Common use of Term and Possession Clause in Contracts

Term and Possession. The lease Term runs from at 12:00 NOON to at 12:00 NOON. Possession will be provided only after the first month’s rent, Security Deposit, and processing fee are paid. If none of the Tenants takes possession on the day it is to be provided, and if by that day Tenants have not notified Landlord in writing that they will take possession on a later day, Landlord may presume conclusively that Tenants have abandoned the Premises and rerent them. If the Premises are not ready for occupancy when the Term commences, Xxxxxxxx’s sole liability to Tenants is abatement of Tenants’ rent, in the same percentage that the Premises are not ready for occupancy, from the date the Term commences to the date the Premises are ready for occupancy, which date is at Landlord’s exclusive determination.

Term and Possession. The lease Term runs from at 12:00 NOON to at 12:00 NOON. Possession will be provided only after the first month’s rent, Security Deposit, and processing fee are paid. If none of the Tenants takes possession on the day it is to be provided, and if by that day Tenants have not notified Landlord in writing that they will take possession on a later day, Landlord may presume conclusively that Tenants have abandoned the Premises and rerent them. If the Premises are not ready for occupancy when the Term commences, Xxxxxxxx’s sole liability to Tenants is abatement of Tenants’ rent, in the same percentage that the Premises are not ready for occupancy, from the date the Term commences to the date the Premises are ready for occupancy, which date is at Landlord’s exclusive determination. University Towers does not cancel leases for any reason except section 32.

Term and Possession. The This lease Term runs from DATE at 12:00 NOON 9:00 am to DATE at 12:00 NOON9:00 am . Possession will be provided only after the first month’s 's rent, Security Deposit, and processing preparation fee are have been paid. If none of the Tenants takes possession on the day it is to be provided, and if by that day Tenants have not notified given Landlord in writing written notice that they will take possession on a later day, Landlord may presume conclusively that Tenants have abandoned the Premises and rerent them. If the Premises are not ready for occupancy when on the Term date this lease commences, Xxxxxxxx’s the sole liability damage for which Landlord shall be liable to Tenants is the full abatement of Tenants’ rent, in the same percentage that the Premises are not ready for occupancy, ' prorated rent from the date the Term this lease commences to the date the Premises are ready for occupancy, which date is at Landlord’s 's exclusive determination.