Common use of Tenant's Possession Clause in Contracts

Tenant's Possession. Tenant’s taking possession of any portion of the Premises shall be conclusive evidence that the entire Premises was in good order, repair and condition, except that Tenant shall (a) have thirty (30) days to identify “punch list” items to Landlord in writing for which Tenant shall have no liability; (b) identify any latent defects to Landlord in writing within one (1) year of the date Tenant takes possession. If Landlord authorizes Tenant to take possession of any part of the Premises prior to the Commencement Date for purposes of doing business, all terms of this Lease shall apply to such pre-Term possession, including Base Rent at the rate set forth for the First Lease Year in the Schedule, prorated for any partial month.

Appears in 1 contract

Samples: Lease Agreement (Focus Enhancements Inc)

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Tenant's Possession. Tenant’s taking possession of any portion of the Premises shall be conclusive evidence that the entire Premises was in good order, repair and condition, except that for punch list items, if any, identified by Tenant shall (a) have thirty (30) days to identify “punch list” items to Landlord in writing for which Tenant shall have no liability; (b) identify any latent defects by written notice delivered to Landlord in writing within no later than 30 days following substantial completion of the Initial Improvements and, for a period of one (1) year of following the date Tenant takes possessionCommencement Date, any latent defects in the Premises. If Landlord authorizes Tenant to take possession of any part of the Premises prior to the Commencement Date for purposes of doing business, all terms of this Lease shall apply to such pre-Term possession, including Base Rent at the rate set forth for the First Lease Year in the Schedule, Schedule prorated for any partial month.

Appears in 1 contract

Samples: Lease Agreement (Realogy Corp)

Tenant's Possession. Tenant’s taking possession of any portion of the Premises shall be conclusive evidence that the entire Premises was in good order, repair and condition, except condition and that Tenant shall (a) will be deemed to have thirty (30) days to identify accepted the Premises in their punch listAS-IS, WHERE-IS and WITH ALL FAULTSitems to Landlord in writing for which Tenant shall have no liability; (b) identify any latent defects to Landlord in writing within one (1) year condition as of the date Tenant takes possessionCommencement Date. It will be Tenant’s obligation to complete Tenant’s Work in accordance with the Work Letter. If Landlord authorizes Tenant to take possession of any part of the Premises prior to the Commencement Date for purposes of doing business, all terms of this Lease shall apply to such pre-Term possession, including Base Rent at the rate set forth for the First Lease Year in the Schedule, Schedule prorated for any partial month.

Appears in 1 contract

Samples: Lease Agreement (Time Warner Telecom Inc)

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Tenant's Possession. Tenant’s 's taking possession of any portion of the Premises shall be conclusive evidence that the entire Premises was were in good order, repair and condition, condition when Tenant took possession except for latent defects (provided that claims for any such latent defects shall be deemed waived unless Tenant shall (a) have has given Landlord written notice of the existence of such latent defects on or prior to the date thirty (30) days to identify “punch list” items to Landlord in writing for which Tenant shall have no liability; (b) identify any latent defects to Landlord in writing within one (1) year of months after the date Tenant takes possessionCommencement Date). If Landlord authorizes Tenant to take possession of any part of the Premises prior to the Commencement Date for purposes of doing business, all terms of this Lease shall apply to such pre-Term possession, including Base Rent at the rate set forth for the First Lease Year in the Schedule, prorated for any partial month.

Appears in 1 contract

Samples: Lease Agreement (Uici)

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