 2009 (the “Termination Date”).
AutoNDA by SimpleDocs
Scheduled Lease Term. Subject to Paragraphs 44 (“Lease Terms Co-Terminous”), 45 (“Cross Default”), 46 (“Two (2) Five (5) Year Options to Extend”) and 47 (“Option to Lease Adjacent Property”), the “Term” of this Lease shall be for a period of FIFTEEN (15) years, SIX (6) months and SIXTEEN (16) days (unless sooner terminated as hereinafter provided) and, subject to Paragraphs 2.B and 3, shall commence on the 16th day of May, 2005 (the “Commencement Date”) and end on the 30th day of November, 2020 (the “Termination Date”) (hereinafter referred to as “Initial Term”). Notwithstanding anything to the contrary herein, in no event shall the Lease Commencement Date be prior to May 16, 2005 unless the Premises are occupied by any of Tenant’s operating personnel prior to May 16, 2005, in which event the Lease Commencement Date shall be changed from the scheduled Commencement Date of May 16, 2005 to the earlier date that Tenant occupies the Premises.
Scheduled Lease Term. Subject to Tenant’s early termination rights pursuant to Lease Paragraph 47 (Tenant’s Option to Terminate the Lease), the “Term” of this Lease shall be for a period of five (5) years (unless sooner terminated as hereinafter provided) and, subject to Paragraphs 2.B and 3, shall commence on the 1st day of May, 2006 (the “Commencement Date”) and end on the 30th day of April, 2011 (the “Termination Date”). Notwithstanding anything to the contrary herein, in no event shall the Lease Commencement Date be prior to May 1, 2006 unless any portion of the Premises are occupied by any of Tenant’s operating personnel for the conduct of any of its business prior to May 1, 2006, in which event the Lease Commencement Date shall be changed from the scheduled Commencement Date of May 1, 2006 to the earlier date that Tenant occupies any portion of the Premises.
Scheduled Lease Term. 5 YEARS.
Scheduled Lease Term. The “Term” of this Lease shall be for a period of Four (4) Years (unless sooner terminated as hereinafter provided) and, subject to Paragraphs 2.B and 2.2, shall commence on the 1st of November, 2007 (the “Commencement Date”) and end on the 31st day of October 2011 (the “Termination Date”).
Scheduled Lease Term. The “Term” of this Lease shall be for a period of THREE (3) years and ONE (1) month (unless sooner terminated as hereinafter provided) and, subject to Paragraphs 2.B and 3, shall commence on the 1st day of January, 2005 (the “Commencement Date”) and end on the 31st day of January, 2008 (the “Termination Date”). Notwithstanding anything to the contrary herein, in no event shall the Lease Commence Date be prior to January 1, 2005 unless the Premises are occupied by any of Tenant’s operating personnel prior to January 1, 2005, in which event the Lease Commencement Date shall be changed from the scheduled Commencement Date of January 1, 2005 to the earlier date that Tenant occupies the Premises.
Scheduled Lease Term. The “Term” of this Lease shall be for a period of three (3) years (unless sooner terminated as hereinafter provided) and, subject to Paragraphs 2.B, 2.C and 3, shall commence on the later of (i) the date Landlord delivers possession of the Premises to Tenant following substantial completion of the Tenant Improvements as provided in Paragraph 9.B (“As-Is Basis: Tenant Improvements”) below, or (ii) the 1st day of June, 2006 (the “Commencement Date”) and end on the 31st day of May, 2009 (the “Termination Date”). Notwithstanding anything to the contrary herein, in no event shall the Lease Commencement Date be prior to June 1, 2006 unless the Tenant Improvements are substantially completed and any portion of the Premises is occupied by any of Tenant’s operating personnel prior to June 1, 2006, in which event the Lease Commencement Date shall be changed from the scheduled Commencement Date of June 1, 2006 to the earlier date that Tenant occupies any portion of the Premises.
AutoNDA by SimpleDocs

Related to Scheduled Lease Term

  • Initial Lease Term The Initial Lease Term is for a minimum of ten (10) years; however, the State will consider a longer lease term if economic benefits are deemed to be in the State’s best interest. Please propose a fixed, or flat, rental rate for a Gross Lease: including all expenses – taxes, insurance, janitorial services, maintenance, etc. The State may elect to pay for utilities separately so please include a cost per square foot to reduce the rental rate if such occurs.

  • Sublease Term The term of the Sublease (“Sublease Term”) commences on the later to occur of (1) Sublandlord’s receipt of Prime Landlord’s written consent to this Sublease, and (2) October 1, 2009 (“Sublease Commencement Date”); and expires on January 28, 2018 (“Sublease Expiration Date”; i.e., the day prior to the Termination Date pursuant to the Prime Lease). Sublandlord shall deliver the Subleased Premises “broom clean” and free of all of Sublandlord’s personal property (other than the F&F (defined in Section 2(f))) and debris, but otherwise in “AS IS, WHERE IS” condition on the Sublease Commencement Date; provided that Subtenant shall not be responsible for, or required to remedy, any violation of any applicable law, or any condition or state of facts, with respect to the Subleased Premises, the Building or the Land existing on or prior to the Sublease Commencement Date. Sublandlord is not required to perform any work to prepare the Subleased Premises for Subtenant’s intended use. If (i) for any reason Sublandlord has not received Prime Landlord’s written consent to this Sublease in form required by Section 15(i) below by the date which is sixty (60) days from the date hereof, or (ii) Prime Landlord elects to terminate the Prime Lease in respect of the Subleased Premises pursuant to Prime Landlord’s recapture right set forth in Section 16.5 of the Prime Lease, then in the case of (i), then Sublandlord and Subtenant each may elect at any time thereafter to terminate this Sublease by written notice to the other, whereupon the parties shall deem this Sublease to be null and void and of no effect (except for those provisions expressly stated herein to survive a termination), and in the case of (ii) the Sublease will be deemed terminated in accordance with Section 16.5 of the Prime Lease.

  • Lease Term The terms and provisions of this Lease shall be effective as of the date of this Lease. The term of this Lease (the “Lease Term”) shall commence on the “Lease Commencement Date,” as that term is set forth in Section 3.2 of the Summary, and shall terminate on the “Lease Expiration Date,” as that term is set forth in Section 3.3 of the Summary, unless this Lease is sooner terminated as hereinafter provided. Tenant hereby acknowledges that the Premises are currently occupied by another tenant of the Building. If Landlord is unable for any reason to deliver possession of the Premises to Tenant on any specific date , then Landlord shall not be subject to any liability for its failure to do so, and such failure shall not affect the validity of this Lease or the obligations of Tenant hereunder. For purposes of this Lease, the term “Lease Year” shall mean each consecutive twelve (12) month period during the Lease Term. At any time during the Lease Term, Landlord may deliver to Tenant a notice in the form as set forth in Exhibit C, attached hereto, as a confirmation only of the information set forth therein, which Tenant shall execute and return to Landlord within ten (10) business days of receipt thereof; provided, however, Tenant’s failure to execute and return such notice to Landlord within such time shall be conclusive upon Tenant that the information set forth in such notice is as specified therein. In addition to the foregoing, subject to any delays caused by Tenant or any Tenant Parties and events of Force Majeure, if Landlord fails to tender possession of the Premises to Tenant on or before January 2, 2015 (the “Base Rent Delivery Date”), Tenant shall be entitled to one (1) day of per diem Base Rent abatement for each day commencing on the day after the Base Rent Delivery Date and ending on the date Landlord so tenders possession of the Premises to Tenant. Any such Base Rent Abatement shall be separate from and in addition to any Rent Abatement described in Section 3.2 below.

  • Base Rent Commencing on the Rent Commencement Date, Tenant shall pay, without notice or demand, to Landlord at the address set forth in Section 3 of the Summary, or at such other place as Landlord may from time to time designate in writing, in currency or a check for currency which, at the time of payment, is legal tender for private or public debts in the United States of America, base rent (“Base Rent”) as set forth in Section 8 of the Summary, payable in equal monthly installments as set forth in Section 8 of the Summary in advance on or before the Rent Commencement Date and, thereafter, the first day of each and every month during the Lease Term, without any setoff or deduction whatsoever. Concurrently with Tenant’s execution of this Lease, Tenant shall deliver to Landlord an amount equal to $475,149.74, which amount shall be comprised of the following: (i) the Base Rent payable by Tenant for the Premises for the first (1st) full month of the Lease Term following the Rent Commencement Date (i.e., $383,551.88); and (ii) the Estimated Expenses (as defined below) payable by Tenant for the Premises for the first (1st) full month of the Lease Term (i.e., $91,597.86). If any rental payment date (including the Lease Commencement Date with respect to the Base Rent or the Rent Commencement Date with respect to Estimated Expenses) falls on a day of the month other than the first day of such month or if any rental payment is for a period which is shorter than one month, then the rental for any such fractional month shall be a proportionate amount of a full calendar month’s rental based on the proportion that the number of days in such fractional month bears to the number of days in the calendar month during which such fractional month occurs. All other payments or adjustments required to be made under the terms of this Lease that require proration on a time basis shall be prorated on the same basis. For the avoidance of doubt, Tenant’s obligation for the payment of Base Rent shall commence on the Rent Commencement Date.

  • Option to Extend Lease Term Landlord hereby grants to Tenant one option to extend the Lease Term of the 000 Xxxx Xxxxx Lease for a five (5) year term commencing when the prior term expires, under the following terms and conditions:

  • Lease Commencement Date The earlier to occur of (i) the date upon which Tenant first commences to conduct business in the Premises, and (ii) the later to occur of (A) November 1, 2018 and (B) the date upon which the Premises are Ready for Occupancy (as that term is defined in Section 5.1 of the Tenant Work Letter attached hereto as Exhibit B (the “Tenant Work Letter”)).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!